January, 2018

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What Do Bookkeepers Do, and How Can They Help My Business?

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So, what do bookkeepers do, exactly? There’s no cut-and-dry answer to this question—bookkeepers can wear many different hats depending on what your business needs. That said, there are a few things that almost every bookkeeper can take care of for your business. Though the role of a bookkeeper is a multifaceted, there are some core tenants to what bookkeepers do.

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7 Startups That Are Working to Help Small Businesses

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Going into business is hard enough. Having to wear all the hats and “do all the things” can be even harder. Fortunately, in today’s world of innovation and technological advancement, there’s plenty of business help provided by trusted partners in virtually any field or business discipline. From apps to consultants and agencies and all the businesses in between, it’s good to know that there are many businesses that exist solely for one purpose: to support your business!

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30 Game-Changing Productivity Tools for Small Business Owners

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Running any business is a complicated endeavor. But with the right productivity tools it can become a much simpler undertaking. . It may feel like every little thing requires specific thought and process—and if you don’t get it right, you risk losing sales, customers, or even the failure of your business entirely. It might feel like you’re sweating the small stuff while you’d rather be thinking big picture.

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Building Your Tribe: How to Capture and Cultivate an Aligned Audience

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For small business owners seeking to stand out in a crowded market, finding and nurturing a “tribe” of loyal customers is critical to success. But how can you uncover and inspire passionate fans and followers? Here are seven steps to capturing and cultivating your business’s tribe. 1. Know what your business is all about. To find the people you belong with, you first have to know who you are.

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7 Tips to Use Blogging to Grow Your Business

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The benefits of blogging for business are endless, but you need a strategic, research-based approach for the best results. Problem is, you’ve come across so many suggestions on how to use a blog to promote your business offerings—what’s the most effective way to execute this content marketing strategy? The good news: You can put some basic things in place, no matter your niche or business type, that’ll help you launch and maintain an effective blogging strategy that markets your busi

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What Happens If Your Business Gets Audited by the IRS?

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Getting audited by the IRS naturally sounds very scary. Many business owners fear an audit by the IRS more than any other obstacle they face. This fear—or at least this level of fear—is largely unfounded. If you’re wondering what happens if your business gets audited by the IRS—keep reading. While concerning, an IRS audit typically results in nothing more serious than an additional tax bill and occasionally a penalty.

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Do SBA Loans Require a Personal Guarantee?

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Small Business Administration loans, or SBA loans , are some of the most complicated loan products out there for small business owners—but they’re great if you can qualify. . Although there is more paperwork involved than with a traditional loan, lower interest rates and longer loan terms make SBA loans worth the hassle. As you prep for the process of applying for an SBA loan—of which there can be many steps—you might also be wondering if SBA loans require a personal guarantee.

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Is A Ridiculously Low-Tech Marketing Campaign Worth Your Time?

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The common consensus is that if you want to reach people in 2018, you need to use the internet. Ads on Facebook or Instagram, job listings on Monster or LinkedIn, email newsletters—these areas are where your campaigns should be focused. Or here’s another idea: Go ridiculously low-tech with your campaign to get people’s attention. Sandwich boards, billboards, catalogs—the kinds of things that went out of style years, if not decades, ago—are the new black here. .

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How to Incorporate a Business: A Step-by-Step Guide

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In light of recent congressional legislation lowering the corporate tax rate for many businesses to 21%, a growing number of entrepreneurs will inevitably be exploring how to incorporate their businesses. They’ll want to take advantage of tax savings they might not otherwise receive if they organized their businesses as LLCs, partnerships, or disregarded entities.

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The Weirdest Interview Questions Asked By Top Tech Companies

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When you’re launching your own business, one of the most exhilarating (and equally frustrating) parts of setting up shop involves finding talent. Finding the right employees can be tricky, and you usually only have an hour face-to-face to discover whether they’re the support that your small business needs. Tech giants, like Facebook and Google, may be big corporations today, but they started (fairly recently, all things considered) as small businesses too.

