Economies of scale refer to the process of reducing the average cost per unit as production scales. It enables higher profitability through spreading fixed costs, bulk purchasing discounts, operational efficiency and other means. SaaS companies uniquely leverage economies of scale.

The U.S. has faced an economic roller coaster over the past few years — a global pandemic, inflation, the threat of recession, and ever-changing trade policies. Some businesses have faced economic headwinds before: The 2008 financial crisis, for example ...

TOPEKA, Kan. (WIBW) - Commerce Deputy Secretary for Business Development Joshua Jefferson was named one of North America’s Top 50 Economic Developers by Consultant Connect. According to Lieutenant Governor and Secretary of Commerce David Toland, the ...

The state's commissioner of business and economic affairs, Taylor Caswell, is resigning later this month. In July, Caswell failed to gain the support of a majority of the Executive Council for another four-year term. He played a key role in the state's COVID-19 response, leading the governor's office for emergency relief and recovery efforts.