Sat.Nov 23, 2019 - Fri.Nov 29, 2019

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The 23 Most Profitable Businesses in 2020

Fundera

Some people venture into entrepreneurship knowing what industry they want to conquer and what type of business they want to start. However, for many new entrepreneurs, it can be difficult to figure out how to start a business and exactly what kind of business is the best choice. It’s tough to find that perfect idea. We’ve compiled a list of the most profitable small businesses for 2020.

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Asset/Liability Management by the Numbers: How Are FIs Approaching ALM Models?

Abrigo

Key Takeaways A dynamic asset/liability management (ALM) process can inform sound decision-making in both strategy and risk – but not many FIs approach ALM this way. Most FIs outsource their ALM model, rather than using a self-run model. Both have their pros and cons. The majority of FIs report being asset sensitive for earnings and value at risk. Why aren't more FIs using ALM as a decisioning tool?

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Get your invoices paid before Christmas

GoCardless

With many businesses shutting down early this year, here are five ways to make sure you're paid in time for Christmas.

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The 4 Best PEO Companies for Small Business

Fundera

A professional employer organization (PEO) provides comprehensive HR, benefits, payroll, compliance, and other administrative services for businesses of all sizes. By outsourcing these complex, time-consuming, and generally burdensome tasks to PEOs, business owners can focus on larger-scale matters and run their businesses more efficiently overall. But with over 900 PEOs operating in the U.S., it can be a time-consuming and burdensome task in itself to track down the best PEO for your business.

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Ask Your Credit Analysts These Questions to Optimize Deal Flow

Abrigo

Key Takeaways Optimizing loan deal flow involves more than number crunching and processes; don't overlook the human component. Some questions may help identify loan types, industries, and even co-workers who contribute to bottlenecks. Other questions can highlight changes to the work setting that might encourage more efficiency. The human component of optimizing deal flow.

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Tips for Small Businesses to Maximize Their Order Fulfillment Efficiency

Fundera

As a small business owner, you don’t need to be told that managing your company’s day-to-day operations—from business finances to logistics—can be a rewarding, yet exhausting responsibility. . After all, there is a finite amount of resources available—and lots to do. Learning to streamline as many processes as possible can help ensure you and your team are using your time wisely, while also keeping your customers satisfied.

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What Is a Confession of Judgment?

Fundera

Confession of Judgment Definition. A confession of judgment is a clause within a loan agreement that allows a lender, if the borrower has defaulted, to obtain a judgment against the borrower without following regular court procedures. The lender can use the signed confession to garnish the borrower’s bank account or seize assets. Confessions of judgment are most common in merchant cash advances and online loans.

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How to Choose Invoice Payment Terms for Your Business

Fundera

Many business owners don’t give too much thought to their invoice payment terms, choosing instead to follow industry standards or to do things “the way they’ve always been done.” . This can be deadly for your business. Choosing the right invoice payment terms is essential for your business accounting processes, as it can be the difference between positive cash flow and a cash flow crisis.

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How to Create an Invoice in Excel

Fundera

If you’re a small business owner, figuring out how to create an invoice is one of many accounting tasks that likely aren’t your topmost priority. However, invoicing is a critical aspect of your business operations. A HubSpot survey reveals that 46% of small businesses struggle with getting paid on time. Creating clear and accurate invoices helps you get paid—in full and on time.

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How to Start a Retail Business: A Step-by-Step Guide

Fundera

How to Start a Retail Business. Write a business plan. Register your business. Find a physical location and build an online store. Establish relationships with vendors and suppliers. Hire staff. Find the right POS system. Organize your finances. Market your retail business. If you’re thinking about starting a business in the retail industry, you’re in good company.

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Business Loans for Bed and Breakfasts: The Top Options

Fundera

Whether you’re just starting your business, or your doors have been open for a long time, you may find that you’re in need of financing for your bed and breakfast. The good news is that you have a lot of different options for business loans for B&Bs, which can help you grow your business, let you take advantage of opportunities, or enable it to stay solvent during your slower seasons.

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How to Send an Invoice on PayPal

Fundera

For most business owners, administrative and account paperwork probably doesn’t get you fired up in the morning. But these essential accounting tasks , such as creating and sending invoices, are vital to your business’s operations. Sending and tracking your invoices ensures that any pending payments are issued in a timely fashion, after all. And we don’t need to explain to you how important it is for your business to receive payments on time. .

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How to Create an Invoice in QuickBooks

Fundera

If QuickBooks is your business accounting software of choice, you’ll need to know how to create an invoice with the program. After all, creating and sending invoices is one of the most important accounting activities in your business. Many customers won’t pay for products or services without first receiving an invoice. This makes timely invoicing critical to your business’s cash flow. .

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Best Small Business Banks in Seattle

Fundera

One of the most important tools for an entrepreneur is a good business bank account that serves your needs. As a business owner located in the Seattle area, there are a lot of strong business bank accounts that can serve your company—but it takes a little extra legwork to find the best small business bank in Seattle for you. The good news is, this guide can make it easier.

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Should Your Business Accept Cryptocurrency? (Infographic)

Fundera

If you’re like many small business owners, you’ve probably heard of cryptocurrency. It’s a relatively new type of virtual currency that employs unique security features and bypasses traditional central banking structures. Almost 90% of Americans are familiar with bitcoin [1], the most popular cryptocurrency. Meanwhile, the global market for this digital currency continues to grow each year.

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How Does a Tax Loss Carry Forward Work?

Fundera

What Is a Tax Loss Carry Forward? A tax loss carry forward, also referred to as a net operating loss carryover, allows some businesses and individuals to carry forward their losses to offset profit in future years. This carry forward is a way for the government to help businesses weather the tough years. As a small business owner, you may dread handling your business taxes each year.

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33 Tax Breaks for Real Estate Business Owners

Fundera

While owning your own brokerage may have its ups and downs, filing small business taxes is surely not in the “ups” category. But, it’s part of the deal when you’re a business owner. . However, there is some good news: The Tax Cuts and Jobs Act of 2017, sometimes referred to as the Trump tax plan , allows self-employed real estate professionals who earn commissions and meet certain income requirements to qualify for a 20% pass-through deduction (also known as the Section 199A deduction). .