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Business Basics

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Latest: Advice, Tips and Resources

Article
Should Your Restaurant Accept Bitcoin?
By Mark Fairlie | November 30, 2023

Some restaurants have started accepting Bitcoin as payment. Learn the pros and cons of accepting Bitcoin in restaurants and how to get started.

Article
What Is Malpractice Insurance?
By Jennifer Dublino | November 27, 2023

Malpractice insurance can protect your business. Learn about malpractice insurance, who needs it, what types exist, how much it costs and how to get it.

Ninja turtles
Article
Why the Ninja Turtles Are a Perfect Team to Emulate in Business
By Antonio Ferme | November 16, 2023

How to form a TMNT C-Suite.

Adam Sandler Hustle movie
Article
Hustle: Why Every Hiring Team Needs a Stanley Sugarman
By Ali Saleh | November 16, 2023

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

Article
What Is Private Labeling and How Does It Work?
By Stella Morrison | November 15, 2023

You don’t always need to build your own network to create a supply chain for your product. Here are some of the pros and cons of private labeling.

Article
What Is a Pharmaceutical Wholesaler?
By Danielle Fallon-O’Leary | November 10, 2023

Pharmaceutical wholesalers purchase medications directly from manufacturers and then sell the medications to pharmacies.

Article
Business Owners’ Guide to Workers’ Compensation
By David Gargaro | November 07, 2023

If your business has employees, nearly every state requires you to have workers' compensation insurance. Learn about what it covers and how much it costs.

Article
What Is a Workers’ Comp Exemption?
By Kimberlee Leonard | November 07, 2023

This guide explains how workers' compensation exemptions work and to which employees these exemptions may apply.

Article
Do You Need Product Liability Insurance?
By David Gargaro | November 07, 2023

Product liability insurance is needed for businesses that make, sell or distribute products. Learn about what it covers and how much it costs.

Article
What Is a Loss Payee on an Insurance Claim?
By Nicole Urbanowicz | November 07, 2023

The loss payee has the first-in-line legal rights to an insurance claim payout. Here's what you need to know.

Article
What Is Cyber Insurance?
By Sean Peek | November 07, 2023

Cyber insurance can help companies notify customers about data breaches involving their personal information and can protect from cyberattack damages.

Article
5 Restaurant Employee Scams That Will Cost Your Business Big
By Mona Bushnell | November 07, 2023

Learn how five top restaurant employee-theft scams work. We'll show you how to stop losing money to employee theft and retake control of your restaurant.

Article
How to Learn From Your Failures: 4 Valuable Lessons
By Thomas Griffin | November 07, 2023

Failure is inevitable as an entrepreneur, so it’s important to develop a healthy attitude about it. Here are four lessons you can learn from failing.

Co-working space
Article
Stress and Productivity: What the Numbers Say
By Sean Peek | November 07, 2023

Whether it is related to family, health, work or school, everyone experiences stress at some time. Here is how to manage it better.

Article
From Mall Madness to Sadness: Why Shopping Centers May Soon Be Obsolete
By Jamie Johnson | November 06, 2023

Find out how to keep your mall-based business alive and how to embrace e-commerce as shopping centers decline.

Article
What Is Dynamic Pricing, and How Does It Affect E-commerce?
By Jennifer Dublino | November 06, 2023

In dynamic pricing, product prices adjust in response to real-time supply and demand. Learn how dynamic pricing works and its benefits and downsides.

Article
The UN’s Sustainable Development Goals for Small Businesses
By Jennifer Dublino | November 06, 2023

Learn about the U.N.'s sustainable development goals, including ending poverty and hunger and how small businesses can work toward achieving them.

Article
Trademark Basics: How to Submit a Trademark
By Max Freedman | November 06, 2023

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
Time to Expand? Tips for Opening Another Location
By Max Freedman | November 06, 2023

Learn how to know when it's time to expand your business, and find out what you should do to begin the process.

Article
Why You Need a SWOT Analysis for Your Business
By Kiely Kuligowski | November 06, 2023

SWOT ― which stands for “strengths, weaknesses, opportunities and threats” ― is a type of analysis that helps you develop your business strategy.

Article
Better Together: Making Magic Between Big Companies and Startups
By Alex Goryachev | November 06, 2023

Startups and enterprises can complement each other by collaborating. Learn how large and small players can overcome issues and work together.

Business owner working on a laptop
Article
Starting a Business From Home: The Ultimate Checklist
By Julie Thompson | November 06, 2023

Starting a business requires an organized approach to administrative, legal and practical tasks. Follow this checklist to start a business from home.

person ordering at a coffee shop
Article
Drip, Drip, Drip: Lessons From the Starbucks Union Movement
By Sean Peek | November 06, 2023

Here's what business owners can learn from the growth of the unionization effort among Starbucks workers.

Businesswoman walking through an airport
Article
International Business Etiquette From Around the World
By Sean Peek | November 06, 2023

Business has gone increasingly global throughout the past several decades. Understanding international business etiquette is key to your worldwide success.

Article
7 Ways to Build a Successful Construction Business
By Jennifer Dublino | November 06, 2023

Reputation is crucial to a construction business because the stakes are high. Learn how to build a successful construction company with the right tools.

Article
How to Run a Successful One-Person Business
By Bennett Conlin | November 06, 2023

You can create a successful, long-lasting one-person business, but you must overcome obstacles alone. Learn how to help your one-person business succeed.

Article
Retail or E-tail? Buying Online vs. Buying in Person
By Jennifer Dublino | November 06, 2023

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
5 Ways to Reduce Your Business’s Carbon Footprint
By Michael Wood | November 06, 2023

Find out what a carbon footprint is, how to reduce your company's environmental impact and why it matters.

Article
Protecting Your Bottom Line From Data Breaches
By Mark Fairlie | November 06, 2023

If customers can't trust you with their data, it will hurt your bottom line. Find out what you need to do to secure your business’s data.

Article
The 5 Most Important KPIs for Warehouses
By Danielle Fallon-O’Leary | November 06, 2023

Measuring the right metrics can help your business make informed decisions and maximize efficiency within its warehouse operations.