Due

JULY 20, 2023

While that may sound absolutely insane, there are even more youngsters who would instead like to kickstart their own business instead of working for someone else. While social media influencers and celebrities inspire these teens to turn to entrepreneurship , many of them, in fact, pick part-time businesses along with their studies.

Small Businesses 75

Small Businesses Credit and Collections 75

Due

FEBRUARY 29, 2024

This blog post, however, delves into the specific challenges these generations face and offers practical strategies for navigating toward financial security. Clearly, this shift in responsibility significantly strains their ability to accumulate sufficient wealth to retire comfortably. Think long-term. Live below your means.

Nonprofit Organizations 105

Nonprofit Organizations Deductions 105

Lendio

NOVEMBER 13, 2023

million for eligible energy projects and small manufacturers) Term 10, 20, or 25 years Interest rates Based on 10-year U.S. SBA 504 loans are designed to promote business growth and job creation through the purchase of real estate or other long-term assets. In this case, a borrower can receive $5.5 What are 504 loans used for?

Credit Unions 97

Credit Unions Credit Scoring Default Small Businesses 97

Due

FEBRUARY 13, 2023

What’s more, kids learn responsibility and the value of hard work when they do chores around the house. It is obviously not a good idea to have them work next to a busy street. To spark your child’s entrepreneurial spirit, suggest that they expand their business to include other vehicles like RVs and campers. Be a tutor.

Deductions 122

Deductions Transactions 122

Lendio

MARCH 14, 2023

You’ve probably already heard that the end of pandemic-era tax credits is adding up to smaller tax refunds this year for individuals. But will business owners face higher tax bills this year, too? Most of the credits from the pandemic have expired,” Kauffmann indicates—and that goes for business owners, too.

Small Businesses 52

Small Businesses Deductions 52

Lendio

NOVEMBER 16, 2023

As a small business owner, you may have heard of the Small Business Administration (SBA) loans as a potential funding source for your business. In this blog post, we’ll break down everything you need to know about SBA collateral requirements , including common misconceptions and personal guarantees.

Small Businesses 52

Small Businesses Credit Scoring Default 52

Lendio

MAY 5, 2023

If there’s one thing that’s certain about running a small business, it’s that your taxes will become much more complicated. Not only do your income taxes increase in complexity, but you also have to deal with additional types of taxes you’ve never had to deal with before. Social Security tax and the 2.9%

Small Businesses 52

Small Businesses Deductions 52

Lendio

DECEMBER 11, 2023

The holiday season is a golden opportunity for businesses to boost their sales and strengthen customer relationships. This guide will provide insights into effective holiday marketing strategies and ideas to help your business shine brighter this season. Updating your Google Business profile is equally important.

Small Businesses 98

Small Businesses 98

Lendio

APRIL 19, 2023

Financial reporting is a crucial function in every business. Not only is it necessary for meeting regulatory requirements and obtaining financing, but it’s also essential for informing your business decisions. Financial reporting involves documenting your business’ financial data and sharing it with various stakeholders.

Credit and Collections 52

Credit and Collections Small Businesses 52

Lendio

NOVEMBER 17, 2023

Are you a small business owner looking to buy new equipment? Fortunately, the Small Business Administration (SBA) offers loan programs specifically designed to help small businesses purchase necessary equipment. If so, then you may already know that purchasing equipment can be a costly endeavor.

Credit Scoring 52

Credit Scoring Nonprofit Organizations Credit Unions Small Businesses 52

Lendio

NOVEMBER 13, 2023

In this article, we will delve into this unique financial tool that is specifically designed to keep your construction business on solid ground. Factoring company collects payment – The factoring company takes on the responsibility of collecting the payment from your customer. What is construction invoice factoring?

Credit and Collections 52

Credit and Collections Credit Scoring Small Businesses 52

Lendio

FEBRUARY 27, 2024

As a small business owner, you know the value of flexibility. Circumstances can change rapidly, for better or worse—a few days of bad weather or a positive Instagram post from a popular influencer can have huge impacts on a small business’ cash flow. How does a business line of credit work?

