Fundera
NOVEMBER 10, 2017
November is the newly anointed National Veterans and Military Families Month. It’s an opportunity to celebrate and commemorate the people who have sacrificed so much to protect our freedoms. But what often goes unacknowledged is how veterans continue to serve our society once they return home from their military service—including contributing to our growing economy by starting businesses and employing other veterans.
Abrigo
OCTOBER 10, 2017
By John Brown, Founder of Business Enterprise Institute, Inc. Setting goals is critically important when you approach the inevitable exit from your business. Without goals, even the strongest systems fail, as they have no purpose to work toward. Your goals are what guide your process toward a successful exit, and without them, you will find wheels spinning in the mud of indecision.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Fundera
SEPTEMBER 2, 2017
As a small business owner, you probably don’t have a lot of time. But it’s important to carve out a bit of time to network, especially with other small businesses. You’re probably thinking, “But time is money,” and you’re right. If done correctly, this small investment of time could be worth a lot of money. Networking is a great way to generate business leads, whether it’s a new partner for a future project or a new customer.
Fundera
SEPTEMBER 27, 2017
Getting the word out about your business is one way to make sure it succeeds. Indeed, many aspects of your business may depend on it. Overall, “marketing” can mean many different things: from advertising and public relations to promotions and sales. In other words, marketing is a process in which your business is introduced and promoted to potential customers.
Fundera
JULY 31, 2017
Online marketing is vital for any small business hoping to stay competitive. But what online marketing tactics should you focus on in your limited time is a busy entrepreneur? Here are 10 essential digital marketing tips for small business owners. 1. Start with Your Website. “Make sure you have an updated, mobile-friendly website that is easy for users to navigate across all devices and has a modern, clean design.”.
Fundera
JANUARY 24, 2017
If you’re a wannabe entrepreneur gearing up to start a business or you’ve just recently opened your doors, there’s a lot of uncertainty ahead of you. You can’t be sure how your product will evolve, who your first employee will be, or if you’ll even make it through the many challenges of entrepreneurship. If you’re wondering what percentage of small businesses fail, we don’t blame you.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Fundera
JULY 19, 2017
Virtual bookkeeping services are becoming more and more common. I recently flew across the country to meet with a client I’ve been working with remotely for over a year. He’s a rare exception. I have many clients with whom I’ll never meet in person. The Ecosystem. Here’s an example of how I am able to work virtually with clients. It’s all about the apps.
Fundera
NOVEMBER 25, 2017
One of the most important parts of running a business is keeping your finances in order. If you’re making major mistakes on your tax returns or regularly going over budget, it doesn’t matter how wonderful your product or service is or how qualified your employees are. You and your business are in trouble. Hiring a person or a team of people to work with you on keeping diligent financial records, filing taxes, applying for loans, and planning for the long term is one of the best decisions you ca
Fundera
JULY 14, 2017
It’s no secret that Intuit’s QuickBooks has dominated the accounting software market for the better part of two decades. In fact, 2015 estimates put the company at 80%-90% market share serving over 29 million businesses in North America alone. For the past few years, however, competition in the field of cloud-based accounting software has been heating up.
Fundera
DECEMBER 12, 2017
Developing a small business marketing budget is a critical step in any marketing plan. Without one, you’ll run the risk of over- or under-spending on marketing—and seeing an impact on your bottom line. Coming Up with a Small Business Marketing Budget. Every small business must invest in marketing in order to grow. But how much should you spend on marketing, and what should you spend it on?
Fundera
MARCH 9, 2017
Do you think financing a small business’s startup and expansion is as easy as obtaining a free grant from the government? You might (almost) be excused for believing that Uncle Sam is handing out bags of free money to anyone with two X chromosomes. In addition to late-night infomercials about government grants, dozens of articles full of misinformation about small business grants for women can be found online, full of vague terms and hazy promises like “The government offers a wide range of gran
Fundera
OCTOBER 2, 2017
Did you know October is Women in Small Business Month? According to the Small Business Administration , there are more than 11 million woman-owned businesses in the U.S. That’s 38% of all businesses, supporting nearly 9 million jobs and generating $1.6 trillion in annual revenues—something worth celebrating all year round! But as the gender gap in business fights to close, it’s important to take this month to reflect on how you can support the cause.
Fundera
NOVEMBER 4, 2017
Do you hire, manage, and pay employees? If so, you’re probably aware of how tough payroll and HR can be. There are forms to fill, checks to sign, taxes to pay, regulations to comply with, paid time off to track, and so much more. And if you make even a single mistake, you could wind up paying off those fines and fees. ( 1 in 3 business owners experience this, in fact!).
Fundera
OCTOBER 17, 2017
Many new small business owners rely solely on their bookkeeper or accountant to explain their financial statements to them. While nothing can replace the advice of a skilled financial advisor, having a basic understanding of important accounting concepts can give you peace of mind and confidence you’re making the right decisions in your business.
Fundera
AUGUST 31, 2017
If you’re thinking of starting a business, why not start an eco-friendly business? What’s an “Eco-Friendly” Business? An eco-friendly or “green” business is a business that demonstrates commitment to an environmentally sustainable future. Green businesses strive to have a positive impact on the environment and their community. This can be achieved through many practices and strategies, from recycling to sourcing local products and promoting energy efficiency.
