Fundera

DECEMBER 14, 2018

Apps aren’t just for play anymore: There are a plethora of small business apps that any good entrepreneur should have on all of their devices. Because, as you surely know, you’re just too dang busy to handle all the banking, budgeting, accounting , planning, employee management, customer management, inventory tracking, quality assurance, marketing plans, complaints, requests, equipment, financing , and ten thousand other things—all by yourself.

Small Businesses 107

Small Businesses Transactions 107

GoCardless

DECEMBER 13, 2018

3 surprisingly straightforward ways everyone can gain access Direct Debit.

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52

Fundera

DECEMBER 10, 2018

You’ve probably heard it said that “small business is the backbone of America.” But what does that saying mean in practice? How many small businesses are there in this country, and how many people do they employ? Even if you’re a small business owner yourself, it can be hard to understand just how important small businesses are and how much they contribute to the economy—especially since the press focuses much more on the country’s biggest companies.

Small Businesses 105

Small Businesses Law Firms 105

Fundera

DECEMBER 12, 2018

Any small business owner knows that entrepreneurship has its highs and lows. When you hit the low points of entrepreneurship, sometimes it helps to read some inspirational quotes from other prominent business owners who have been in your shoes. Here are 53 business quotes from inspiring entrepreneurs and leaders like yourself for the days when the going gets tough. 7 Small Business Quotes on Success.

Small Businesses 97

Small Businesses 97

Fundera

DECEMBER 13, 2018

How to Open a Restaurant and Make It Successful. Make your restaurant business plan. Ask yourself the 13 biggest questions your business plan needs to answer. Make your restaurant official. Taking the time to establish your new restaurant properly will save you a lot of headache later. Keep your finances in order. Be sure to acquire proper accounting software, hire a bookkeeper or accountant, and keep up with tax obligations.

Small Businesses 89

Small Businesses Credit Scoring Transactions 89

Fundera

DECEMBER 8, 2018

There’s a lot that can stunt your business’s growth. Financial problems, inefficient staff, negative reviews, and slumps in the economy are just some of the threats your startup may face. Many business setbacks are out of your control. However, you can safeguard your enterprise by avoiding a few common startup mistakes. 6 Common Startup Mistakes—and How to Avoid Them.

Small Businesses 87

Small Businesses 87

Fundera

DECEMBER 9, 2018

Advertising Disclosure: Fundera receives compensation from our partners, which may impact how and where their products appear on our site. . The Top 5 Email Marketing Platforms. Constant Contact. ConvertKit. GetResponse. iContact. MailChimp. If you’ve spent any amount of time researching how to market your small business to achieve the best results, you already know that email marketing is hands-down the number one tool at your disposal.

Small Businesses 82

Small Businesses Nonprofit Organizations 82

Fundera

DECEMBER 14, 2018

8 Genius Marketing Tactics to Boost In-Store Sales. Theme days and events. Flash sales. Partnership with local philanthropy. Click and collect. Retargeting campaigns. Facebook ads. Joint partnerships. Giveaways. Advertising Disclosure: Fundera receives compensation from our partners, which may impact how and where their products appear on our site. .

Small Businesses 81

Small Businesses Transactions 81

Fundera

DECEMBER 10, 2018

As a small business owner, you’ve likely mastered the self-management techniques necessary to be your own boss. If you’ve grown your business enough to require employees of your own, it can be exciting to bring on new members to your team. However, learning to successfully manage others is a unique challenge that takes practice and patience. No matter if you’re a large business or only managing two other people, being in charge of others can challenging — and incredibly rewarding.

Small Businesses 79

Small Businesses 79

Fundera

DECEMBER 13, 2018

The Best Small Business Ideas to Consider. Accounting and bookkeeping. Photography. Bed and breakfast. Landscape services. Ecommerce Store. College application consultant. Alterations services. Virtual assistant services. SEO Agency. Moving Company. They say beauty is in the eye of the beholder—and, as it turns out, the same can be said for the best small business ideas.

