9 Small Business Bookkeeping Basics to Secure Long-Term Success
At NorthOne, we know our customers didn’t get into business because they are passionate about accounting. However, like it or not you can’t have a successful business without understanding how…
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…
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 Long Does a Mobile Check Take to Deposit?
As a business owner, nothing quite beats the feeling of getting paid. You work hard for every dollar you earn, and every check you get is a reflection of that….
The 5 Cs of Credit: Why They Matter For Lending
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…
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…
Business Bank Account for an LLC: 6 Pros and Cons
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…
22 Free Must-Have Business Tools for Growth
Small business owners know that stretching their budget as far as possible is essential. Unfortunately, a lot of popular business tools that streamline processes, improve communication, and help attract new…
What Does a Bookkeeper Actually Do?
A bookkeeper stays on top of your day-to-day finances and makes sure your business runs smoothly! If you don’t have one, you’re exposing your business to all kinds of risk….
