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

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
Accountant using a calculator
Article
What Is the Accounting Cycle?
By Vishal Sanjay | March 24, 2023

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

Accountant using a calculator
Article
Accounting Ratios and Formulas: The Basics You Need to Know
By Matt D’Angelo | March 24, 2023

Learn how accounting ratios and formulas work, and why you should use these accounting tools for your small business.

Woman writing a business plan
Article
The SMB Rent Crisis and How to Survive It
By Jordan Bishop | March 15, 2023

Many SMBs in the U.S. are suffering from crippling high rent expenses. Learn various strategies to remain solvent and survive until conditions change.

Article
How to Write a Debt Collection Letter
By Max Freedman | March 14, 2023

This guide offers tips on how to draft a debt collection letter and when you should send one.

Accountant using a calculator
Article
What Is ROI?
By Isaiah Atkins | March 13, 2023

Here's everything you should know about return on investment and how to use it to ensure your business spending is increasing your earnings.

Article
Do You Need a Small Business Credit Card?
By Bennett Conlin | March 13, 2023

Small business credit cards can help with short-term debts.

Article
What Is Invoice Factoring?
By Dock David Treece | March 13, 2023

This guide explains invoice factoring, a funding option available to businesses that turns outstanding invoices into cash in exchange for a fee.

Article
How to Set Up a POS System
By Adam Uzialko | March 13, 2023

POS systems are necessary for any business that sells products. Here's how to set up yours.

credit card processor
Article
What to Look for in Your Credit Card Processing Service Agreement
By Chad Brooks | March 10, 2023

Before you sign a contract with a credit card processor, you need to know what fees and terms you're agreeing to. Here's what you need to watch out for.

person using a calculator
Article
Small Business Tax Tips
By Sally Herigstad | March 10, 2023

This guide covers some of the biggest mistakes that businesses make when filing taxes, what deductions shouldn’t be overlooked and how small business owners can get tax season right.

Article
10 Ways to Reduce Your Fuel Costs
By David Gargaro | March 08, 2023

Businesses that operate a fleet of vehicles know how much money they are spending on fuel each month. Here are several ways to cut down on those expenses.

Accountant using a calculator
Article
What Is A Profit And Loss Statement?
By Adam Uzialko | March 06, 2023

Learn the importance of accurate P&L statement reporting and how it may keep your business on the right track and sound financial footing.

Article
How to Accept Mobile Credit Card Payment
By Bennett Conlin | March 06, 2023

Accepting mobile credit card payments allows your business to make sales anywhere, anytime. Find out how mobile credit card readers work.

Article
8 Tax Season Preparation Steps
By Sally Herigstad | March 06, 2023

April 15 approaches quickly, and many day-to-day decisions significantly impact your tax obligation. Follow these eight steps to stay on top of taxes.

Article
Crazy Tax Deductions That Are Actually Legal
By Matt D’Angelo | March 02, 2023

These tax deductions might seem made up, but the IRS allows them. See if you qualify for any of these strange but legal deductions.

Article
The Do’s and Don’ts of Sending Someone to Collections
By Max Freedman | March 02, 2023

This guide explains when you should send an account to collections and how you should handle the process.

Article
How to Calculate Annual Revenue
By Sally Herigstad | March 01, 2023

To determine your business' financial health, you need to know how much money you are bringing in. Here is how to calculate your annual revenue.

Businessperson signing a paycheck
Article
How to Create a Biweekly Pay Schedule
By Max Freedman | March 01, 2023

A biweekly pay schedule is the most common pay frequency. Here's how your small business can implement it.

Article
10 Simple Ways to Cut Business Expenses
By Matt D’Angelo | March 01, 2023

Just about every business has some expenses it can cut.Learn where you can eliminate costs and help your cash flow.

Article
What Is the Dow Jones Industrial Average?
By Donna Fuscaldo | February 28, 2023

The Dow Jones Industrial Average, or the Dow, is an index that shows how 30 companies have traded in the stock market.

Article
What Is EBITDA?
By Simone Johnson | February 28, 2023

EBITDA is a way to measure your company's financial health. Learn how to use this analysis tool.

Accountant using a calculator
Article
Gross vs. Net Revenue
By Dock David Treece | February 28, 2023

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

Article
Overtime Pay and What It Means for Your Workers
By Andrew Martins | February 28, 2023

If your employees are regularly working past their 40 hours a week, you are liable to pay them overtime. Find out what that means for your business.

Article
How to Turn Knowledge into Money
By Ned Smith | February 21, 2023

Joseph Hennessey, Small Business Innovation Research Adviser, explains

Article
What is NASDAQ?
By Dock David Treece | February 21, 2023

Learn all about NASDAQ, the world's second-largest, tech-heavy stock exchange.

Article
7 Credit Card Processing Tools You Should Be Using
By Max Freedman | February 21, 2023

These tools will help you accept credit cards, online or in person, without the headaches.

Accountant using a calculator
Article
What Are Intangible Assets?
By Simone Johnson | February 21, 2023

This guide defines intangible assets and explains why they're important to a small business.

Accountant using a calculator
Article
Section 179 Deduction: Rules and Limits
By Dock David Treece | February 21, 2023

This tax rule allows businesses to get the entire depreciation deduction in a single year.

Article
How to Calculate Compound Interest
By Erica Sandberg | February 21, 2023

This guide explains what compound interest is and how to calculate it for your small business.

Article
Filing for Bankruptcy: Information, Benefits and Disadvantages
By Chad Brooks | February 21, 2023

Bankruptcy helps people and businesses get a fresh start financially. Learn what filing for bankruptcy entails, as well as its benefits and disadvantages.