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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
10 Ways to Get the Most Out of Your Crowdfunding Campaign
By Simone Johnson | November 10, 2020

Want to try crowdfunding your business venture? Here are 10 ways to help your campaign meet its funding goals.

Article
How Your Business Can Accept Apple Pay
By Sean Peek | November 09, 2020

Apple Pay is a secure and fast payment option that businesses can quickly implement for no extra cost.

Article
Accountant vs. Bookkeeper: What Do They Do for a Business?
By Lori Fairbanks | October 28, 2020

A DIY approach to your small business's finances might not cut it. Consider hiring a bookkeeper or an accountant to keep track of data.

Article
Should You Offer a 401(k) Plan – and to Whom?
By Julie Ritzer Ross | October 28, 2020

An employer-sponsored 401(k) retirement plan can have many benefits for both your employees and your business.

Article
What Is Fiscal Policy?
By Kiely Kuligowski | October 20, 2020

Learn what fiscal policy is, how it affects the national economy, and how it affects small businesses.

Article
Small Business Guide to Charitable Giving and Tax Deductions
By Bennett Conlin | October 19, 2020

Here's what you need to know about charitable giving and business tax deductions.

Article
Self-Employed? Everything You Need to Know About Taxes
By Julianna Lopez | October 19, 2020

Filing your taxes can be tricky when you're self-employed.

Article
How to Calculate a Prorated Salary for Employees
By Andrew Martins | October 19, 2020

You might need to prorate an employee's salary for multiple reasons. When you do, make sure you do it right, following these calculations.

Article
How Are Bonuses Taxed?
By Max Freedman | October 15, 2020

When you are paying employee bonuses, it is important to understand how they should be taxed.

Article
Overtime Pay and What It Means for Your Workers
By Andrew Martins | October 13, 2020

Learn what overtime is and how you should dole it out to your employees.

Article
How to Build Business Credit
By Matt D'Angelo | October 06, 2020

If your business is new and doesn't have a credit history, use these eight tips to start building your business credit score.

Article
What Are Withholding Allowances?
By Max Freedman | September 29, 2020

When paying employees, employers must take into account withholding allowances to know how much to deduct for income taxes.

Article
Commercial Real Estate Loan Guide
By Dock David Treece | September 11, 2020

Learn how to qualify for a commercial real estate loan.

Article
36 Small Business Deductions, From A to Z
By Julie Ritzer Ross | September 08, 2020

Is your small business taking advantage of every tax deduction it qualifies for? Here are 36 deductions that may help your business save money on taxes.

Article
FIFO vs. LIFO: What Is the Difference?
By Business News Daily | August 28, 2020

What inventory management method should you use for your business? Learn about FIFO and LIFO to help you decide.

Article
When Should You Hire a CPA?
By Lori Fairbanks | August 19, 2020

From choosing a business structure that helps you save the most money on taxes to providing advice on a major business move, there are key times when your small business needs a CPA.

Article
What a National Coin Shortage Means for Your Small Business
By Andrew Martins | August 18, 2020

America is dealing with a coin shortage due to COVID-19. Find out why and how you can help local businesses.

Review
CareCloud
By Adam Uzialko | August 13, 2020

CareCloud plugs your practice into a comprehensive platform for electronic health records (EHR), practice management and billing. Learn more about this cloud-based software application.

Review
ChartLogic
By Adam Uzialko | August 13, 2020

ChartLogic is a complete medical billing service that takes the entire revenue cycle management (RCM) process off of your practice's plate. It has experience billing for more than 80 specialties and...

Review
AdvancedMD
By Adam Uzialko | August 13, 2020

Check out, AdvancedMD, a medical practice management software that offers convenient appointment reminders, plus paperless faxing and prescribing.

Article
What Are Intangible Assets?
By Simone Johnson | August 05, 2020

Not all company assets are physical items like property or equipment. Learn what intangible assets are, how to acquire them and how to account for them on your balance sheet.

Article
What Is a Tax Audit? What Do You Do If You Get Audited?
By Simone Johnson | August 04, 2020

Understanding what a tax audit is can make them less scary. Here's what you should know if you receive an audit notice from the IRS.

Article
What Is a Lien?
By Simone Johnson | July 31, 2020

If you take out a small business loan and the lender requires collateral, they may place a lien on your assets. Here's what you should know about liens.

Article
10 Simple Ways to Cut Business Expenses
By Matt D'Angelo | July 28, 2020

Cutting business expenses is a great way to improve the bottom line without bringing in more revenue. Where can your business quickly trim the fat?

Article
How to Define Accounting for Business
By Matt D'Angelo | July 27, 2020

What is accounting? Understanding the definition of accounting and the key concepts behind it can help you manage your small business's financials.

Article
Cash Flow Management: Techniques and Tools
By Matt D'Angelo | July 24, 2020

Cash flow management is an essential skill that all business owners should possess. These techniques and tools make it easier to manage cash flow.

Article
What Is ROI?
By Simone Johnson | July 10, 2020

Here's everything you should know about return on investment and how to use it to ensure your business spending is increasing your earnings.

Article
Should You Consider Asset-Based Lending?
By Adam Uzialko | July 08, 2020

Asset-based lending refers to loans that are backed by collateral instead of based on your credit score. Here's what you need to know to tell whether asset-based lending is right for your business.

Article
How to Set Up a POS System
By Lori Fairbanks | July 08, 2020

Setting up a new tablet POS system is easy. Here's how to do it and some tips to help you get started

Article
The Sole Proprietorship Tax Guide
By Andrew Martins | June 30, 2020

As the July 15 tax deadline gets closer, it's important that you know how to file your taxes as a sole proprietor.