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…
Profit First Method: Increase Profit With This Formula
The Profit First method is a new approach to cash flow management that’s helping entrepreneurs ensure they make a profit and are paid. As intuitive as that might sound, entrepreneurs…
How to Build Business Credit
The importance of having good credit as a business owner is all in the name, it’s about credibility. When it comes to taking out loans and raising funding from investors,…
What Is Gross Profit Margin?
Gross profit margins are not exactly stimulating dinner party conversation. But when it comes to managing the finances of your business, having a clear understanding of your gross profit margin…
How to Write Your Small Business’s Profit and Loss Statement
You can’t have the fun parts of running a financially successful small business without the nitty-gritty of financial management too. A profit and loss statement (P&L) is an important reporting…
What is a Balance Sheet?
We know running a business can feel like you’re juggling a thousand responsibilities. While we know all business owners are heroes, you’re still human at the end of the day….
What is an Income Statement?
From learning about 1099 Forms, picking up bookkeeping tips, and figuring out how to calculate a cash flow analysis, it’s easy to feel overwhelmed when starting your own business. But…
How To Get Your SBA Paycheck Protection Program Loan Forgiven
Since the Paycheck Protection Program (“PPP”) was announced, our team at NorthOne has been working around the clock to make sure that every small business has the opportunity to apply…
How to Calculate Cash Flow
As an entrepreneur, we know that your business is your baby. Not unlike actual parenting, it takes a lot of time, energy (hello, fifth cup of coffee before noon), and…
What is Cash Flow?
Cash Flow is a measurement of the money that is moving (flowing) in and out of your business in a period of time. When it comes to small business, money…
How to Create a Business Budget
Sometimes when you own a business with only a handful of employees it can be tempting to fly by the seat of your pants when it comes to budgeting. However…
How to Master Cash Flow Analysis for Your Business
Don’t be fooled by the fancy business lingo, a cash flow analysis is much simpler than it sounds. Basically, this is simply the process of taking the time to look into…
What is The CARES Act Self Employed Unemployment Assistance?
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) were designed to offer financial support to thousands of Americans who have been affected by the COVID-19 outbreak. Since the…
How the CARES Act Paycheck Protection Program Can Help Your Small Business
Overview of the CARES Act If you’ve been too busy worrying about the global pandemic and staying sane during lockdown to pay much attention to the news, you might not…
A Guide to Disaster Assistance for Small Businesses
Right at this moment, the US is experiencing what can only be described as a national disaster. Small Business owners across the nation have been particularly badly affected by the…
