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,…
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…
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…
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…
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….
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…
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…
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…
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…
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….
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…
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…
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…
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….
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…
