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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
How to Learn From Your Failures: 4 Valuable Lessons
By Thomas Griffin | November 07, 2024

Failure is inevitable as an entrepreneur, so it’s important to develop a healthy attitude about it. Here are four lessons you can learn from failing.

Article
Is Wholesale Over? The Death of the Middleman
By Jennifer Dublino | November 07, 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
The Dropbox Effect: How to Utilize the Lean Startup Methodology
By Sean Peek | November 07, 2024

The lean startup technique is a three-step approach designed to help companies improve their decision-making in order to reach a broader market.

Article
How Virtual Reality Technology Is Changing Manufacturing
By Danielle Fallon-O’Leary | November 07, 2024

The manufacturing industry is changing as next-generation VR and AR become readily available.

Article
How to Create a Sustainable Business Model
By Drew Hendricks | November 07, 2024

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

Article
What Is a Workers’ Comp Exemption?
By Kimberlee Leonard | November 07, 2024

This guide explains how workers' compensation exemptions work and to which employees these exemptions may apply.

Article
5 Simple Ways to Pinpoint Your Brand’s Target Audience
By Chris Christoff | November 06, 2024

When you start a business, you need to understand your target market at a fundamental level. Here's exactly how to identify your audience.

Article
What Is Dynamic Pricing, and How Does It Affect E-commerce?
By Jennifer Dublino | November 06, 2024

In dynamic pricing, product prices adjust in response to real-time supply and demand. Learn how dynamic pricing works and its benefits and downsides.

person using a calculator to do accounting
Article
Hitting the Books: A Guide to Retail Accounting
By Jill Bowers | November 05, 2024

Learn about the methods of calculating and tracking inventory that are used in retail accounting.

Article
Elevating Expectations: 6 Ways Product Quality Affects Your Brand
By Sammi Caramela | November 05, 2024

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

podcast equipment
Article
Favorite Business Podcasts of 2024
By Skye Schooley | November 05, 2024

Podcasts are a great way for business owners and entrepreneurs to get business advice, learn about trends, and find inspiration. Check out our favorites.

Article
Management Theory of Elton Mayo
By Sean Peek | November 05, 2024

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

Article
6 Legal Challenges for E-Commerce Businesses
By Sean Peek | November 04, 2024

These five legal challenges can make or break an e-commerce company. Learn how to avoid law and regulation problems that might hurt your small business.

Article
Forget the Checks: 5 Reasons Why Your Construction Company Should Accept Credit Card Payments
By Sean Peek | November 04, 2024

Customers prefer to pay construction companies with credit cards. Here are three reasons why you should consider accepting credit cards.

Article
The UN’s Sustainable Development Goals for Small Businesses
By Jennifer Dublino | November 04, 2024

Learn about the U.N.'s sustainable development goals, including ending poverty and hunger and how small businesses can work toward achieving them.

Article
Goodbye 9-to-5: How to Become a Full-Time Airbnb Entrepreneur
By Mark Fairlie | October 30, 2024

Find out exactly how thousands of Americans are replacing their traditional jobs and becoming full-time Airbnb hosts – so you can do it too. You'll take control of your life, earn more than you do...

Article
Expanding Distribution Channels
By Sean Peek | October 30, 2024

To boost sales and brand awareness, you should consider expanding your distribution channels. Learn more about your options.

Article
Think Like a Startup, Scale Like an Enterprise: Balancing the Best of Both Worlds
By Mark Fairlie | October 30, 2024

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.

Businesswoman on the phone
Article
Would You Make It on Shark Tank? The Importance of Scalable Business Models
By Jamie Johnson | October 30, 2024

Scalability is a crucial factor in business growth and success. Learn the components of a scalable company and how to scale your business.

Article
8 Keys to Upscaling Your Business
By Asim Rais Siddiqui | October 30, 2024

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
How to Expand Your Revenue Sources
By Mark Fairlie | October 30, 2024

The most successful businesses have several revenue sources. Learn how to increase yours.

Article
14 Tools to Track Key Performance Indicators for Your Business
By Lauren Kubiak | October 29, 2024

Key performance indicators (KPIs) measure how effective your company is at achieving its goals. Learn how to find the right tools to track your business.

accountants using computers and calculators
Article
Is Your Small Business Achieving Profitable Growth?
By Emil Abedian | October 29, 2024

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

Article
Visualizing Success: How to Set Up Effective Quarterly Goals
By Julie Thompson | October 29, 2024

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

Article
Q1 Reflections: Important Ways to Take Stock of the First Quarter
By Sean Peek | October 29, 2024

The most successful businesses set goals and review them quarterly. Find out why setting goals is important and how to evaluate your Q1 goals.

group of young adult friends sitting on a couch watching TV together
Article
TV Executive Ken Basin Explains Why Hollywood Imploded [Full Q&A]
By Antonio Ferme | October 29, 2024

The Business of Television author has a few ideas to rescue networks from their own bad decisions.

Article
Tips for Setting Better Business Goals
By Simone Johnson | October 29, 2024

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

Article
The Pros and Cons of Virtual Offices
By Jennifer Post | October 29, 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
The 7 Biggest Challenges of Starting a Business (and How to Overcome Them)
By Jennifer Dublino | October 25, 2024

Starting a business is a difficult endeavor. Learn the biggest challenges that come with entrepreneurship and how to overcome them and find success.

Article
Why You Should Develop a Relationship With a Business Lawyer
By Mark Fairlie | October 25, 2024

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.