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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 Is A Profit And Loss Statement?
By Adam Uzialko | March 06, 2023

Learn the importance of accurate P&L statement reporting and how it may keep your business on the right track and sound financial footing.

Article
The Do’s and Don’ts of Sending Someone to Collections
By Max Freedman | March 02, 2023

This guide explains when you should send an account to collections and how you should handle the process.

Businessperson signing a paycheck
Article
How to Create a Biweekly Pay Schedule
By Max Freedman | March 01, 2023

A biweekly pay schedule is the most common pay frequency. Here's how your small business can implement it.

Article
What Is the Dow Jones Industrial Average?
By Donna Fuscaldo | February 28, 2023

The Dow Jones Industrial Average, or the Dow, is an index that shows how 30 companies have traded in the stock market.

Accountant using a calculator
Article
Gross vs. Net Revenue
By Dock David Treece | February 28, 2023

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

Article
Overtime Pay and What It Means for Your Workers
By Andrew Martins | February 28, 2023

If your employees are regularly working past their 40 hours a week, you are liable to pay them overtime. Find out what that means for your business.

Article
How to Turn Knowledge into Money
By Ned Smith | February 21, 2023

Joseph Hennessey, Small Business Innovation Research Adviser, explains

Article
What is NASDAQ?
By Dock David Treece | February 21, 2023

Learn all about NASDAQ, the world's second-largest, tech-heavy stock exchange.

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.

two business partners conversing at a desk
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.

Article
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.

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.

Article
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.

Article
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?

Article
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.

Article
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
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.

Accountant using a computer and a calculator at a desk
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.

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 | 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.

Article
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.

Article
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.

Article
Is On-Demand Payment the New Payroll?
By Chad Brooks | February 21, 2023

Instead of making employees wait for their regular payday, some payroll services offer flexibility. Learn about on-demand payroll.

Article
Accounting Checklist: Tasks to Do Daily, Weekly and Monthly
By Vishal Sanjay | February 21, 2023

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

Article
When Community Banks Die: How Small Businesses Are Affected
By Matt D’Angelo | February 21, 2023

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?

Article
What Happens If You Can’t Make Payroll?
By Adam Uzialko | February 21, 2023

A company should never miss payroll because the consequences can be disastrous. Here is what you can do to prevent your business from defaulting.

Article
Should You Audit Your Bookkeeper?
By Adam Uzialko | February 21, 2023

It's always a good idea to conduct random audits to ensure all your books are balanced and nothing is fishy.

Article
What Are Payroll Taxes?
By Sean Peek | February 21, 2023

Employers must withhold federal income tax plus any state or local taxes. Here's what every small business owner should know.