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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

Advice
Would an MBA better prepare me to start a business?
By Barbara Ciosek | 101 Answers | Last Activity on January 12, 2021

I have been debating about whether to go to business school or just start my own business. I am wondering if business school is worth the time and money. I know I would make great connections and...

Advice
What are the different types of e-commerce business models?
By karim ravi | 3 Answers | Last Activity on January 12, 2021

I am looking to start an e-commerce business. In order for me to decide what type of business I should start with and which one is best for me, I would like to know the different types of e-commerce...

Article
How You Can Apply System Thinking to Your Business
By Chris Porteous | January 11, 2021

What is system thinking, and how can it be applied to a wide range of businesses and industries without impacting their efficacy?

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Article
Top 10 Customer Support Tips to Make Your Startup Prosper
By Emily Watson | January 11, 2021

Customer support is often the most important aspect of a business.

Advice
I want to start a new electrical equipment wholesale business, what are the important steps that I should follow?
By Serge Dagher | 5 Answers | Last Activity on January 10, 2021

I started with the business plan and it is almost finished, I also own a warehouse and a place that could be changed into a showroom so I can reduce my costs. My father has been an electrician for...

Article
10 Money-Saving Strategies for Small Businesses
By Vector Moranov | January 08, 2021

Knowing how to save money when running a small business is essential if you want to be profitable or expand. Simple choices such as using certain instruments, software apps or automated tasks can...

Article
3 Tips for Building an Investor-Ready Franchise Business
By Howard Goldstein | January 08, 2021

You can do these things in advance to make your business investment-worthy.

Article
How to Start an E-commerce Business: An Easy Guide to Getting Started
By Kevin Shuler | January 07, 2021

E-commerce is growing at an unprecedented rate and is one of the most valuable industries now. This guide will inspire and guide you in starting your own e-commerce business.

Article
How Startups and SMBs Can Craft an IP Protection Strategy That Works
By Chris Porteous | January 07, 2021

Small business owners can develop a sound IP strategy when they leverage the right types of internal protections and external controls. Here are five steps to get started.

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Article
Traditional vs. Roth IRAs: What SMB Owners Must Know
By Max Freedman | January 07, 2021

Traditional IRAs are taxed when you liquidate them in retirement, while Roth IRAs are not.

Article
6 Myths About Process Improvement
By Kevin Shuler | January 06, 2021

Don't let workflow inefficiencies derail your company.

Article
The Small Business Productivity Guide: 7 Tips to Boost Your Output
By Victor Snyder | January 06, 2021

Here are seven tips to help you and your employees work more efficiently.

Article
How to Start a Business With $0 (Or Pretty Close)
By Tom Drake | January 05, 2021

Learn about what businesses you can start with limited to no startup capital.

Article
How to Start a Clothing Store
By Dave Thomas | January 05, 2021

Follow these 10 steps to start your physical or online clothing store.

Advice
What are the top benefits of outsourcing web development services to India?
By Bimal Patel | 3 Answers | Last Activity on January 05, 2021

Why is outsourcing to India growing and what are the benefits of outsourcing?

Advice
How much capital would I need to start an ecommerce business from home?
By Kevin Elias | 25 Answers | Last Activity on January 04, 2021

I recently graduated with a Business Computing degree and would now like to apply my knowledge and skills to starting my own ecommerce business from home. How much capital would I need?

Article
10 Critical Elements of Professional Invoices
By Megan Totka | January 04, 2021

A clear, thorough invoice could be the difference between your business getting paid and your invoice being ignored.

Article
Recovering Your Business Post-COVID
By Brian Wallace | December 31, 2020

With COVID-19 and lockdowns showing signs of turning the corner, here is a holistic list of business and technology solutions to help businesses find the path forward.

Article
Top Tips for Conducting an End-of-Year Review for Small Businesses
By Jared Atchison | December 31, 2020

Learn how you can create an annual review to gauge the health of your business.

Article
What Government Loans Are Available to Entrepreneurs?
By Adam Uzialko | December 31, 2020

The SBA and USDA offer loans to assist entrepreneurs and business owners who need funding.

Article
Ways to Fund Your Startup Without Losing Equity
By Janet Gershen-Siegel | December 31, 2020

Startup business owners need operating capital, but many options involve giving up ownership in the business. It doesn't have to be this way.

Article
Business Insurance 101 for 2021: Here's What You Need to Know
By Jay Bregman | December 30, 2020

In normal times, making the right choices about business insurance for a new venture can be overwhelming. In a pandemic, the stakes are even higher. So where do you start?

Article
18 Factors to Consider When Deciding Whether to Get Business Insurance
By Scott Gerber | December 30, 2020

Entrepreneurs should think through these factors first before choosing insurance.

Advice
How can I get my staff motivated and evaluated properly?
By Ekta Mishra | 14 Answers | Last Activity on December 30, 2020

Hello everyone, I am a human resource manager. I think evaluation by immediate senior management can be biased and misleading. At the same time, it's impossible for top management to oversee all...

Article
Digital Transformation for SMBs: Necessity or Utopia?
By Jaydip Parikh | December 29, 2020

Digital transformation is as crucial for SMBs as it is for large organizations.

Advice
When does it make sense to open a second location for your business?
By Carrie Dunham | 28 Answers | Last Activity on December 29, 2020

When does it make sense to open a second location for your business? What business metrics should you achieve? My business has been picking up, but I don't want to pull the trigger too early!

Article
The Top Accounting Challenges Small Businesses Face
By Alika Cooper | December 29, 2020

Small business owners face a number of challenges every day, and accounting is a big one.

Advice
How do I start an online business around business consulting?
By SAMIT MOGHE | 18 Answers | Last Activity on December 29, 2020

I have over 15 years of experience in framing, developing and retaining businesses. I want to leverage this expertise to start an online business in sales and business consulting to help others...

Advice
Where can I find a good virtual assistant?
By Maxine Jones | 17 Answers | Last Activity on December 28, 2020

Hi everyone! I've been doing a lot of research on virtual assistance and I find that it may come in handy for me and my business. Has anyone ever used this type of service? If so, is there a...

Article
How Recycling Can Help Entrepreneurs Generate Additional Profit
By Torben Lonne | December 28, 2020

Find out how to cut costs and turn trash into cash by using recycling to your advantage.