Small businesses frequently use the "payback" method when deciding which projects to pursue. This method is easy to understand, and its relatively short-term focus suits a risk-averse business owner, ...

Companies generally don't have unlimited money, so they must be strategic in how they spend the resources they do have. Capital budgeting is a process by which companies decide which projects or ...

The key to effective decision making is evaluating alternatives and selecting the most feasible and valuable among the options. Capital budgeting is a quantitative assessment that involves forecasting ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...