Business News Daily receives compensation from some of the companies listed on this page. Advertising Disclosure
BND Hamburger Icon

MENU

Close
BND Logo
Search Icon
OfficeMax Logo
Get a FREE $25 Office Depot Card with $125 or more qualifying purchase.

Online only. Expires 4/27/2024

Finances

Learn the ins and outs of what you need to have ready to secure funding for your business. We've covered the basics.

Latest: Advice, Tips and Resources

See All Latest
Article
What Is a Pay Card?
By Natalie Hamingson | April 24, 2024

If you're considering offering pay cards as an option for your workers, you'll want to do your research.

Accountant using a calculator
Article
What Is the Accounting Cycle?
By Vishal Sanjay | April 19, 2024

Learn the accounting cycle, an eight-step process for recording and analyzing your company's financial activities to ensure accurate bookkeeping.

Accountant working at a desk
Article
What Is the Double Declining Balance Depreciation Method?
By Dock David Treece | April 19, 2024

Double declining balance depreciation is a method of quickly depreciating large business assets. Learn how and when to use it.

Accountant using a calculator
Article
Entering Bills Into QuickBooks: A Complete Guide
By Vishal Sanjay | April 18, 2024

QuickBooks can help businesses with accurate financial reporting and decision-making. Learn how to enter bills into QuickBooks.

Article
What Is Monetary Policy?
By Sean Peek | April 18, 2024

Monetary policy determines the amount of money that flows through the economy. Learn how it affects your business.

Accountant using a calculator
Article
Understanding Gross vs. Net Revenue
By Dock David Treece | April 16, 2024

Learn the difference between gross and net revenue, which are both important metrics for businesses to track.

Article
What Is Predatory Lending?
By Matt D’Angelo | April 15, 2024

Predatory lending practices include loan flipping, hidden fees and balloon payments. Fortunately, there are laws that protect borrowers.

accountant using a laptop and a calculator
Article
Payroll Reporting: What to Include
By Julie Thompson | April 15, 2024

Learn what information to include in a payroll report, both to ensure legal compliance and to improve financial management.

Article
What Should Your Profit Margins Be?
By Natalie Hamingson | April 15, 2024

Learn why profit margins are important to your business and how to maximize them.

Accountant using a calculator
Article
Accounting Ratios and Formulas: The Basics You Need to Know
By Matt D’Angelo | April 11, 2024

Accounting ratios and formulas streamline the bookkeeping process and help you evaluate your company's finances. Learn how these ratios and formulas work.

Article
What Is the Expense Recognition Principle?
By Dock David Treece | April 11, 2024

The expense recognition principle is a concept in accounting outlining when a business should recognize its expenses. Learn how it works.

Article
10 Top Expense Trackers
By Sean Peek | April 11, 2024

Expense trackers can help you track and document how you and your team are spending money. These are some of the best expense trackers out there today.

Accountant using a calculator
Article
Balance Sheet vs. Income Statement: What’s the Difference?
By Vishal Sanjay | April 11, 2024

Balance sheets and income statements are related but not the same. Learning the difference and when to use each can aid your business’s financial health.

Accountant using a computer and a calculator at a desk
Article
Best Billing Practices for Small B2B Companies
By Jennifer Post | April 11, 2024

This guide includes billing tips for small B2B companies looking to maintain a healthy cash flow.

Article
Struggling for Cash Flow? Strategies for Survival
By Skye Schooley | April 11, 2024

Cash flow is critically important to a small business’s survival and success. These cash flow strategies can help you ensure your business has the cash on hand it needs to grow and succeed.

Article
The 8 Types of Accounting
By Cynthia Uzialko | April 11, 2024

This guide describes eight accounting methods small businesses can use to manage their finances.

Article
Is Not Accepting Credit Cards Hurting Your Bottom Line?
By Mona Bushnell | April 11, 2024

As cash payments decline and contactless payments grow, not accepting credit cards could hurt your business. Learn why your business should accept cards.

Accountant using a calculator
Article
Business Liabilities Every Owner Should Know
By Jamie Johnson | April 11, 2024

This guide identifies common business liabilities that every small business owner should keep track of and understand.

Article
When Should You Hire a CPA?
By Jamie Johnson | April 11, 2024

When is the right time for your business to hire a CPA to take care of your tax needs? This guide explains how to know when to hire an accountant.

businesswoman standing over a series of paper reports on a desk
Article
How to Define Accounting for Business
By Matt D’Angelo | April 11, 2024

Business owners should understand the basics of accounting, including what accountants do. Learn how to improve your fundamental accounting knowledge.

Article
6 Credit Card Processing Scams to Avoid
By Leslie Pankowski | April 11, 2024

Many small businesses fall victim to credit card processing scams. Learn about common credit card processing scams and how to find a credit card processor.

Article
How to Accept Recurring Payments
By Max Freedman | April 11, 2024

Your customers and clients won't always remember to pay on time. Learn how to accept recurring payments to counter this problem.

fingers punching numbers on a credit card processor
Article
Effective Tips for Negotiating Lower Credit Card Processing Fees
By Rebecka Green | April 11, 2024

Follow these tips to get a better deal with your credit card processor.

Article
6 Confusing Things About Accepting Credit Cards
By Marci Martin | April 11, 2024

Remove the confusion around accepting credit cards at your small business and learn what to look out for in a credit card processing company.

Article
Small Business Credit Card Processing: What You Need to Know
By Elizabeth Crumbly | April 11, 2024

Learn the basics of credit card processing, including fees, transaction types, and pros and cons.

Article
How to Prepare an Income Statement
By Max Freedman | April 11, 2024

An income statement can be used for gauging the health of a business and making strategic decisions. This guide explains how to prepare an income statement

Article
Accounting Checklist: Tasks to Do Daily, Weekly and Monthly
By Vishal Sanjay | April 08, 2024

Use this handy checklist to divide your company's accounting into daily, weekly and monthly tasks.

two business partners conversing at a desk
Article
How to Pay Yourself With an Owner’s Draw
By Julie Thompson | April 01, 2024

This guide explains how business owners can pay themselves with a payroll tactic known as an "owner's draw."

Article
What is a Business Line of Credit?
By Max Freedman | April 01, 2024

A business line of credit provides a lot of financial flexibility. Here is how it could help your business.

financial data on a laptop
Article
Payroll Checklist: 10 Steps to Process Payroll
By Max Freedman | March 29, 2024

Processing payroll is critical for businesses. Refer to this payroll checklist to ensure you stay compliant and don't miss vital payroll processing steps.