Fundera
NOVEMBER 9, 2017
Balance sheets? Cash flow forecasts? Business debt schedules? Debt service coverage ratios? Finding a loan? That stuff is easy …. At least, compared to small business health insurance. Figuring out small business health insurance is notoriously one of the most difficult, complicated, frustrating, and stressful parts of running your own business. Everyone needs it—but nobody understands it.
Fundera
FEBRUARY 28, 2017
Payroll can be a very tricky business, and of course, that means it is easy for us to overcomplicate things (and many do). So many small businesses turn to a payroll service that is integrated with QuickBooks because there isn’t much to do bookkeeping wise. This makes a strong case for using one of these services, but as with everything, there is a downside.
Fundera
MAY 10, 2017
With 28 million small businesses making up 99.7% of all U.S. firms , small business is big for the United States’s economy. But what exactly do these small businesses look like? The government—specifically the Small Business Administration —can help you answer that question. Here’s exactly how the SBA defines small business and why they set these definitions in the first place.
Fundera
FEBRUARY 3, 2017
Many new mothers view raising children and growing a family as a full-time job. But more and more mothers are taking on the full-time job of raising children while running a business at the same time. And from those ambitious and inspiring mothers, we have the rise of mompreneurs in the small business space. If you’re an aspiring mompreneur, looking to make the most out of your past experiences, skills, and current schedule, what are some of the best businesses to start?
Fundera
APRIL 4, 2017
What is your business worth? Remember that article I wrote about your balance sheet a while back? That’s where you can find the very literal answer to the above question. The book value of your business, or total equity, is what your business is worth at a given moment in time. But it’s never the value used when valuing a business for purposes of a sale or investment.
Fundera
JULY 24, 2017
Starting your own business is a daunting task. And keeping your established business moving forward can be just as challenging. To get over the many hurdles starting and running a business presents, entrepreneurs need to stay productive and push through. If you need a little motivation to keep grinding away, here are 16 entrepreneurs’ favorite quotes on productivity in the workplace.
Fundera
JANUARY 26, 2017
“Free money.” If you’re starting or running a business, nothing sounds better. Sadly, there’s no such thing…. Unless you count small business grants. Unlike business loans , grants don’t need to be repaid, so there’s no worry over term length, interest rates, APR, or refinancing. You just need to qualify, and boom—free money. There are two caveats, though.
Fundera
AUGUST 16, 2017
When it comes to finances, small business owners have their work cut out for them: Not only do they need to manage their business’s finances, they have to manage their personal finances, too. And with personal and business priorities not always aligning, sometimes the task of managing both can feel like a juggling act. But as a small business owner, you can’t lose sight of your personal finances.
Fundera
JUNE 20, 2017
There are so many amazing apps that sync with QuickBooks —it’s difficult to choose just five. But after careful deliberation and reflection on my own experience with these apps, I think we’ve come to the right conclusions. Below you’ll find the five must-have apps that will make your life easier when you use them in conjunction with QuickBooks. 1. Billbeez.
Fundera
JUNE 9, 2017
Invoicing is one of those inevitable things every business encounters. It is the bill you send when the job is done, the document you use to charge for your work. In most countries, invoicing is regulated and required by law, so every company should keep such records for taxation purposes. But invoicing should not be taken lightly. The process is more than just preparing invoices in your preferred invoicing software.
Fundera
OCTOBER 2, 2017
When it comes to the future of your business, filing for bankruptcy might seem like the absolute worst thing that could happen. And, yes, it will show up on your credit report, which might put you at risk of getting rejected by certain long-term lenders. However, filing for bankruptcy is not necessarily a death sentence—in fact, it could mean the difference between sinking or saving your business.
Fundera
JANUARY 17, 2017
In the beginning, bookkeeping for small business was traditionally defined as simply entering your financial transactions. If this is still your definition of bookkeeping for small business, you may just be living in the dark ages. There are very few financial transactions to enter anymore. Where Is Bookkeeping for Small Business Now? When I go to dinner with a client or a prospect, I hand over my debit or credit card.
Fundera
JANUARY 6, 2017
I’m writing this from the plane—35,000 feet high, on a Delta flight from Detroit to Tampa—and my clients have no idea that I’m going to be gone for 11 days. Why not, you ask? The answer is this: online bookkeeping. This post isn’t about the different options for online accounting software ; I’m going to talk to you about why choosing to do online bookkeeping is the best option for any small business.
Fundera
MAY 11, 2017
Customer appreciation doesn’t have to be complicated or expensive. With a little creativity and thoughtfulness, you can show your customers just how much you appreciate their business. Recognition, a kind note, or thoughtful gifts can deepen business relationships tremendously. Customer Appreciation Ideas: Get Creative. German professor Armin Faulk proved the power of giving : In one of his experiments, donor solicitation letters that contained gifts garnered 17%-75% more in donations tha
Fundera
JULY 16, 2017
Ask any business owner what they want, and the answer will almost universally be the same: more customers. While it’s easy to give that answer, actually following through is the hard part. Especially when you’re a small business owner trying to compete with the big brands. That’s why so many small businesses are turning to social media.
Expert insights. Personalized for you.
112 
Let's personalize your content