Wed.Apr 19, 2023

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11 Emerging Small Business Trends for 2023 | Incfile

incfile

The year 2022 has been a matter of survival for small businesses, many of which are still struggling to stabilize since the COVID-19 pandemic. As the dust settles in 2023, companies are embracing new small business trends that can have a huge impact.

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HMA report: 3 facts about today’s patient financial journey to know now

Waystar

Today, the patient financial journey has the power to define a patient’s entire healthcare experience. It sounds hyperbolic, but the data bears it out. “When you think about the patient experience as a whole, the first and last touchpoints are financial interactions,” says Nadia Critchley, Senior Analyst, Research & Advisory at The Academy.

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The Alarming Trend of Rising Company Insolvencies

Know-It Global

Company insolvencies continue to climb steeply March monthly insolvency statistics reveal. 2,457 businesses in England & Wales entered liquidation, an increase of 16% year on year. In Scotland the figure is 21% higher compared to March 2022, with 140 insolvencies recorded. The rise of Creditors’ Voluntary Liquidations (CVLs) paints an extremely bleak picture. 2,115 CVLs were recorded across England, Scotland & Wales in March, up 10% in just one year.

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Need Inspiration? These Are 15 of the Most Profitable Small Businesses

incfile

You never know where your next business idea will come from. In fact, 47% of non-business owners have had multiple small business ideas , while 27% have had just one. Inspiration has a way of striking when you least expect it — but no matter how much passion you pump into your latest venture, you still need to pause and consider the profitability that it might yield.

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Chaser shortlisted for Best Company to Work For and Best Use of Tech

Chaser

I am thrilled to share that Chaser has been shortlisted for two awards at the 2023 Credit Awards; Best Company to Work For and Best Use of Technology.

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What’s the Ideal Inflation Rate, and How Does the Fed Plan to Get Us There?

Due

If you’re reading this article, it may be because you’ve recently heard about rising inflation. We can all recognize inflation as a phenomenon even if we aren’t familiar with the word “inflation.” We can see it at the gas pump, grocery store, and many other places. While inflation is inevitable and part of a normal economic cycle , there is an ideal rate the Federal Reserve (the U.S. central banking system in charge of managing inflation) is constantly striving toward.

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Maximizing Your Retirement Savings with 401(k)s and IRAs

Due

Retirement is no longer a sure thing for many people as defined-benefit pension plans are steadily declining. As of March 2022 , 12% of private industry workers and 34 % of state and local government workers had access to both defined benefits and defined contribution plans. Conversely, only 3% of private industry workers have access to defined benefit plans, while 53 % of state and local government workers do.

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What Is Financial Reporting? A Comprehensive Guide

Lendio

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. Let’s further explore what you should know about financial reporting as a small business owner, including what it entails, why it matters, and how to go about it.

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UK Credit Cards: Are "Established" Accounts in Trouble?

FICO Blog

Home Blog FICO UK Credit Cards: Are "Established" Accounts in Trouble? FICO data reveals worrying trends developing amongst established credit card users as missed payments rise Darcy Sullivan Tue, 11/10/2020 - 12:17 by Liz Ruddick Principal Consultant expand_less Back To Top Wed, 04/19/2023 - 09:25 We have recently analysed UK personal credit card trends and found worrying payment patterns amongst customers who have held their cards for between one and five years, known as the Established vinta

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How To Buy Into a Business As A Partner

Lendio

How To Buy Into a Business As A Partner Buying into an existing business as a partner can be an incredible opportunity for both the new partner and the existing business. In addition to capital, the new partner may bring knowledge and expertise currently lacking in the company. In many situations, both sides see a good return when the pairing is right.

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LLCs for Side Hustles: 6 Reasons to Incorporate

incfile

A side hustle is a great way to dip your toe into the waters of entrepreneurship. And you'd be in good company, as nearly 7 out of 10 Americans have a side hustle. If you feel that you really want to boost your income and turn your hustle into a more serious venture, then forming an LLC can be a great idea. The question is, at what point do you need an LLC for your side hustle?

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General Ledger Examples

Lendio

As a business owner, you can use small business software and bookkeeping professionals to minimize your accounting responsibilities. However, you must still be able to comprehend your company’s financial data to properly make strategic business decisions. The general ledger is one of the most critical documents to understand. This guide will give you the information you need to interpret it, including what details it contains, its role in the double-entry accounting system, and some practical ex

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The Best Opportunities In The Metaverse For Small Businesses

incfile

"Metaverse" may seem like the latest buzzword and online trend. Ever since Facebook changed its name to Meta and announced a massive investment in metaverse technology last year, everyone suddenly wanted to know what this new phenomenon meant for the future.

