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Finance

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

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Latest: Advice, Tips and Resources in Finance

Advice
How Will the Lack of Funding for the Paycheck Protection Program Affect You?
QUESTION | BY Adam Uzialko | 1 ANSWERS | LAST ACTIVITY ON 04/20/20

The SBA announced that due to funding issues it would no longer be accepting applications for loans through the Paycheck Protection Program. business.com wants to hear from community members who...

Article
Small Business COVID-19 Diaries: Part 1
BY Adam Uzialko

The Paycheck Protection Program burned through $349 billion in funding in just 13 days. Here are real stories from entrepreneurs who applied for funding.

Article
How to Apply for Government Grants
BY Derek Walter

Applying for government grants can be a confusing and lengthy process, but the end result could be a monetary award for your business. Here's how to apply for a government grant.

Article
How to Protect Your Cash Flow in Times of Crisis
BY Leslie Hassler

Follow these six steps to protect your business's cash flow in uncertain times.

Article
Fixed and Variable Expenses: How Cost Structure Determines Your Profitability
BY business.com editorial staff

Knowing the relationship between revenue and expenses is the key to understanding your business's profitability.

Article
Do You Have to Offer Severance Pay?
BY Skye Schooley

Learn what severance pay is and when you should offer it.

Article
Dollars & Sense: How to Build an Accounting System for Startups
BY business.com editorial staff

Having a robust accounting system in place right in the early stages of the business helps you build a strong foundation for your business.

Article
Funds Exhausted for the Paycheck Protection Program: What Comes Next?
BY Adam Uzialko

The Paycheck Protection Program is meant to offer economic relief to small businesses in need of funding to cover wages and salaries, but is it enough? Is more funding on the way?

Article
Time to Ban Tips? How to Figure Out What's Best for Your Restaurant
BY business.com editorial staff

Banning tipping is still controversial, but it's gaining in popularity. Is it right for your restaurant?

Article
What to Do If You're Behind on Your Taxes
BY business.com editorial staff

Don't let fear of the IRS paralyze you. Get your taxes sorted.

Article
Is It Time to Hire a CPA?
BY Max Freedman

Filing your own small business taxes may not be the best practice for you or your business.

Article
Retailers: Avoiding Transaction Risk of Keyed Payments
BY business.com editorial staff

In the majority of transactions, this risk is minor and ephemeral. However, certain transactions come with a greater degree of risk.

Advice
How should I set the prices for my new clothing brand?
QUESTION | BY Dashia Saunderlin | 12 ANSWERS | LAST ACTIVITY ON 04/13/20

I just started my own clothing called Crowns Clothing Collection that I want to sell at an affordable price for my target market. Crowns Clothing Collection is targeted towards teens and young adults...

Article
How to Increase Your Restaurant's Profit Margin
BY business.com editorial staff

You can pump up profits for your restaurant with a few tried-and-true methods paired with creative balance of costs.

Article
5 Best Construction Estimating Tools
BY business.com editorial staff

Use one of these programs to gauge the costs of your next construction project.

Article
What Is the Triple Bottom Line?
BY Paula Fernandes

The triple bottom line is a sustainability-based accounting method that focuses on people, profit and planet. Here's how it works for businesses.

Article
Buying a Retail POS System? Here's How to Choose the Right One
BY business.com editorial staff

Here's what you should look for in a modern, technologically advanced point-of-sale system for your business.

Article
Restaurant Accounting: How It's Different
BY business.com editorial staff

Restaurants have their own special accounting needs and quirks.

Article
The Future of Blockchain for Business
BY business.com editorial staff

While blockchain technology is all the rage right now, it hasn't yet hit its stride.

Advice
How is a limited liability company (LLC) taxed?
QUESTION | BY Skye Schooley | 3 ANSWERS | LAST ACTIVITY ON 04/08/20

What are the different types of taxes an LLC has to pay (e.g. income, state, federal, expenses, etc.)? What are the tax advantages of a filing taxes as an LLC, as opposed to an S-corp or C-corp?