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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
What a Bill of Materials Is and Why You Need One
By Sean Peek | January 11, 2024

Whether you are making a toy or a rocket, a BOM helps you accurately manage and oversee resources and identify materials to reduce wasteful spending.

Article
Is it Better to Buy or Lease a Car for Business?
By Max Freedman | January 11, 2024

Should you buy or lease the company car? Here are the pros and cons of each to help you weigh which is best for your needs.

Article
Guide to the Workers’ Compensation Claim Process
By Max Freedman | January 09, 2024

Business owners should ensure their employees understand the workers' compensation claims process. Learn what's entailed and how the claims process works.

person using a calculator to do accounting
Article
Hitting the Books: A Guide to Retail Accounting
By Jill Bowers | January 05, 2024

Learn about the methods of calculating and tracking inventory that are used in retail accounting.

Article
How Virtual Reality Technology Is Changing Manufacturing
By Sean Peek | January 03, 2024

The manufacturing industry is changing as next-generation VR and AR become readily available.

Article
The Road Map to Starting a Membership Site From Scratch
By Mark Thompson | January 03, 2024

A subscription site is easy to start and can offer big rewards. Follow these steps to build a loyal member base.

Article
Insurance Deductions and Expenses for Small Businesses
By Nicole Urbanowicz | January 03, 2024

Make sure to take all the deductions possible for your business insurance expenses. Here is how to stop paying too much in taxes.

Article
10 Successful Businesses You Didn’t Know Were Run by Women
By Jennifer Dublino | January 03, 2024

Female entrepreneurs own 42 percent of American firms. Check out this list of women-led companies and some great resources for small business owners.

woman working from home on a laptop
Article
Is the U.S. Home to the World’s Most Remote Workforce?
By Elizabeth Barton | January 03, 2024

America lags behind other countries in return-to-office rates. Instead, employees are still working from home. See the data.

People standing in line outside of a Cannabis Store
Article
More Lows Than Highs: Let’s Get Blunt About Starting a Cannabis Brand
By Daniel Thomas | January 03, 2024

Learn more about some key steps you must take in order to start a successful cannabis brand.

Article
Meet the Angels: Silicon Valley’s Most Well-Known Investors
By Jennifer Dublino | January 03, 2024

Silicon Valley is home to some of the most powerful investors in the nation. Check out this list of some of the most well-known investors in the Valley.

Article
Leading With Transparency Promotes Customer Loyalty
By Austin Mac Nab | January 03, 2024

Consumers value honesty, fairness, quality and service. Build buying confidence by showing your customers how trustworthy your brand is.

Article
Creating a Strong Company Culture: How to Do It Right
By Skye Schooley | January 03, 2024

Workers thrive in cultures that encourage support, personal growth and open communication. Here are some tips to achieve that culture.

Article
Why Your Small Business Needs an IT Partner
By Mark Fairlie | January 03, 2024

Find the right IT partner and your SMB can take advantage of all current and future business technology, improving service, profit and productivity.

Article
7 Things to Consider Before Starting a Restaurant
By Max Freedman | December 19, 2023

Before you launch your restaurant business, learn about important considerations, such as location, marketing and software.

Kid at a restaurant
Article
New Jersey Restaurant Bans Kids and Gets 40,000 Likes
By Antonio Ferme | December 18, 2023

The business case for peace and quiet.

Article
What Is Commercial Umbrella Insurance?
By Jennifer Dublino | December 13, 2023

A commercial umbrella insurance policy can give your business more coverage for less money. Learn if you need umbrella insurance and how to shop for it.

Article
How to Print Postcards at Home With Word Processing Software
By Max Freedman | December 12, 2023

Creating your own postcards at home is not too difficult. Here is what you need and how to do it.

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.

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
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
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
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
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
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.