Alternative Payment Methods 52

Alternative Payment Methods Credit Scoring Credit Card Companies Small Businesses 52

Lendio

MARCH 17, 2023

One of the most important parts of starting a new business is making it official. Since requirements can vary by type of business and location, you might wonder how to register a business. Here is some information that can help guide you through the necessary business filings. You can apply for an EIN on the IRS website.

Nonprofit Organizations 52

Nonprofit Organizations Law Firms Small Businesses 52

Lendio

JUNE 1, 2023

As a small business owner, you have to deal with a lot of paperwork, which can be tough to manage on top of your daily duties. the Transmittal of Wage and Tax Statements) is an Internal Revenue Service (IRS) payroll tax document that compiles all of the data in an employer’s W-2 forms for the Social Security Administration (SSA).

Deductions 52

Deductions Small Businesses 52

Lendio

MARCH 21, 2024

For small business owners, the adage “you have to spend money to make money” rings particularly true, especially when it comes to inventory. However, managing a healthy, cash-flow positive business sometimes means turning to additional financial tools – and this is where inventory financing can be a game-changer.

Credit Scoring 52

Credit Scoring Credit and Collections Small Businesses Default 52

Lendio

NOVEMBER 3, 2023

Are you looking for a business loan to help your company? Understanding current business loan interest rates and different loan types will help you pick the loan option that’s right for you. The overall cost of getting a business loan can vary significantly with various loan options and a range of interest rates.

Small Businesses 98

Small Businesses 98

Lendio

DECEMBER 7, 2023

Running a small business often requires making savvy decisions about acquiring necessary equipment without overspending. One popular strategy among small business owners is equipment leasing, which allows you to use high-quality equipment without the financial burden of buying it outright. What is equipment leasing?

Small Businesses 52

Small Businesses Credit Scoring Deductions 52

Lendio

DECEMBER 12, 2023

Or, maybe you’re passionate about cars and interested in starting a business in the automotive industry. From creating a business plan to hiring mechanics and building your brand, we’ll cover all the essential steps you need to take to make your dream of owning an auto repair shop a reality. Create a business plan.

Small Businesses 52

Small Businesses Transactions 52

Lendio

MARCH 16, 2023

Organizations of all sizes, from large corporations to small businesses, participate in worldwide trade through imports and exports. Basics Of Importing And Exporting The majority of businesses—big and small—support worldwide economic growth through trade. Import Filing When you import goods into the U.S.,

Small Businesses 52

Small Businesses 52

Lendio

MAY 26, 2023

However, without the right budget, franchisees may find themselves overextended and unable to fulfill their contractual obligations, leading to legal issues and a potential loss of their business. Startup Costs At the onset of any new business, an entrepreneur will incur start-up costs. Here’s what you need to know.

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52

NorthOne

JANUARY 25, 2023

Business owners are obligated to provide certain information to the IRS when working with independent contractors or freelancers. Understanding the distinction between W9 vs. 1099 forms will help ensure you’re sending all necessary information about your contractors and how much you’ve compensated them to the IRS for tax purposes.

Small Businesses 52

Small Businesses Transactions 52

Lendio

APRIL 27, 2023

A 1099 form alerts the IRS of payments over $600 made from your company to businesses or people who are not part of your typical payroll. People receive 1099 forms if they were paid as an independent contractor or if they received other sources of income from a business throughout the year exceeding this $600 threshold.

Small Businesses 52

Small Businesses 52

NorthOne

MARCH 16, 2023

Being a great business owner doesn’t make you a great financial manager—but you can’t run a business on passion alone. With over 50% of small businesses failing in their first five years—mostly due to financial mismanagement—learning your way around the finances is one of the best things you can do for your small business.

Small Businesses 52

Small Businesses 52

The Red Spectrum

JUNE 15, 2023

If you are a small business owner, you know how challenging it can be to find the right financing for your business needs. How can you secure the financing you need without breaking the bank or risking your business assets? We will also share some tips on how to use your financing wisely and avoid common pitfalls.

Nonprofit Organizations 73

Nonprofit Organizations Credit Scoring Credit and Collections Credit Unions 73

Lendio

DECEMBER 14, 2023

You’ve invested years of training, built a solid book of loyal clients, and created a foolproof business plan. But just like any savvy business owner, you must understand your overhead costs to run a beauty salon if you want to ensure business success. At the minimum, you should have a business and cosmetology license.

