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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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Businessperson signing a paycheck
Article
How to Make a Pay Stub
By Dock David Treece | December 08, 2025
You can create pay stubs manually or use payroll software. Here's how to do it.
envelope with a paycheck
Article
How to Create a Payroll Budget
By Dock David Treece | December 08, 2025
Learn to forecast salary expenses and track the overall cost of your employees.
Accountant in a wheelchair working at a desk
Article
15 Accounting Payment Terms and How to Work With Them
By Jamie Johnson | December 08, 2025
Get your customers to pay their bills quickly by understanding these accounting payment terms and strategies.
businesswoman standing over a series of paper reports on a desk
Article
Direct Costs vs. Indirect Costs: What Are They, and How Are They Different?
By Ethan Spielman | September 29, 2025
Understanding direct costs and indirect costs is important for properly tracking your business expenses.
Accountant using a calculator
Article
What Is Bookkeeping?
By Cynthia Uzialko | November 08, 2024
Learn the basics of bookkeeping and why it’s important for your business.
Article
What Is Value-Based Healthcare?
By Max Freedman | November 08, 2024
Value-based healthcare makes for healthier patients, happier practitioners and less spending throughout the medical industry.
Accountant doing payroll
Article
What Are Payroll Deductions?
By Sammi Caramela | October 30, 2024
All business owners should know how to calculate net pay and understand payroll withholdings.
Article
Cash vs. Accrual Method of Accounting
By Dock David Treece | October 28, 2024
Understand how accrual accounting impacts your business and when to use it.
Article
When Community Banks Die: How Small Businesses Are Affected
By Matt D’Angelo | October 18, 2024
Community banking can be a great small business funding resource if national options don't fit your needs. So what does its decline mean for small businesses?
Article
How Are Bonuses Taxed?
By Max Freedman | September 11, 2024
When you are paying employee bonuses, it is important to understand how they should be taxed.
Article
How Long Could Your Business Survive on Cash Reserves?
By Sally Herigstad | September 10, 2024
If your business had a slow month or two, would it survive?
envelope with a paycheck
Article
A Guide to Bonus Depreciation
By Jamie Johnson | September 09, 2024
Not sure what bonus depreciation is or how to take it? Learn how to claim bonus depreciation for your business assets in this detailed guide.
Article
Self-Employed 401(k) Plans: Frequently Asked Questions
By Heather Larson | September 05, 2024
See our complete guide to the best retirement plan for independent workers.
businesman signing a check
Article
Accounts Receivable: What Small Businesses Need to Know
By Sally Herigstad | August 29, 2024
Accounts receivable tells you how much of your cash flow is held up in unpaid client invoices. Here's how to manage it.
coworkers at their desks in an office
Article
Is Equipment Considered an Asset?
By Julie Thompson | August 19, 2024
In your business accounting, equipment can be both an asset and a liability. Learn how to classify it properly on your balance sheet.
Article
How to Accept Mobile Credit Card Payments
By Bennett Conlin | August 13, 2024
Accepting mobile credit card payments allows your business to make sales anywhere, anytime.
Article
Private Funding Sources for Small Businesses
By Siri Hedreen | August 12, 2024
These 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.
Warehouse inventory manager
Article
What Is Overhead Rate and Why Should Your Business Be Tracking It?
By Dock David Treece | August 05, 2024
Overhead rate is a measure of a company's indirect costs relative to another input or metric. Learn how overhead rate is calculated and why it's important to track.
two business partners conversing at a desk
Article
How to Calculate Compound Interest
By Erica Sandberg | July 30, 2024
Compound interest could result in a little money becoming a lot of money over time. Here's how to calculate compound interest when saving money or taking a business loan.
Accountant working at a desk
Article
What Is the Cost Principle?
By Dock David Treece | July 30, 2024
Cost accounting makes it easy to track the value of large assets on your books. Here's how to use it in your small business.
Call center
Article
Workers’ Compensation Insurance: What SMBs Need to Know
By Katharine Paljug | July 16, 2024
What happens if one of your employees is injured on the job? Having a workers’ compensation policy is not only good practice, it’s usually a legal requirement. Learn more about workers’ compensation.
Article
What Is the Dow Jones Industrial Average?
By Donna Fuscaldo | June 27, 2024
The index shows how 30 companies have traded in the stock market.
Accountant using a calculator
Article
A Guide to Management Accounting for Businesses
By Sally Herigstad | June 21, 2024
Management accounting is specific to strategic decision-making based on company finances. Here's how to use it for your business.
Accountant using a calculator
Article
Accounts Payable vs. Accounts Receivable
By Donna Fuscaldo | June 21, 2024
Accounts payable and accounts receivable track what you owe and when you get paid. Both are vital to effective cash flow management.
Article
How to Accept Recurring Payments
By Max Freedman | June 20, 2024
Your customers and clients won’t always remember to pay on time. Learn how to accept recurring payments to counter this problem.
Article
Financial Management for Startups
By Rebecka Green | June 20, 2024
You can't neglect your startup's financial health in the crucial early stages of your business.
Accountant using a calculator
Article
Entering Bills Into QuickBooks: A Complete Guide
By Vishal Sanjay | May 16, 2024
QuickBooks has powerful features to help business owners manage bills, payables and more. Here's what you need to know to get started.
Accountant using a calculator
Article
What Is Cost Accounting?
By David Gargaro | May 14, 2024
Cost accounting helps you zero in on your expenses and understand how they apply to each aspect of your business.
Article
What Is the Expense Recognition Principle?
By Dock David Treece | May 09, 2024
Make the most of your business spending with this tried-and-true accounting rule.
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.