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Business Basics

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Latest: Advice, Tips and Resources

Article
8 Reasons Why the Cash-Only Model Doesn’t Work for Small Businesses
By Jennifer Dublino | April 10, 2024

Customers want payment options, making the cash-only model inconvenient. If your business doesn't accept credit cards, here are eight reasons you should.

Article
RFID for Retail: Know the Pros and Cons
By Joanna Furlong | April 10, 2024

RFID (radio frequency identification) can identify and track inventory. Learn how RFID is used in retail and what you need to know to use it effectively.

Article
Business Decision-Making: Gut Instinct or Hard Data?
By Sean Peek | April 10, 2024

When it comes to business, your decisions matter. But it's important to recognize whether your choices are based on intuition or emotions.

Entrepreneur using a phone
Article
How to Stay Motivated to Start a Business
By Simone Johnson | April 10, 2024

What makes a good entrepreneur? Characteristics such as flexibility, control and motivation all help. Here is how to stay inspired when starting your business.

Article
How Much Does Insurance Cost for a Small Business?
By Kimberlee Leonard | April 10, 2024

Small business insurance costs depend on many factors; every policy serves a different risk-protection purpose. Learn about small business insurance costs.

busy office
Article
Small Business Statistics: The Most Interesting Data of 2024
By Mike Berner | April 10, 2024

This list of small business statistics provides a snapshot of the most important business trends

Article
Learn by Example: 7 Great Mobile-Friendly E-Commerce Websites
By Mark Fairlie | April 10, 2024

Boost your mobile website conversion rates by emulating excellent mobile-friendly e-commerce websites. Learn how to create a great mobile user experience.

Article
Starting an Advertising Agency
By Sean Peek | April 10, 2024

If you have a background in marketing and communications, an advertising agency could be a smart startup option. Here's what you need to know.

Article
Do It for Me: The Next Evolution of the On-Demand Economy
By Jamie Johnson | April 10, 2024

Consumers want convenience, which often means they want someone to do something for them on demand. Learn how to take advantage of the DIFM movement.

Article
Visualizing Success: How to Set Up Effective Quarterly Goals
By Julie Thompson | April 10, 2024

Breaking goals into small, actionable initiatives allows your employees and clients to become more productive over shorter time frames.

Article
Digital Disrupt: What We Can All Learn From the Netflix Model
By Chad Brooks | April 10, 2024

Just as Netflix disrupted the media landscape to find success, other businesses must innovate or risk obsolescence. Learn what Netflix's path can teach us.

accountants using computers and calculators
Article
Is Your Small Business Achieving Profitable Growth?
By Emil Abedian | April 10, 2024

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

business tools
Article
Fast, Good or Cheap — The Iron Triangle?
By Jamie Johnson | April 10, 2024

Trying to decide between making a product fast, good or cheap can be difficult. Here's how to accomplish all three.

Article
Tips for Setting Better Business Goals
By Simone Johnson | April 10, 2024

Learn how to create better business goals that can help guide your company.

Article
Things to Consider Before Presenting Your Idea to Investors
By Jennifer Dublino | April 10, 2024

Investor presentations require careful planning and organization. Learn what to consider before presenting an idea to investors and signs you're not ready.

Article
Is Wholesale Over? The Death of the Middleman
By Jennifer Dublino | April 10, 2024

The internet has reduced the need for wholesalers that act as middlemen in the sales process. Learn the pros and cons of direct-to-consumer transactions.

Article
Elevating Expectations: 5 Ways Product Quality Affects Your Brand
By Sammi Caramela | April 10, 2024

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

Article
Writing a Business Growth Plan
By Jennifer Dublino | April 10, 2024

A business growth plan outlines where a company sees itself in one to two years. Learn what to include in a business growth plan and why a plan matters.

person handing someone cash
Article
Differences Between an Angel Investor and a Venture Capitalist
By Will Jiang | April 10, 2024

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

Article
Why You Need to Develop Your Own Unique Product
By Jared Haw | April 10, 2024

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

busy office
Article
6 Steps to Improve Your Organization’s Performance
By Jennifer Dublino | April 04, 2024

Continuous improvement is crucial for businesses. Learn the types of organizational improvements and 6 strategies for improving organizational performance.

Article
The Pros and Cons of Virtual Offices
By Jennifer Post | April 04, 2024

Virtual offices haven’t lost their popularity but do they have more cons than pros at this point? Here is what you need to consider.

Article
How Does a Workers’ Comp Settlement Work?
By Kimberlee Leonard | April 04, 2024

A workers' compensation settlement covers several costs incurred when an employee is injured. Learn about the workers' compensation settlement process.

marijuana leaves
Article
How to Successfully Launch a Legal Cannabis Business
By Adam Uzialko | April 04, 2024

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

Article
A Crash Course in the Business Legal Terms You Need to Know
By Mark Fairlie | April 04, 2024

From comparable worth to torts, here's the legal lingo all business owners should know.

Article
What Is Subrogation in Insurance?
By Mark Fairlie | April 04, 2024

Subrogation lets an insurance company recover money for insurance claims from a third party. Learn how subrogation works in various insurance types.

Article
Can You Keep a Secret? The Importance of Nondisclosure Agreements
By Kimberlee Leonard | April 04, 2024

Nondisclosure agreements (NDAs) help businesses to protect critical confidential information. Learn how NDAs work, what to consider and what to include.

Article
Pros and Cons of Monitoring Your Employees
By Simone Johnson | April 04, 2024

Employee monitoring can help improve workplace productivity, but employees may feel violated or resentful. Learn the pros and cons of monitoring employees.

Article
How Do Commercial Car Insurance Deductibles Work?
By Kimberlee Leonard | April 04, 2024

Commercial car insurance deductibles work just like personal auto insurance deductibles. Learn about collision and comprehensive claims deductibles.

Article
Small Business Guide to Energy Conservation
By Jennifer Dublino | April 04, 2024

Conserving energy can help your business save money, reduce its carbon footprint and help the environment. Learn how your business can save energy.