What is Net Working Capital? Formula and Examples
Net working capital is the ratio between current assets and current liabilities. We explain what this means and how it can affect your business. There are many different ways to…
How to Start a Trucking Company in 6 Steps
Trucking companies, large and small, require a detailed business plan. We discuss what you need to know to get truckin’ in the right direction. In an era characterized by ecommerce,…
Partnership vs LLC: The Key Differences to Know
Partnerships and limited liability corporations both have their advantages and disadvantages. We discuss the most important things to think about when choosing between a partnership vs LLC. Starting your own…
Small Businesses Need Help From FinTech
Small businesses make up 85% of the U.S. economy, 64% of American jobs, yet are historically underserved and forgotten by traditional banks. At NorthOne, our mission is to give these…
We’re Making a Big Change, for the Real Small Businesses of America
After months of hard work, we’re excited to announce that we’ve partnered with The Bancorp Bank, Member FDIC and Galileo Financial Technologies on our mission to help small business owners…
ACH vs. Wire Transfer: 3 Key Differences
An electronic transfer is one of the best options for sending and receiving money for small business and personal use. It tends to be a safer option than sending funds…
Sole Proprietorship vs. LLC: Key Differences to Know
When starting a business, choosing which business structure is right for you can be overwhelming. The five core legal businesses structures are sole proprietorships, LLCs, partnerships, corporations. For some, the…
How Long Do Wire Transfers Take?
Wire transfers are an easy and safe way for small businesses and individuals to send money electronically, particularly large amounts of funds. They are usually the preferred transfer method for…
Business Credit vs. Personal Credit: What You Need to Know
Business and personal credit both play key roles in the lives of small business owners. Understanding the differences between these types of credit, how they affect each other, and how…
12 Surprising Entrepreneur Statistics to Know in 2021
Over the last year the way we work has changed at a fundamental level. The pandemic has reshaped how people approach their jobs while also pushing many folks to venture…
How to Open a Restaurant in 10 Steps
Opening a restaurant is a big undertaking. But if you’re passionate about the food service industry and you’re ready to put in the work and proper planning, who’s to say…
Envelope Budget System: Guide For Home and Business
What is the Envelope Budget System? The envelope budget system is a popular financial strategy that makes it easy to keep track of your spending and help you save. This…
How to Start a Cleaning Business in 5 Steps
Starting a cleaning business can be a lucrative and rewarding career choice. If you’re thinking about launching your own cleaning business this article will walk you through what you need…
How to Open a Joint Bank Account With a Business Partner
If you’re starting a new business with a partner, you’re probably going to want a joint bank account. This article will walk you through what a partnership bank account is…
How to Open a Sole Proprietorship Bank Account in 3 Steps
So you’re branching out on your own. First of all, congratulations! Being your own boss is hard work but it’s also very rewarding. All sole proprietors and freelancers start small…
