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Finances

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

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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.

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10 Tax Solutions for Small Businesses
By Sally Herigstad | February 21, 2023

Tax apps, business tax software and other tools can help small business owners stay on top of tax obligations. Discover 10 small business tax solutions.

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Opening a Business Account When You Have Bad Credit
By Donna Fuscaldo | February 21, 2023

ChexSystems can negatively affect your ability to open a business checking account, but it won't make it impossible.

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5 Tax Changes Small Business Owners Need to Prepare For
By Sally Herigstad | February 21, 2023

Tax changes for the 2023 tax year may affect you and your business. Learn about key tax issues and tips for getting ready for tax season.

Article
iPhone Credit Card Processing: What You Need to Know
By Adam Uzialko | February 21, 2023

Small businesses often use iPhones for credit card processing. Learn how to use your iPhone as a POS device and the best credit card processors for iPhone.

Article
What’s a Balance Sheet, and Why Do I Need One?
By Adam Uzialko | February 21, 2023

It's a tool for looking inside your business to outline what it's really worth.

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Accounts Payable and Your Business: What You Need to Know
By Leslie Pankowski | February 21, 2023

Accounts payable are bills a company must pay. Learn about the accounts payable process and how to handle this crucial component of your business finances.

businesman signing a check
Article
Accounts Receivable: What Small Businesses Need to Know
By Marci Martin | February 21, 2023

Accounts receivable refer to unpaid invoices a business should receive from customers from sales. Learn how accounts receivable affects operations.

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Small Business Loan vs. Cash Advance: What’s the Difference?
By Mark Henricks | February 21, 2023

Business loans and lines of credit aren't the only ways a small business can get funds. Learn why a cash advance might work for your company.

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How Long Could Your Business Survive on Cash Reserves?
By Chad Brooks | February 21, 2023

The average small business can only last 27 days without cash inflows. How long would your company make it?

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What Is a Tax Audit? What Do You Do If You Get Audited?
By Simone Johnson | February 21, 2023

Worried about having your taxes audited? Find out what a tax audit is, what triggers it and how to handle an audit notice.

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FIFO vs. LIFO: What Is the Difference?
By Adam Uzialko | February 21, 2023

Learn the differences between FIFO (first in, first out) and LIFO (last in, first out) to determine the best inventory management method for your business.

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GAAP: Standards and Rules for Accountants
By Adam Uzialko | February 21, 2023

GAAP guidelines provide direction for accountants when preparing financial statements. Here are the 10 GAAP principles accountants should follow.

Article
10 Top Expense Trackers
By Sean Peek | February 21, 2023

Find the best apps to manage your expenses on the go.

Business accountant
Article
How to Expand Your Business to Another State
By Isaiah Atkins | February 21, 2023

If your business is growing quickly, you may want to take your operations beyond your state's borders. Learn how to expand successfully.

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What to Do When Customers Won’t Pay Their Bill
By Max Freedman | February 21, 2023

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

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The Return of CDOs: Is Another Economic Crisis on the Horizon?
By Adam Uzialko | February 21, 2023

CDOs caused the 2008 financial crisis, and similar asset categories are on the rise. Could they really cause another recession? Here's what to consider.

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Still Not Accepting EMV Chip Cards? Why You Need to Switch
By Paula Fernandes | February 21, 2023

If your small business hasn't upgraded its technology to accept EMV chip cards, now's the time to do it. Here's why.

Article
Best Billing Practices for Small B2B Companies
By Jennifer Post | February 21, 2023

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

Salesperson on the phone
Article
Affiliate Links: What Small Businesses Should Know
By Jennifer Post | February 21, 2023

Learn how this cost-effective technique can help your small business tap into the followers of influencers and others.

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What Small Businesses Should Know About Cryptocurrency
By Adam Uzialko | February 21, 2023

Thinking about incorporating a crytpcurrency into your business's financial strategy? Here's what you need to know.

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Direct Costs vs. Indirect Costs: What Are They, and How Are They Different?
By Ethan Spielman | February 21, 2023

Direct costs and indirect costs both influence how small businesses should price their products. Here's what you need to know about each type of expense.

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7 Smart Budgeting Tips for Small Business Owners
By Sammi Caramela | February 21, 2023

Trying to figure out your small business budget? Here's some expert advice on managing your finances.

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How the New Tax Law Impacts Small Business
By Matt D’Angelo | February 21, 2023

The Republican tax plan has officially made it through Congress. Here's what it means for your business.

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Wage Garnishment: What Employers Need to Know
By Adam Uzialko | February 21, 2023

Wage garnishment notices must be handled with care. Learn how to process and track garnishment, and discover resources for handling wage garnishment issues.

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Why SBA Loans Differ From Conventional Loans
By Donna Fuscaldo | February 21, 2023

While SBA and conventional loans offer low interest rates, they differ in other areas. Learn the differences between these two types of loans.

Article
Private Funding Sources for Small Businesses
By Siri Hedreen | February 21, 2023

Private funding sources can offer much-needed investment capital to any small business's balance sheet. Here's what they are and how to secure funding.