BDC Hamburger Icon

Menu

Close
BDC Logo
Search Icon

Business Finances

Your money matters, and our Business Finances hub can help you more effectively manage it. From securing funding and tracking revenue and expenses to bolstering cash flow, these resources can help you build a sturdy foundation for your fiscal house.

Latest: Advice, Tips and Resources in Finance

Article
Which Is Better: Cash- or Accrual-Based Business Accounting?
By Sean Peek | December 05, 2024

Cash- and accrual-based business accounting are analysis methods for determining a business's financial health. Learn which is right for your business.

Article
A Guide to Payroll Forms
By Simone Johnson | December 05, 2024

Managing payroll forms is a necessary part of owning and running a business. Learn about the payroll tax and report forms business owners must understand.

Article
Financial Tracking 101: Top Implementation Practices and Best Tools
By Donna Fuscaldo | December 05, 2024

Whether you do it yourself or rely on accounting software, finance tracking is essential for small business owners.

Article
How to Reconcile a Business Bank Account
By Dock David Treece | December 04, 2024

Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.

Article
How Is a Cash Flow Statement Prepared?
By Simone Johnson | December 03, 2024

Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.

Article
How to Improve Your Accounting Skills
By Jennifer Dublino | December 03, 2024

Mathematical skills can determine financial success. Whether or not it comes naturally, here are tips to sharpen your ability.

Article
How to Apply for a Business Credit Card if You Have Bad Credit
By Donna Fuscaldo | November 27, 2024

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.

credit card processor
Article
Stripe vs Stax Comparison
By Mike Berner | November 27, 2024

Stripe and Stax are two popular credit card processors for small businesses. Here is how they compare.

Article
How to Hire the Right Accountant for Your Business
By Mike Berner | November 26, 2024

An accountant can add financial balance to your life. But how do you pick the right accountant for your business? Here are our tips.

Article
What Are Chargebacks, and How Can You Avoid Them?
By Skye Schooley | November 19, 2024

Chargebacks are issued by card issuers or banks at the request of customers. Learn what a chargeback is, how much it costs, and how you can prevent them.

Article
K-1s and How They Are Used
By Jennifer Dublino | November 18, 2024

Partnerships use schedule K-1 tax forms to avoid tax penalties by distinguishing business income and personal income.

hands punching numbers on a calculator
Article
Why Every Company Should Have a Business Savings Account
By Jamie Johnson | November 13, 2024

Learn why it makes fiscal sense for your company to have a dedicated business savings account.

Article
Everything You Need to Know About Cash Flow Statements
By Jennifer Dublino | November 12, 2024

Learn why cash flow statements are a vital part of financial tracking and many financial activities.

North Payments logo
Review
North Payments Review
By Mike Berner | November 08, 2024

North American Bancard is a credit card processor with quick setup that serves high-risk businesses. Learn about its fast approval process and features.

Merchant One logo
Review
Merchant One Review and Pricing
By Mike Berner | November 08, 2024

Merchant One is a top credit card processor with an intuitive platform. Learn why Merchant One is the best credit card processor for flexible pricing.

Article
Should Your Restaurant Accept Bitcoin?
By Mark Fairlie | November 07, 2024

Some restaurants have started accepting Bitcoin as payment. Learn the pros and cons of accepting Bitcoin in restaurants and how to get started.

Article
How to Get PPP Loan Forgiveness
By Donna Fuscaldo | November 06, 2024

The pandemic’s Paycheck Protection Program offered relief to businesses. Here is what you should know about the loan forgiveness process.

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
Credit Card Payment Processing Rules and Laws You Need to Know About
By Jennifer Dublino | November 05, 2024

Credit cards are a common way to make purchases, but businesses must abide by certain rules and regulations, including the PCI Data Security Standard.

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.

Square logo
Review
Square Review and Pricing
By Mike Berner | October 30, 2024

Square is a top credit card processor with no fees, low rates and pay-as-you-go terms. Learn why Square is the best credit card processor for startups.

Article
QuickBooks Desktop vs. Online: Which Should You Use?
By Mark Fairlie | October 30, 2024

Should you use the desktop application or web browser version of QuickBooks? Here are some important updates about this software program.

Businesswoman looking at a line chart on a computer screen
Article
What Is a Profit and Loss Statement?
By Jamie Johnson | October 30, 2024

A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to understand your business better.

person punching numbers on a calculator
Article
Revenue vs. Income: What’s the Difference?
By Dock David Treece | October 30, 2024

Learn how the relationship between revenue and income affects your business and its value.

Article
Everything to Know About Farm Equipment Loans
By Donna Fuscaldo | October 25, 2024

Farm equipment is costly, and for many in the agriculture industry, it's imperative to find affordable financing. Read our guide on farm equipment loans.

Article
A Guide to Accounting Software Features and Benefits
By Donna Fuscaldo | October 24, 2024

Here's everything you need to know about accounting software and the benefits of using it.

Clover logo
Review
Clover Credit Card Processing Review and Pricing
By Mike Berner | October 24, 2024

Clover provides POS software and hardware along with credit card processing services. Learn why Clover is our choice for the best POS credit card processor.

Article
How to Apply (and Get Approved) for a Business Loan
By Adam Uzialko | October 24, 2024

Applying for a business loan can seem like a daunting task, but following these steps can help you apply and get approved.

Article
11 Ways to Help Protect Your Company (and Customers) When You Take Payments Online
By Jennifer Dublino | October 24, 2024

Data breaches can cost a business time and money and destroy its reputation. Learn how to protect your customers and brand when accepting online payments.

person handing someone a pile of cash
Article
How to Improve Your Small Business’s Cash Flow
By Sean Peek | October 23, 2024

Cash flow is critical for businesses, so managing it is key. Here's how to improve your business's cash flow situation.