Lendio

APRIL 21, 2023

Minimizing Your Business Tax Burden When trying to minimize your business tax burden, it’s important to work with a tax professional to ensure that you are taking appropriate deductions and correctly following tax regulations. Tax planning is also an important part of managing a small business.

Small Businesses 96

Small Businesses Deductions Credit and Collections 96

Your Virtual Credit Manager

MARCH 4, 2025

They did not sell to small customers; just chain stores and major distributors, who in turn sold to the smaller retailers. Based on this industry outlook, there was staff performing collections and deduction resolution, but no credit function. New accounts were evaluated, but there were very few of those in any given year.

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Bad Debt Credit and Collections Accounts Receivable (AR) Collector 130

truly financial

FEBRUARY 16, 2022

O rganizing your expenses at tax time can feel like one of the most complex and frustrating parts of being a small business owner. You have to sort out which expenses are considered tax-deductible for your business’ income, and follow the proper methods for claiming them. These are tax-deductible.

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Deductions Small Businesses Credit and Collections Dashboards 52

Fundera

FEBRUARY 23, 2019

Top 11 Small Business Accounting Tips. Separate business and personal expenses. Track every business expense. There are no shortage of details to consider when you’re a small business owner. To keep moving toward your long-term goals and improve profits, follow these proven small business accounting tips.

Small Businesses 111

Small Businesses Deductions 111

Fundera

FEBRUARY 23, 2019

Top 11 Small Business Accounting Tips. Separate business and personal expenses. Track every business expense. There are no shortage of details to consider when you’re a small business owner. To keep moving toward your long-term goals and improve profits, follow these proven small business accounting tips.

Small Businesses 109

Small Businesses Deductions 109

Beyond Capital Blog

NOVEMBER 21, 2022

Taxes may not be your favorite subject, but learning about small business tax deductions could keep more capital in your business. Learn how by diving into 27 of the most common small business write-offs.

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Deductions Small Businesses 64

Due

SEPTEMBER 30, 2023

For most prospective small business owners, many of the costs of running a business are clear from the beginning of the process. Even if the equipment is owned, simply planning around these inevitable issues and subsequent costs puts small business owners in a much better position when it comes to unexpected equipment costs.

Small Businesses 119

Small Businesses Transactions Deductions Credit Scoring 119

NorthOne

MARCH 3, 2023

Tax season can be a stressful time for many small business owners. This is where tax deductions can make a big difference—and having a small business tax deductions checklist can help ensure you’re not missing out on opportunities that could be financially beneficial to your business.

Deductions 52

Deductions Small Businesses 52

Your Virtual Credit Manager

JANUARY 17, 2023

Photo by Alex Radelich on Unsplash When small businesses add customers and increase sales, their company’s Accounts Receivable (AR) will grow. it just might help them pay you sooner! Share A Case in Point A parts distributor was having difficulty with collections and high dispute volumes.

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Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Fundera

NOVEMBER 9, 2017

Business debt schedules? At least, compared to small business health insurance. Figuring out small business health insurance is notoriously one of the most difficult, complicated, frustrating, and stressful parts of running your own business. Part 1: Why Even Get Small Business Health Insurance?

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Small Businesses Insurance Companies Deductions 105

Fundera

MARCH 2, 2018

Come tax season, the nice thing about small business income taxes (yes, there’s a nice thing ) is that they’re generally fairly predictable. From an accountant’s perspective, a small business owner’s taxes follow a pattern of calculating, reporting, and paying that repeats on a set schedule. Paid vacation and sick days.

Small Businesses 98

Small Businesses Deductions Credit and Collections 98

Fundera

NOVEMBER 8, 2016

Thankfully, there are plenty of payroll services for small business trying to solve just this problem. Here’s our list of the top 52 payroll services for small business. Payroll Services for Small Business: What Should You Look For? Are their hours convenient for your business? Which is right for you?

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Small Businesses Deductions Transactions 106

Fundera

MARCH 17, 2019

From an accountant’s perspective, a small business owner’s taxes follow a pattern of calculating, reporting, and paying that repeats on a set schedule. With business income taxes, the schedule is often a series of quarterly estimated payments in combination with an annual business income tax return.