Small Businesses 76

Small Businesses 76

Fundera

DECEMBER 13, 2018

What Is a Perfect Credit Score? When it comes to personal credit scores, the absolute perfect credit score is 850. Though it may seem impossible, it’s actually totally doable if you’re responsible with your debt and check (and recheck) your credit score often. But a perfect credit score may not be necessary if you have a great or even a good score.

Credit Scoring 75

Credit Scoring Bankruptcy Credit and Collections Default 75

Fundera

DECEMBER 12, 2018

The 8 Components of a Business Plan. Executive Summary. Company Overview. Market Analysis. Business Organization. Product Development Plan. Marketing and Sales Plan. Financial Plan and Projections. Appendix. Whether you’re just starting your business or looking to get serious about a business you’ve run for quite some time now, you need a business plan.

Small Businesses 76

Small Businesses 76

Fundera

DECEMBER 12, 2018

12 Tips for Selling a Business to a Competitor. Get an Idea of Your Business’s Value. Don’t Let Emotions Get in the Way. Always Proceed With Caution. Try to Get the Most Out of the Deal. Due Diligence Takes Precedence. Know Who You’re Working With. Make Sure You’re Ready to Sell. Don’t Be Afraid to Ask Questions. Get What You’re Owed Now. Make Sure You’re The One Driving.

Bankruptcy 75

Bankruptcy Law Firms Transactions Default 75

Fundera

DECEMBER 12, 2018

Your First Credit Card: The 5 Best Sources. Your bank. If you’ve had a checking or savings account with a certain bank, this existing relationship will up your odds for qualifying for your first credit card. Credit cards for no credit history. These will take some work to find them, but almost all the major credit issuers offer “limited history” credit cards.

Credit Scoring 75

Credit Scoring Credit Card Companies Deductions Small Businesses 75

Fundera

DECEMBER 13, 2018

Entering into a small business partnership can be very exciting. You’ve (hopefully) found someone who shares your vision , works well with you, and has lots of great ideas. Together you feel you have what it takes to make your small business dreams a reality. Whether your partner is a long-time friend or someone you just met last week, it’s a great feeling to find someone you feel you can launch a business with.

Small Businesses 75

Small Businesses 75

Fundera

DECEMBER 12, 2018

Every business, big or small, strives for more than one-off purchases—they want their customers to become lifers. Often, establishing brand loyalty in your customers means proving to them, over and over again, that your product or service is the best they’ll find. Or, you could cut to the chase and draw in those loyalists through experiential marketing techniques… but what is experiential marketing?

Small Businesses 75

Small Businesses 75

Fundera

DECEMBER 13, 2018

As a veterinary practice owner, you’re more than a doctor—you’re a small business owner, too. And although your primary concern will always be caring for animals, it makes sense to be concerned about your practice’s finances from time to time. But business loans —or, more specifically for your scenario, veterinary business loans—exist to help quell the latter.

Credit Scoring 75

Credit Scoring Default Small Businesses 75

Fundera

DECEMBER 12, 2018

Is your business also a brand ? Do you create original materials and assets for your business? If so, it’s important that you understand the difference between trademark and copyright? . Brand identity and intellectual property can be just as important as revenue when it comes to your business. Research shows that 43% of customers spend more money at brands they are loyal to, and 65% of a company’s business comes from existing customers.

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Fundera

DECEMBER 13, 2018

The Best High-Limit Business Credit Cards. Chase Ink Business Preferred: The best high-limit credit card with a welcome bonus. Chase Ink Business Cash: The best high-limit credit card for cash back rates. The American Express Blue Business Plus: The best high-limit credit card for 0% intro APR offers. As you’re searching for the best business credit card for your business, all the bells and whistles can easily distract you.

Credit Scoring 74

Credit Scoring Transactions 74

Fundera

DECEMBER 13, 2018

As a small business owner, you’re always looking for new ways to engage your customers—you want to get them excited about your company, and keep them loyal. Sometimes, that means offering coupons, rewards programs , or even just by using conventional marketing channels like print and digital advertisements. But business giveaway ideas could be a great way to shake up things.

Small Businesses 73

Small Businesses Transactions 73

Fundera

DECEMBER 12, 2018

Credit scores have become a huge part of our lives. They affect everything from our transportation to our homes—you think they could have at least taught a course on it in school. There’s no question a good credit score is crucial for so many varying parts of our lives, but the questions stands—what is a good credit score? What is the score you need to get the best credit card, mortgage, business loan , auto loan, etc., etc.?

