Thu.Apr 27, 2023

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Start Investing for You, Your Kids, & And Your Retirement

Due

As you remain obsessed with your career progression or raising your kids, the precious days of your retirement planning eventually slip by. Amidst high inflation and increased cost of living, how do you plan to allocate funds for your retirement or your kids? How do you start investing for you kids? An informed investor can strategize plans early on to ensure a worry-free retirement.

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How ChatGPT is Helping Customer Service Teams Level Up

The Esker Blog

The robots are here. Okay, they’ve actually been here for a while now. But lately it’s hard to avoid the topic of artificial intelligence (AI) and the newest game-changing tools it’s made available to every person and business around the globe with internet access. If you still don’t know what ChatGPT is, think of Google — except it talks back to you and can pass the Bar Exam.

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Here’s the No. 1 College for Average Americans That Has the Highest Starting Salary Among Graduates

Due

American universities continue to rank among the most revered academic institutions across the world. The industry-oriented curriculum and sophisticated academic infrastructures in these institutions generate some of the highest-paid graduates. It’s logical to compare the median salary of graduates in the first place before delving into other particulars.

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7 Reasons to Support Small Businesses

Headway Capital

Without small businesses, every town would feel more or less the same — the same restaurants, the same coffee shops, The post 7 Reasons to Support Small Businesses appeared first on Headway Capital Blog.

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Equity Capital Vs. Debt Financing: What’s the Difference?

Lendio

It’s common for companies growing faster than their current income to seek outside capital to keep up their momentum. An under-capitalized business will find it difficult to make the leap required to scale and expand. A clear first step to lining up outside capital is to determine whether equity investment or debt financing (or a combination of the two) might be the best route for your business.

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AccountingDepartment.com Attends 2023 EOS Conference

Accounting Department

Last week, AccountingDepartment.com Business Development Representatives, Shawn Marcum, and Luke Backus attended the 2023 Entrepreneurial Operating System (EOS) Conference in Indianapolis, IN.

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15 Actionable Tips To Improve Your Credit Score

ForwardAI

Struggling with a poor credit score? P oor credit score can limit access to credit, increase borrowing costs and even affect employment opportunities. The truth is, a low credit score can be a major roadblock to achieving financial success, but it’s not the end of the road. With the right strategies and mindset, you can improve your credit score and pave the way to a brighter financial future.

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Guide To Using A Home Equity Loan For Your Business

Lendio

Many entrepreneurs need some type of funding to get their business ideas off the ground. But you might be surprised to learn that nearly 54% of small business owners use personal finances in the startup phase. Of course, not everyone has the ability or the desire to self-fund. So, some business owners may consider an alternative way to use their personal assets to their advantage.

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Your SBA loan has been approved – what’s next?

FNB Small Business

Your SBA loan has been approved! Next step: closing. You may be asking yourself what is needed from you as the small business owner in the closing process? Our goal is to make the closing process as smooth as possible, which is why we have a Closing Specialist who will be able to provide the answer to that question. Although there’s still work required to get you to the finish line, our Team will be here to guide you through every step.

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Budgeting Vs. Forecasting: The Difference

Lendio

As a small business owner, you know how important it is to plan ahead, make informed decisions, and stay on top of your finances. Budgeting and forecasting are two crucial tools that can help you do just that. We’ll take a look at what budgeting and forecasting are, their differences, and how they can be used together to help you achieve your financial goals.

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The Crucial Impact of Small Businesses in America

FNB Small Business

The first week of May is designated as National Small Business Week, a time to recognize small business owners and entrepreneurs throughout America. The latest statistics show that there are 33.2 million small businesses in the United States, accounting for 99.9% of all U.S. businesses. While they may be referred to as “small businesses”, one thing is for sure — the impact of these businesses is anything but small.

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Accounting 101: What Is Total Revenue?

Lendio

Total revenue refers to the money your business generates from selling its goods or services during a given period. It’s one of the most important line items on the income statement and critical to many other financial metrics and formulas. Here’s what you need to know about total revenue, including how to calculate it, why it matters, and how to increase it.

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Accounts Payable Management: Definition and Guide

NorthOne

As a small business owner, managing your accounts payable helps you keep track of short-term debt , avoid incurring late fees, and stay on top of your cash flow. It involves creating a system, then streamlining your processes to meet payment deadlines and reconcile accounts. While accounts payable management was for many years a manual process, automation allows you to save time and money and reduce errors.

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Accounting 101: How To Calculate Inventory Turnover Ratio

Lendio

The inventory turnover ratio is a financial metric that reflects the efficiency of your inventory management. As a business owner, analyzing it can provide valuable insights that help you improve related processes. Let’s explore what you should know about the inventory turnover ratio, including how to calculate it, why it matters, and how to improve it.

