Fundera
JUNE 24, 2019
As an entrepreneur, you face regular roadblocks from worries about the future to difficulties managing personnel. To learn to face these roadblocks head-on, you can turn to books, trusted advisors, or perhaps best of all for your busy schedule: business articles. Business articles serve as an accessible source of small business advice , whether you find them in a journal, business magazine , or business blog.
Abrigo
JUNE 4, 2019
The Financial Accounting Standards Board’s new current expected credit loss (CECL) standard, known as one of the biggest changes to bank accounting. Because of the complexities and changes that CECL brings, there are many questions surrounding implementation, potential effects, and more. The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (O
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GoCardless
JUNE 24, 2019
We surveyed 4,000 customers across the UK, France, Germany and Spain about their attitudes to security and convenience when shopping online.
MediRevv
JUNE 12, 2019
Imagine if your patients were armed with all the tools and resources they needed to make informed decisions on their healthcare choices and billing options. The focus on surprise medical bills and patient loyalty has been in the news recently, along with how high-deductible health policies are linked to delayed diagnosis and treatment.
Eastern Credit Management Services
JUNE 10, 2019
“You’re a Bill Collector, you collect overdue accounts; thus you must be one”, you would not believe how often we hear this day today. The truth is yes, we collect overdue accounts, but we are not Bill Collectors by definition; we are an extension of your business. That’s why we refer to individual members of our collection department as Customer Account Agents, as we take a customer service approach to the collection of our clients’ overdue accounts.
Fundera
JUNE 3, 2019
Direct to consumer marketing (D2C) is a strategy in which a company promotes and sells a product or service directly to consumers, cutting out the need for any intermediaries. The number of businesses that independently manufacture, promote, sell, and ship their own products is rising, and growing popularity of this strategy is rapidly changing the business landscape on the whole.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Fundera
JUNE 26, 2019
35 Small Town Business Ideas for Every Community. Restaurants. Hybrid Bar & Coffee Shop. Liquor Store. Handyman or Contractor. Automotive Repairs. Home Cleaning. IT and Computer Services. Pet Store, Grooming, and Boarding. Salon or Barbershop. Gas Station. Grocery Store. Drugstore. Antique or Thrift Store. Fitness Studio or Gym. Tutoring Business.
Fundera
JUNE 14, 2019
As you go about your day-to-day business operations, you may forget just how integral your business bank account is to your small business. After all, you started the account for a reason—and when you stop and think about it—you use it much more than just as a place to store funds. You may use your business bank account to pay your bills, employees, suppliers, or all three.
Fundera
JUNE 25, 2019
The Top 40 Online Business Ideas. Social Media Marketing. SEO Consulting. Freelance Designing. Freelance Writing. eBook Writing. Translation. Editing. Writing a Blog. Freelance Researching. Freelance Coding and Web Design. Software and App Development. Photography. Business Coaching. College Consulting. Tutoring. Online Fitness Training. Ecommerce Store.
Fundera
JUNE 7, 2019
What Is a Founders’ Agreement? A founders’ agreement is a legally binding contract, usually in writing, that outlines the roles, rights, and responsibilities of each owner in a business. It could be a standalone document, or it could be incorporated into corporate bylaws, an LLC operating agreement, or partnership agreement. A founders’ agreement is designed to protect each founder’s interests and to prevent conflict down the line.
Fundera
JUNE 18, 2019
Top 10 Reasons Why Good Employees Quit. Lack of respect or trust. Low pay. Poor company culture. Feeling overworked and underappreciated. Bad manager. No growth opportunities. Disconnect with company values. Issues within their team. Poor leadership. No work-life balance. There are few faster ways to cause major problems at your company than to forget that a good business is staffed by satisfied, energetic, and engaged employees.
Fundera
JUNE 9, 2019
Just like respect, trust is not given—it’s earned. In the world of business, people will not buy your products or your services if they don’t trust you. They need to find your business trustworthy before they decide to hand over their hard-earned cash. The tricky part about trust is that it cannot be forced on other people. You cannot just tell people to trust you so you can make a sale.
Fundera
JUNE 17, 2019
10 Common Hiring Mistakes to Avoid. Not defining job duties clearly. Not having a process in place. Having too wide of a candidate pool. Not preparing for interviews. Talking in interviews more than you listen. Ignoring the cultural fit. Trusting your gut too much, or too little. Not prioritizing your hiring qualifications. Not checking a candidate’s references.
Fundera
JUNE 24, 2019
Standing out as a small business isn’t the easiest feat in the world. Incumbents in your field have an outsized presence with consumers, and may even be household names depending on your industry. Plus, other small or medium-sized businesses may be working with big marketing budgets that make it even more difficult to help your business have a meaningful presence online.
Fundera
JUNE 9, 2019
Small Business Credit Card Reader Options. Low-cost options. Square magstripe reader. Square chip card reader. Medium-cost options. Clover Go. Square chip and contactless reader. Square Stand. High-cost options. Clover Flex. Clover Mini. Clover Station. Square Register. Credit card readers come in all different shapes and sizes. If you’re just starting your search for a small business credit card reader, you’re likely just becoming aware of that fact.
Fundera
JUNE 11, 2019
What Is an LLC Operating Agreement? An LLC operating agreement is a legal document that outlines the governing structure of the LLC, as well as the rights and responsibilities of each owner. An operating agreement isn’t legally required in most states, but it should be stored with other important business records. When starting a new business, every entrepreneur wants to focus on their customers and providing the best product or service.
