Lendio

APRIL 1, 2024

Here are some free resources and services that will help you grow as a business and a businessperson. US Small Business Administration. The agency’s business plan worksheets are fantastic for those just starting up or those seeking another round of funding. No matter what your business, networking is critical.

Small Businesses 98

Small Businesses 98

Lendio

MARCH 25, 2024

According to the Corporate Finance Institute , the average net profit for small businesses is 10%, while 20% is considered good. Big companies have more leeway for spreading out or reducing costs through automation than small businesses. 1.85% Source: NYU Stern School of Business; data compiled Jan.

Small Businesses 98

Small Businesses 98

Abrigo

MAY 2, 2024

Boost your small business lending efforts from the bottom up Small businesses play a crucial role in our economy, and one of the critical factors in their success is access to funding. You might also like this guide for smarter, faster small business lending.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88

Due

OCTOBER 12, 2023

Starting your own small business is no small task. With a growing digital presence, businesses need to stay abreast with the latest developments. However, small business owners can now avail of numerous online resources, including free online business courses.

Small Businesses 105

Small Businesses 105

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending.

Credit Unions 97

Credit Unions Small Businesses Credit and Collections Credit Risk 97

Lendio

DECEMBER 8, 2023

Navigating the world of small business financing can seem like a daunting task, especially when you’re just getting started. One of those resources is small business grants, essentially free money that you don’t have to pay back. But don’t fret—there are resources available to help you on your journey.

Small Businesses 98

Small Businesses Credit Scoring 98

Lendio

MARCH 19, 2024

So it’s no wonder that one of their most popular philosophers, Confucius, has a number of quotes related to running a business. Here are 5 of the best quotes by Confucius on running your small business: Perseverance “It does not matter how slowly you go so long as you do not stop.” What about you?

Small Businesses 98

Small Businesses 98

Lendio

DECEMBER 7, 2023

When you’re looking at business loans for the first time, you might be overwhelmed by all of the information you need to understand to feel confident in your decision. Small business loan terms vary significantly depending on the type of financing and structure. Compare options for a small business loan today.

Small Businesses 98

Small Businesses 98

Your Virtual Credit Manager

MARCH 13, 2023

World class receivables management involves efficiently converting orders to cash while minimizing profit dilution. Many times companies find it challenging to do this, and when that happens, working capital and cash flow are impacted.

Credit Management 130

Credit Management AR Automation Small Businesses Credit and Collections 130

Lendio

MARCH 19, 2024

Several of the most common reasons for small business failure come back to the lack of cold, hard cash. Let’s start with a simple angel investors definition: An angel investor is someone who provides capital to an entrepreneur or small business in its very early stages. How to find angel investors for your small business.

Small Businesses 98

Small Businesses Nonprofit Organizations 98

Due

MAY 10, 2023

Did you know that over 50% of small businesses fail in the first five years? In most cases, a lack of financial freedom is the main reason these businesses fail. Small business owners face various challenges in managing their finances, from bookkeeping and accounting to tax compliance and cash flow management.

Small Businesses 113

Small Businesses Deductions 113

Lendio

APRIL 1, 2024

As a small business owner, you’re always on the go, tackling your ever-growing to-do list. And that’s why podcasts are the perfect go-to resource for busy small business owners. And that’s why podcasts are the perfect go-to resource for busy small business owners.

Small Businesses 98

Small Businesses 98

Accounting Department

MARCH 6, 2024

Job costing is a vital tool in the small business owner's kit, especially for those operating in the service industry, construction, and manufacturing.

Small Businesses 88

Small Businesses 88

Lendio

MAY 28, 2024

More than 30% of American small businesses are not approved for at least some of the funding they apply for. If you’re concerned that you might fall into that category, read on—these are the documents you’ll need to apply for a small business loan or other financing. Documentation requirements for SBA loans.

Small Businesses 98

Small Businesses Credit Scoring Transactions 98

Lendio

MAY 6, 2024

However, there are still plenty of small businesses that operate exclusively in cash—and will continue to do so for years to come. Banks, credit card companies, and financial media outlets will tell you that you should definitely accept credit cards as a small business. Why accept credit cards?

Credit Card Payments 98

Credit Card Payments Small Businesses Credit and Collections Transactions 98

Lendio

APRIL 30, 2024

Given the potential impact financing can have on your business, you need to find the best place to get a small business loan. Lendio reviewed the largest SBA lenders and national banks to find the ones with the best small business loan options. Let’s look at some of the prime bank options available to you.

Small Businesses 97

Small Businesses Credit Scoring 97

Eagle Business Credit

OCTOBER 12, 2023

Many small business owners have been turning to accounting software for their bookkeeping needs. Software can be used with or without an accounting department, depending on how lean your business is. Tax Filing A tax lien on a small business can affect operations and access to business funding.

Small Businesses 98

Small Businesses Dashboards Credit Management 98

Lendio

AUGUST 23, 2024

Okay, so you have bad credit or little credit history and you’re trying to open a business credit card account for your small business… Plenty of successful business owners have launched their companies with bad credit. Consumer protections: Certain consumer protection laws don’t apply to small business credit cards.

Small Businesses 98

Small Businesses Credit Scoring Deductions 98

Lendio

NOVEMBER 1, 2023

There are many different kinds of small business loans, making it essential to do your research before beginning any application process. The 11 most popular types of small business loans The following information covers the common routes entrepreneurs take to get the capital they need.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Default 98

Due

DECEMBER 16, 2023

With that in mind, here are a few ways numbers-phobic entrepreneurs can not just take care of small business finance but do so with ease. Utilize Simpler Accounting Methods There is small business accounting, and then there’s small business accounting. Thryv is a perfect example of this.

