Fundera

APRIL 15, 2019

As a small business owner with many responsibilities, dealing with your accounting processes can certainly be one of the most difficult and time-consuming. With all of the important intricacies involved in business accounting, it only makes sense that so many professionals utilize accounting software like Xero to shoulder some of the burden. It takes time and practice, however, to learn how to use Xero in the best possible way for your business.

Small Businesses 85

Small Businesses Transactions Dashboards 85

GoCardless

APRIL 13, 2019

Australian sporting clubs have long looked to overseas sporting codes for ways in which to improve their operations and fan experiences. The UK’s Premier League is a good example of where clubs lead the way on payment strategies.

52

52

Fundera

APRIL 17, 2019

What Is a Cash Flow Statement? A cash flow statement is a financial statement that shows the flow of cash into and out of your business during a specific period of time. The cash flow statement shows how much cash a company receives and spends on operating, investing, and financing activities. Using this financial statement, you can see whether a company is generating more cash than it is using.

Deductions 79

Deductions Transactions 79

Fundera

APRIL 13, 2019

Small business owners have been looking more and more into outsourced payroll solutions to automate what can be a cumbersome process and lead to plenty of potential payroll mistakes—paying your employees and filing payroll taxes. Payroll is a core part of what makes your business function, how you build trust with employees, and how you manage the often complex payroll tax requirements involved with running a business.

Small Businesses 76

Small Businesses 76

Fundera

APRIL 19, 2019

For more than 50 years, the U.S. Small Business Administration (SBA) has celebrated small business owners during Small Business Week. This week of celebration highlights how vital small businesses are to the nation and economy, and offers an opportunity for consumers to rededicate themselves to shopping locally. . This article explores what National Small Business Week can mean for your business and how you can take advantage of or participate in it.

Small Businesses 75

Small Businesses 75

Fundera

APRIL 17, 2019

What Is a Cash Flow Statement? A cash flow statement is a financial statement that shows the flow of cash into and out of your business during a specific period of time. The cash flow statement shows how much cash a company receives and spends on operating, investing, and financing activities. Using this financial statement, you can see whether a company is generating more cash than it is using.

Deductions 75

Deductions Transactions 75

Fundera

APRIL 19, 2019

What Are Self-Employment Taxes? Self-employment taxes are social security and medicare taxes for freelancers, consultants, and other self-employed business owners. Under the Self-Employed Contributions Act (SECA), individuals who don’t have taxes withheld from their wages must pay self-employment taxes. The current self-employment tax rate is 15.3% of net self-employment income.

Deductions 72

Deductions Credit and Collections Small Businesses 72

Fundera

APRIL 14, 2019

What Is Intellectual Property? Intellectual property refers to business ideas and to works or processes that stem from those ideas. Examples include company logos, original literary works, and manufacturing methods. Trademarks, copyrights, and patents are the three main ways to protect intellectual property in the United States. Intellectual property (IP) protection is a largely misunderstood, but very important, part of running a business.

Small Businesses 71

Small Businesses Credit and Collections 71

Fundera

APRIL 19, 2019

What Are Self-Employment Taxes? Self-employment taxes are social security and medicare taxes for freelancers, consultants, and other self-employed business owners. Under the Self-Employed Contributions Act (SECA), individuals who don’t have taxes withheld from their wages must pay self-employment taxes. The current self-employment tax rate is 15.3% of net self-employment income.

Deductions 69

Deductions Credit and Collections Small Businesses 69

Fundera

APRIL 19, 2019

An ICO (initial coin offering) is a method of raising capital for a business by selling one form of cryptocurrency in exchange for another. Similar to an IPO (initial public offering) in the investment world, ICOs typically function by selling crypto tokens in exchange for bitcoin or ether. Essentially, this gives buyers a share of your company. This exchange, which has been called the crowdfunding of the cryptocurrency world, is seen by some as a controversial and unregulated way of raising fun

Small Businesses 65

Small Businesses Credit and Collections 65

Fundera

APRIL 13, 2019

Xero might be a relatively new player in the U.S. accounting industry, but it’s quickly gaining in popularity. A New Zealand-based company, Xero’s reach has grown substantially with it’s U.S. offerings, even competing with big business accounting software players like QuickBooks. Built “in the cloud for the cloud,” Xero appeals to a wide range of accounts as well as business owners, forgoing accounting jargon in favor of everyday terminology.

Small Businesses 57

Small Businesses Transactions 57

Fundera

APRIL 18, 2019

What Is Rideshare Insurance? Rideshare insurance provides liability and damage coverage when driving for Uber, Lyft, or other ride-hailing companies. It provides primary coverage when the app is on and the driver is waiting for a ride request. Rideshare insurance covers gaps in a driver’s personal auto policy and the insurance policies provided by rideshare companies.

