BDC Hamburger Icon

MENU

Close
BDC Logo
Search Icon
ArrowFinance

Finances

Learn how to manage your finances and get resources on financing your business needs from expert financial professionals.

Latest: Advice, Tips and Resources

Article
How to Calculate Gross and Net Pay
By Julie Ritzer Ross | November 01, 2024

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ensure your payroll is precise.

Article
What Is SUTA Tax? How Do You Calculate It?
By David Gargaro | October 23, 2024

The State Unemployment Tax Act (SUTA) is a required payroll tax employers must pay. Learn what SUTA taxes are and how to understand, set up and pay them.

Article
The 8 Cheapest Franchises to Buy in 2024
By Sean Peek | October 03, 2024

Franchises are a good way to own and run a business without having to determine what to sell or how to market it. Learn about low-cost opportunities.

Article
POS Reports Your Retail Business Should Be Using
By Donna Fuscaldo | September 30, 2024

With this guide, learn how a point-of-sale (POS) system can transform your business by increasing sales, maximizing results and reducing waste.

Article
Understanding and Utilizing Total Compensation Packages
By Patrick Proctor | September 13, 2024

Determining total employee compensation is critical to keeping employees happy and attracting top job candidates. Here is how to calculate it.

Article
How to Get Paid as a Contractor
By Karina Fabian | September 13, 2024

Cash flow is critical for construction contractors. Learn best practices for ensuring your clients pay you and tips for dealing with nonpaying customers.

Article
What is Payroll Reporting?
By Julie Thompson | September 13, 2024

Payroll reports list pay rates, hours, overtime, vacation, withholdings and more. Here's what your business needs to know about payroll reporting.

Article
How to Conduct a Payroll Audit
By Max Freedman | September 13, 2024

Payroll audits can be beneficial to your business. Learn how to conduct one with this step-by-step guide and get software recommendations.

Article
Overhead Cost and How to Calculate It
By Dock David Treece | September 13, 2024

Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.

Article
How to File Employee Payroll Taxes
By David Gargaro | September 11, 2024

This guide to filing payroll taxes can help any business with employees manage their payroll and meet their tax obligations.

Article
A Guide to Payroll Forms
By Simone Johnson | September 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
Which Business Credit Card Fees Are Tax-Deductible?
By Dock David Treece | September 03, 2024

Businesses can deduct credit card annual fees and other fees as business expenses. Learn how to deduct business credit card fees on your taxes correctly.

Article
Unique Ways Small Businesses Can Increase Cash Flow
By Mark Fairlie | August 21, 2024

Looking to increase your small business's cash flow? Follow these tips to make sure you have enough liquid capital to keep growing.

Article
How the Self-Employed Can Make Roth IRA Contributions
By Jennifer Dublino | August 21, 2024

This guide explains how self-employed people can make Roth IRA contributions to save for their retirement.

Article
How Business Debt Consolidation Works
By Julie Thompson | July 30, 2024

Learn who should consider debt consolidation and what you need to know before deciding whether business debt consolidation is right for you.

Article
What Small Business Owners Should Know About Direct Deposit
By Simone Johnson | July 23, 2024

Direct deposit is popular among large employers, but what options exist for small businesses? Learn more about direct deposit, including the pros and cons.

Article
How to Do Payroll for a Small Business
By Matt D’Angelo | July 09, 2024

Learn how to run payroll for your small business's employees.

Man using a calculator for finances
Article
In Pursuit of Profit: Applications and Uses of a Break-Even Analysis
By Simone Johnson | June 11, 2024

A break-even analysis helps you identify how much your business must sell to recoup costs. Learn how to use it to make smart decisions for your business.

person doing taxes
Article
Why Small Business Owners Should Think About Taxes Year-Round
By Sean Peek | May 09, 2024

Learn how to tackle taxes more effectively and get bigger deductions by folding tax plans into your overall business strategy.

Article
10 Ways to Reduce Operational Costs for Your Small Business
By Jennifer Dublino | May 02, 2024

Because small businesses operate on tight margins, sustaining a healthy profit is critical. Learn how to increase revenue and reduce expenses. 

Article
Medical Billing Process Step by Step
By Max Freedman | May 01, 2024

The medical billing process can be complicated. Follow this step-by-step process to ensure you do it correctly.

Article
What to Do if You’re Behind on Your Taxes
By Jennifer Dublino | March 14, 2024

Getting behind on your taxes can result in penalties, including liens and levies on your business. Here's what to do if you're past due.

Article
What Are Payroll Liabilities?
By Julie Thompson | March 12, 2024

Payroll liabilities are payroll-related fees your company owes. Learn payroll liability types, how they differ from payroll expenses, and how to pay them.

person punching numbers on a calculator
Article
Guide to Employer Payroll Taxes
By Julie Thompson | March 12, 2024

Understanding payroll taxes and deductions is critical for business owners. Learn how payroll taxes work and how to calculate payroll taxes.