Cash Disbursement: Definition and Examples
Cash disbursements, or payments from one party to another, are made every day by small businesses to pay for services or goods. Accurately tracking cash disbursements is an essential part…
How to Prepare a Balance Sheet in 5 Steps
Balance sheets are a key way for businesses to monitor their finances. Whether you need day-to-day information about money matters or you’re about to make a major financial decision, your…
What Is Cash Float? Definition and Guide
For many small business owners, having sufficient cash flow is essential to make sure you can pay employees, suppliers, or other business partners in a timely fashion. However, the amount…
W9 vs. 1099 Tax Forms: 3 Key Differences
Business owners are obligated to provide certain information to the IRS when working with independent contractors or freelancers. The two key information return forms to collect and submit to the…
Outsourced Accounting: Definition and Guide
Outsourced accounting refers to when a third party handles the accounting for your small business. This professional service manages your bookkeeping, taxes, payroll, financial reporting, and other accounts payable and…
Business Charge Cards: Meaning and How to Pick One
Business charge cards are essential for running the day-to-day operations as a small business owner. Whether you’re purchasing office supplies, paying utility bills, or picking up last-minute materials to fulfill…
What Is a Cash Flow Statement? Definition and Advantages
No matter the size of your business, your cash flow is your lifeblood. It’s the factor that determines your ability to expand your offerings and services, affects how you can…
What is Activity-Based Budgeting? Definition and Guide
If you’re looking for a budgeting system to implement in your small business, activity-based budgeting is worthy of consideration—especially if you’re looking to cut costs in your operation. Not only…
Cash Flow Budgeting: Definition and Guide
As a small business owner, you’ve probably got your eye set on one or more goals that will lead to expansion or growth for your company. In order to reach…
How To Pay Yourself From Your LLC in 2023
If you’re a business owner looking into forming an LLC, or have just completed the process of registering your business as an LLC, you may find yourself encountering a number…
How Hard is it to Get a Business Loan in 2023?
Building a business often requires financial assistance. Many businesses need a loan to grow or even start their business. Cash is essential to running a business and often that means…
How to Change an LLC Name in 5 Steps
Lots of people who start businesses opt to structure them as a limited liability company, or LLC. But if you want to change your business’s name, you might wonder about…
How to Start an LLC in Virginia in 4 Easy Steps
If you’re starting a business or hoping to expand the one you’ve been running for a while, forming a limited liability company (LLC) is a great way to safely set…
How to Get a Business Credit Card With Just An EIN
Whether you’re trying to keep your business and personal finances separate, or you simply want to work on building business credit, you can get a business credit card with an…
How Much Uber Drivers Make in NYC in 2023
Thinking about starting your own Uber gig? You’re probably wondering how much Uber drivers make in NYC these days. There’s no simple answer to this question—an NYC Uber driver’s salary…