Small Business Finance Blog: MasterCard Biz Blog

When it comes to running a business, time is one of your most precious resources. Finding ways to become more efficient can greatly improve your bottom line. One of the easiest ways to improve operational efficiency is by building your digital tool belt...

Any entrepreneur interested in starting a business faces one very important early decision: purchase an existing franchise or create a new, independent business?
There’s no right answer across the board, and even for individuals, it’s possible that either option would be a success. But the decision can be better informed by considering the factors that influence it, such as personality, market conditions and...

A new year is just around the corner and the last few months of 2018 are a critical time for year-end planning and preparation. Here are a few items you should include in your end-of-year business checklist.
Maximize Your Tax Deductions
Maximizing your tax deductions before January 1 should be top of mind and top of your list. Is there a piece of business equipment or new software that you’ve been eyeing? Now is the time to make that purchase. Charitable donations can also reduce your...

As if it’s not challenging enough for small business owners to keep up with all the fast-paced changes in the retail industry, a recent Supreme Court ruling has complicated things a bit further. In June 2018, the South Dakota v. Wayfair, Inc., decision...