Big Banks leave Small Business Behind – NorthOne is on a Mission to Change That
NorthOne launched in the summer of 2019. Since that time over 170,000 small businesses and freelancers have signed up for NorthOne. The company is on a mission to change the…
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…
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…
DBA Meaning: What is DBA and Why it Matters to Your Small Business
In this article we give the DBA meaning but as you become familiar with the life of a small business owner, you will run into some jargon along the way…
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 To Get Your SBA Paycheck Protection Program Loan Forgiven
Since the Paycheck Protection Program (“PPP”) was announced, our team at NorthOne has been working around the clock to make sure that every small business has the opportunity to apply…
How to Endorse a Check To Someone Else
There are situations where you might find yourself needing to sign a check over to someone else or requiring someone else to deposit checks into your bank account. Maybe you’re…
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…
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. It…
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…
