The Small Business Owner’s Guide to Small Business Tax Deductions
As a small business owner, you work hard for the money you earn and every penny matters. Tax deductions can help minimize your overall income tax bill, which might increase…
DBA Meaning: What is DBA and Why it Matters to Your Small Business
As you become familiar with the life of a small business owner, you will run into some jargon along the way: ASM… After Sale Marketing EPOS… Electronic Point of Sale…
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 an Invoice?
When you pour your heart and soul into your small business, you want to see a reward for your hard work. Yes, the satisfaction and support of your customers are…
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 Long Does a Mobile Check Take to Deposit?
You worked hard to serve your devoted customers. You managed a team of employees, diligently tracked inventory, and stayed on top of vendors. Vendors whose supply is important to your…
How to Start a Business in 10 Steps
So, do you want the good news or the bad news first? The bad news is, starting a small business isn’t quite as easy as the title of this post…
How to Sign Over a Check To Someone Else
There are situations where you might find yourself needing to sign a check over to someone else or requiring someone else to deposit checks into your bank account. Maybe you’re…
The 5 Cs of Credit: What They Are and Why They Matter to Your Small Business
In 2019, the small business credit survey reported 43 percent of small businesses applied for a business loan. Overall, 36 percent of those that applied were denied at least some…
How to Endorse a Check: The Complete Guide
Endorsing a check, how hard can it be? The good news is that it is easy, but it’s important to be sure that your check is properly endorsed. It will…
A Guide to Small Business Financing
Small business owners know there are many important financial relationships to make when starting out—with your small business bank, with your vendors, and potentially with your business lenders and investors. …
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 Financial Reporting and Why is it Important?
As a small business owner, accurate financial reporting is an essential part of managing, organizing, and understanding your company’s finances. While this concept may seem complicated and overwhelming, we’re here…
