Fundera

MARCH 2, 2018

Come tax season, the nice thing about small business income taxes (yes, there’s a nice thing ) is that they’re generally fairly predictable. From an accountant’s perspective, a small business owner’s taxes follow a pattern of calculating, reporting, and paying that repeats on a set schedule. In the case of business income taxes, the schedule is most often a series of quarterly estimated payments in combination with an annual business income tax return.

Small Businesses 98

Small Businesses Deductions Credit and Collections 98

GoCardless

MARCH 2, 2018

The ultimate guide to getting paid on time for SME accountancy firms. We guide you through 5 practical, low-cost, high-impact tactics that will reduce your firm's average payment times and debtor days.

Accounting Firms 52

Accounting Firms 52

Fundera

MARCH 2, 2018

Running an ecommerce business—especially running it with some semblance of efficiency—is incredibly difficult. You have to stay focused, of course, but you also need to be on as many sales channels as possible for the search engine benefit. And there’s your own website, of course, but then you also need to think about expanding into Amazon, eBay, Walmart, Groupon … any number of places where your product will be in front of your target customer.

Transactions 82

Transactions Deductions Default 82

Fundera

FEBRUARY 26, 2018

It might come as a surprise that business credit card applications typically require your personal social security number. One of the main reasons to get a business credit card is to make sure that your personal finances and your business finances stay tidily isolated. (It’s super important for your accountant to make sure your taxes are squeaky clean!).

Credit Scoring 77

Credit Scoring Small Businesses 77

Fundera

MARCH 1, 2018

If you’ve started perusing options for small business loans , you’re likely scribbling down lots of questions about the loan process and what you’ll need to qualify. Among them is how much collateral is needed to secure a small business loan. The very short answer: It depends. Sometimes none at all, but other times it’s hard to put a concrete number on it.

Small Businesses 68

Small Businesses Default Credit and Collections 68

Fundera

FEBRUARY 26, 2018

You have a lot to do running a small business—and your own books generally isn’t one of them. Why should you be concerned with mastering even the most basic accounting principles when you have bigger fish to fry? After all, didn’t you hire an accountant so you wouldn’t have to study this sort of thing? . Well, theoretically yes. But knowing basic accounting principles—or at least the gist of them—will help you understand why that accountant you hired is doing such seemingly specific things.

Small Businesses 68

Small Businesses Revenue Recognition Transactions 68

Fundera

FEBRUARY 27, 2018

As a soon-to-be-former solopreneur, you have every right to be nervous (read: terrified) hiring your first employee. After all, this business—your business—is everything to you, and bringing on another person not only requires precious time, money, and energy … but how do you know if this person will care as much as you do? It’s risky. Of course. There’s no other way to put it, and we totally get it.

Small Businesses 57

Small Businesses 57

Fundera

FEBRUARY 26, 2018

Whether you are coming up with a fresh marketing campaign or dreaming up innovative product ideas, brainstorming is essential for businesses of all sizes and types. Though fresh ideas are essential to the success of a company, learning how to brainstorm is a tough skill to master. Creativity doesn’t grow on trees, and good ideas must be consciously cultivated.

52

52

GoCardless

FEBRUARY 28, 2018

We talked to accountancy practice owners and advisors to discover their top tips for financial success in 2018 – and, if they could go back in time, what words of advice they would give to their younger selves.

52

52

Fundera

MARCH 1, 2018

Business loans from major U.S. banks are a highly coveted score among business owners—and Citibank’s small business loans are no exception. Term loans directly from large banking institutions are often offered at longer maturities, lower interest rates, and in larger amounts. But because they’re great products, those major bank loans are the hardest loans to get a hold of.

Small Businesses 49

Small Businesses Credit Scoring 49

Fundera

FEBRUARY 28, 2018

Bitcoin mania, startup unicorns, blockchain technology, ICOs vs. IPOs—and lots of other things that don’t sound real but completely are. Welcome to the world of modern business! If you’ve been lost on the definitions on any of these, you’re not alone. This world moves very fast. Since it’s impossible to go through everything, let’s focus here on the difference between ICOs vs.

Credit and Collections 45

Credit and Collections Credit Scoring Small Businesses 45

Fundera

FEBRUARY 28, 2018

If you’re a business owner who constantly shells out working capital for electronics, you might be wondering if there’s a Best Buy business program for people just like you. And your hunch is right, because there are Best Buy perks for business owners. But it’s not a Best Buy business credit card like you might think. There’s no actual Best Buy business credit card, but Best Buy does offer a Best Buy Business Advantage Account.

Small Businesses 45

Small Businesses 45