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Finance

Everything you need to know about how your business can achieve financial success.

Latest: Advice, Tips and Resources in Finance

Article
Find Out Which Credit Card Payment App for Android Works Best for You
By Adam Uzialko | February 07, 2024

If you have an Android phone, an Android credit card payment app can help you accept mobile payments. Find the best credit card payment apps for Android.

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How to Accept Credit Card Payments Using Your Phone
By Simone Johnson | February 06, 2024

Learn how to accept credit card payments from your smartphone or tablet.

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How to Process Accounts Receivable: A Step-by-Step Guide
By Jamie Johnson | February 05, 2024

Learn how the accounts receivable process works and how accounting software can streamline your business’s ability to track and collect money owed.

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How to Accept Credit Card Payments Over the Phone
By Adam Uzialko | February 05, 2024

Accepting credit cards over the phone can help boost customer convenience and satisfaction. Learn methods for taking credit card payments over the phone.

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Pricing and Costs of Tax Consultants
By Jennifer Dublino | February 02, 2024

No matter what type of taxes you need help preparing, it's crucial to choose the right business tax consultant – and one whose prices fit into your budget.

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16 Tips to Avoid a Tax Audit of Your Small Business Return
By Andrew Martins | February 02, 2024

IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the IRS and help you stay compliant.

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Financial Tracking 101: Best Implementation Practices and Best Tools
By Donna Fuscaldo | February 02, 2024

Whether you do it yourself or rely on accounting software, finance tracking is essential for small business owners.

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How to Get PPP Loan Forgiveness
By Donna Fuscaldo | February 02, 2024

The pandemic’s Paycheck Protection Program offered relief to businesses. Here is what you should know about the loan forgiveness process.

Article
Business Debt: How Much Is Too Much to Carry?
By Jamie Johnson | February 01, 2024

To start your business, you’ll need money and sometimes borrowing funds is fine. Without proper management and care, though, debt can become problematic.

Article
How to Calculate Loan Payments
By Mike Berner | February 01, 2024

When considering accepting a business loan, it's important to develop a repayment plan. Learn about the calculation formula, amortization and more.

Article
What Are the Benefits of POS Systems for Restaurants?
By Donna Fuscaldo | February 01, 2024

From tracking inventory to running promotions, restaurant POS systems bring numerous benefits. Learn about the top features of restaurant POS systems.

Article
4 Ways to Boost Your Balance Sheet
By Donna Fuscaldo | February 01, 2024

Want to improve cash flow or look good in the eyes of the bank or investors? Here's how to strengthen your balance sheet.

Article
What Is the Triple Bottom Line?
By Paula Fernandes | February 01, 2024

The triple bottom line uses a sustainability-based accounting method that prioritizes people, profit and planet. Here's how businesses utilize it.

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The Best Way to Take Payments With Your iPhone
By Jennifer Dublino | January 31, 2024

Entrepreneurs with mobile operations must be able to accept payments on the go. Learn how to accept payments via iPhone and which payment processors to use.

Article
Hidden Gotchas in Your Business Loan Repayment Terms
By Adam Uzialko | January 31, 2024

There's more to a loan than paying your monthly installment. Look for these hidden terms and fees a lender might include in a loan agreement.

Article
The Ever-Changing Landscape of Bots and Credit Card Testing
By John Canfield | January 30, 2024

Credit card testing fraud, driven by bots, is costly and damaging to SMBs and credit cardholders. Learn how to protect your business and customers.

Article
How to Know an Investor Is Offering You a Good Deal
By Adam Uzialko | January 30, 2024

Before you sell equity, make sure the capital is well worth it. Here's how to spot a good investment deal.

Article
Should You Accept Equity as Compensation?
By Max Freedman | January 29, 2024

Equity compensation is a strategy used to improve a business’s cash flow. Instead of a full salary, the employee is given a partial stake in the company.

Article
5 Things Most Small Businesses Don’t Know About Credit Card Payment Processing
By Jennifer Dublino | January 25, 2024

Credit card payment processing brings risks that can expose your small business to fines, data breaches and more. Learn what SMBs must know about payment processing.

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Common Payroll Discrepancies and How to Fix Them
By Sean Peek | January 24, 2024

These are the most important steps you can take to prevent payroll discrepancies and, if they do occur, how to fix them.

Article
Debt vs. Equity Financing
By Max Freedman | January 18, 2024

If you are considering debt or equity financing, it is important to know the pros and cons of each.

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From Collections to Repossession: A Timeline of Debt
By Kiely Kuligowski | January 18, 2024

Debt collection is the process of obtaining payment on a past-due account. Here's what to expect if you run into financial trouble.

Article
Fixed and Variable Expenses: What Do These Terms Mean?
By Sammi Caramela | January 17, 2024

Find out the definitions and see examples of fixed, variable and mixed expenses. Read on to learn how to save on these costs.

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How Is a Cash Flow Statement Prepared?
By Simone Johnson | January 05, 2024

Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.

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6 Elements of a Successful Financial Plan for a Small Business
By Jamie Johnson | January 05, 2024

Improve your chances of growth and success by covering these bases in your financial plan.

person handing someone a pile of cash
Article
How to Improve Your Small Business’s Cash Flow
By Sean Peek | January 05, 2024

Cash flow is critical for businesses, so managing it is key. Here's how to improve your business's cash flow situation.

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How to Create Payroll Journal Entries
By Max Freedman | January 05, 2024

Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other financial data.

Article
What SMBs Need to Know When Choosing a Small Business Loan
By Mike Berner | January 03, 2024

Read what experts say about obtaining funding for a small business.

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What’s the Difference Between a Grant and a Business Loan?
By Skye Schooley | January 03, 2024

Learn whether a grant or loan is better for your business, the different types of each, how to choose between them and the best loan providers.

Article
Grants for Felons
By Sean Peek | January 03, 2024

The government and nonprofits provide funds for felons who want to start a business. Here is a list of options, from grants to crowdfunding to loans.