Sat.Aug 15, 2020 - Fri.Aug 21, 2020

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Banks face an imminent credit crisis

Accenture Credit Management

The likelihood of a quick, V-shaped COVID-19 economic recovery is fading in many countries. The impact of the downturn—lower incomes, further job losses, diminished demand and more—is likely to endure, driving many consumer and business borrowers into default. A torrent of delinquencies will cause a new credit crisis that is likely to swamp but not….

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9 Best Business Grants for Black Women Entrepreneurs

Fundera

Top Business Grants for Black Women. SBA 8(a) Business Development Program. IFundWomen. NASE Growth Grants. Minority Business Development Agency (MBDA). Grants.gov. The Amber Grant Foundation. The Red Backpack Fund. Female Founders Fund. Black Girl Ventures. The most recent wave of the Black Lives Matter movement has amplified what Black people in America have known for centuries: Systemic racism is alive and well in America.

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5 Ways Your Transaction Monitoring System Can Detect COVID-19 Related Fraud

Abrigo

Key Takeaways COVID-19-related fraud are not new typologies; they just have a new spin. Update your spike or anomaly scenarios to detect increases (or decreases) in aggregate transactions. Adjusting your velocity scenarios can help detect money mule scams and check fraud. . Experiencing life during a global pandemic is something most people never thought would happen in their lifetime.

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Open Sourcing Our Operations: Comp and Levels at StackSource

StackSource

Transparency is a core value for StackSource. So let's take it up a notch. Here are exactly how Capital Advisor levels and commission compensation work at our company.

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Having Fun with Markdown and Remark

GoCardless

Parse and transform Markdown documents with Remark to introduce a new syntax

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Independent Contractor vs. Employee: What’s the Difference?

Fundera

Difference Between an Independent Contractor and an Employee. The key difference between an independent contractor vs. an employee comes down to taxes. An employer is responsible for withholding taxes, including income tax, social security tax, and Medicare tax from an employee’s paycheck. An employer is not responsible for withholding taxes from an independent contractor.

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Think Like a Lender — 8 Ways Lenders Protect Downside Risk

StackSource

[8 Ways] How do lenders implement risk mitigation? Exactly how professionals protect themselves against downside risk.

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What is target marketing and how can it help my business?

GoCardless

Target marketing can help your business focus on the most receptive buyers.

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Iowa Small Business Grants: The Top Options

Fundera

7 Grants for Small Businesses in Iowa. Iowa Rural Business Development Grant. Iowa GrantWatch. Dream Big Grow Here Grant. The City of Walnut’s Small Business Startup Grant Program. Iowa SourceLink. Amber Grant for Women. National Association for the Self-Employed Growth Grant. Whether you’re an experienced business owner or planning on starting a new business, getting an Iowa small business grant is a great way to earn free money.

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Five Things BSA Officers Need to Know in COVID-19

Abrigo

Key Takeaways BSA officers need to stay aware of emerging fraud trends that are a result of the pandemic. Consider a risk-based lookback for your PPP portfolio to fight fraud. Embrace technology to help your department and institution successfully shift to remote work. The coronavirus pandemic has created a “new normal” for many industries, including the financial industry.

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Five Things BSA Officers Need to Know in COVID-19

Abrigo

Key Takeaways BSA officers need to stay aware of emerging fraud trends that are a result of the pandemic. Consider a risk-based lookback for your PPP portfolio to fight fraud. Embrace technology to help your department and institution successfully shift to remote work. The coronavirus pandemic has created a “new normal” for many industries, including the financial industry.

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How to Manage Restaurant Finances

Fundera

Before you can open the doors to your restaurant, you need a plan in place for how to manage restaurant finances. It’s far less romantic than writing a restaurant menu or designing your space, but it’s just as crucial as having great food. And restaurant finances can be complicated—there are lots of things to consider so you don’t cut into your margin or overorder.

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Asset Turnover Ratio: Formula, Examples, How to Improve It

Fundera

The Asset Turnover Ratio Formula. The asset turnover ratio formula is net sales divided by average total sales. It is an accounting formula that allows a business to see how efficiently they’re using their assets to create sales. A good asset turnover ratio will differ from business to business, but you’ll typically want an asset turnover ratio greater than one.

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BizFilings Review 2020: Pricing, User Reviews, Alternatives

Fundera

When you first started your business, a sole proprietorship or general partnership may have been the best fit. But as your business grows, you may find it’s time for a different business entity—one with greater personal liability protection or more clearly defined structural processes. That’s where an online legal service like BizFilings comes in. BizFilings, helps business owners incorporate their business , among other offerings.

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The Best Dropshipping Products to Sell in 2020

Fundera

14 Top Dropshipping Products in 2020. Slime. Wireless chargers. Digital thermometer gun. Shower head wraps. Shapewear. Novelty socks. Silicone food covers. Travel makeup brushes. Bluetooth speakers. Teeth whitening kits. Face masks. Insulated bottles. Smart watches. Magnetic charging cables. Dropshipping is an easy, affordable, and effective way for entrepreneurs with big dreams and fast timelines to break into the world of ecommerce.

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The Benefits of a Virtual CFO

GoCardless

Virtual CFOs handle the duties of traditional CFOs on a remote, part-time basis

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What Does Impairment Mean in Accounting?

GoCardless

Find out more about what is meant by impairment of assets with our easy guide.

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What is a Pro Forma Statement?

GoCardless

Explore the benefits of pro forma financial statements with our simple guide.

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What Are Abridged Accounts?

GoCardless

Abridged accounts are simplified versions of your business’s full accounts.

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Why differentiation in business matters

GoCardless

Learn more about the definition of differentiation in business, right here.

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Commercial invoice vs. VAT invoice: what’s the difference?

GoCardless

Explore the main differences between VAT invoices and commercial invoices.

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How to Create a Paperless Office

GoCardless

Discover how to run a paperless office with our comprehensive guide.

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Accounts payable: everything you need to know

GoCardless

Read about accounts payable in a little more depth with GoCardless.

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What is SaaS? Our Complete Guide to Software as a Service

GoCardless

What is SaaS? Find out more about the benefits of the SaaS model.

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The Definitive List of Holidays for Small Business Marketing

Fundera

What did your business do for Bubble Wrap Appreciation Day (January 27) this year? How about National Cheese Day (June 4)? Nothing? For small businesses, holidays should account for much more than Thanksgiving and Christmas. There are dozens of holidays in a calendar year, which means ample opportunity for marketing campaigns. Small business marketing should be creative, considering you’re competing against not only other small businesses, but global brands too.