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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

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Article
Is Your SBA Loan in Default? Forgiveness Is Possible
By Jason Milleisen | November 02, 2023

Defaulting on an SBA loan is serious; you can face bank levies, wage garnishment and foreclosure. But some cases allow forgiveness. Learn if you qualify.

Article
Financing Your Retail Store
By Julie Thompson | November 02, 2023

Most entrepreneurs turn to small business loans when seeking startup cash, but there are other ways to raise working capital for a store. Learn more here.

Article
Types of Fast Business Loans
By Max Freedman | November 02, 2023

Find out which fast lending methods you can choose from when you need a business loan and what you need in order to apply.

Article
What Happens if You Can’t Repay Your SBA Loan?
By Donna Fuscaldo | November 02, 2023

Learn what happens when you can't pay back your small business loan from the SBA.

Article
What to Do if You Can’t Get a Business Loan
By Donna Fuscaldo | November 01, 2023

Here's what to do if you can't get a business loan, and why being turned away isn't the end of the world.

Article
How to Calculate Gross and Net Pay
By Julie Ritzer Ross | November 01, 2023

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ensure your payroll is precise.

Article
How to Apply for a Business Credit Card if You Have Bad Credit
By Donna Fuscaldo | November 01, 2023

Qualifying for a business credit card with bad credit is hard but not impossible. Learn about card options if you have bad credit, such as secured cards.

Article
Everything to Know About Business Checking Account Fees
By Donna Fuscaldo | November 01, 2023

Here's a look at the business checking account fees you could face and how to avoid them.

Article
Before the Business Loan: Questions That Must Be Asked
By Donna Fuscaldo | November 01, 2023

Here's a look at seven questions lenders ask small business borrowers and the reason for each one.

Article
Small Business Guide to Alternative Lending
By Donna Fuscaldo | November 01, 2023

Alternative lenders offer more flexible terms and faster approval and funding than traditional banks. Discover more about alternative loans.

Article
What Is an Audited Financial Statement?
By Max Freedman | October 30, 2023

Learn what an audited financial statement is, why your business might need one, and how unaudited accounting reports differ.

Article
10 Critical Elements of Professional Invoices
By Megan Totka | October 30, 2023

Invoicing is crucial for small business cash flow. Learn how to create an effective professional invoice that increases the likelihood of timely payments.

Article
Which Government Loans Are Available to Entrepreneurs?
By Adam Uzialko | October 30, 2023

Need a small business loan with low interest rates? Learn about the government loans available to entrepreneurs.

Article
How to Get Paid as a Contractor
By Karina Fabian | October 30, 2023

Cash flow is critical for construction contractors. Learn best practices for ensuring your clients pay you and tips for dealing with nonpaying customers.

Article
Business Loans You Can Get With Bad Credit
By Donna Fuscaldo | October 30, 2023

Business loans can be difficult to secure if you have bad credit. Here are financing options for businesses with poor credit history.

Article
How to Budget for Hourly Employees Annually
By Julie Thompson | October 25, 2023

Many businesses hire hourly employees with varying hours. Learn how to determine and calculate the average cost of an hourly employee to your business.

Article
1099-MISC vs. 1099-NEC
By Julie Thompson | October 25, 2023

How do 1099-MISC and 1099-NEC tax forms differ? Learn the differences between 1099-MISC and 1099-NEC, which affect independent contractors and freelancers.

Article
What Is SUTA Tax? How Do You Calculate It?
By David Gargaro | October 23, 2023

The State Unemployment Tax Act (SUTA) is a required payroll tax employers must pay. Learn what SUTA taxes are and how to understand, set up and pay them.

Article
Using Form 941 to Pay Quarterly Payroll Taxes
By David Gargaro | October 23, 2023

Businesses must file Form 941 quarterly to report the total taxes withheld from employees' paychecks. Here's everything you need to know about Form 941.

person opening a paycheck
Article
What Is a Discretionary Bonus?
By David Gargaro | October 13, 2023

Learn about discretionary bonuses and their regulatory and tax implications, as well as the bonus structures that best avoid triggering additional taxes.

Gusto logo
Review
Gusto Payroll Software Review and Pricing
By Jessica Elliott | October 11, 2023

Gusto helps small businesses manage payroll and HR processes. Explore its features, usability and limitations in our Gusto review.

Article
How to Calculate Blended Overtime Pay
By Max Freedman | October 11, 2023

When a multiwage employee works overtime, which of their wage rates do you base their overtime rates? Blended overtime pay answers this question.

Article
Overhead Cost and How to Calculate It
By Dock David Treece | October 11, 2023

Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.

Review
Biz2Credit Review and Rates
By Mike Berner | October 05, 2023

Biz2Credit is an online marketplace for small business funding. The company connects small businesses in need of funding with lenders. It can help small businesses obtain a variety of loans,...

Article
PayPal 1099: How to Report Self-Employment Income to the IRS
By Jamie Johnson | October 05, 2023

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

Clover logo
Review
Clover POS System Review and Pricing
By Skye Schooley | October 03, 2023

Clover is an advanced POS system for businesses that require highly customizable software. You can start with the basic features, then add apps for advanced capabilities such as staff scheduling,...

Toast logo
Review
Toast POS Review and Pricing
By Skye Schooley | October 03, 2023

Toast is a top POS system with extensive restaurant features. Learn why Toast's online ordering functionality stands out in the restaurant POS system area.

Article
POS Systems for Small Construction Businesses
By Donna Fuscaldo | September 21, 2023

With a POS system installed on your phone or tablet, you can accept payments on the job, send digital receipts, and accurately record payment details.

Article
Which Business Credit Card Fees Are Tax-Deductible?
By Dock David Treece | September 15, 2023

Businesses can deduct credit card annual fees and other fees as business expenses. Learn how to deduct business credit card fees on your taxes correctly.

Review
QuickBooks Payroll Review and Pricing
By Jessica Elliott | September 14, 2023

Pay employees and contractors with Intuit QuickBooks Payroll. See why this is the best payroll solution for businesses seeking an accounting integration.