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How to Collect on a Judgment
By Max Freedman | March 24, 2021

When suing a debtor, having a judgment in your favor is only part of the battle. There are several steps you may have to take to recoup what you are owed.

What Is Skip Tracing in Debt Collection?
By Max Freedman | March 24, 2021

Skip tracing is a critical step when trying to collect debt from someone who is difficult to find.

Should You Hire a Debt Collection Attorney for Your Business?
By Max Freedman | March 22, 2021

Depending on your needs, you may be best served by hiring a debt collection attorney to recover outstanding debts.

How to Write a Debt Collection Letter
By Max Freedman | March 18, 2021

This guide includes information about how to write a debt collection letter and pursue outstanding invoices from nonpaying clients.

How to Calculate Annual Revenue
By Max Freedman | March 17, 2021

Knowing your annual revenue will help you determine if your company is profitable.

How to Save for Retirement if You Have Your Own Business
By Joanna Furlong | February 02, 2021

Business owners can teach themselves all they need to know to save enough for retirement.

Apple's Credit Card: What Small Businesses Need to Know
By Stella Morrison | January 13, 2021

Though the Apple Card is for consumers, small business owners can take advantage of some of its perks.

How to Find the Right SBA Loan for Your Small Business
By Marci Martin | January 13, 2021

When your small business needs capital and you don't qualify for a conventional business loan, SBA loans are an appealing option.

Do You Need a Small Business Credit Card?
By Bennett Conlin | January 12, 2021

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

401(k) Plan: What It Is and How to Choose One
By Jennifer Post | December 31, 2020

Employees can contribute a portion of their pay to saving for retirement and have that money automatically deducted from their paychecks before taxes.

What's the Difference Between Accountants and Bookkeepers?
By Donna Fuscaldo | December 29, 2020

Thinking about hiring an accountant or bookkeeper? Here's what you need to know about these two roles before you decide which one best meets your business's needs.

Self-Employed 401(k) Plans: Frequently Asked Questions
By Heather Larson | December 16, 2020

See our complete guide to the best retirement plan for independent workers.

Overtime Pay and What It Means for Your Workers
By Andrew Martins | October 13, 2020

Learn what overtime is and how you should dole it out to your employees.

FIFO vs. LIFO: What Is the Difference?
By Business News Daily | August 28, 2020

What inventory management method should you use for your business? Learn about FIFO and LIFO to help you decide.

What Are Intangible Assets?
By Simone Johnson | August 05, 2020

Not all company assets are physical items like property or equipment. Learn what intangible assets are, how to acquire them and how to account for them on your balance sheet.

What Is a Tax Audit? What Do You Do If You Get Audited?
By Simone Johnson | August 04, 2020

Understanding what a tax audit is can make them less scary. Here's what you should know if you receive an audit notice from the IRS.

Cash Flow Management: Techniques and Tools
By Matt D'Angelo | July 24, 2020

Cash flow management is an essential skill that all business owners should possess. These techniques and tools make it easier to manage cash flow.

What Is ROI?
By Simone Johnson | July 10, 2020

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

The Sole Proprietorship Tax Guide
By Andrew Martins | June 30, 2020

As the July 15 tax deadline gets closer, it's important that you know how to file your taxes as a sole proprietor.

What to Do When Customers Won't Pay Their Bill
By Sammi Caramela | June 23, 2020

Are your customers refusing to pay their outstanding balance? Here's what you can do when a customer won't pay their bill.

Crazy Tax Deductions Allowed by the IRS
By Matt D'Angelo | April 16, 2020

These off-the-wall tax deductions are legal, believe it or not. Do you qualify for any?

U.S. Businesses Get Access to Low-Interest SBA Loans to Weather Coronavirus Impact
By Andrew Martins | March 12, 2020

President Donald Trump announced last night that the Small Business Administration will provide low-interest loans to SMBs affected by COVID-19.

What Happens If You Can't Make Payroll?
By Business News Daily Editor | February 25, 2020

You should avoid missing payroll at all costs. If you can't make it, here's what happens.

What Is a REIT?
By Business News Daily Editor | February 03, 2020

A real estate investment trust (REIT) is essentially a mutual fund that invests in real estate.

What Is Stagflation? Inflation Plus Stagnation
By Business News Daily Editor | February 03, 2020

Stagflation is rare, but it has devastating effects on the economy. Here's what a period of stagflation would mean for businesses and the larger job market.

Kabbage Payments: What You Need to Know
By Andrew Martins | January 07, 2020

Small businesses can use Kabbage Payments to accept online invoice payments. They can also use it to request payments using a custom pay link.

The Financial Independence, Retire Early (FIRE) Movement Explained
By Siri Hedreen | January 06, 2020

Here's what the FIRE movement can teach us about financial freedom and happiness.

How to File a Tax Extension for Your Small Business
By Derek Walter | January 03, 2020

Is tax time approaching, and you're unprepared to file? Here's how to file for an extension.

Venmo for Business: Everything You Should Know
By Mona Bushnell | December 26, 2019

Should your business accept Venmo? Here's what you need to know about this payment method.

The Tax Cuts and Jobs Act: How It's Affecting Tax Season for SMBs
By Skye Schooley | December 19, 2019

Learn how the Trump Tax Cuts and Jobs Act (TCJA) impacts your business's taxes this year.