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Business Basics

A complete resource for starting, managing, and growing your business. Discover everything you need to know at business.com.

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Latest: Advice, Tips and Resources

Article
A Gamble You Can’t Afford to Lose: Finding the Right Materials for Your Product
By Steve Cartier | March 28, 2023

Learn the crucial steps to finding the best materials for your manufactured products.

Article
8 Keys to Upscaling Your Business
By Asim Rais Siddiqui | March 28, 2023

Upscaling your business is a risky decision, but you can minimize those risks with a sustainable business growth strategy. Find out the dos and don'ts here.

Article
Management Theory of Elton Mayo
By Sean Peek | March 23, 2023

Australian professor George Elton Mayo’s human relations theory can help your company build more productive and effective teams.

Article
How to Be an Inspirational Leader
By Sean Peek | March 23, 2023

Want to become a more inspirational leader? Here is what you need to do.

Happy coworkers
Article
Massages and Pets and Beer, Oh My! Creative Perks for Improved Morale
By Skye Schooley | March 23, 2023

Add these creative benefits to your employee benefits package to attract and retain staff, reduce stress and burnout, and improve company morale.

Article
How to Boost Customer Retention
By Jennifer Dublino | March 23, 2023

Keeping your existing customers keeps costs down while helping your company grow. Learn how to make customers happy enough to keep doing business with you.

Article
Differences Between an Angel Investor and a Venture Capitalist
By Will Jiang | March 22, 2023

To know which financing option is right for your business, it's important to understand the differences between angel investors and venture capitalists.

Article
Deposit Required? When to Ask Customers to Pay Upfront
By Jennifer Dublino | March 22, 2023

Upfront deposits show customers you're providing something of value. Learn when to require a deposit and six tips for collecting upfront payments.

Article
Why You Should Develop a Relationship With a Business Lawyer
By Mark Fairlie | March 22, 2023

Hiring the right business lawyer is crucial. It's also helpful to develop a strong relationship with them as your business grows. Here is what you need to know.

Businesspeople in an office
Article
Why Are So Many Companies Moving to Florida?
By Jennifer Dublino | March 22, 2023

Many established companies of all sizes have decided to make Florida their home. Learn why companies are moving to Florida and how to make the move.

Article
Why You Need to Develop Your Own Unique Product
By Jared Haw | March 22, 2023

If you sell products anyone can get, you'll never become a leader in your market. Here's how to develop unique products instead.

Article
Environmental Scanning: How CEOs Can Stay Ahead of the Curve and Beat the Competition
By Ken Gosnell | March 22, 2023

Environmental scanning is when leaders survey the landscape of competitors, customers and innovations. See how environmental scanning gives CEOs an edge.

Article
The Art of Words: How to Write the Perfect Mission Statement
By Sean Peek | March 22, 2023

Your mission statement should show your company's vision and describe how customers see your business. Here's how to create a mission statement that distinguishes you from competitors.

Article
Ahead of the Pack: 4 Ways to Keep Your Business Competitive
By Sean Peek | March 22, 2023

Follow these four strategies to beat your competitors in today's cutthroat business world.

person texting on a smartphone
Article
Should Your Restaurant Accept Mobile Payments?
By Jamie Johnson | March 20, 2023

Mobile payments provide a fast and easy way for restaurants to receive payments, but there are pros and cons to this method. Here is what you need to know.

Article
How Businesses Are Marketing Green Innovation
By Julie Thompson | March 20, 2023

Learn how your company can improve the environment while using eco-friendly consciousness as a marketing tactic.

Article
How to Write a Company History
By Skye Schooley | March 20, 2023

A well-written company history on your website can do wonders in attracting customers to your brand. Here is how to write one.

Article
Welcome to America: What Non-Residents Need to Consider When Forming a Company in the U.S.
By Sean Peek | March 20, 2023

Non-U.S. residents can form a business in the United States, but there are a few things they need to consider. Learn what with this guide.

Article
Elevating Expectations: 5 Ways Product Quality Affects Your Brand
By Sammi Caramela | March 16, 2023

Ensuring your products are high quality is crucial to your business's bottom line. Learn how to create products that meet user standards.

Article
The Influence of Leadership Styles: How Givers and Takers Match Up
By Sean Peek | March 13, 2023

Workplaces are full of all types of people, including givers, takers and matchers. Learn the pros and cons of various leadership styles.

Article
Think Like a Startup, Scale Like an Enterprise: Balancing the Best of Both
By Alex Goryachev | March 09, 2023

Both startups and enterprises must disrupt and innovate to survive. Learn how thinking like a startup and scaling like an enterprise can help ensure success.

Article
Managing Resources: ERP Industry Trends That Impact Bottom Line
By Mark Fairlie | March 06, 2023

Enterprise Resource Planning (ERP) helps businesses drive quality by recording and storing real-time business performance data. Learn ERP trends to watch.

Article
The 5 Most Popular Types of 501(c)
By Deborah Sweeney | March 06, 2023

If you plan to form a nonprofit, it's important to know about the five most common types of 501(c) groups.

accountants using computers and calculators
Article
Is Your Small Business Achieving Profitable Growth?
By Emil Abedian | March 03, 2023

Small businesses must understand if their growth is profitable. Learn about the profitability-growth relationship and achieving profitable growth.

Article
How to Create a Sustainable Business Model
By Drew Hendricks | March 01, 2023

A sustainable business model is a top priority for SMBs. Learn how to build a sustainable business that benefits customers without jeopardizing the planet.

marijuana leaves
Article
How to Successfully Launch a Legal Cannabis Business
By Adam Uzialko | February 28, 2023

Cannabis is a big business. Here is a startup guide for how you can enter this industry legally.

Article
Management Theory of Henry Gantt
By Chad Brooks | February 21, 2023
Article
The Management Theory of Peter Drucker: Key Terms
By Chad Brooks | February 21, 2023
Article
Management Theory of Henri Fayol
By Sean Peek | February 21, 2023

Learn how small businesses can use Henri Fayol's management theory to improve management and increase efficiency.

Article
8 Branches of Business Management
By Sean Peek | February 21, 2023

Business management helps a company function and achieve goals. Here's what you need to know about each of its eight main sectors.