Medical Billing 52

Medical Billing Credit Scoring Transactions Small Businesses 52

Lendio

NOVEMBER 10, 2023

Have you always dreamed of owning your own business, but don’t want to start from scratch? One option is to buy an existing business. This is where a Small Business Administration (SBA) loan comes in handy. In this blog post, we will discuss how to use an SBA loan to buy an existing business.

Credit Scoring 96

Credit Scoring Credit Unions Small Businesses 96

Lendio

MARCH 13, 2023

Bookkeeping involves maintaining detailed records of your business’ financial transactions. It generates documentation that’s necessary for critical business functions, including creating financial statements and filing tax returns. A general ledger is a comprehensive record of your business’ financial transactions.

Transactions 52

Transactions Small Businesses 52

NorthOne

DECEMBER 9, 2022

As you begin building your small business, there are a number of logistical and administrative matters to sort out that lay the foundation for your future growth. Bookkeeping responsibilities: Generate invoices for customers and clients. Accounting responsibilities: Audit financial documents and transaction history.

Transactions 52

Transactions Small Businesses 52

Lendio

NOVEMBER 14, 2023

Small businesses know the importance of staying flexible and agile. It’s not unusual for expensive challenges and unexpected opportunities to appear without much notice, especially in the early days of a new business. As a result, a revolving line of credit is a popular financing solution among many business owners.

Credit Scoring 52

Credit Scoring Small Businesses Credit Risk Default 52

Lendio

JUNE 27, 2023

In today’s digital age, having a professional website is crucial for businesses and individuals looking to establish a strong online presence. Whether you are a business owner, freelancer, or someone seeking to build a professional website, this overview will help you make an informed decision. month Basic; $44.99/month

Small Businesses 52

Small Businesses Transactions 52

NorthOne

FEBRUARY 8, 2023

As a small business owner, you want to make sure that you’re bringing on the right people to help your business succeed. Simply put, an employee is someone you bring into your company as a long-term investment into both the future of your business and that individual’s professional development.

Small Businesses 52

Small Businesses 52

Lendio

MARCH 31, 2023

As a business owner, finding reliable suppliers is crucial for running your operation successfully. vendors) provide the necessary goods and services that will allow your business to function effectively and affordably. Let’s get started by understanding what suppliers are and how they can benefit your business.

Small Businesses 52

Small Businesses 52

Lendio

NOVEMBER 1, 2023

There are many different kinds of small business loans, making it essential to do your research before beginning any application process. Getting a business loan sounds simple — until you realize how many types of loans exist and how many lenders offer those loans,” says business.org.

Small Businesses 98

Small Businesses Credit Scoring Credit and Collections Default 98

Fundera

SEPTEMBER 8, 2020

Get Your Business in the Fall Spirit. It’s also a fantastic marketing opportunity in disguise for small business owners. We’ve got you covered, whether you’re a brick-and-mortar storefront or a digital business that lives online. 10 Fall-Themed Marketing Ideas for Your Small Business.

Small Businesses 119

Small Businesses Accounting Firms 119

Lendio

JANUARY 25, 2023

Running a small business comes with many challenges and responsibilities. Yet one of your most important duties as a small business owner is managing your company’s finances. Small Business Administration (SBA), 82% of failed small businesses go under due to cash flow problems.

Small Businesses 52

Small Businesses Credit Scoring Deductions Credit Application 52

Lendio

MAY 2, 2023

Wherever you choose to operate your small business, it’s important to know and understand the zoning laws in your area. Purpose Of Zoning Laws And Regulations Zoning laws can affect businesses in a number of ways, but the goal is to help people and businesses work together within communities.

Small Businesses 52

Small Businesses 52

Lendio

MARCH 15, 2023

Whether you’ve just barely started a new business or you’ve been in business for several years, a business bank account is vital to both your sanity and your survival. But if you intend to make your business a long-term endeavor, it’s time to consider opening a business bank account.

Deductions 52

Deductions Credit Card Payments Transactions Small Businesses 52