Business.com is supported by commissions from providers listed on our site. Read our Editorial Guidelines.
BDC Hamburger Icon

MENU

Close
BDC Logo
Search Icon

Business Basics

A complete resource for starting, managing, and growing your business. Discover everything you need to know at business.com.

Presented by in Partnership with
Sponsor

Latest: Advice, Tips and Resources

Article
Forget the Checks: 3 Reasons Why Your Construction Company Should Accept Credit Card Payments
By Sean Peek | April 03, 2023

Customers prefer to pay construction companies with credit cards. Here are three reasons why you should consider accepting credit cards.

Article
8 Keys to Upscaling Your Business
By Asim Rais Siddiqui | March 28, 2023

Upscaling your business is a risky decision, but you can minimize those risks with a sustainable business growth strategy. Find out the dos and don'ts here.

Article
Management Theory of Elton Mayo
By Sean Peek | March 23, 2023

Australian professor George Elton Mayo’s human relations theory can help your company build more productive and effective teams.

Article
How to Be an Inspirational Leader
By Sean Peek | March 23, 2023

Want to become a more inspirational leader? Here is what you need to do.

Article
How to Boost Customer Retention
By Jennifer Dublino | March 23, 2023

Keeping your existing customers keeps costs down while helping your company grow. Learn how to make customers happy enough to keep doing business with you.

Article
Deposit Required? When to Ask Customers to Pay Upfront
By Jennifer Dublino | March 22, 2023

Upfront deposits show customers you're providing something of value. Learn when to require a deposit and six tips for collecting upfront payments.

Article
Why You Should Develop a Relationship With a Business Lawyer
By Mark Fairlie | March 22, 2023

Hiring the right business lawyer is crucial. It's also helpful to develop a strong relationship with them as your business grows. Here is what you need to know.

Article
Environmental Scanning: How CEOs Can Stay Ahead of the Curve and Beat the Competition
By Ken Gosnell | March 22, 2023

Environmental scanning is when leaders survey the landscape of competitors, customers and innovations. See how environmental scanning gives CEOs an edge.

Article
The Art of Words: How to Write the Perfect Mission Statement
By Sean Peek | March 22, 2023

Your mission statement should show your company's vision and describe how customers see your business. Here's how to create a mission statement that distinguishes you from competitors.

person texting on a smartphone
Article
Should Your Restaurant Accept Mobile Payments?
By Jamie Johnson | March 20, 2023

Mobile payments provide a fast and easy way for restaurants to receive payments, but there are pros and cons to this method. Here is what you need to know.

Article
How Businesses Are Marketing Green Innovation
By Julie Thompson | March 20, 2023

Learn how your company can improve the environment while using eco-friendly consciousness as a marketing tactic.

Article
How to Write a Company History
By Skye Schooley | March 20, 2023

A well-written company history on your website can do wonders in attracting customers to your brand. Here is how to write one.

Article
The Influence of Leadership Styles: How Givers and Takers Match Up
By Sean Peek | March 13, 2023

Workplaces are full of all types of people, including givers, takers and matchers. Learn the pros and cons of various leadership styles.

Article
The 5 Most Popular Types of 501(c)
By Deborah Sweeney | March 06, 2023

If you plan to form a nonprofit, it's important to know about the five most common types of 501(c) groups.

Article
Management Theory of Henry Gantt
By Chad Brooks | February 21, 2023
Article
The Management Theory of Peter Drucker: Key Terms
By Chad Brooks | February 21, 2023
Article
Management Theory of Henri Fayol
By Sean Peek | February 21, 2023

Learn how small businesses can use Henri Fayol's management theory to improve management and increase efficiency.

Article
8 Branches of Business Management
By Sean Peek | February 21, 2023

Business management helps a company function and achieve goals. Here's what you need to know about each of its eight main sectors.

Article
The Dropbox Effect: How to Utilize the Lean Startup Methodology
By Sean Peek | February 21, 2023

The lean startup technique is a three-step approach designed to help companies improve their decision-making in order to reach a broader market.

Article
Never Giving Up: 9 Successful Entrepreneurs Who Failed at Least Once 
By Sean Peek | February 21, 2023

Learn how some of the most successful entrepreneurs bounced back from rejection – and how you can too.

Article
Better Than Coffee: 10 Podcasts That Will Inspire Your Mornings
By Jamie Johnson | February 21, 2023

Here are the best podcasts that business owners should listen to for daily inspiration and entrepreneurial advice.

Article
Industries That Take Full Advantage of the Subscription Business Model
By Kimberlee Leonard | February 21, 2023

See how specific industries have taken advantage of the subscription model. Learn subscription model benefits and tips for using it in your business.

Article
5 Reasons Your Business Should Have Strategic Partnerships
By Chad Brooks | February 21, 2023

Strategic partnerships have mutual benefits and can lead to long-term profits. Here are the advantages of partnering with another company and examples.

Article
Does Your Business Have a Battle Rhythm? Why You Need One
By Sean Peek | February 21, 2023

Battle rhythm is an operational knowledge management process. It is equal parts strategic routine and information processing.

Article
Choosing the Best Pricing Model for Your Business: License vs. Subscription
By Jamie Johnson | February 21, 2023

Licenses and subscriptions are popular pricing models. Learn how licenses and subscriptions work and how to choose a pricing strategy for your business.

Article
10 Ways to Reduce Shopping Cart Abandonment
By Megan Totka | February 21, 2023

Here is how you can increase online purchases with techniques that help customers finish their checkout process.

Article
How to Keep Your Business Out of Bankruptcy
By Matthew Debbage | February 21, 2023

Proper budgeting and cash flow management can help protect your business from bankruptcy. Learn the steps you can take to avoid it.

Article
How to Celebrate National Women’s Small Business Month
By Mona Bushnell | February 21, 2023

October is National Women's Small Business Month, which means it's time to celebrate women-owned businesses everywhere.