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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
Understanding Data Breach vs. Cyber Liability Insurance
By Kimberlee Leonard | February 22, 2024

Cyber and data breach insurance cover data breach costs, but cyber adds more protection. Learn how to choose the right insurance for your business.

Article
What Is Coinsurance in Business?
By Nicole Urbanowicz | February 21, 2024

Coinsurance for small businesses helps cover property and business assets, so the insurer knows there's adequate coverage. Here's how it works.

Article
What Is a Surety Bond?
By Mark Fairlie | February 20, 2024

Surety bonds act as a legally enforceable guarantee that help small business owners secure third-party contracts. Learn how they work.

Article
Workers’ Comp and Taxes
By Kimberlee Leonard | February 14, 2024

Workers' compensation has tax implications that every employee and business owner should understand. See our guide.

Article
Workers’ Comp Insurance: How Much Do You Need?
By Max Freedman | February 14, 2024

Too much coverage wastes money, but too little can expose your company to claims and court awards. Here is how to calculate exactly what you need.

Article
What Is Business Interruption Insurance?
By Lauren Kubiak | February 14, 2024

Business interruption insurance policies can help when unforeseen events shut down operations. Learn how business interruption insurance works and what it covers.

Article
What Is OSHA Compliance?
By Max Freedman | February 14, 2024

This guide explains OSHA and the regulations it sets for workplace safety and employee health. Learn how your small business can comply with OSHA.

woman using a laptop
Article
12 Ways to Use Slack to Be More Productive
By Mark Fairlie | February 14, 2024

Learn how to boost your productivity on Slack and get the most out of this workplace communication tool by using features such as huddles, reminders and deadlines.

Hello Alice CEO Carolyn Rodz
Article
Hello Alice CEO Carolyn Rodz On 2024’s Biggest Challenges for Small Businesses (Full Q&A)
By Maya Afilalo | February 14, 2024

Plus her reasons for optimism — and how small businesses benefit whole communities

graphic of a businessperson with an angel and a devil on their shoulders
Article
Prevent Unethical Choices by Asking Yourself These 9 Questions
By Steven Rogelberg | February 14, 2024

Listen to your conscience and these helpful hints.

Article
Rockefeller Foundation President Rajiv Shah Wants You to Make Big Bets (Full Q&A)
By Tess Barker | February 14, 2024

How to turn ambitious plans into measurable results

Office Christmas tree
Article
How Yule Want to Close the Office for a Week Off
By Jake Wengroff | February 14, 2024

To fully relax and recharge for your week off, let’s make a list and check it twice.

Lynsi Snyder book cover
Article
In-N-Out Burger President Lynsi Snyder Serves Up ‘Slow-Growth Philosophy’ (Full Q&A)
By Rob Gabriele | February 14, 2024

She took over the company at 27 and “Double-Doubled” its success.

Growth book cover
Article
“Little Business Books” Will Prep Your Kindergartner for the GMAT
By Dan Ketchum | February 14, 2024

Economic treatises for the CEO of the playground.

Article
How to Start a Clothing Store
By Dave Thomas | February 14, 2024

Clothing stores are popular businesses that appeal to varied niche audiences. Learn how to start a clothing store online or in a brick-and-mortar building.

Article
3 Tips for Building an Investor-Ready Franchise Business
By Howard Goldstein | February 14, 2024

Being a franchisee has its perks over starting a brand-new business, but you still need capital. Here are three ways to appeal to investors.

Article
Specialty Insurance Basics
By Mark Fairlie | February 14, 2024

A business needs specialty insurance for items not covered by ordinary homeowners or automobile insurance. Learn if your company needs more insurance.

Article
What Is Tail Insurance in Business?
By Kimberlee Leonard | February 09, 2024

Tail insurance is a policy endorsement that lets you file a claim after a policy's term ends. Learn how tail coverage can protect your business.

Article
What Is an Insurance Rider in Business?
By Kimberlee Leonard | February 09, 2024

While standard business insurance policies protect your business, when extra coverage is needed, you'll obtain a rider. Learn how riders work.

Article
Everything You Need to Know About 7702 Plans
By Max Freedman | February 08, 2024

A 7702 plan, also called a Section 7702 plan, is a privately issued stand-alone life insurance policy. Learn how it differs from typical retirement plans.

Article
Entrepreneurs Love These 13 Tools for Conducting Market Research
By Miranda Fraraccio | February 02, 2024

Here are the best tools for conducting market research.

Article
How Businesses Can Support Other Local Small Businesses
By Jennifer Post | January 30, 2024

You've asked your customers to buy local and you should too. Here's why your local B2B purchases have a positive ripple effect on the SMB community.

Article
Why Every Business Owner Needs an Exit Strategy
By Mark Fairlie | January 29, 2024

You don’t go into business planning to get out — but you should. Find out why an exit strategy is important and why you need two strategies.

Article
6 Key Strategies for Growing Your Construction Firm
By Jennifer Post | January 26, 2024

The future of construction looks good, especially for those in home, commercial or infrastructure. Here are six tips for success within the industry.

Article
What Is Professional Negligence?
By Kimberlee Leonard | January 23, 2024

Professional negligence is when an industry professional doesn't properly fulfill their duties, leading to damage or harm. Learn how to avoid lawsuits.

Article
What Is a Cyber Insurance Risk Assessment?
By Kimberlee Leonard | January 23, 2024

A cyber insurance risk assessment finds the systems and assets most at risk of cyberattack. Learn about cyber insurance and how risk assessments work.

Article
20 Businesses You Can Start on the Cheap
By Donna Fuscaldo | January 22, 2024

You don't need a ton of cash to launch a business. Opportunities abound to become a business owner with less than $500. See business ideas and pro tips.

Article
Why Your Business Needs Indemnity Insurance
By Mark Fairlie | January 22, 2024

A key component of an insurance policy is restitution for those who have a claim against you. Here’s how indemnity insurance provides that.

hand using a calculator and notebook
Article
What’s a Healthy Level of Business Debt?
By Matt D’Angelo | January 18, 2024

Healthy business debt is often necessary for growth. Learn how to distinguish good and bad business debt and determine a healthy debt amount to carry.

Article
What Are Insurance Endorsements?
By Nicole Urbanowicz | January 11, 2024

Insurance endorsements are a way to broaden or narrow coverage on an existing insurance policy. Here's how insurance endorsements work for your business.