Fundera

NOVEMBER 22, 2019

The holiday season is a critical money-making time for many independent businesses and if your small business marketing strategies are strong they can go a long way. What’s more, it’s a prime opportunity to grow your customer base and turn one-time buyers into frequent patrons who will return to your business even after the holidays are over. . “Most people are looking to buy presents for the people in their lives, so they’ll likely venture to sites and stores they wouldn’t shop at

Small Businesses 122

Small Businesses 122

Abrigo

NOVEMBER 22, 2019

Key Takeaways Credit analysts who are proficient in routine skills but also possess certain soft skills are most beneficial to a bank or credit union. Curiosity to dig behind the numbers and perspective are two traits of a strong credit analyst. A strong credit analyst is introspective and has emotional intelligence. Soft skills are important for credit analysts.

Credit Unions 78

Credit Unions Credit Risk 78

GoCardless

NOVEMBER 18, 2019

Everything you need to know about PSD2, and what it means for your business.

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Fundera

NOVEMBER 20, 2019

It can be hard to find the quiet time to read when you’re trying to figure out how to start a business —but many of the world’s most successful people are voracious readers. Warren Buffett is known to read 500 pages a day , and Bill Gates reads around 50 books a year. It’s no surprise that these famous CEOs read every day. Reading keeps your mind sharp while allowing you to escape from the stresses of everyday life.

Small Businesses 101

Small Businesses 101

Abrigo

NOVEMBER 21, 2019

Key Takeaways FATF best practices identify the most common challenges that countries face in ensuring that the beneficial owner(s) is identified. FATF suggests using a multi-pronged approach to ensure beneficial ownership is obtained. The US is at a disadvantage without a national beneficial ownership registry. . The importance of CDD and EDD around beneficial ownership.

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Abrigo

NOVEMBER 21, 2019

Key Takeaways Now is a good time to plan 2020 BSA/AML training and efforts to educate clients and colleagues about BSA and fraud red flags. It's also a good time to enhance your institution's BSA/AML risk assessment. Sustainability of your institution's BSA program deserves particular focus in 2020. As another busy year draws closer to an end it is time to reflect on the challenges and successes of the year.

Cybersecurity 78

Cybersecurity Credit Unions 78

Abrigo

NOVEMBER 19, 2019

Key Takeaways The goal of the SAFE Banking Act is to provide a safe harbor for institutions looking to bank credible CRBs. The MORE Act and the STATES Act are currently proposed to legalize/decriminalize marijuana. The MORE Act will be voted on in Congress in November. . Many financial institutions across the country continue to resist providing traditional banking services to marijuana-related businesses (MRBs) due to the legislative gray area facing the industry.

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Abrigo

NOVEMBER 19, 2019

Key Takeaways The goal of the SAFE Banking Act is to provide a safe harbor for institutions looking to bank credible CRBs. The MORE Act and the STATES Act are currently proposed to legalize/decriminalize marijuana. The MORE Act will be voted on in Congress in November. . Many financial institutions across the country continue to resist providing traditional banking services to marijuana-related businesses (MRBs) due to the legislative gray area facing the industry.

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Abrigo

NOVEMBER 18, 2019

Key Takeaways Cannabis-related businesses operate in high cash volumes, creating a public safety concern. The SAFE Banking Act looks to create a safe harbor for institutions looking to bank legitimate CRBs. The SAFE Banking Act does not remove marijuana as a schedule 1 drug on the Controlled Substance Act. Why is the SAFE Banking Act important? As differences continue to exist in state and federal law around the cannabis industry, it creates a growing gray area for financial institutions around

Credit Unions 60

Credit Unions Credit Card Companies 60

Fundera

NOVEMBER 18, 2019

If you’re considering opening a new location, chances are you’ve done a pretty good job building up your business. Maybe you’re seeing steady sales growth or hearing customers complain that they have to travel too far to get to your business. Whatever your reason for considering expansion, congratulations! It should be a point of pride to be among the 80% of small businesses that succeed in their first year.

Small Businesses 67

Small Businesses 67

Fundera

NOVEMBER 19, 2019

What Is Venture Debt Financing? Venture debt is a type of debt financing that’s available only to venture-backed startups. Venture debt is typically less expensive than equity financing and is often used by startups between equity rounds or to supplement equity financing. Venture debt lenders evaluate a startup’s growth rate, business plan, and track record with investors.

Credit Scoring 59

Credit Scoring Credit and Collections Default Small Businesses 59

Fundera

NOVEMBER 22, 2019

What Is a Professional Corporation? A professional corporation is an incorporated business whose shareholders are licensed to provide professional services. In some states, licensed professionals, such as doctors and lawyers, must form a professional corporation or other professional business entity. If you’re a member of a professional occupation, then you’re already used to dealing with more government regulation than the average small business.

