Is Accounts Payable a Credit or Debit?
Accounts payable is a summary of your company’s short-term debt obligations, and is therefore a credit. The sum total of your accounts payable is a liability because it represents a…
How to Pay an Invoice in 6 Simple Steps
Understanding how to pay an invoice is a critical skill to possess if you own or operate a business of any size. Businesses small and large need to pay their…
Accounts Payable Management: Definition and Guide
As a small business owner, managing your accounts payable helps you keep track of short-term debt, avoid incurring late fees, and stay on top of your cash flow. It involves…
The Impact of Inflation on Small Businesses in 2023
Inflation has been a hot topic since the pandemic started in 2020. For years, consumers and businesses have battled rising rates spurred by supply chain disruptions, labor shortages, and increased…
Small Business Financial Management Guide for 2023
Being a great business owner doesn’t make you a great financial manager—but you can’t run a business on passion alone. With over 50% of small businesses failing in their first…
How to Price Landscaping Jobs in 4 Steps
If you own a landscaping business, your number one priority is to grow your list of happy clients and consistently add new projects to your workflow. Often, getting a new…
8 Best Plumbing Marketing Strategies in 2023
If you’re ready to increase your client list and take your plumbing business to new heights, you’ll need to step up your plumbing marketing game. Here are the best plumbing…
Same-Day ACH: Meaning and How to Use It
When it comes to payments, efficiency is critical for small business owners. Paper checks are increasingly a thing of the past and credit card payment isn’t always an option. Thankfully,…
9 Best Landscaping Marketing Strategies in 2023
You started your landscaping business because you love building beautiful outdoor spaces for your clients, not because you love building marketing strategies. But in order to grow your budding business,…
5 Best Restaurant Marketing Strategies in 2023
In order to reach your target audience, you need to be fluent in generating content tailored to a variety of different digital mediums and social media platforms—and you have a…
Small Business Tax Deduction Checklist for 2023
Tax season can be a stressful time for many small business owners. When every dollar matters, you want to make sure you’re getting your return 100% correct, but you also…
Spend Management: Meaning and Best Strategies
Every small business can benefit from having a little more money in the bank. That’s why implementing a solid spend management strategy is one of the best ways to improve…
Spend Control: Meaning and Best Strategies
As a small business owner, there’s always a temptation to spend money to establish and grow your business. While investing in growth is important, so is making sure your money…
General Business Credit: Meaning and How to Use It
If you’re new to entrepreneurship, learning how to do your taxes as a small business owner is a necessary step for financial success. There’s new concepts to learn, and your…
Restaurant Finance Management: Guide for 2023
Owning a restaurant means navigating two different yet equally challenging roles: small business owner and restaurant manager. But, despite the seemingly endless to-do lists on your plate, it’s important that…
