Sat.Apr 08, 2023 - Fri.Apr 14, 2023

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The 12 Best Finance Books for Kids to Learn Money

Due

Most people find it hard to talk about money, especially between children and their parents. In fact, 57% of parents reported being reluctant to discuss money matters with their children. Furthermore, another study found that 74% of respondents said parents shouldn’t share information about their kids’ finances with kids under 14 years old, and another 14% said it should never be done.

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Saving Versus Investing

RMAi Blog

By understanding the tradeoff between saving and investing, you can make a financial plan that works for you now and later. Generally, people use savings for building an emergency fund or a short-term financial goal like a vacation or down payment on a car. Savings generate interest, although usually at a lower rate of return than investing, and the funds can be easily accessed.

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Is Your AR Management up to the Task?

Your Virtual Credit Manager

Accounts Receivables (AR) require active management. Laissez-faire doesn’t cut it. In fact, a hands off approach will only serve to compound the weaknesses in your order-to-cash (O2C) process. Any O2C friction that results will ultimately have a negative affect on AR performance. Photo by Elisa Ventur on Unsplash When a company’s AR under-performs, the consequences are substantial.

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Should You Get an LLC for Your Side Business?

incfile

Got a side hustle? You've probably asked yourself, "Do I need an LLC?" While you can operate your side hustle as a sole proprietor without a legal business entity, getting an LLC for your side business can give it protection and credibility. Here, we'll give you all the reasons to consider an LLC for your side business, plus tips on when and how to start one.

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26 Quick Ways to Save Money Around Your House – In 5 Minutes

Due

When a recession is looming , it’s always wise to monitor your spending habits. Furthermore, many areas of the economy remain under inflation pressure. Increasing demand for housing and spending on travel, dining out, and entertainment events have led to increases in rent, grocery prices, and hotel, restaurant, and airline flight prices. As inflation takes a toll on your wallet, we’ve put together some ways to ease the burden.

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Pick the Right Card – It’s a Choice not a Magic Trick

RMAi Blog

In support of Financial Capability Month, the Receivables Management Association International (RMAI) presents the following information. RMAI also provides resources on the Consumers webpage of the RMAI website and at FinancialLiteracy.Rocks. Additional information on this topic and more is available online from the Consumer Financial Protection Bureau.

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Key Rules for Naming Your Business in All 50 States - IncFile

incfile

Just as naming your pet or baby can fill you with both excitement and angst, naming your business "baby" can do the same. There's so much riding on the name as the chosen name can have a substantial impact on your brand's overall success.

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17 High Paying Online Jobs No Experience

Due

Do you have little work experience, but would like to work remotely ? You may seem that you’re out of luck. Since so many “entry-level” jobs require 2+ years of experience, finding high-paying online jobs with no experience may seem nearly impossible. As it turns out, it’s not as difficult as it seems. As a matter of fact, there are many exceptional options available.

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Abrahamsen Gindin LLC Acquires Forster and Garbus LLP

RMAi Blog

Scranton, Pa., April 11, 2023 – Abrahamsen Gindin LLC (AG Law), a multi-state creditors’ rights firm headquartered in Scranton, Penn., recently acquired Long Island-based Forster and Garbus LLP. AG Law is owned by Joshua Gindin, David Schlee, Josh Borer, and Ned Abrahamsen. The firm currently operates in New York, New Jersey, Pennsylvania, Delaware, Maryland, and Washington, D.C.; it plans to expand further once the firms are fully integrated within 12 to 18 months.

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ForwardAI Achieves SOC 2 Type II Compliance Certification

ForwardAI

Originally published on Accesswire. Industry leading security and compliance evaluation and auditing process demonstrates commitment to excellence in handling customer data NEW YORK, NY / ACCESSWIRE / April 13, 2023 / ForwardAI , a fintech providing aggregated access to accounting and business data and analysis, announces that it has successfully completed its Service Organization Control (SOC) 2 Type II certification.

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10 Best Business Checking Accounts for LLCs in 2023 | Incfile

incfile

Once you’ve formed an LLC , one essential step you'll need to follow is to keep your personal and business finances separate. Different accounts help to protect your personal assets from any potential business liabilities, and the best way to do that is by opening a dedicated business account for your LLC.

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The Pros and Cons of Early Retirement for Single Americans

Due

The concept of retiring together with a partner or spouse may sound appealing. However, in reality, this is not always true. According to the U.S. Administration on Aging , nearly a third of men and more than half of women over age 65 are widowed, divorced, or never married. While dual-income households do have some advantages, plenty of single people are able to retire comfortably — and even prosper.

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Shopping Online – Buy What You Need Not What They Sell

RMAi Blog

In support of Financial Capability Month, the Receivables Management Association International (RMAI) presents the following information. RMAI also provides resources on the Consumers webpage of the RMAI website and at FinancialLiteracy.Rocks. Additional information on this topic and more is available online from the Consumer Financial Protection Bureau.

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Do IRS Installment Agreements Affect Your Credit Score?

Credit Absolute

Paying your federal taxes when they become due isn’t always an option. When you have other debts to worry about and money is tight, you have to consider all of your options. An IRS installment agreement is a solution to this problem, but some people may be hesitant because they aren’t exactly sure how it […] The post Do IRS Installment Agreements Affect Your Credit Score?