Law Firms 52

Law Firms Deductions Small Businesses 52

Fundera

NOVEMBER 22, 2019

How Much Does It Cost to Trademark a Name? The cost of federal trademark registration ranges from $225 to $600 for each class of good or service that your trademark applies to. The cost is higher if you’re not using your trademark yet, want international trademark protection, or choose to retain a trademark lawyer. As a small business owner, you might give the highest priority to your business’s physical assets—such as your equipment, inventory, and any buildings you own.

Small Businesses 52

Small Businesses 52

Fundera

NOVEMBER 18, 2019

Clients are an integral part of your business—after all, without them you wouldn’t have a business at all. Whether you want to leave a memento at the end of a project or send a year-end token of gratitude, a thoughtful gift can perfectly convey your appreciation to your clients. However, it’s easy to get stuck when deciding what client gift idea is the right fit for your customers and your business.

Deductions 55

Deductions 55

Fundera

NOVEMBER 18, 2019

7 Social Media Post Ideas for Business. Promote upcoming sales. Try seasonal posts. Run user-generated content. Talk about your people. Sponsor a contest or giveaway. Post customer feedback and testimonials. Go behind the scenes. Few things strike fear in the heart of a small business owner like the words “social media.” If you’ve avoided coming up with social media post ideas for business purposes and are horrified at the idea of diving into the world of organic social marketing, you may be mis

Small Businesses 45

Small Businesses 45

Fundera

NOVEMBER 21, 2019

How to Write a Mission Statement in 6 Steps. Free write about starting your company. Explain what your company does. Describe your ideal customer. Define your core values. Get inspired by other brands’ mission statements. Revise and condense your mission statement. When you’re first starting a business , writing a mission statement may seem like a challenge, but it can be pretty simple: Your business’s mission statement articulates why your company exists and what it aims to achieve.

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Fundera

NOVEMBER 20, 2019

What Is Special Event Insurance? Special event insurance protects organizers from legal claims of property damage or bodily injury that arise from events, like fundraisers or trade shows. Special event insurance costs depend on the type of event. Coverage for an event with 100 attendees starts at about $120 for $1 million of coverage and a $1,000 deductible.

Deductions 40

Deductions Nonprofit Organizations Insurance Companies Small Businesses 40

Fundera

NOVEMBER 19, 2019

Colorado is not only a great place to live, but also a great place to run a small business. Along with lots of fantastic resources in your state, you’ll also find that there are several options for Colorado small business grants to help fund your business. That’s “free money” for your Colorado business , so to speak, that you don’t have to repay. Finding the best small business grants for your specific business can take some work and a bit of strategy, but knowing where and how to go about the p

Small Businesses 40

Small Businesses 40

Fundera

NOVEMBER 18, 2019

The constant growth of ecommerce websites has changed the game for small business owners. Though owning and running an online business may seem like a challenging task to undertake, it can be accomplished easily with the right team and guidance to target your specific customer target. Not only do eCommerce sites offer consumers the convenience of ordering products from all around the world, they also provide the metrics to compare brands.

Small Businesses 40

Small Businesses 40

Fundera

NOVEMBER 17, 2019

How to Start a Business in Arizona in 8 Steps. Choose your business entity. Choose a business name. Write your business plan. Register your business. Separate your personal and business assets. Secure funding. Obtain your licenses and permits. Review an employer’s responsibilities. Deciding to start a business can be terrifying. The endless list of administrative steps and unanswered questions is enough to discourage entrepreneurs.

Credit Scoring 40

Credit Scoring Small Businesses Transactions Default 40

Fundera

NOVEMBER 16, 2019

How to Start a Party Planning Business in 10 Steps. Build a business plan. Pick a target market. Define your scope, mission, and elevator pitch. Get certified. Choose your business entity. Obtain proper licenses and permits. Separate your finances. Find funding. Build a brand. Network, network, network. What sounds more fun than starting a party planning business?

Credit Scoring 40

Credit Scoring Small Businesses 40

GoCardless

NOVEMBER 18, 2019

Why we are using Github Token Scanning and what it means for you.

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GoCardless

NOVEMBER 18, 2019

What does 3DS2 do and what does it mean for your business?

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GoCardless

NOVEMBER 20, 2019

Discover our key takeaways from Xerocon London 2019.

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Fundera

NOVEMBER 19, 2019

WePay vs. Stripe. WePay offers a highly customizable online checkout experience without the need to know much coding. Stripe’s white-label service can be more complex, but also provides more flexibility and customer support. Stripe has transparent fees at 2.9% + $0.30 for card-not-present transactions. WePay pricing starts at 2.9% + $0.25, but there are additional charges for various plans not listed on their website.

Transactions 40

Transactions Credit Card Companies Credit and Collections Small Businesses 40