Small Businesses 98

Small Businesses Deductions Credit and Collections 98

Fundera

OCTOBER 11, 2017

Following is the ultimate small business tax preparation checklist. If you use your personal vehicle for business, deducting the standard mileage rate on your tax return is usually more beneficial than paying for actual vehicle expenses throughout the year. Preparing for tax season doesn’t have to be daunting.

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Small Businesses Deductions Transactions 89

Fundera

NOVEMBER 3, 2015

Every small business owner, at one point or another, has been in a quandary. Let’s take a look at some of the best (and newest) small business blogs on our list! Evergreen Small Business. Check out his advice on tax loopholes for small business. Business Credit Blogger. Finance Advice.

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Small Businesses Credit and Collections Deductions 111

Your Virtual Credit Manager

JANUARY 14, 2025

Learn More About Consulting Readers of Your Virtual Credit Manager can access sharply discounted business credit reports from D&B, Experian, or Equifax through our partner accredit. Learn More About Credit Reports Please share this newsletter with your small business customers.

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Bad Debt Bankruptcy Credit and Collections Accounts Receivable (AR) 130

Due

MAY 10, 2023

Did you know that over 50% of small businesses fail in the first five years? In most cases, a lack of financial freedom is the main reason these businesses fail. Small business owners face various challenges in managing their finances, from bookkeeping and accounting to tax compliance and cash flow management.

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Small Businesses Deductions 113

Fundera

NOVEMBER 4, 2017

Thankfully, there are plenty of payroll services for small business trying to solve just this problem. But what are the best payroll services for small business? We’ve figured it out and compiled a comprehensive guide to the best payroll solutions for small business owners. Which is right for you?

Small Businesses 106

Small Businesses Deductions Transactions 106

Fundera

AUGUST 16, 2017

When it comes to finances, small business owners have their work cut out for them: Not only do they need to manage their business’s finances, they have to manage their personal finances, too. And with personal and business priorities not always aligning, sometimes the task of managing both can feel like a juggling act.

Small Businesses 101

Small Businesses Credit Scoring Deductions 101

Fundera

JULY 10, 2018

Nearly every small business owner has stories to share about how they started out on shoestring and managed to survive their first years by being creative with limited cash. If you’re one of those entrepreneurs who wants to know how to grow your small business on a budget, there’s hope.

Small Businesses 88

Small Businesses Deductions 88

Lendio

AUGUST 23, 2024

Okay, so you have bad credit or little credit history and you’re trying to open a business credit card account for your small business… Plenty of successful business owners have launched their companies with bad credit. Consumer protections: Certain consumer protection laws don’t apply to small business credit cards.

Small Businesses 98

Small Businesses Credit Scoring Deductions 98

Your Virtual Credit Manager

MAY 23, 2023

If a customer regularly pays late, constantly takes payment deductions, generates a high return volume, or constantly raises disputes, your net profits will be negatively affected. Please feel free to share this newsletter with your small business customers. A high volume of payment deductions will cause profit dilution.

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Bad Debt Credit and Collections Deductions Credit Risk 49

Fundera

SEPTEMBER 13, 2016

If you’re a small business owner on the hunt for business loans , you probably know the deal with traditional banks: big banks just don’t lend to small businesses. More than 80% of banks reported that they tightened their lending standards for small businesses after the recession. That’s partly true.

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Small Businesses Credit Scoring Credit and Collections Credit Card Payments 104

Lendio

FEBRUARY 28, 2024

It’s time to close the funding gap and open more women-owned small businesses. As of 2020, there were more than 13 million women-owned businesses (including sole proprietorships and employer firms). Women can start any small business they want—including full-time or side businesses, franchises , and home-based businesses.

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Small Businesses Cybersecurity Deductions 98

Fundera

NOVEMBER 25, 2017

Hiring a person or a team of people to work with you on keeping diligent financial records, filing taxes, applying for loans, and planning for the long term is one of the best decisions you can make as a small business owner. Figuring out which expenses are tax-deductible—your car? Setting up your business.