Small Businesses 98

Small Businesses Transactions 98

Accounting Department

APRIL 10, 2024

In the competitive world of small business, every decision can determine the trajectory of success or failure. One concept that lies at the heart of strategic business decisions but is often overlooked is opportunity cost.

Small Businesses 83

Small Businesses 83

Due

FEBRUARY 25, 2024

Remember, innovation, resourcefulness, and a powerful narrative can be your most valuable assets as you navigate the exciting landscape of small business funding. By prioritizing sustainability, you’re not just building a business. You hold the power to build your dream business, fueled by your own hustle and ingenuity.

Small Businesses 105

Small Businesses 105

Lendio

SEPTEMBER 19, 2024

Generally, there are two main levers that your business can pull to affect growth metrics: 1) customer acquisition, meaning bringing new shoppers through the door, and 2) customer retention, meaning keeping your old shoppers from exiting that door. The post Is Customer Retention Really Better Than Acquisition for Small Businesses?

Small Businesses 98

Small Businesses 98

Due

APRIL 15, 2024

America’s small businesses face unprecedented challenges. Small business bankruptcy filings increased 78% over the past year, driven by impending changes to bankruptcy law and ongoing uncertainty about the overall economic outlook. As a business owner, you indeed wish things could be easier.

Small Businesses 84

Small Businesses Bankruptcy Credit and Collections Business Bankruptcy 84

Lendio

NOVEMBER 7, 2023

You can launch your own business from the ground up, you can partner with someone else, or you can even buy a small business outright. Buying a small business can create a unique stream of income and help you to launch your new career—you just need to know where to find them and how to invest.

Small Businesses 97

Small Businesses Credit and Collections Credit Scoring 97

Lendio

OCTOBER 26, 2023

As a business owner, you may need various types of startup funding to achieve your goals. Here are four alternatives to collateral-free business loans to consider. Business credit cards A small business credit card is another financing option that can benefit startups and established businesses.

Small Businesses 97

Small Businesses Credit Scoring Credit and Collections Default 97

biz2credit

AUGUST 27, 2024

In fact, information in the Business Financing Blog often covers financial products that Biz2Credit does not currently offer.

Small Businesses 80

Small Businesses 80

Enterprise Recovery

SEPTEMBER 24, 2024

If you own a small business, these economic fluctuations can have significant impacts. Understanding these cycles is vital to anticipate changes in the market and adjust business development strategies accordingly. Discover essential tips and strategies to safeguard your small business from economic ups and downs.

Small Businesses 80

Small Businesses 80

Enterprise Recovery

OCTOBER 25, 2024

Failing to manage accounts receivable can result in delayed payments, hindering the ability to pay bills, meet payroll, and reinvest in your business. For freelancers and small businesses especially, it is imperative to prioritize strategies that will help keep accounts receivable in check and improve cash flow to meet expenses.

Small Businesses 85

Small Businesses 85

biz2credit

OCTOBER 18, 2024

The post Disaster Recovery Resource for Small Businesses Impacted by Recent Hurricanes published first on. The last few weeks of storms have pounded states across the Atlantic including Florida, Georgia and the Carolinas, leaving millions scrambling for resources like SBA disaster loans and other funding.

Small Businesses 64

Small Businesses 64

Eastern Credit Management Services

NOVEMBER 22, 2024

Cash flow is the lifeblood of any small business, but late payments and unpaid invoices can create significant challenges. By outsourcing to a professional collections agency , small businesses can focus on core operations while ensuring overdue payments are pursued efficiently. Here’s how.

Debt Collections 52

Debt Collections Small Businesses Credit and Collections Credit Management 52

Accounting Department

MARCH 20, 2024

QuickBooks Online makes a chart of accounts accessible, but it's up to you to tailor it to your business's unique structure and financial tracking needs.

Small Businesses 89

Small Businesses 89

NorthOne

NOVEMBER 25, 2024

Selecting the best bank for your small business in Washington is a personal choice—and with plenty of national, online and local financial institutions to choose from, it might be a. The post The 5 Best Banks for Small Business in Washington (2025) appeared first on North One Blog.

Small Businesses 52

Small Businesses 52

NorthOne

NOVEMBER 25, 2024

Finding the best bank for your small business in Maryland can be a tough task, but focusing on your specific business needs–such as access to local lending programs, specialized support. The post The 5 Best Banks for Small Business in Maryland (2025) appeared first on North One Blog.

Small Businesses 52

Small Businesses 52

Your Virtual Credit Manager

JANUARY 17, 2023

Photo by Alex Radelich on Unsplash When small businesses add customers and increase sales, their company’s Accounts Receivable (AR) will grow. it just might help them pay you sooner! Share A Case in Point A parts distributor was having difficulty with collections and high dispute volumes.

Credit and Collections 246

Credit and Collections Accounts Receivable (AR) Days Sales Outstanding Past Due Invoices 246

Credibly

NOVEMBER 27, 2024

Table of Contents What businesses count as a minority business enterprise ? Despite making up 29% of all businesses in the U.S. only 11% of minority business enterprises have paid employees and only 2% have businesses that generate more than $1M annually. Long-term business loans : Planning a big project?

Small Businesses 52

Small Businesses Credit Unions 52

Your Virtual Credit Manager

JANUARY 31, 2023

Cash flow problems: The primary reason businesses declare bankruptcy is liquidity issues, so it should come at no surprise that cash flow problems are a top reason for a business paying late. they are a small business waiting to get paid on a big project) or a sign of financial distress.

Credit and Collections 246

Credit and Collections Bankruptcy Past Due Invoices Order to Cash 246