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Net 30 payment terms: Tips for negotiating a better payment

The Red Spectrum

Net 30 vendors are suppliers or vendors that offer businesses the option to pay for their products or services within 30 days of receiving an invoice. This means that you have 30 days to pay the vendor for the products or services you purchased. Negotiating Net 30 better payment terms with your vendors can be beneficial for several reasons. First, it can help you manage your cash flow more effectively.

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Should You Invest In Real Estate in a Market Downturn?

Due

A market downturn can be a scary time for investors. As people spend less and the economy slows down, many of your investments will likely produce less-than-stellar returns and you may encounter some losses. However, some investments can help you emerge even stronger on the other side of the downturn. Real estate can be one of those assets. With 58% of economic experts expecting a recession later this year, it’s time to start planning for resiliency.

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How marketing agencies can get their invoices paid faster

Chaser

Marketing is one of the critical drivers of success for any business. Whether it's through SEO, PPC, or another form of advertising, marketing has the potential to bring in new leads and customers that are vital to helping your business grow.

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Reducing Debtor Days To Maximise Cashflow

Know-It Global

Reducing your debtor days is fundamental to maximising your cashflow! Since you’re here reading this article we suspect you’re having issues with not being paid on time. You’re not alone. Late payments are crippling businesses all over the UK with 52% of businesses experiencing late payment , and 25% reporting increased instances of late payment in 2022.

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Using a Business Line of Credit To Boost Retention

Skogen Capital Lending

One way to be more successful in your business is to recruit and retain the best talent available. Retention can be one of the trickier parts of the business because you want to offer your workers the best pay and benefits without going bankrupt. One of the ways to boost retention is to use a business line of credit to hire more help, upgrade working conditions and provide incentives.

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How to Make Money in One Hour, Here Are 20 Ideas

Due

Sometimes, you need money right away. As in as fast as yesterday. Here’s the catch, though. The road to good, fast money is not always paved with ease. There are, however, legitimate ways of finding an immediate cash flow. If you’re in good financial shape, you might have an emergency fund you can use. But, what if don’t? OK, what about your savings?

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Maximizing Your Tax Savings: 15 Overlooked Deductions For Business Owners

ForwardAI

Overlooking tax deductions can result in missed opportunities to reduce tax liabilities and increase cash flow for business owners. As a business owner, it’s essential to keep your tax liability as low as possible. However, with the complexities of the tax code, it can be challenging to know which deductions you’re eligible for. Below, our CEO Nick Chandi and 14 other Forbes Finance Council members explore some little-known tax deductions that many business owners may not be awar

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How to improve your Cashflow by using credit management tools

Credit Management Group UK

Using the credit management tools available to you effectively can greatly increase your chances of getting paid more quickly. Making small changes to your collection strategy to incorporate all tools at your disposal can make a big impact on your collection performance. Improving your use of credit management tools Invoice Ensure that your invoices: Are dispatched quickly Are accurate Comply with any contractual invoicing procedures.

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How to improve your business credit score in 5 steps

The Red Spectrum

A business credit score is a numerical representation of a company’s creditworthiness. Credit bureaus calculate it based on the company’s credit history, payment behavior, and other financial data. Having a good business credit score is crucial for several reasons. Firstly, it can increase a company’s chances of getting approved for loans, credit lines, and other forms of financing.

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Capital Budgeting with NetSuite Explained

Accounting Department

Capital budgeting involves analyzing, evaluating, and prioritizing investment decisions for large-scale projects that typically require significant capital from a business. This could include new office or warehouse space, fixed assets, or real estate. Capital budgeting provides businesses with a way to determine the best use of capital to increase the overall value of a business - a strategy that is useful to businesses of all sizes.

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France’s E-Invoicing Mandate: What It Entails, What It Means for You & How to Ensure Compliance By 2024

The Esker Blog

B2G (business-to-government) e-invoicing has been mandatory since 2017, and soon, the same will be required of all B2B (business-to-business) transactions as well. On December 28, 2019, the French government passed Art. 153 of France’s Finance Law 2020, making e-invoicing mandatory for all domestic B2B transactions starting in 2024. All business entities will be required to accept electronic invoices, regardless of their size.

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Credit review systems: Does yours make the grade?

Abrigo

Building a strong credit review process A critical element of monitoring is an organization’s credit risk rating system. This blog will examine credit review in more detail. You might also like this whitepaper: "2022 Loan Review Benchmark Survey Results." DOWNLOAD Takeaway 1 Loan review, or credit review, must be timely, thorough, and accurate to meet regulatory requirements.

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How to Future Proof Your Money, Today and Forever? 

Due

When you talk about managing your finances, how frequently do you review your expenses? Don’t you worry about grocery bills pinching your wallet or travel expenses rising like never before? Well, whether you curse inflation, recessions, market downturns, or international events, future-proofing your money is crucial. With inflation rising at an ominous rate over the last 12 months, there’s a thin chance of it dipping below 6% anytime soon.

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Keep Vendors Happily Paid with Tipalti

Accounting Department

Growth comes for businesses sometimes when least expected and it could easily catch them off guard and unprepared when the company still has manual processes in place.

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What to Include on Invoices so B2B Clients Pay on Time

Enterprise Recovery

Accuracy and details are crucial when invoicing business clients on retainer or for goods or services provided by your company. In fact, there are some attributes that can be added to invoices to prompt early payment or at least reduce the risk of late payments. Use these invoicing best practices so your B2B clients pay on time.

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Business Outcomes, Not Business Overheads

The Corcentric Blog

It is the focus on outcomes, rather than overheads and ownership, that is driving high-level change in the business strategy of many companies today.

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