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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.

Latest: Advice, Tips and Resources

Article
Yes, You Can Make a Digital Transformation Right Now. Here's How.
By Jeff Mazur | September 11, 2020

By reanalyzing your workforce, setting clear goals, encouraging adaptability, and focusing on data accessibility and availability, you can launch and sustain a quick-moving digital transformation.

Advice
How do I get funding for a business startup?
By Onke Makalima | 6 Answers | Last Activity on September 11, 2020

I want to sell purified water to supermarkets and garages. Also sell to walk ins but I do not have capital. I will also supply functions

Advice
What specific lending options should I consider to purchase an established small business?
By Daniel Morrill | 4 Answers | Last Activity on September 11, 2020

I have worked for a successful small gym for ~10 years. The founder has expressed interest in selling, and I'd like to take a real shot at acquiring it. I know the ins and outs of running the place,...

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Article
Making a Difference: What You Should Know About Nonprofits
By Chris Porteous | September 10, 2020

Should you start your business as a for profit or nonprofit? Learn which business model works best for you.

Article
Trademark Basics: How to Submit a Trademark
By Max Freedman | September 09, 2020

Learn about the subtle differences between trademarks and copyrights.

Advice
What is the marketing ideas/trend for Mobile App Development Services?
By Sonima Floges | 8 Answers | Last Activity on September 09, 2020

Hi, I'm running a software company, delivers mobile and web applications. I would like to expand my business and planning to start marketing our services globally (specially in US). Our...

Article
Mandatory Sick Leave Laws and How They Work
By Marisa Sanfilippo | September 09, 2020

Depending on the state you operate in, you may be required to provide paid sick leave for your employees.

Article
Overtime Pay Laws, How Overtime Works and How to Calculate Overtime
By Marisa Sanfilippo | September 09, 2020

If you aren't paying eligible employees for the overtime hours they work, you may end up facing fines or even legal action.

Advice
What are the advantages and disadvantages of working in a co-work space versus renting an office?
By Lynn Kretschmer | 9 Answers | Last Activity on September 09, 2020

I'm getting stircrazy in my home office and am ready to leave the house. Should I work in a co-work space or should I rent out an office? What are the advantages/disadvantages of each?

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Article
7 Highly Effective Ways to Build an Online Community for Your Business
By Max Freedman | September 08, 2020

For your business to fully succeed, you need to build a vibrant community that you can tap into for engagement.

Article
7 Provisions Your Sales Representative Agreement Should Have
By Daliah Saper | September 03, 2020

If you create a sales representative agreement, make sure these seven elements are included.

Article
5 Steps to Successfully Transition From Pro Athlete to Entrepreneur
By Dominic Blanco | September 02, 2020

Learn what one former pro athlete recommends to other athletes considering venturing into entrepreneurship.

Advice
What business should I start to develop my Rural area ?
By Junu Karki | 3 Answers | Last Activity on September 02, 2020

I want to do some business in my own country ,Nepal.I am from rural area and want to create employment opportunity for rural people and for my self.what business should I do?

Article
A Pathway to Reopening During COVID-19
By Matthew Loughran | September 01, 2020

Follow these steps for a safe and sustainable reopening.

Article
Should an Entrepreneur Act as a Registered Agent?
By Deborah Sweeney | September 01, 2020

What is a registered agent, and what do entrepreneurs need to know about acting as the point of contact between the state and their business?

Article
Avoiding Wrongful Termination Lawsuits, Fines and Damage to Your Business
By Marisa Sanfilippo | September 01, 2020

Firing employees for the wrong reason could result in lengthy and costly lawsuits.

Advice
How do BPO companies get inbound projects from major clients?
By Phani Indra | 8 Answers | Last Activity on August 31, 2020

I have been working in the call center vertical for the past few years with different companies. Now am working with a company call Knoah Solutions. How do BPO companies get projects from large...

Advice
Where can I get a free or very affordable online signature service?
By Larry Launstein Jr | 15 Answers | Last Activity on August 30, 2020

I'm trying to find an online signature service that will do the job, either free or very affordable. Does anybody have any idea of where I can find such a thing? Looks like I'll have to have...

Advice
How should you format and write a rate increase letter?
By Amy King | 14 Answers | Last Activity on August 28, 2020

I am a legal billing coordinator running my business as an independent contractor. I currently have four separate law firms that I do monthly billing for. I am trying to come up with a way to...

Article
Creating a Culture of Innovation: How To Align Your Innovation Strategy With Your Business Goals
By Michael Ellenby | August 28, 2020

Reward only comes when you take a risk and dive in.

Advice
Are you running a business or the business is running you?
By JC Quek | 9 Answers | Last Activity on August 26, 2020

nothing new about this question ... it just like other questions such as "live to eat or eat to live". But I think interesting to ask. When you run a business, this means you control the...

Advice
Can I start an online business without having an office?
By Pradeep Kumar Jha | 8 Answers | Last Activity on August 26, 2020

I want to start an interior design consultancy and service business. I have friends who are experts in interior design and I want to take the orders, and then give them to my friends to fulfill. I am...

Advice
I invested in my friend's company but now I want out and they say I can't get my investment back. Is that true?
By Tiffany Saleem | 4 Answers | Last Activity on August 26, 2020

Hello, I invested and bought 2 shares in my friend's company and became a partner in a mortgage loan company. I was supposed to get certified as a loan officer and start processing loans but due to...

Advice
How do I legally create an "umbrella" company that has several different types of businesses under it? Do I incorporate, use dba's, etc.?
By Sherri Jones | 30 Answers | Last Activity on August 25, 2020

Instead of creating several LLC's is it possible to have one umbrella company such as "Company ABC" that has "House of Lights", "Marketing For You", and "Life Coach XYZ" under it? This way only one...

Article
Form 7004: Business Tax Extensions Explained
By Skye Schooley | August 25, 2020

Corporations and partnerships can use Form 7004 to get more time to file their business tax returns.

Advice
Is a business coach worth the investment?
By Kate Strickler | 41 Answers | Last Activity on August 25, 2020

I think a business coach might be valuable to help me stay focused on my goals and accomplish more to move my business forward. However, with limited funds, I could also use that money to hire...

Article
How Are American Small Businesses Really Doing?
By Joy Gendusa | August 24, 2020

Recently, I surveyed my small business owner clientele to see how they were faring through the pandemic. Here are some takeaways – and surprises – based on their answers.

Article
How Thinking Like a Founder Can Help Intrapreneurs Achieve Success
By Stephany Lapierre | August 24, 2020

There are a few characteristics and skills that can be adopted to help intrapreneurs in the corporate world looking to enact change.

Advice
What are the most important things to consider when setting up a job/recruitment agency?
By Charles Martey | 3 Answers | Last Activity on August 23, 2020

I intend to start a recruitment agency as a sole proprietor, and I would like to know some do's and don'ts of the trade.

Article
Making Sure Your Walk Matches Your Talk
By J. Kevin McHugh | August 21, 2020

The leadership style that is the most effective at driving confidence and high performance, according to research, is servant leadership.