Abrigo

AUGUST 6, 2019

The Financial Crimes Enforcement Network (FinCEN) is tasked with protecting the financial system both within the United States and internationally. Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. At the recent NYU Law Program on Corporate Compliance and Enforcement , FinCEN Director Kenneth A.

Transactions 105

Transactions 105

Fundera

AUGUST 9, 2019

Entrepreneur quotes can be a great source of inspiration for those starting their own business. After all, words matter. They have the power to influence us, change our moods, our attitudes, and our lives. Launching a business is not easy, and some days it helps to hear entrepreneur quotes to stay motivated and remember what you’re working so hard for.

Small Businesses 74

Small Businesses 74

GoCardless

AUGUST 5, 2019

The in-depth guide to Strong Customer Authentication (SCA), including what the new requirements mean for businesses with recurring revenue and key exemptions you can leverage.

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52

Abrigo

AUGUST 9, 2019

The current expected credit loss model, or CECL. Modernization of the Community Reinvestment Act. The shifting shape and effect of fintechs on banking. Libra and other forms of digital currency and their impact. Financial institutions are dealing with enormous change these days. Banks and credit unions must learn about these upcoming changes, adjust for them, and meanwhile continue to operate their existing institutions and meet customers’ needs while following all of the regulations that come w

CECL 60

CECL Credit Unions Credit Risk 60

Abrigo

AUGUST 7, 2019

The Aug. 2 Bureau of Labor Statistics Employment Situation report for July was about in line with expectations. The report said 164,000 payroll jobs were added (consensus expectations ranged from 156,000 to 165,000, depending on who was doing the surveying) and the headline unemployment rate (U3) held steady at 3.7%, although it was expected to tick down 0.1 percentage point.

Credit Risk 60

Credit Risk 60

Abrigo

AUGUST 5, 2019

“I don’t think there’s any more important topic at this time in our recovery in the economy and the state of community financial institution management,” said Dave Koch, Managing Director of Advisory Services at Abrigo on the topic of core deposits. “Deposits are a thing that we have coveted for a while and became quite easy. Now once again we’re back to the question of, where do I go to get more deposits?

Transactions 60

Transactions CECL 60

Fundera

AUGUST 7, 2019

What Is a Professional Limited Liability Company (PLLC)? A professional limited liability company (PLLC) is a business structure that offers personal asset protection for business owners in licensed occupations, such as medicine and law. Only recognized in some states, PLLCs are subject to the same laws as ordinary LLCs. However, the licensing board must verify each owner’s professional license and approve the PLLC’s articles of organization.

Law Firms 54

Law Firms Credit and Collections Transactions 54

Fundera

AUGUST 6, 2019

Revenue is the primary focus of many business owners, and with good reason. Getting money flowing into your business is the first step toward success and profitability. In fact, without revenue you don’t have a business. Since revenue is so important, it must be easy to understand, right? Isn’t any money coming into the business revenue? Actually, not all money coming into your business is considered revenue.

Nonprofit Organizations 50

Nonprofit Organizations Deductions Small Businesses 50

Fundera

AUGUST 5, 2019

7 Steps to Starting a Business in North Carolina. Write a business plan that addresses your business’s purpose and financial goals. Determine your business entity type, business name, and register your business. Figure out your tax, licensing, and employer requirements. Obtain business insurance. Set up separate business finances. Secure funding for your business.

Small Businesses 49

Small Businesses Credit Unions Credit Scoring 49

Fundera

AUGUST 3, 2019

Double-entry accounting might sound like something you want to avoid. After all, “double entry” implies twice the work, and keeping track of all your business accounting tasks takes too much time as it is. Despite the connotation of the name, maintaining a double-entry accounting system doesn’t take any more time than maintaining a single-entry system.

Transactions 45

Transactions 45

Fundera

AUGUST 9, 2019

Shopping cart abandonment is a frustrating reality that virtually all eommerce companies face in their online checkout lines. On average, 75.6% of all online retail purchases are abandoned before customers click “complete.” Keep reading for more information on shopping cart abandonment, or jump to our infographic and discover 9 ways to stop cart abandonment in its tracks.

40

40

Fundera

AUGUST 9, 2019

Whether you run an art studio, karate dojo, beauty salon, or another class- or appointment-based business, you rely on accurate scheduling and quick payments. In fact, for most entrepreneurs, this means keeping track of a schedule that can sometimes feel like a second job in its own right. It’s not as simple as keeping your own employees to a shift schedule, as you might have to do in other industries.

