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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 Handle a Business Lawsuit
By Mark Fairlie | April 19, 2024

Business owners are vulnerable to lawsuits. Learn common lawsuit types, as well as how to handle a lawsuit, deal with insurance, and protect your company.

Article
Looking for Business Insurance? 10 Questions to Ask a Prospective Broker
By Kimberlee Leonard | April 17, 2024

Business insurance is critical – and complex. Learn how to vet a reputable broker who can help you decide which risks to insure against and for how much.

Article
‘Bad’ Business Ideas That Made Bank
By Sean Peek | April 17, 2024

Does your business idea seem ridiculous on the surface? Take inspiration from these 10 businesses that found success despite starting with a "bad" idea.

Article
10 Inspiring Entrepreneurs Under 40
By Sean Peek | April 16, 2024

Check out our list of inspiring entrepreneurs under 40 who have paved the way for themselves and many others with successful businesses.

Article
RFID for Retail: Know the Pros and Cons
By Joanna Furlong | April 10, 2024

RFID (radio frequency identification) can identify and track inventory. Learn how RFID is used in retail and what you need to know to use it effectively.

Entrepreneur using a phone
Article
How to Stay Motivated to Start a Business
By Simone Johnson | April 10, 2024

What makes a good entrepreneur? Characteristics such as flexibility, control and motivation all help. Here is how to stay inspired when starting your business.

Article
How Much Does Insurance Cost for a Small Business?
By Kimberlee Leonard | April 10, 2024

Small business insurance costs depend on many factors; every policy serves a different risk-protection purpose. Learn about small business insurance costs.

busy office
Article
Small Business Statistics: The Most Interesting Data of 2024
By Mike Berner | April 10, 2024

This list of small business statistics provides a snapshot of the most important business trends

Article
Learn by Example: 7 Great Mobile-Friendly E-Commerce Websites
By Mark Fairlie | April 10, 2024

Boost your mobile website conversion rates by emulating excellent mobile-friendly e-commerce websites. Learn how to create a great mobile user experience.

business tools
Article
Fast, Good or Cheap — The Iron Triangle?
By Jamie Johnson | April 10, 2024

Trying to decide between making a product fast, good or cheap can be difficult. Here's how to accomplish all three.

Article
Things to Consider Before Presenting Your Idea to Investors
By Jennifer Dublino | April 10, 2024

Investor presentations require careful planning and organization. Learn what to consider before presenting an idea to investors and signs you're not ready.

person handing someone cash
Article
Differences Between an Angel Investor and a Venture Capitalist
By Will Jiang | April 10, 2024

To know which financing option is right for your business, it's important to understand the differences between angel investors and venture capitalists.

busy office
Article
6 Steps to Improve Your Organization’s Performance
By Jennifer Dublino | April 04, 2024

Continuous improvement is crucial for businesses. Learn the types of organizational improvements and 6 strategies for improving organizational performance.

Article
How Does a Workers’ Comp Settlement Work?
By Kimberlee Leonard | April 04, 2024

A workers' compensation settlement covers several costs incurred when an employee is injured. Learn about the workers' compensation settlement process.

Article
What Is Subrogation in Insurance?
By Mark Fairlie | April 04, 2024

Subrogation lets an insurance company recover money for insurance claims from a third party. Learn how subrogation works in various insurance types.

Article
Can You Keep a Secret? The Importance of Nondisclosure Agreements
By Kimberlee Leonard | April 04, 2024

Nondisclosure agreements (NDAs) help businesses to protect critical confidential information. Learn how NDAs work, what to consider and what to include.

Article
Pros and Cons of Monitoring Your Employees
By Simone Johnson | April 04, 2024

Employee monitoring can help improve workplace productivity, but employees may feel violated or resentful. Learn the pros and cons of monitoring employees.

Article
Small Business Guide to Energy Conservation
By Jennifer Dublino | April 04, 2024

Conserving energy can help your business save money, reduce its carbon footprint and help the environment. Learn how your business can save energy.

Article
Turn Your Genealogy Hobby Into a Side Business
By Chad Brooks | April 02, 2024

Have you ever considered starting a genealogy business? This guide will walk you through the steps of starting a home-based genealogy business.

Article
Crystal Knows All: You’re Being Profiled
By Mark Fairlie | April 01, 2024

Crystal claims it can give you accurate personality insights on customers, prospects, candidates and co-workers to help you sell more and manage better.

open plan workspace
Article
What is a Holacracy? The Holacratic Workplace
By Genia Stevens | March 22, 2024

In a holacratic workplace, there's no traditional leadership hierarchy; team members assume multiple roles. Learn if holacracy is right for your business.

Article
8 Tips to Manage Your Time as a Small Business Owner
By Jennifer Dublino | March 18, 2024

Small business owners are constantly pulled in different directions. Follow these time-management tips to maximize your effectiveness.

Article
14 Ways to Save Money on Business Insurance
By Kimberlee Leonard | March 15, 2024

You shouldn't cut corners when it comes to business insurance. Here are ways to reduce your insurance premiums without sacrificing coverage.

Article
What Is Intellectual Property Insurance?
By Kimberlee Leonard | March 14, 2024

Your business needs intellectual property insurance if you hold patents or trademarks. Learn what intellectual property insurance covers.

Article
7 Reasons Every Entrepreneur Needs a Branded Email Address
By Sean Peek | March 14, 2024

Don't use personal or generic email addresses for your startup. Learn why you need a branded email address for your business communications.

Article
What Is Commercial Liability Auto Insurance?
By Kimberlee Leonard | March 06, 2024

Commercial liability auto insurance covers the same types of liabilities as personal auto insurance, but the policy is for commercial vehicles.

Article
Should Your Restaurant Be on Grubhub?
By Sean Peek | March 05, 2024

Learn how much Grubhub really costs restaurants and what it brings to the table.

mentor consulting an intern
Article
What Is Risk in Business Insurance?
By Mark Fairlie | February 22, 2024

Insurance risk is the probability of an adverse event that causes an insurance claim. Learn how business insurance risk is assessed and how to lower it.

Article
Understanding Data Breach vs. Cyber Liability Insurance
By Kimberlee Leonard | February 22, 2024

Cyber and data breach insurance cover data breach costs, but cyber adds more protection. Learn how to choose the right insurance for your business.

Article
What Is Coinsurance in Business?
By Nicole Urbanowicz | February 21, 2024

Coinsurance for small businesses helps cover property and business assets, so the insurer knows there's adequate coverage. Here's how it works.