BND Hamburger Icon

MENU

Close
BND Logo
Search Icon

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

See All Latest
Article
How Small Businesses Are Affected by Minimum Wage
By Adam Uzialko | November 20, 2023

Minimum wage increases affect small businesses. Learn about state and local minimum wage laws and what small businesses need to know to plan and adapt.

pair of hands swiping a credit card on a reader
Article
Still Not Accepting EMV Chip Cards? Why You Need to Switch
By Paula Fernandes | November 20, 2023

EMV chip cards help prevent fraud and allow customers to pay easily. Learn why you might want to accept this form of in-person card payment.

Article
What Is Inflation?
By Rebecca Neubauer | November 20, 2023

Learn about the types of inflation, the history of inflation in the U.S., inflation's impact on interest rates and how to protect your business from the effects of inflation.

Article
What Is Meta Pay?
By Max Freedman | November 20, 2023

Meta Pay, formerly Facebook Pay, is a secure digital wallet payment form. Learn how to get started with Meta Pay and how it can help your business.

Accountant using a calculator
Article
What Is a Revolving Line of Credit?
By Dock David Treece | November 20, 2023

A revolving line of credit lets businesses borrow against a set amount. Learn how revolving lines of credit work, their types, and their pros and cons.

Article
Should You Get an Unsecured Business Loan for Your Small Business?
By Sally Herigstad | November 20, 2023

Getting small business funding without collateral is challenging. An unsecured business loan is an option, but interest rates and risks are factors.

Accountant doing payroll
Article
What Is a Lien?
By Simone Johnson | November 20, 2023

A lien gives a lender the right to your property or assets if you fail to repay a loan. Learn how liens can help your business and how to get rid of them.

Article
What Is a Per Diem?
By Nicole Fallon | November 15, 2023

A per diem is a daily stipend an employer provides to cover employee expenses. A per diem employee works with a company on a daily basis at a set rate.

Article
Should You Audit Your Bookkeeper?
By Linda Pophal | November 08, 2023

Conducting random audits of your bookkeeper and finances can ensure your books are balanced and your bookkeeper is following proper protocol. Learn how.

Article
Getting Audited? How to Handle It Like a Pro
By Siri Hedreen | November 08, 2023

Here’s everything small business owners need to know about being audited by the Internal Revenue Service.

Article
What Is a Recession?
By Ross Mudrick | November 08, 2023

A recession can harm your business, but you can prepare for it. Here’s how to set yours up to weather this economic storm.

Article
Commercial Real Estate Loan Guide
By Dock David Treece | November 08, 2023

Learn how to qualify for a commercial real estate loan, find out the different types and get answers to frequently asked questions.

Article
What Businesses Need to Know About Venmo
By Mona Bushnell | November 08, 2023

Venmo can be a secure way to simplify online transactions for you and your customers. Find out how Venmo works and how to set it up in our guide and FAQs.

Businesswoman signing a paycheck
Article
What Are Withholding Allowances?
By Max Freedman | November 06, 2023

This guide explains withholding allowances, how they work, and what an employer’s obligations are when conducting payroll.

Businessperson signing a paycheck
Article
How to Offer Payroll Advances
By Julie Thompson | November 03, 2023

Payroll advances can help relieve financial stress for employees, boosting their productivity, engagement and loyalty. Learn how payroll advances work.

Article
How to Fill Out and File an HCFA Form
By Max Freedman | November 02, 2023

This guide explains the importance of the form HCFA and how to fill it out for your medical practice.

Article
What Is Skip Tracing In Debt Collection?
By Max Freedman | October 26, 2023

Skip tracing can help you find someone who is trying to avoid paying a debt owed to your business. Here’s what it is and when to employ it.

Article
Medical Billing and Collection Tips From the Pros
By Paula Fernandes | October 26, 2023

Experts share their advice, from the obvious to the unexpected. Plus, find the best medical billing software.

Article
What Is Forecasting And Why Do Small Businesses Need It?
By Donna Fuscaldo | October 26, 2023

Small business forecasting is an important part of running a company, helping you plan ahead for your business’s finances.

Article
What Small Businesses Need to Know About FICA Tax
By Donna Fuscaldo | October 26, 2023

FICA is the federal income tax that funds Social Security and Medicare. Here’s how to properly calculate and pay these taxes.

Doctor signing a form
Article
The Benefits of EFT and ERA in Medical Billing
By Max Freedman | October 25, 2023

ERA is a HIPAA-compliant electronic substitute for paper-based EOBs. An ERA includes the same information as an EOB, but it's faster to generate.

Article
Small Business Loan vs. Cash Advance: What’s the Difference?
By Mark Henricks | October 24, 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
7 Smart Budgeting Tips for Small Business Owners
By Sammi Caramela | October 24, 2023

This guide offers budgeting tips for small business owners who want to better manage the finances of their business.

Accountant working at a desk
Article
Outstanding Invoices? What to Do When Customers Won’t Pay Their Bill
By Max Freedman | October 24, 2023

Are your customers refusing to pay their outstanding balance? Here's what you can do when a customer won't pay their bill.

Article
Accounts Payable: A Crucial Guide for Your Business
By Leslie Pankowski | October 24, 2023

Accounts payable are bills a company must pay. Learn about the accounts payable process and how to handle this crucial component of your business finances.

Article
Small Business Taxes: What to Expect in 2024
By Sally Herigstad | October 24, 2023

This article includes the most up-to-date tax rules small business owners need to know for the current year.

Article
5 Tax Changes Small Business Owners Need to Prepare For
By Sally Herigstad | October 24, 2023

Tax changes for the 2024 tax year may affect you and your business. Learn about key tax issues and tips for getting ready for tax season.

Article
8 Tax Season Preparation Steps
By Sally Herigstad | October 24, 2023

April 15 approaches quickly, and many day-to-day decisions significantly impact your tax obligation. Follow these eight steps to stay on top of taxes.

Article
Using Revenue-Based Financing to Grow Your Business
By Sandra Mardenfeld | October 24, 2023

Revenue-based financing can help businesses find capital without incurring interest or losing equity. Learn the pros and cons of revenue-based financing.

VPN
Article
What Small Businesses Should Know About Cryptocurrency
By Adam Uzialko | October 24, 2023

Cryptocurrency can lower transaction fees but introduce security concerns. Learn the benefits and risks of accepting cryptocurrency at your small business.