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Small Businesses Deductions Accounting Firms Transactions 108

Fundera

OCTOBER 20, 2019

How to Manage Small Business Finances in 5 Comprehensive Steps. Choose a business bank account and separate your personal and business finances. Organize your business finances by using accounting software and hiring a professional. Understand and fulfill your business tax responsibilities.

Small Businesses 101

Small Businesses Credit Scoring Credit and Collections Default 101

Fundera

SEPTEMBER 19, 2016

If you’re a small business owner, here’s one fact you might care about: Bank of America works with over 3 million small business owners in the U.S. And they don’t only have business checking accounts to offer. Bank of America Small Business Loans: What You Need to Know. Actually, we take that back.

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Small Businesses Default Credit Scoring Deductions 102

Fundera

OCTOBER 28, 2018

Small businesses face a number of daily obstacles, but financial ones can be the most complicated. Understanding how to prepare for and handle these challenges can be critical to the success or failure of a small business. What are some of the most common small business financial challenges and how can they be alleviated?

Small Businesses 96

Small Businesses Deductions 96

Fundera

AUGUST 12, 2019

As a small business owner, you don’t have time to sift through tons of websites, Twitter feeds, Facebook groups, and blogs to find out what you need to know. We’ve found the most down-to-earth and noteworthy resources for small businesses that the online world has to offer. Barbara Weltman. Melinda Emerson.

Small Businesses 97

Small Businesses Credit Scoring Deductions 97

Lendio

NOVEMBER 1, 2023

There are many different kinds of small business loans, making it essential to do your research before beginning any application process. The 11 most popular types of small business loans The following information covers the common routes entrepreneurs take to get the capital they need.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Default 98

Fundera

NOVEMBER 19, 2018

And for you, a small business owner, HR is necessary to ensure your business can hire and retain top talent while being compliant with the law. The Small Business Association (SBA) defines human resources in two ways: “The people who work for a company or organization.”. No small feat. government.

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Small Businesses Deductions 94

Fundera

AUGUST 21, 2018

On the contrary, every new business comes with its own set of unique challenges, and small businesses are no exception. For newly minted entrepreneurs, it’s those quintessential “small business problems” that can break their operations—or make them, if navigated properly. Install business accounting software.

Small Businesses 107

Small Businesses Credit Scoring Deductions 107

Fundera

APRIL 22, 2019

Best Bookkeeping Apps for Small Business Owners. In the world of small business accounting , bookkeeping apps can change how you do business. As a small business, you don’t have a big accounting or bookkeeping department to balance your books and help with financial planning.

Small Businesses 92

Small Businesses Transactions Dashboards Deductions 92

Lendio

OCTOBER 26, 2023

Business cash advance A business cash advance refers to a type of financing you can use to borrow against future revenue that your business will earn. With a business cash advance, a lender provides you money up front and takes repayment via an automatic deduction of a percentage of your business’s future sales.

Small Businesses 97

Small Businesses Credit Scoring Credit and Collections Default 97

Fundera

JUNE 19, 2020

For the vast majority of small business owners, general liability insurance is a necessity. Without this type of coverage, a single lawsuit could devastate your business. Therefore, if you’re thinking about investing in small business insurance , this is one of the first policies you’ll want to consider.

Small Businesses 85

Small Businesses Insurance Companies Deductions 85

Fundera

AUGUST 9, 2020

A concept that can be confusing and frustrating for small business owners—especially come tax season —is depreciation. This accounting rule can make purchasing assets challenging for small businesses, which isn’t ideal. Luckily, there are tax-saving alternatives business owners can use, including bonus depreciation.

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Deductions Small Businesses 105

Your Virtual Credit Manager

SEPTEMBER 13, 2022

Photo by Jp Valery on Unsplash Payment deductions, also known as chargebacks or short pays, happen when the customer pays less than the full invoice amount. Should you confirm that the customer is indeed correct, the deduction is removed from the Accounts Receivable (AR) ledger via a credit memo. Well, it’s not.

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Deductions Credit and Collections DSO Accounts Receivable (AR) 130