Insurance Companies 49

Insurance Companies Deductions 49

Fundera

APRIL 16, 2019

WooCommerce vs. Shopify: Which Is Better? Shopify is a self-contained, cloud-hosted ecommerce platform, and WooCommerce is a plugin that turns a WordPress website into an ecommerce store. Shopify is generally considered a more fully formed ecommerce solution while WooCommerce is cheaper and allows for more back-end customization. WooCommerce and Shopify are two of the most widely used ecommerce platforms in the world—but that’s pretty much where the similarities end.

Dashboards 45

Dashboards Credit and Collections Small Businesses Transactions 45

Fundera

APRIL 19, 2019

The right business checking account can help you and your business thrive. It can help you not only store and spend your money, which is important, but some business bank accounts can grow your balance by earning interest. Others may offer payroll management services to take some of that work off your plate. The right account will also allow you just the right amount of transactions per month, without stifling your business flow or charging you too much for services you don’t need.

Transactions 40

Transactions 40

Fundera

APRIL 18, 2019

If you’re one of the millions of small business owners who uses Square as your payment processor, you probably won’t be surprised to learn that the platform has added appointment scheduling software to their list of small business-centric products and services. Square Appointments provides service-based business owners a centralized, streamlined method of handling all their customers’ appointments, and their customers with an intuitive booking experience available through any of their devices.

Transactions 40

Transactions Small Businesses 40

Fundera

APRIL 17, 2019

What Is Brightpearl? Brightpearl is an omnichannel retail management system that consolidates the point of sale experience on all of your different sales channels onto a single platform. It also offers additional features like an accounting platform and warehouse management system. Today, many retailers are becoming omnichannel sellers in order to better meet customers where they’re at.

Transactions 40

Transactions Dashboards Small Businesses 40

Fundera

APRIL 17, 2019

TriNet Payroll Review. TriNet is a professional employer organization that provides a range of services, including payroll processing. The payroll platform comes with tax administration and a robust employee portal. It works best when paired with TriNet’s other services, particularly benefits administration and expense and time tracking. TriNet provides small and medium-sized businesses with a wide range of workforce management solutions, including human resources and benefits administration, c

Dashboards 40

Dashboards Deductions Small Businesses 40

Fundera

APRIL 16, 2019

For creatives and entrepreneurs pursuing artistic projects, sometimes the biggest challenge isn’t the creative process itself (although that certainly comes with its own set of challenges)—it’s securing the right entertainment business loans so you can get your project off the ground and share your work with your community. For many artists and entertainers, navigating the financial world is tricky, nonintuitive, and, frankly, uninteresting.

Credit Scoring 40

Credit Scoring 40

Fundera

APRIL 15, 2019

With all the attention paid to maximizing credit card benefits, it’s easy to forget that checking accounts can play an important role in finances, too. As a business owner, if you choose a business checking account that’s the wrong fit for your needs, you could find yourself paying hefty fees. That’s where we come in. Our reviews of business checking accounts can help you compare fees, limits, and benefits.

Transactions 40

Transactions Small Businesses 40

Fundera

APRIL 14, 2019

How to Collect, Report, and Pay Sales Tax. Determine if your product or service is subject to sales tax. Register for a sales tax permit. Calculate the sales tax rate that you must charge. Collect the sales tax at your point of sale or checkout cart. Send sales tax return and payment to the state. Sales tax is one of many types of small business taxes that entrepreneurs are responsible for paying.

Small Businesses 40

Small Businesses Transactions 40

Fundera

APRIL 14, 2019

Wave Payroll Review. Wave Payroll is an easy-to-use platform that works in tandem with Wave’s free accounting, invoicing, and receipt capture software—giving small business owners a complete solution for managing their finances. Costs range from $20 to $35 monthly plus $4 per employee. Canadian tech startup Wave has built a complete system to manage your incoming and outgoing finances—and become a popular tool for small business owners in the process.

Dashboards 40

Dashboards Deductions Credit Card Payments Transactions 40

Fundera

APRIL 15, 2019

Whether you’re a home-based freelancer, the founder of a fast growing tech startup, or a business owner in a hard-to-insure industry, Hiscox insurance can help. Although best known for servicing the technology, consulting, and marketing industries, Hiscox offers small business insurance to a wide range of businesses. Business insurance is important for every small business owner, and there are several different risks that a business has to insurance against.

Insurance Companies 40

Insurance Companies Small Businesses Credit Card Payments Deductions 40

Fundera

APRIL 13, 2019

What Is a C-corporation? A C-corporation is an incorporated business that consists of shareholder-owners, officers, directors, and employees. C-corps pay a 21% corporate income tax, and shareholders also pay personal taxes on dividends. A C-corp can have an unlimited number of shareholders and multiple classes of stock. When starting a small business, it can be advantageous to structure your company as a corporation.

Deductions 74

Deductions Small Businesses Transactions 74