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Business Basics

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

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Latest: Advice, Tips and Resources

Article
How to Keep Your Business Out of Bankruptcy
By Danielle Fallon-O’Leary | September 17, 2024

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

Adam Sandler Hustle movie
Article
Hustle: Why Every Hiring Team Needs a Stanley Sugarman
By Ali Saleh | September 16, 2024

Netflix’s summer basketball flick Hustle was an instant favorite among viewers and critics — and offers a business lesson.

Ninja turtles
Article
Why the Ninja Turtles Are a Perfect Team to Emulate in Business
By Antonio Ferme | September 16, 2024

How to form a TMNT C-Suite.

Article
8 Branches of Business Management
By Nicole Fallon | September 16, 2024

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

Article
Everything You Need to Know About 7702 Plans
By Max Freedman | September 13, 2024

A 7702 plan, also called a Section 7702 plan, is a privately issued stand-alone life insurance policy. Learn how it differs from typical retirement plans.

Article
Why Your Business Needs Indemnity Insurance
By Mark Fairlie | September 13, 2024

A key component of an insurance policy is restitution for those who have a claim against you. Here’s how indemnity insurance provides that.

Article
Specialty Insurance Basics
By Mark Fairlie | September 13, 2024

A business needs specialty insurance for items not covered by ordinary homeowners or automobile insurance. Learn if your company needs more insurance.

Article
Starting an Advertising Agency
By Sean Peek | September 13, 2024

If you have a background in marketing and communications, an advertising agency could be a smart startup option. Here's what you need to know.

Article
Contingency Management Theory Explained
By Chad Brooks | September 13, 2024

Fred Fiedler's contingency theory says that there are many internal and external factors that can influence the optimum organizational structure.

Article
Trademark Basics: How to Submit a Trademark
By Max Freedman | September 13, 2024

Submitting a trademark is a way to protect your intellectual property. Learn how to submit a trademark properly, how it differs from a copyright, and more.

Article
Employment Practices Liability Insurance: Why Small Businesses Need EPLI
By Jamie Johnson | September 13, 2024

Employment practices liability insurance protects your business from past or current employee lawsuits. Here’s how EPLI works.

Article
The Game of Pricing: How the Number 9 Affects Purchase Behavior
By Jennifer Dublino | September 13, 2024

Charm prices end in the number nine. Learn about charm vs. prestige pricing and how your ideal customer should dictate your pricing strategy.

online customer
Article
How to Set a Price for Your Service
By Jennifer Dublino | September 13, 2024

Setting the proper prices for your services is one of the most crucial elements of business. Learn how to set fair and accurate prices for your services.

Article
5 Steps to Remove a Shareholder
By Stella Morrison | September 11, 2024

Although removing a majority shareholder can be difficult, it is possible. Here are the steps to make the process a smooth one.

Article
What Is ERP Software and How Can It Increase Efficiency?
By Jamie Johnson | September 11, 2024

Find out how ERP software can help you efficiently manage the most important operations of your business.

Article
Open for Business: 5 Options for Setting Up an Online Store
By Jennifer Dublino | September 11, 2024

There are various ways to open an e-commerce store and start selling online. Learn your online store options and their pros and cons.

Article
Do It for Me: The Next Evolution of the On-Demand Economy
By Jamie Johnson | September 11, 2024

Consumers want convenience, which often means they want someone to do something for them on demand. Learn how to take advantage of the DIFM movement.

Article
Retail or E-tail? Buying Online vs. Buying in Person
By Jennifer Dublino | September 09, 2024

Online and in-person sales each have advantages and disadvantages. Learn how to recognize their values and maximize both strategies to meet customer needs.

Article
How to Manage Your Small Business Through a Crisis
By Mark Fairlie | September 05, 2024

Here's how you can navigate a crisis successfully and stay in business.

Article
8 Reasons Why the Cash-Only Model Doesn’t Work for Small Businesses
By Mark Fairlie | September 05, 2024

Customers want payment options, making the cash-only model inconvenient. If your business doesn't accept credit cards, here are eight reasons you should.

Article
Discover the Unique Selling Proposition of Your Business
By Shane Barker | September 04, 2024

Without a unique selling proposition, you have nothing that distinguishes your company. Learn how to create an effective USP for your business.

Article
Elevating Expectations: 5 Ways Product Quality Affects Your Brand
By Sammi Caramela | September 03, 2024

Ensuring your products are high quality is crucial to your business's bottom line. Learn how to create products that meet user standards.

Article
12 Things You Must Do Before Starting a Business
By Sean Peek | September 03, 2024

Find out what you must do before starting a business, from writing a business plan to getting the proper insurance.

Article
How to Start a Clothing Store
By Dave Thomas | September 03, 2024

Clothing stores are popular businesses that appeal to varied niche audiences. Learn how to start a clothing store online or in a brick-and-mortar building.

Article
Want to Invest in Digital Real Estate? How to Get Started
By Sean Peek | September 03, 2024

Everyone's familiar with real estate investment. It's as easy as buying a house or land to rent or sell for profit. Digital real estate works the same way.

Article
4 Simple Steps to Valuing Your Small Business
By Russell Smith | September 03, 2024

Calculating your business's value accurately is crucial if you want to sell it or seek investors. Learn four steps for calculating your business valuation.

Article
20 Businesses You Can Start on the Cheap
By Donna Fuscaldo | September 03, 2024

You don't need a ton of cash to launch a business. Opportunities abound to become a business owner with less than $500. See business ideas and pro tips.

podcast equipment
Article
Best Business Podcasts of 2024
By Skye Schooley | September 03, 2024

Podcasts are a great way for business owners and entrepreneurs to get business advice, learn about trends, and find inspiration. Check out our favorites.

Article
7 Smart Tips for Evaluating Your Outsourcing Partner
By Jennifer Dublino | August 29, 2024

Outsourcing part of your production process can boost efficiency, save money and help you focus. Learn seven tips for evaluating an outsourcing partner.

Article
Building Critical Thinking Skills to Solve Problems at Work
By Miranda Fraraccio | August 29, 2024

Critical thinking is a vital skill for an organization's success. Try following this six-step problem-solving process with your team to foster this ability.