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How to Pay an Invoice in 6 Simple Steps

NorthOne

Understanding how to pay an invoice is a critical skill to possess if you own or operate a business of any size. Businesses small and large need to pay their invoices on time, and establishing a consistent, streamlined approach helps them do just that. Creating a clear and straightforward approach and proper system for accounts payable not only helps you pay invoices on time, but also ensures you pay them accurately every time.

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Form 1099: How To Prepare And File With The IRS

Lendio

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. The 1099 form is also used by individual filers to calculate their gross income when completing their 1040 forms.

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Is Accounts Payable a Credit or Debit?

NorthOne

Accounts payable is a summary of your company’s short-term debt obligations, and is therefore a credit. The sum total of your accounts payable is a liability because it represents a balance owed to your vendors, suppliers, and creditors. What is accounts payable and why is it important? Accounts payable is a record of your company’s short-term debts that have not yet been paid.

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What Is Net Profit And How To Calculate It

Lendio

As a small business owner, you must track your business’ financial performance. Not only is it necessary to fulfill your financial reporting obligations, but it’s also essential for making informed business decisions. The ultimate measure of your business’ performance is its net profit. Here’s what you need to know to calculate the metric and incorporate it into your financial planning.

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BREAKING: Fifth Circuit Grants Serta Non-PTL Lenders’ Motion for Direct Appeal of ‘Open Market Purchase’ Decision, Denies Request for Expedited Decision Before Confirmation

Reorg Blog

The post BREAKING: Fifth Circuit Grants Serta Non-PTL Lenders’ Motion for Direct Appeal of ‘Open Market Purchase’ Decision, Denies Request for Expedited Decision Before Confirmation appeared first on Reorg.

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Why Are Employer Identification Numbers (EINs) Important for My Business?

Inc. Authority

Why are Employer Identification Numbers (EINs) Important for my Business? Assigned to every business entity, EINs are unique identifiers that most businesses must have before they can begin operating. EINs contain nine digits and are unique to every business. In … Continue reading → The post Why Are Employer Identification Numbers (EINs) Important for My Business?

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How to Get a Virtual Address for Your Texas LLC

incfile

As a work-from-home business, are you struggling to build credibility with customers and suppliers in Texas? Do you need to keep your personal address off official company paperwork for privacy concerns?

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Adler AHG Appeal Permission Refused; Court of Appeal Unlikely to Provide ‘Crib Sheet’ to Guide Discretion to Cramdown; AHG Says Plan Jurisdiction Is ‘Blank Canvas’

Reorg Blog

The post Adler AHG Appeal Permission Refused; Court of Appeal Unlikely to Provide ‘Crib Sheet’ to Guide Discretion to Cramdown; AHG Says Plan Jurisdiction Is ‘Blank Canvas’ appeared first on Reorg.

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3 ways automated credit control can transform your business

Chaser

This blog outlines the three key benefits of automated credit control, based on the experience of Chaser credit control software users - and aim s to help you decide if automation is right for your business.

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National CineMedia Files Plan, DS in Line With RSA; Unsecured Creditor Recoveries Wiped Out After UCC Appointment Triggers Deathtrap

Reorg Blog

The post National CineMedia Files Plan, DS in Line With RSA; Unsecured Creditor Recoveries Wiped Out After UCC Appointment Triggers Deathtrap appeared first on Reorg.

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Free cash flow formula | Definition and calculation

Chaser

Free cash flow , often abbreviated to FCF, measures the amount of cash a company generates in any given period. The free cash flow formula is calculated as operating income minus capital expenses. It can be used to determine whether a company has sufficient funds to cover its short-term financial obligations or if it needs to look for external financing sources.

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CFOs: Bullish on Expansion, Bearish on Costs

The Corcentric Blog

Balancing the need to invest for growth against cost-cutting for shorter-term profitability is a perennial challenge every financial leader must face.

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Vedanta Resources Says Has Repaid All Loans, Bonds Due in April

Reorg Blog

The post Vedanta Resources Says Has Repaid All Loans, Bonds Due in April appeared first on Reorg.

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How To File Quarterly Taxes

Lendio

If you’re self-employed or a business owner, chances are one of the biggest gripes you have about your job is filing taxes. Since you don’t get them taken out of your paycheck as an employee would, you have to figure out taxes all on your own. Choosing the right accounting software can help you estimate your taxes, but you’ll still have to go through the process of paying them.

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RX 101: Equitable Subordination Explained

Reorg Blog

The post RX 101: Equitable Subordination Explained appeared first on Reorg.

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Performing Credit Spotlight: CommScope

Reorg Blog

The post Performing Credit Spotlight: CommScope appeared first on Reorg.

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Valeo Foods Debt Under Pressure

Reorg Blog

The post Valeo Foods Debt Under Pressure appeared first on Reorg.

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