Fundera
JUNE 7, 2019
35 Best PayPal Alternatives. 2Checkout. Adyen. Amazon Pay. Authorize.Net. BlueSnap. Braintree. Charge.com. Dwolla. FastSpring. Fattmerchant. Google Pay. Intuit GoPayment. Klarna. NETELLER. Merchant, Inc. Paylane. Payline. Paymate. Payoneer. Paysera. Payza. Popmoney. ProPay. Selz. Shopify Payments. Skrill. Square. Stripe. TransferWise. Venmo. ViewPost.
Fundera
JUNE 14, 2019
How to Motivate Employees: 7 Ideas. Provide open, honest, respectful communication. Offer your employees opportunities to learn and develop. Listen to employee concerns and address issues. Offer incentives for good performance. Be flexible to different employee work-styles. Foster a comfortable and welcoming workplace. Gamify work-related tasks. Motivation comes from the inside out.
Fundera
JUNE 30, 2019
23 Best Small Business Forums. Small Business Forum. Quora. Small Business Forum.net. BizWarriors. Small Business Brief. CNET Small Business and Startups Forum. Small Business Computing and Ecommerce Forum. ChefTalk. QuickBooks Online Community. Practical Machinist. Warrior Forum. Bank of America Small Business Online Community. Business Advice Forum.
Fundera
JUNE 10, 2019
No matter where you are, it’s important to find a great bank for your small business when you’re setting up shop or growing rapidly. We’re going to look into the best banks for small business in Michigan, specifically, so you can find an excellent fit for your company that understands your local needs. No matter if you’re right in the heart of the action in, say, Ann Arbor, or peacefully enjoying yourself in the Upper Peninsula, you’ll be happy to discover that there’s a range of options among t
Fundera
JUNE 18, 2019
Time is money. We’ve all heard this mantra of entrepreneurs at least once before. Small business owners know it’s true––the more time spent on a task, the less money you make. So how can you streamline your operations and become more efficient with your work if you have few resources and a small team? Enter project management. As a small business owner, you are also a project manager.
Fundera
JUNE 5, 2019
Real estate is an industry that gets consistent attention as a lucrative, exciting work opportunity. Best of all, by working in real estate, you’re able to cash in on a product that is almost always in demand, as people need homes and commercial space in just about any economic environment. Plus, real estate can bring in some serious cash, depending on the opportunities in your area and overall industry conditions.
Fundera
JUNE 14, 2019
What Is Customer Lifetime Value? Customer lifetime value (CLV) is a formula which tells you how much revenue a customer will generate over their entire relationship with your business. Calculating CLV can help you with budgeting, forecasting, and resource allocation decisions. Ultimately, a company’s viability depends on customers returning again and again.
Fundera
JUNE 10, 2019
Out of the many responsibilities of a company’s human resources management , finding suitable employees to staff a growing small business comes with a special set of challenges. The employee selection process takes time and effort, between attracting qualified candidates through job postings, wading through stacks of submitted resumes, and keeping applicants engaged throughout a hiring process that can take up to 23 days.
Fundera
JUNE 27, 2019
Progress Billing Definition. Progress billing is the process of incrementally invoicing clients for a project based on the percentage of work already completed. Progress billing is typically used for large, long-term projects, and it helps contractors maintain an adequate level of funding throughout the duration of the project. It shows the original contract amount, changes made to that total amount, the total balance already paid, the percentage of work completed, the amount currently due, and
Fundera
JUNE 13, 2019
As a contractor, you know that running your business requires capital—and, often, lots of different kinds. Luckily, the best small business loans for contractors provide you with many options to access different types of capital, depending on your company’s unique needs. You may need capital to finance the purchase of specific items, assist with cash flow concerns, or pay your staff.
Fundera
JUNE 26, 2019
As an aspiring digital entrepreneur (or side-hustler) with an inventory of physical products to move, your first order of business is choosing an ecommerce platform on which to sell and manage your stock. And if you’re at all familiar with the ecommerce space—if not as a business owner then likely as a consumer—you know that Shopify vs. eBay are two of the biggest names in online selling.
Fundera
JUNE 2, 2019
Accrued expenses sound like a difficult, and time-consuming, accounting concept to comprehend. As the name suggests, accrued expenses are an accrual basis accounting concept. As such, many small business owners—who often operate on a cash basis —disregard accrued expenses. This can be a costly mistake. In this article, we will demystify accrued expenses.
Fundera
JUNE 10, 2019
Taxes can weigh heavily on the mind of a small business owner. Local, state, and federal small business taxes can eat a big chunk out of your bottom line, and sometimes, it can feel like all your hard-earned profits are going to Uncle Sam. Fortunately, tax deductions and small business tax credits can help lessen the sting of taxes. Most small businesses are aware of the importance of tax deductions.
Fundera
JUNE 22, 2019
What is a Keogh Plan? A Keogh plan is a tax-deferred retirement plan for self-employed individuals, non-corporate small businesses, and their employees. In a defined contribution Keogh plan, the business owner decides how much to contribute. A defined benefit Keogh plan works like a self-funded pension plan. You can withdraw money from a Keogh plan as early as age 59 and a half.
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