Small Businesses 40

Small Businesses 40

Fundera

AUGUST 8, 2019

How to Start a Business in Colorado. Select a Business Name and Entity. Write a Business Plan. Register the Company with the State. File for a Tax ID (EIN). Secure Business Licenses and Permits (as Necessary). Open a Business Bank Account and Consider Business Financing. It may not be the most straightforward thing to do, but starting a business is a dream for most people.

Small Businesses 40

Small Businesses Credit Unions Transactions 40

Fundera

AUGUST 8, 2019

Rezku POS Review. Rezku POS is a restaurant POS system jam-packed with features and tools. Along with the typical menu, floor plan, inventory, and employee management features that come in most POS systems, Rezku will provide you with integrated caller ID, a food cost calculator, customer facing displays, and much more. Pricing is quote-based. Rezku POS is a fairly new player in the merchant services market.

Transactions 40

Transactions Dashboards 40

Fundera

AUGUST 8, 2019

The process of hiring summer interns starts long before the summer season arrives. Most college students find themselves ready to start an internship as early as May and sometimes applying for some of the most competitive internships as early as January or February. If you’re thinking about hiring summer interns, there are a few things to consider, and finding the right ones can seem near impossible.

Small Businesses 40

Small Businesses 40

Fundera

AUGUST 7, 2019

Just like every employee you have is different, every business is different too, which means that the best operations services for one company may not be the best for another. The same holds true for payroll services —a vital component of any business that has employees and wants to make sure they’re paid accurately and on time. . There are plenty of payroll services to choose from, but it can be hard to tell the difference between them all and determine which ones stand out or offer the feature

Small Businesses 40

Small Businesses Deductions 40

Fundera

AUGUST 6, 2019

Running a business is a challenge, regardless of what kind of industry you’re in. But when you’re running a business that relies on class schedules and bookings, you’re managing more than just your company—you’re also managing attendees and clients too. This can make for some logistical challenges at best (and logistical nightmares at worst). As a class-based business proprietor, you have a ton of needs to juggle, including class attendance and customer satisfaction.

Small Businesses 40

Small Businesses Transactions 40

Fundera

AUGUST 6, 2019

Some of the best businesses out there are those that always have a constant customer demand. If you’ve ever needed to rush out for a carton of eggs or a late-night snack, you know how clutch a convenience store can be. As a convenience store owner, your business is the lifeblood of a community, especially if your business is in a city or large town.

Credit and Collections 40

Credit and Collections Small Businesses Credit Scoring Transactions 40

Fundera

AUGUST 5, 2019

Insurance helps individuals, families, and businesses handle unforeseen challenges. It offers entrepreneurs with a potentially lucrative line of work as well. If you’ve wondered how to get business loans for insurance agents, you’re likely looking to start your own business or keep it running smoothly. The good news is, you’re probably pretty good with numbers if you’re working in the insurance business.

Credit Scoring 40

Credit Scoring Invoice Amount Small Businesses 40

Fundera

AUGUST 5, 2019

Keeping an organized schedule is a challenge for most people. For entrepreneurs? Forget it. Between client meetings, business pitches, internal catch-ups with employees, and prospective interviews with new clientele, it can be impossible to run a tight shift with your tight schedule. This is doubly true for businesses that rely on scheduled appointments with their customers; the last thing you want to do is forget about your key client’s visit or double-book an employee’s services. .

Small Businesses 40

Small Businesses Transactions 40

Fundera

AUGUST 4, 2019

When your business operates on appointments, you want to make it as easy as possible for your potential customers to check availability and book a service. If the booking experience is complicated or buggy, that can translate to lost customers. To make sure their booking process runs smoothly, many business owners turn to appointment scheduling software.

Dashboards 40

Dashboards Small Businesses Transactions 40

Fundera

AUGUST 3, 2019

If you’re in the market for a merchant services provider you may have already heard about Host Merchant Services. The chances that you’ve heard of them are even higher if you’re what’s considered a “high risk” business, because they offer services specifically for businesses like yours. . High-risk businesses include those that process foreign currency, are in an industry with traditionally high chargeback rates or higher rates of fraud, and businesses in certain industries like pawn shops and a

Credit and Collections 40

Credit and Collections Debt Collections Transactions Small Businesses 40

Fundera

AUGUST 7, 2019

Your small business HR resources—whether they’re in-house or outsourced—likely handle everything from recruitment and hiring to payroll and benefits. And the process of reviewing and hiring new employees can be especially nerve-wracking, just as much so for you as it is for the candidates themselves: How can you be as certain as possible that these potential new hires are reputable, trustworthy, and, at the very least, are who they say they are?

Small Businesses 40

Small Businesses Dashboards 40