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…
Why You Need a Business Continuity Plan and How to Make One
Unexpected things happen sometimes. It can be scary when anything goes wrong for your business, especially if you’re not prepared. Most small businesses — and even large corporations — are…
What is Freelancing and How to Become a Freelancer
A freelancing career is one of the many exciting options for professionals looking to offer specialized services to clients. It’s essentially a way to run a small business in a…
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 Does Business Check Cashing Work?
It might be surprising but despite the rise of electronic payments, debit cards and credit cards, checks are still a popular means of payment in the United States. And while…
How to Write a Business Plan for Your Small Business
So you’ve got a business idea! Every great business begins with an outstanding idea, and if you’re passionate enough about it, you may feel encouraged to pursue it. To do…
How to Open a Business Bank Account
In the past, business bank accounts offered very little value for small businesses. Traditionally, banks tended to focus on larger clients and didn’t make time for businesses that weren’t giant…
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…
Pros and Cons of an LLC Bank Account
Congratulations on starting your own business! Before you get to the fun part — actually running your business and making your fortune — there is still some admin to do….
FFCRA for Employers: How Paid Leave Tax Credits Can Support Small Business Employees and Their Families
We know as a small business owner you care about your employees and their families. But it is difficult to support them when your business is struggling. Small businesses in…
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…
