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Finances

Article
LLC: Why You Need to Create One to Protect Your Assets
BY business.com editorial staff

An LLC may be costly to start, but a lawsuit would cost more.

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.

Article
Important Tax-Saving Tips for Small Business Owners
BY business.com editorial staff

Following these eight tips can ensure a smooth, pain-free filing process this year.

Advice
How do I get factoring done ?
QUESTION | BY James Rolle | 0 ANSWERS | LAST ACTIVITY ON 04/06/20

I have a 3.25mm dollar PO with the city of New York for face masks, they will not pay until 2 days after they receive them but my supplier wants a 50% deposit and 50% upon delivery, can I get a...

Article
Money Matters: Financial Literacy for Small Businesses
BY business.com editorial staff

A surprising number of small business owners indicate that they are financially illiterate. The good news is that gaining literacy is easy.

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Advice
Which credit card company provides merchant account to high risk industry such as telecom/voip ?
QUESTION | BY Jason Carter | 0 ANSWERS | LAST ACTIVITY ON 04/04/20

We have been looking to get a merchant account for quite a while to provide credit card purchase option since the demand is very high. Our main method of payment is wire transfer because of high...

Article
What Is the Paycheck Protection Program, and How Can It Help Small Businesses During COVID-19?
BY Adam Uzialko

The Paycheck Protection Program is an element of the CARES Act, a $2 trillion stimulus package passed in March. How will it help small businesses weather the coronavirus pandemic?

Article
How Long Can Small Businesses Survive the Coronavirus-Related Disruption?
BY Andrew Martins

We asked small business owners how their businesses are faring in the wake of the coronavirus. Here's what we found out.

Article
How to Decide on Your Company's Fiscal Year
BY Catherine vanVonno

Choosing when to start your fiscal year is one of the first things you need to do when setting up a new business. It may sound like the easiest thing to do, but this small step has a big impact.

Best Pick
The Best Employee Retirement Plans of 2020
BY Lori Fairbanks

Looking for the best retirement plans? We have easy-to-read, expert unbiased reviews and feature comparisons of the best employee retirement plans.

Article
What Is Cash Flow Management?
BY Jennifer Post

Cash flow management is essential to a small business's survival. Here's how to improve your own cash flow management.

Article
Forget the Checks: 3 Reasons Why Your Construction Company Should Accept Credit Card Payments
BY business.com editorial staff

Learn about the advantages to accepting credit card payments.

Article
Social Media Strategists: How to Set Your Prices
BY business.com editorial staff

Our community asked how social media strategists should charge. We found answers.

Article
8 Reasons Why the Cash-Only Model Doesn't Work for Small Businesses
BY business.com editorial staff

Customers want options when it comes to paying. If you don't already accept credit cards, here are eight reasons you should.

Article
What the Delayed Tax Deadline Means for Your Small Business
BY Andrew Martins

As the federal government tries to deal with the coronavirus disruption, officials extended the tax filing deadline to July 15. Here's what that means for your small business.

Article
3 Ways the Government Can Help Small Businesses Through the Pandemic
BY Travis Crabtree

Small businesses need help now more than ever. Let's look at what the government has done to assist them and some suggestions for what it could do to keep these pillars of the community standing.

Article
7 Steps to Sales Success in a Shutdown
BY Ken Gosnell

Downturns can impact organizations and many different departments in those organizations, but they should never impact sales activities.

Advice
How may I revise a business purchase contract after the due-diligence period?
QUESTION | BY Andrea Couture | 1 ANSWERS | LAST ACTIVITY ON 03/28/20

The broker is representing both parties. Lately, I have seen comparable companies for sale much cheaper versus the sales revenu.

Article
4 Common Payroll Issues and How to Avoid Them
BY business.com editorial staff

Handling payroll, even with the help of a payroll service, can still be complex.