Jeff is a writer, founder, and small business expert that focuses on educating founders on the ins and outs of running their business. From answering your legal questions to providing the right ...

FIFO stands for "first in, first out," and is used both commercially and domestically to manage inventory efficiently by ensuring items are used in the order they enter. The FIFO method helps save ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...