Finances

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

As minimum wages rise and big businesses offer employees more money, how can small businesses compete?

This guide explains how revolving lines of credit work for businesses and how entrepreneurs can use them to their advantage.

This guide describes acquisition loans and how they are used to acquire business assets and entire companies.

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

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

As the baby boomer population nears retirement, a study shows that 45% aren't prepared.

This guide offers tips to help small business owners plan and save for their retirement.

Learn how to properly draft a debt collection letter and pursue debts from nonpaying customers.

This guide describes management accounting and how it is used to inform business decisions and strategies.

Expense reports are used for a variety of purposes. Here is how your business can use them.

Learn how to process payroll in QuickBooks Online with this step-by-step guide.

Understanding economic principles helps entrepreneurs see the big picture. Learn about the economic branches and applications, including the stock market.

Before you borrow against your 401(k), learn the pros and cons of this funding strategy.

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

Stagflation is a mix of increasing prices and limited economic growth, and governments can do little about it. Here's what small businesses should know.

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

If you're in need of credit card processing for your small business, you could use your iPhone. This guide explains how.

A profit and loss statement can indicate company health; it also gives banks or investors a better understanding of your business.

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

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

Good business credit helps your company grow faster. Learn how to build and maintain solid business credit.

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

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

Microfinancing is the process of giving small loans to business owners without access to traditional financial products. Learn how microfinancing works.

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

Learn how next-day payments and other quick loan options can bolster your small business's cash flow.

Community banking can be a great funding resource if national options don't fit your needs. So what does its decline mean for small businesses?

With April 15 quickly approaching, Business News Daily spoke with several tax and small business experts about some of the biggest mistakes that are made when filing taxes, what deductions shouldn't...

Tracking cost of goods sold (COGS) is an important indicator of financial health and critical for tax deductions. Here's how to calculate COGS.