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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
What’s the Difference Between Net Income and Profit?
By Dachondra Cason | February 27, 2024

Profit and net income are found on your company's income statement. Learn the difference between these financial terms and what they mean for your company.

Article
Credit Card Processing in High-Risk Industries
By Dachondra Cason | February 27, 2024

Is your business considered a high risk by your credit card processor? Here's how to know and what that means for you.

Article
Shopify vs. Square: Which Is Best for Your E-Commerce Business?
By Jamie Johnson | February 20, 2024

Shopify and Square are two popular POS systems for e-commerce. Learn how Shopify vs. Square compares and where each one stands out or falls short.

person punching numbers on a calculator
Article
Revenue vs. Income: What’s the Difference?
By Dock David Treece | February 16, 2024

Learn how the relationship between revenue and income affects your business and its value.

Article
A Guide to Restaurant Payment Processing
By Jennifer Dublino | February 16, 2024

Here's what you should consider before selecting a credit card processor for your restaurant.

Brilliant POS logo
Review
Brilliant POS Review
By Quinn Springett | February 14, 2024

Brilliant is a cloud-based POS system with excellent employee management features. Learn how Brilliant can track wages, hours, payroll and schedules.

Article
How to Conduct a Payroll Audit
By Max Freedman | February 14, 2024

Payroll audits can be beneficial to your business. Learn how to conduct one with this step-by-step guide and get software recommendations.

Article
What Is Retro Pay?
By Danielle Fallon-O’Leary | February 14, 2024

Retro pay is when an employer makes up the difference between wages the employee should have been paid versus what the employee received.

Article
Everything You Need to Know About Cash Flow Statements
By Jennifer Dublino | February 14, 2024

Learn why cash flow statements are a vital part of financial tracking and many financial activities.

Article
Traditional vs. Roth IRAs: What SMB Owners Must Know
By Max Freedman | February 14, 2024

SMB owners are responsible for their own nest eggs. Which retirement account should they choose? Compare the pros and cons of traditional and Roth IRAs.

Article
11 Accounting Tips All Small Businesses Should Know
By Rashan Dixon | February 14, 2024

Even if accounting isn't your forte, it's important to understand accounting basics to run your business. Learn 11 tips for small business accounting.

Article
7 Accounting Mistakes That Cost Small Businesses Significant Growth
By Jamie Johnson | February 14, 2024

Minor small business accounting errors can have a significant effect on your business's finances. Learn the most common accounting mistakes to avoid.

Article
How to Improve Your Accounting Skills
By Jennifer Dublino | February 14, 2024

Mathematical skills can determine financial success. Whether or not it comes naturally, here are tips to sharpen your ability.

Article
K-1s and How They Are Used
By Jennifer Dublino | February 14, 2024

Partnerships use schedule K-1 tax forms to avoid tax penalties by distinguishing business income and personal income.

Article
How to Reconcile a Business Bank Account
By Dock David Treece | February 14, 2024

Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.

Article
How to Hire the Right Accountant for Your Business
By Mike Berner | February 14, 2024

An accountant can add financial balance to your life. But how do you pick the right accountant for your business? Here are our tips.

Article
How to File Employee Payroll Taxes
By David Gargaro | February 14, 2024

This guide to filing payroll taxes can help any business with employees manage their payroll and meet their tax obligations.

Article
What Is GAAP? A Guide to Generally Accepted Accounting Principles
By Jamie Johnson | February 14, 2024

GAAP refers to a set of rules and standards used for financial reporting in the U.S. Learn how GAAP principles work and what they mean for your business.

Article
What Are Assets in Accounting and Business?
By Sean Peek | February 14, 2024

Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to determine an asset's value and more.

Article
How to Get the Best Credit Card Machine for Your Business
By Jennifer Dublino | February 14, 2024

You can choose from a variety of credit card machines with different capabilities and price points. Here are the best options.

Review
GoDaddy POS Review and Pricing
By Skye Schooley | February 14, 2024

GoDaddy is a powerhouse platform for e-commerce businesses. It has multiple POS plans that can be used to build websites and online stores, track sales and customer data, and accept in-person, online...

Article
What Is Credit Card Processing? The Complete Guide to Credit Card Payments
By Jennifer Dublino | February 14, 2024

Businesses accept credit cards to increase customer satisfaction and boost the bottom line. Learn everything you need to know about credit card processing.

Article
The Role of a Strong Accounting and Finance Team in Seeking Capital
By Jennifer Dublino | February 14, 2024

To achieve financial goals you might need a top-notch finance department. Learn how your company can become more competitive.

Article
5 FreshBooks Alternatives
By Dachondra Cason | February 13, 2024

While FreshBooks is popular accounting software, others might work better for your company. Learn about some alternatives.

Article
How to Do Payroll for a Small Business
By Matt D’Angelo | February 13, 2024

Learn how to run payroll for your small business's employees.

Article
The Risks Associated With a Personal Guarantee
By Jennifer Post | February 12, 2024

Many small business loans require the business owner to sign a personal guarantee. Learn about the risks of personally guaranteeing a loan.

Article
How to Accept Mobile Payments via SMS
By Jennifer Dublino | February 08, 2024

Accepting customer payments by SMS text can be quick and secure. Learn how to start accepting SMS payments and why this feature can improve your business.

Article
What Is a High-Risk Business Loan and What Industries Can It Help?
By Simone Johnson | February 08, 2024

If your company is considered too risky by traditional lenders, a high-risk business loan might offer financing options.

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.

Article
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.