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How To Raise Capital: Options And Best Practices

Lendio

As a small business owner, knowing how to raise capital for your business is crucial to its longevity. Whether you need money for operating expenses or are looking to expand, there are many reasons you might need access to additional capital. If you’re a small business owner, here are some capital options you may want to consider. Bank Loans Bank loans and alternative business loans are both common ways for companies to raise capital.

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The Benefits of a Virtual Address for Your Florida LLC

incfile

Whether you’re running a business from your Florida home or plan to start a company without setting up a brick-and-mortar location, consider the protection of a virtual business address. A virtual business address for a Florida LLC will protect your privacy, allow you to work from anywhere, create a professional look for your company, and save you from one of the largest business expenses — rent.

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8 Real Estate Business Ideas

Lendio

The real estate market is always changing. Currently, the threat of a “housing crash,” skyrocketing interest rates, and faltering housing prices is looming. Despite this, however, it’s still a great time to break into the real estate market business. The past few years have caused many to pursue careers that are steady and stable through economic challenges.

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Implementing SaaS Software into Your Accounts Receivable Workflow

Bectran

Managing accounts receivable (AR) can be a time-consuming and complicated process for any business. And as your business grows , your financial needs grow with it. But the traditional means for supporting an efficient AR process is cumbersome , especially as your business scales.

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Lessons We Can Learn from These 8 Startup Statistics in 2019

incfile

Analyzing and learning from startup statistics can put you on the right track to having a successful business. Evaluating topics like what kinds of people start a business, what situations are typical for new entrepreneurs, what kinds of risks and threats are common and what businesses are more or less likely to succeed can prove useful in your own business journey.

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Streamline Your Payment Processing with Lockbox Payment

Emagia

Your business can simplify how it receives its payments from clients and gain access to the cash by using lockbox payment. When corporations use a lockbox service, they set up a unique P.O. box where their clients can mail their payments. Lockbox processing is a practical and effective method for businesses to manage their deposits because it lets them outsource the payment processing and concentrate on other facets of their operations.

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10 E-Commerce Challenges and How to Overcome Them

incfile

By 2025, slightly over 80% of the U.S. population will be making online purchases, and trade pundits expect the market to grow by over 13%, according to Statista. However, the online marketplace isn't as straightforward as posting a few pictures and seeing sales. There are some unique challenges e-commerce businesses face.

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Primary First Take Analysis: Price Whispers for Travelodge £550M Fixed Rate Sterling Tranche SSN in 11% Area In Line With Comps, Despite Weaker Collateral, Credit History; Exposure to Inflation Remains Even After Price Increases, Rent Caps

Reorg Blog

The post Primary First Take Analysis: Price Whispers for Travelodge £550M Fixed Rate Sterling Tranche SSN in 11% Area In Line With Comps, Despite Weaker Collateral, Credit History; Exposure to Inflation Remains Even After Price Increases, Rent Caps appeared first on Reorg.

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21 Side Hustle Statistics | Incfile

incfile

Quiet quitting, Zoom fatigue, burnout…whatever you want to call it, there are a lot of reasons to turn to a side gig to feel fulfilled. So many reasons, in fact, that the majority of Americans have some sort of side hustle in the works.

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Healthcare Industry Shifting to More Efficient Claim Statusing

SSI Healthcare Rev Cycle Solutions

Healthcare Industry Shifting to More Efficient Claim Statusing CMS recommends providers adopt EDI 276/277 Transactions for Medicare April 19, 2023 Author: Brittany Lapeyrouse, Product Manager, SSI As the healthcare industry moves towards greater interoperability using electronic exchange of health information, EDI transactions are becoming increasingly substantial.

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Home-Based Business Statistics to Know Going in 2023

incfile

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UPDATE 1: Vedanta India to Secure Zinc International Loan

Reorg Blog

The post UPDATE 1: Vedanta India to Secure Zinc International Loan appeared first on Reorg.

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Pan Brothers Approaches Lenders for Refinancing

Reorg Blog

The post Pan Brothers Approaches Lenders for Refinancing appeared first on Reorg.

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Primary Analysis: CABB

Reorg Blog

The post Primary Analysis: CABB appeared first on Reorg.

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