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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
SBA Loan Deferments: What They Are and How to Qualify
By Donna Fuscaldo | January 18, 2024

When circumstances entirely out of your control make SBA loan payments difficult, you may qualify for a payment pause known as a deferment.

Businesswoman signing a paycheck
Article
How Stagnant Real Wages Hurt Small Businesses
By Casey Conway | January 17, 2024

Find out how wage issues combined with inflation can hurt both existing businesses and would-be entrepreneurs.

Article
How Your Business Can Accept Apple Pay
By Sean Peek | January 17, 2024

Apple Pay is a convenient, secure and contactless mobile payment method. Learn how Apple Pay works and how to accept Apple Pay in your business.

Article
What Is EBITDA?
By Simone Johnson | January 17, 2024

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

Article
How to Build Business Credit
By Matt D’Angelo | January 17, 2024

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

Article
What Is a Pay Card?
By Sammi Caramela | January 16, 2024

If you're considering offering pay cards as an option for your workers, you'll want to do your research.

envelope with a paycheck
Article
Minimum Wage by State
By Max Freedman | January 16, 2024

You must pay your employees the greater of your state's hourly minimum wage or the federal minimum wage. Learn more about minimum wage laws.

Article
What Are Accounting Reports?
By Dock David Treece | January 16, 2024

Accounting reports are statements that show the financial health of a business.

Article
Filing for Bankruptcy: Information, Benefits and Disadvantages
By Chad Brooks | January 16, 2024

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

credit card processor
Article
What to Look for in Your Credit Card Processing Service Agreement
By Chad Brooks | January 16, 2024

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.

Accountant in a wheelchair working at a desk
Article
Small Business Valuation: How to Determine Your Business’s Worth
By Bennett Conlin | January 13, 2024

Accurately gauging your business's value isn't an exact science. Learn valuation methods, how to calculate your business's value and why it's important.

Article
Is On-Demand Payment the New Payroll?
By Chad Brooks | January 12, 2024

This guide to on-demand payroll explains the trend and analyzes whether it may be the right choice for your employees and business.

Article
What Is Depreciation in Business?
By Kiely Kuligowski | January 11, 2024

Depreciation can affect the value of your assets and your taxes – often for several years. Learn how depreciation works and how to track it.

Article
How to Choose a Business Debt Consolidation Loan
By Donna Fuscaldo | January 11, 2024

Learn how business debt consolidation works and how to choose the best debt consolidation loan for your business.

Article
Sales Tax for E-commerce: What Small Businesses Need to Know
By Bennett Conlin | January 09, 2024

Sales tax gets complex if you sell to customers in other states. Learn how to manage your e-commerce sales tax obligations and comply with state tax laws.

Article
How to Accept Mobile Credit Card Payments
By Bennett Conlin | January 08, 2024

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

Article
How to Run Payroll for a Nonprofit Organization
By Hannah Tayson | January 08, 2024

There are unique payroll challenges for a not-for-profit organization, such as a 501(c)(3). Here are some tips on running payroll for a nonprofit.

Article
How to Set Up a POS System
By Adam Uzialko | January 06, 2024

POS systems are necessary for any business that sells products. Here is everything you need to know about POS installation.

Article
Small Business Guide to Charitable Giving and Tax Deductions
By Bennett Conlin | January 05, 2024

Making charitable contributions through your business helps others and may also provide unique benefits. Learn how charitable giving affects your business.

Article
Private Funding Sources for Small Businesses
By Siri Hedreen | January 05, 2024

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.

Article
FIFO vs. LIFO: What Is the Difference?
By Adam Uzialko | January 05, 2024

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.

Article
The 10 Best (and Worst) States for Small Business Taxes
By Natalie Hamingson | January 03, 2024

Find out which states are best or worst for small business taxes. Our guide includes information on property, individual, sales and corporate taxes.

Server using a POS system in a restaurant
Article
How to Interpret and Learn From POS Sales Reports
By Adam Uzialko | January 03, 2024

POS systems come with various sales reports that provide a wealth of statistics for your business. Learn about POS sales reports and how to interpret them.

Article
What’s the Difference Between Accountants and Bookkeepers?
By Donna Fuscaldo | December 20, 2023

Accountants and bookkeepers are both financial professionals but perform different tasks. This article explains the differences and when to hire each one.

Article
11 Debt Collection Strategies to Implement
By Max Freedman | December 20, 2023

This guide offers tips for small businesses trying to collect debts.

Accounting doing business payroll
Article
How to Process Payroll in 8 Easy Steps
By Matt D’Angelo | December 20, 2023

Payroll processing is the procedure for paying your employees. Learn the eight steps involved and other essential payroll processing information.

Article
Get Your Business Taxes in Order Before the New Year With These Tips
By Sally Herigstad | December 15, 2023

The year's last quarter is a good time for businesses to strategize spending and expenses to prepare for tax season. Learn tips for end-of-year tax prep.

Article
Opening a Business Account When You Have Bad Credit
By Sally Herigstad | December 13, 2023

Business bank accounts are crucial for recordkeeping and professionalism. Learn how to get a business bank account even if your personal credit is poor.

Article
Why SBA Loans Differ From Conventional Loans
By Donna Fuscaldo | December 13, 2023

This guide explains how SBA loans differ from typical bank loans and how you can use them to your small business’s advantage.

Article
What’s a Balance Sheet and Why Do I Need One?
By Sally Herigstad | December 13, 2023

A balance sheet shows where your business stands at a certain point and includes assets and liabilities. Learn why balance sheets are crucial in business.