Credit Scoring 71

Credit Scoring Credit and Collections Default Credit Risk 71

Fundera

DECEMBER 13, 2018

When Tom Stanley asked William Danko for help studying the affluent in 1973, it began a decades-long collaboration that produced one of the most popular and influential books about money ever written, “ The Millionaire Next Door.” The two PhDs explored what lies underneath everyday millionaires—the rich people among us who don’t overspend but save and invest wisely and have the bank accounts to show for it.

Small Businesses 70

Small Businesses 70

Fundera

DECEMBER 14, 2018

What Is a CPN (Credit Privacy Number)? Credit privacy numbers or credit profile numbers (often referred to as CPNs) are nine-digit numbers promoted online as an alternative to your Social Security number (SSN). In fact, they’re sometimes called secondary credit numbers, or SCNs. With rising concerns about identity theft, data breaches, and online privacy, you might be considering using a credit privacy number.

Credit Scoring 66

Credit Scoring Credit Application 66

Fundera

DECEMBER 11, 2018

Member-Managed LLC vs. Manager-Managed LLC. Limited liability companies must choose a management structure. In a member-managed LLC, all owners participate in day-to-day decisions. In a manager-managed LLC, business owners elect one or more managers to make day-to-day decisions. The manager could be one of the owners or a professional manager brought in from outside the company.

Default 65

Default Small Businesses 65

Fundera

DECEMBER 10, 2018

What Is IRS Form 940? Businesses with employees file IRS Form 940 to report their obligations under FUTA—the Federal Unemployment Tax Act. Form 940 shows the amount of federal unemployment taxes the employer owed the previous year, how much has already been paid, and the outstanding balance. The form is due January 31, or February 10 for businesses that have already deposited their unemployment taxes in full.

Credit and Collections 65

Credit and Collections Nonprofit Organizations Small Businesses 65

Fundera

DECEMBER 12, 2018

What Is Seller Financing? Seller financing is when a business’s original owner offers the buyer a loan to cover a portion of the price of the business. First, the buyer makes a down payment in cash as soon as the deal closes. The seller’s loan covers the remaining amount of the sale price, plus interest, according to the terms set by the lender. Seller financing rarely covers the entire price of a business, so buyers usually use another form of financing in tandem with their seller’s loan.

Credit Scoring 64

Credit Scoring Default Small Businesses 64

Fundera

DECEMBER 14, 2018

Business owners have a lot on their mind, so until the task becomes relevant, we’re sure you aren’t exactly spending free time wondering how to create an invoice. And, even then, for a small business owner using accounting or billing software , the purpose and importance of writing an invoice might not be clear. After all, isn’t creating an invoice just a formality?

Credit and Collections 62

Credit and Collections Default Small Businesses 62

Fundera

DECEMBER 12, 2018

When you’re looking for a loan, it usually goes in three phases: r esearching and choosing a loan, applying for the loan and getting approved, and then paying it off. As you’re just starting your loan shopping, chances are you stay mostly focused on the first two phases. You want to understand if you’ll qualify, what you’ll need to apply, and how long before you’ll get the cash.

Credit and Collections 59

Credit and Collections Credit Card Companies Deductions 59

Fundera

DECEMBER 12, 2018

When searching for business financing , it’s all about hearing one phrase: “You’re approved.” After a big post-Recession decline, approval rates in small business lending have quickly picked up speed. Large banks are now approving more than a quarter of business loan applications, and small banks are approving half of business loan applications. Low unemployment rates, rising costs for companies, and a general sense of optimism among small business owners have contributed to the surge in lending

Credit Scoring 54

Credit Scoring Small Businesses Deductions 54

Fundera

DECEMBER 14, 2018

American Express Secured Card, Summarized. There is no secured business credit card from American Express, but there is an American Express secured card meant for consumer use—the USAA Secured American Express credit card. The secured AMEX comes with the following features: $35 annual fee. Interest-earning security deposit. Ideal for building credit.

Credit Scoring 49

Credit Scoring 49