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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.

Latest: Advice, Tips and Resources

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Article
Accounting Checklist: Tasks to Do Daily, Weekly and Monthly
By Vishal Sanjay | May 17, 2024

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

Article
10 Top Expense Trackers
By Sean Peek | May 17, 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
What Is the Accounting Cycle?
By Vishal Sanjay | May 16, 2024

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
Entering Bills Into QuickBooks: A Complete Guide
By Vishal Sanjay | May 16, 2024

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

Accountant using a calculator
Article
What Is Cost Accounting?
By David Gargaro | May 14, 2024

Cost accounting scrutinizes your business's expenses. Companies, such as manufacturers, use cost accounting. Learn more about this type of accounting.

Article
What Is the Expense Recognition Principle?
By Dock David Treece | May 09, 2024

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

Article
6 Confusing Things About Accepting Credit Cards
By Marci Martin | May 08, 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
What Is Cost Allocation?
By Sally Herigstad | May 02, 2024

Cost allocation is a process businesses use to identify costs. Here's everything you need to know.

Article
What Is an Accounts Payable Aging Report?
By Donna Fuscaldo | May 01, 2024

The accounts payable aging report can give you a complete view of your cash flow from one month to the next.

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 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.

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.

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.

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.

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.

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
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

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.