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Understanding Tax Obligations for Self-Employed Individuals

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Tax obligations for self-employed individuals can get very complicated, very quickly. Many consultants, freelancers, and other self-employed workers mistakenly believe their tax obligations won’t change much once they leave their 9 to 5 jobs. What these individuals often fail to understand is their tax obligations will likely increase, and failure to meet these obligations can have serious and costly ramifications.

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Easy Business Credit Cards to Get Approved For: Your Game Plan

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When it comes to small business finance, one word that you certainly won’t automatically think of is “easy.”. In fact, finding anything simple and straightforward within the realm of small business finance is probably a welcome surprise for any small business owner. Well, though they might be few and far between, easy business credit cards to get approved for do exist, and we’re here to help you find your very best choices.

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Business Line of Credit for Bad Credit—Your 3 Best Options

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If you have limited or poor credit, then considering a business line of credit for bad credit could be a smart move—either on its own or coupled with another small business loan. A business credit line can give you easy access to working capital that you can use to cover your business’s expenses. What if you have a less-than-desirable credit score?

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How to Get Funding to Start a Business

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You have the great idea for a new business. Full of passion and enthusiasm, you lay awake at night thinking about your perfect customer and how thrilled they will be at what you can offer. Perhaps it’s the realization of a lifelong dream—or simply the perfect application of your skills and experience. There’s just one problem, you realize—starting a business costs money.

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How to Prepare an SBA Loan Package

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If you’ve done any amount of research into financing options for your small business, you probably quickly learned that applying through one of the U.S. Small Business Administration’s various loan programs will be by far your best available option. But now you might be wondering how to prepare an SBA loan package. Because SBA loans are typically long-term, low-interest, and partially backed by the federal government, they are consistently ranked as the most affordable and sought after for

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Is There an SBA Loan Credit Score Minimum?

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SBA loans are a coveted type of financing for small business owners. But is there an SBA loan credit score minimum? . Even though the program is meant to help more small businesses get financing, it does have strict requirements for qualifying—including a good credit score. But where does the U.S. Small Business Administration draw the line on SBA loan credit score minimum?

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10 Inspiring Leadership Lessons From Leslie Knope (Infographic)

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The last episode of NBC’s Parks and Recreation aired in February of 2015, but that hasn’t put a damper on the cult-like popularity of the show. While every character collected their share of fans, Leslie Knope has become something of a patron saint amongst overachievers, and her unique brand of unfalteringly sunny ambition has left a lasting legacy—on and off the screen.

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The Top New Business Loan Requirements You Need to Know

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If you’re a new business owner looking for business funding for your startup, your options might be limited. But it’s helpful to know the new business loan requirements that you might come across in your search for financing. During the underwriting process, many business lenders will evaluate your business history to see how risky lending to your business would be.

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You Won’t Believe How These 10 Famous Companies Started Out [INFOGRAPHIC]

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Do you long to be your own boss or start your own business? If so, you’re not alone. 70% of Americans said that they wanted to be self-employed. But once you know that you want to be your own boss, the next step is figuring out what you want to do. No big deal right? If you’ve found yourself paralyzed when it comes to deciding your business venture, there’s a few success stories that you need to hear about.

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What Amazon HQ2 Can Teach Entrepreneurs About Business Expansion

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We’re kind of living in a real-life episode of The Bachelor right now—only this one has an entrepreneurial spin. Amazon’s HQ2 project initiative has 20 cities as candidates vying to become the home to Amazon’s second headquarters in North America. “Winning” means much more than an on-air marriage proposal though, as the second campus is expected to create hundreds of thousands of new jobs and billions of dollars in investment for the surrounding community.

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The Difference Between an Employee and an Independent Contractor

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Do you know difference between an employee and independent contractor? As you grow your business, understanding the distinction between these two terms will be critical. Hiring an employee vs. an independent contract comes with a unique set of pros and cons, especially when it’s time to file your business taxes. So, what’s the difference between an employee and an independent contractor?

