Owning a business comes with unique challenges, especially if you lack large cash reserves for emergencies. Whether you need to cover payroll, standard expenses, or unexpected emergencies, opening a business…
If you need fast financing to manage cash flow, buy inventory, or pay for an unexpected expense, a business line of credit may be just what you need. A business…
If there’s one golden rule of business management, it’s this: never mix your personal and business finances. When starting a new venture, many business owners find it tempting to use…
There was a time when cash was king in collecting payments from customers, but that’s no longer the case. These days, businesses of all types rely on credit card payments…
The world runs on credit. In fact, according to the Federal Reserve, over 80% of Americans have at least one credit card. And while credit cards are a preferred method…
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…
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…
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,…
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…
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…
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….
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…
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…
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…
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…
