How to Build Business Credit
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,…
Business Owner Hack: How to get a PPP loan
Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. If you’re an American small business owner, chances are you’re aware…
What Is Gross Profit Margin?
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…
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….
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 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 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 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…
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….
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…
What is The CARES Act Self Employed Unemployment Assistance?
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) were designed to offer financial support to thousands of Americans who have been affected by the COVID-19 outbreak. Since the…
How the CARES Act Paycheck Protection Program Can Help Your Small Business
Overview of the CARES Act If you’ve been too busy worrying about the global pandemic and staying sane during lockdown to pay much attention to the news, you might not…
5 Creative Money Saving Tips For Your Small Business
As a small business owner, you’re all too familiar with the high costs of owning your own business. Sometimes it feels like you cannot possibly afford to spend another cent….
Is NorthOne FDIC insured?
Yes, all NorthOne bank accounts are insured up to the standard maximum deposit insurance amount of $250,000 ? What is FDIC insurance? The Federal Deposit Insurance Corporation (FDIC) is an…