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What Is a Small Business Loan? Exploring the Fundamentals

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What is a small business loan? This is an essential question that every new (or seasoned) small business owner should be asking. Whether you have an invention or a skill you want to share with the world or you simply like the idea of working for yourself, there are plenty of reasons to pursue small business ownership. Yet more often than not, entrepreneurs in the early days of their business journeys tend to be halted in their tracks by one overwhelming revelation: In order to make money from yo

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Does No Credit Check Equipment Financing Exist?

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If you’re new to the world of small business funding, you might be disappointed to learn that your credit score is a major determinant of your business’s financial fate. When you need a business loan to grow your company, you can be sure that your credit score will be checked before you’re approved. With that being said, these days, there are more types of business loans out there than ever.

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How to Apply for an Employer Identification Number (EIN)

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If you own your own business, you’ll likely need to apply for an Employer Identification Number, or EIN, at some point. An EIN is a nine-digit number assigned to your business by the Internal Revenue Service and may be used by your business when filing and paying taxes. The good news is that application process is easy and free, and you can apply for an Employer Identification Number online, by mail, or fax.

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NYC Boutique, Archerie, Drives Growth Without Sacrificing Mission

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Jillian Kaufman Grano thinks a lot about the clothes she produces. While other fashion brands continue to rev up the velocity at which they churn out clothes, Jillian’s company Archerie remains steady—focusing on the quality of every piece. But that’s certainly not to say this small business is moving slowly. Since 2010, Jillian has been producing women’s clothing of the utmost quality.

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Do SBA Loans Require a Personal Guarantee?

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Small Business Administration loans are some of the most complicated loan products out there for small business owners—but they’re great if you can qualify. Although there is more paperwork involved than with a traditional loan, lower interest rates and longer loan terms make SBA loans worth the hassle. As you prep for the process of applying for an SBA loan—of which there can be many steps—you might also be wondering if SBA loans require a personal guarantee.

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The Best Business Credit Cards for Fair Credit

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When you’re sifting through your options for business credit cards for fair credit, it’s easy to get caught up in an all-too-real conundrum: It’s difficult to secure a business credit card with a less-than-stellar or limited credit history. But, at the same time, the best way to build or rebuild credit is with a credit card. What’s a business owner to do?

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Office Depot Business Credit Card: What You Need to Know

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So, small business owner, you want to get more for your office supply spend. Specifically, you want to earn more for your office supply spend at Office Depot. Now, your reflex might be to jump into putting that spend on an Office Depot business credit card. However, as you’ll soon see, many business credit cards can give you lucrative returns on your office supply purchases, plus much, much more.

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Review of the Wells Fargo Business Card Rewards Program

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For small business owners, the prospect of earning lucrative rewards for business spending as usual can certainly be an exciting one. And with good reason—with all of the investing you’re doing in your business, earning as you invest can be a game changer. That said, it’s crucial to not get caught up in the excitement of it all—you’ll have a lot of business credit card rewards programs to wade through, and you’ll want to get an idea of all your options in order to choose which will be the very b

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Finding Your Top Alternative to a Chase Secured Business Credit Card

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If you’re a business owner who’s looking to build credit and who also happens to bank with Chase, you might be asking yourself, “Is there such thing as a Chase secured business credit card?”. The short, simple answer to this question? Well, no. But even though there’s no Chase secured business credit card, you’ve still got some pretty stellar choices for building credit or spending with a Chase business credit card.

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Spirit Business Credit Card Review and Alternatives

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With their ultra-competitive pricing for flights, Spirit might be the airline of choice if you’re a particularly frugal business owner. Can you make this less-than-cushy yet extremely affordable traveling experience work for you? One straight-shot to improving flying with Spirit could be choosing the Spirit business credit card—the Spirit Airlines World Mastercard®—as your go-to business credit card.

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