Sat.Jun 06, 2020 - Fri.Jun 12, 2020

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Main Street Lending Program Broadened to Attract More Lenders, Borrowers

Abrigo

Key Takeaways The soon-to-begin Main Street Lending Program (MSLP) aims to fulfill a need for mid-sized businesses to access relief funds amid the coronavirus pandemic. The MSLP was introduced in April, but the scope of the program has changed several times to increase participation. The latest changes include lowering the minimum loan size, raising the maximum loan size, extending the maturity of each loan option, and increasing participation from the Reserve Bank.

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PPP Loan Forgiveness Guide for Self-Employed Workers

Fundera

In many ways, self-employed workers have had a more difficult time accessing and using Paycheck Protection Program loans than other small businesses. From the application process to forgiveness guidelines, self-employed workers have been scrambling to understand how this forgivable loan program works for them. . The SBA made PPP loans available to self-employed workers later than business owners with employees.

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5 Proven Strategies to Increase Tenant Retention

StackSource

Most experienced landlords and property managers will agree that tenant turnover is often one of the largest expenses for rental property owners. Here are 5 ways to avoid it.

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Pride month: Living and working with pride

GoCardless

This week celebrating Pride month, we hear from Drew, Head of Internal Comms.

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Ensuring AML Programs Minimize Personal Liability

Abrigo

Key Takeaways The recent case where a former top risk officer was fined reminds financial institution executives and BSA professionals of the personal liability tied to implementing and maintaining effective AML programs. The former Chief Operational Risk Officer was fined for insufficient action on AML program deficiencies and staffing issues. Adequately staffed and risk-focused AML resources with good documentation are critical.

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SBA Community Advantage Loans: The Comprehensive Guide

Fundera

In comparing your options for small business loans , you’ve likely come across SBA loans. From the traditional 7(a) loan to the CDC/504 loan, these partially government-guaranteed loans offer some of the best terms and rates on the market. If you’re a startup or business owner with average credit, however, you may feel alienated by the strict requirements necessary to qualify for many SBA loan programs.

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How to make a financial plan for a start-up

GoCardless

Learn how to write a financial plan for a start-up business with our easy guide.

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Benefits of Leveraging Technology for Document Preparation

Abrigo

Banks and credit unions closed their lobbies and branches amid shelter-in-place orders in response to the coronavirus pandemic. Financial institutions that had already made the shift towards digital offerings found themselves with a distinct advantage to serve their customers and members. Technology has enabled financial institutions to operate more quickly and efficiently, creating a better experience for customers.

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7 Tips for Selling Online in 2020

Fundera

Opening an online store is an exciting and potentially lucrative endeavour. But as you might imagine, starting and running an ecommerce business takes time, effort, resources, patience, and dedication. . Even after you’ve gone through all the steps to create, launch, and market your store, you’ll find that running an ecommerce business is a constant learning process.

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7 Top 401(k) Providers for 2020

Fundera

7 Best 401(k) Providers. ADP. Betterment for Business. Charles Schwab. ShareBuilder 401k. Fidelity Investments. T. Rowe Price. Merrill Edge. Regardless of your business’s size, offering your employees a retirement savings plan is a crucial part of any HR operation. Not only will offering comprehensive employee benefits draw top talent, but it’ll make your current employees feel valued and provide them peace of mind that they’re making the right financial decisions for their future—and happier e

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What Is a Target Audience?

Fundera

No matter how great your business’s products or services are, you need a comprehensive marketing strategy to help spread the word. While you may be tempted to market your business to everyone or simply guess to whom you’re marketing, these would both be costly mistakes for your business. That’s why finding a target audience is so important—it’ll give you deep, crucial insight into who your customer really is, what their habits are, and how you can better reach them.

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The Difference Between an Angel Investor vs. Venture Capitalist

Fundera

If you’re starting a business and looking for funding via investment, it’s important to know how several aspects of the venture financing landscape work. This includes the difference between angel investor vs. venture capitalist, and which of the two is more relevant to your business goals at your current stage. The world of venture capital and venture financing is complicated, so the more you understand, the better you’ll be able to position yourself to pitch investors and, hopefully, receive f

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Justworks vs. Namely 2020 Comparison: Which Is Right for Your Business?

Fundera

When it comes to running your business’s human resources operations, you don’t want to get anything wrong. For a small business, HR can cover everything from timesheets and payroll to benefits administration and onboarding. Whether you have a dedicated HR professional on staff or not, HR software can be a gamechanger for any business. . Two names in the industry you may have come across are Justworks and Namely.

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How to Start a Cookie Business

Fundera

Starting a Cookie Business in 7 Steps. Plan your business. Choose a business name. Choose a business entity and register your business. Register for taxes. Obtain permits, licenses, and insurance. Separate your finances. Market your business (and start selling). For lots of folks, baking cookies is a rewarding hobby or creative outlet. But if you’re willing to put some elbow grease into it and work through some not-so-fun logistical hurdles, you can absolutely start a business in this tasty indu

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How to Make Money on Shopify

Fundera

Shopify is an ecommerce platform that’s ever-increasing in popularity, especially as consumers shift to online shopping more and more. One of the best parts about Shopify is how easy it is to use for both retailers and their customers. Better still, Shopify makes it easy to get started as a seller as well. . Whether you own an existing small business that you’re looking to bring online, or if you’re looking to make money with Shopify through a new venture, there are a few different ways to do it

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How to Finance a Small Business with Bad Credit

GoCardless

Is getting a small business loan with bad credit possible? Read on to find out.

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How to create a secure payment page

GoCardless

Find out everything you need to know about how to create a secure payment page.

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How Do I Pay My Self Assessment Tax Online?

GoCardless

Find out how to make a Self Assessment tax return with our step-by-step guide.

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When Should Your Business Issue an Invoice?

GoCardless

At what point should your business issue an invoice? Read on to learn more.

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Operating Cash Flow vs. Free Cash Flow

GoCardless

Is operating cash flow the same as free cash flow? Find out with our guide.

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What is customer lifetime value (CLV)?

GoCardless

Customer lifetime value is an important, customer-centric metric. Read on.

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How to increase customer engagement for SMEs

GoCardless

Find out more about the best ways to engage customers for SMEs right here.

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A guide to contactless payment cards

GoCardless

Learn about contactless card caps, how to use contactless cards, and more.

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ROAS vs. ROI: what’s the difference?

GoCardless

Understand the difference between ROI and ROAS with our definitive guide.

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PCI fines and penalties

GoCardless

Find out everything you need to know about PCI DSS fines and penalties.

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Cash flow hedge vs. fair value hedge

GoCardless

Want to know more about cash flow hedge vs. fair value hedge? Read on.

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What is IRR and how do you calculate it?

GoCardless

Our comprehensive guide to the IRR formula and how to calculate IRR.

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How do I accept a recurring payment online as an SME?

GoCardless

Find out more about the best recurring payment system, right here.

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Online small business accounting and bookkeeping

GoCardless

Find out more about online bookkeeping for a small business.