Fundera
APRIL 22, 2019
Best Bookkeeping Apps for Small Business Owners. QuickBooks Online: Best for Reporting. Wave: Best Free Bookkeeping App. Bill.com: Best for Automating Accounts Payable and Accounts Receivable. QuickBooks Self-Employed: Best for Freelancers and Contractors. Bench: Best for Full-Service Bookkeeping. Expensify: Best for Handling Expense Reports. Finagraph: Best for Financial Planning.
Wellen Business Credit
APRIL 26, 2019
The American Institute of Certified Public Accountancy (AICPA) has announced the 2018 winners of The Elijah Watt Sells Award, and among them is Wellen’s very own Joe Cassata! This prestigious award, named after one of America’s first CPAs is given to high performing candidates who pass all four sections of the Uniform CPA exam on the first attempt and achieve a cumulative average of 95.5 across all four segments.
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GoCardless
APRIL 13, 2019
Australian sporting clubs have long looked to overseas sporting codes for ways in which to improve their operations and fan experiences. The UK’s Premier League is a good example of where clubs lead the way on payment strategies.
Eastern Credit Management Services
APRIL 1, 2019
For many small and medium sized businesses making sure their accounts receivable are caught up can be a difficult job. Everything from staffing to revenue can affect this department and out of control accounts receivable can quickly bog down the whole company. The simplest and most effective way to handle them is to pick up the phone and make a collection call, but this can feel awkward and as a result many businesses don’t follow up on their accounts receivable like they should be.
Fundera
APRIL 24, 2019
How to Use QuickBooks Online: 12 Resources. Quickopedia. QuickBooks Connect Conferences. Intuit Academy. QBO Blog. Real World Training. Intuitive Accountant. Scaling New Heights Conference. Twitter. QBO Chat. Between Wall and Main. Meetup Groups. The QB Show. Learning new accounting software can feel overwhelming. If you’re just starting to learn how to use QuickBooks Online , or considering making the move from QuickBooks Desktop to Online, it helps to have some support.
Fundera
APRIL 15, 2019
As a small business owner with many responsibilities, dealing with your accounting processes can certainly be one of the most difficult and time-consuming. With all of the important intricacies involved in business accounting, it only makes sense that so many professionals utilize accounting software like Xero to shoulder some of the burden. It takes time and practice, however, to learn how to use Xero in the best possible way for your business.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Fundera
APRIL 7, 2019
Exhibiting at a trade show can require a significant amount of time, effort, and money, so you’ll want to have a clear strategy in place to ensure you get the most out of the event. To help turn your trade show endeavor into a success, consider implementing the following trade show tips. Before the Trade Show Tips. 1. Research and choose the right trade show.
Fundera
APRIL 17, 2019
What Is a Cash Flow Statement? A cash flow statement is a financial statement that shows the flow of cash into and out of your business during a specific period of time. The cash flow statement shows how much cash a company receives and spends on operating, investing, and financing activities. Using this financial statement, you can see whether a company is generating more cash than it is using.
Fundera
APRIL 13, 2019
Small business owners have been looking more and more into outsourced payroll solutions to automate what can be a cumbersome process and lead to plenty of potential payroll mistakes—paying your employees and filing payroll taxes. Payroll is a core part of what makes your business function, how you build trust with employees, and how you manage the often complex payroll tax requirements involved with running a business.
Fundera
APRIL 24, 2019
How Much Does an Accountant Cost? Generally, accountants charge on an hourly basis or at a per service rate. According to the Bureau of Labor Statistics, the average hourly rate for an accountant in the U.S. is about $40. Accountant fees, however, can fall above or below this number based on the experience of the individual accountant, your location, and the specific needs of your business.
Fundera
APRIL 19, 2019
For more than 50 years, the U.S. Small Business Administration (SBA) has celebrated small business owners during Small Business Week. This week of celebration highlights how vital small businesses are to the nation and economy, and offers an opportunity for consumers to rededicate themselves to shopping locally. . This article explores what National Small Business Week can mean for your business and how you can take advantage of or participate in it.
Fundera
APRIL 17, 2019
What Is a Cash Flow Statement? A cash flow statement is a financial statement that shows the flow of cash into and out of your business during a specific period of time. The cash flow statement shows how much cash a company receives and spends on operating, investing, and financing activities. Using this financial statement, you can see whether a company is generating more cash than it is using.
Fundera
APRIL 12, 2019
What Is a Small Business Audit? A small business audit is an examination of a business’s accounting books and tax returns to make sure they are accurate and comply with relevant laws. Many businesses conduct an annual internal audit. An external auditor or IRS auditor might also audit your company. When most business owners hear the word “audit,” their thoughts automatically jump to the Internal Revenue Service (IRS) auditing their small business taxes.
Fundera
APRIL 14, 2019
How to Collect, Report, and Pay Sales Tax. Determine if your product or service is subject to sales tax. Register for a sales tax permit. Calculate the sales tax rate that you must charge. Collect the sales tax at your point of sale or checkout cart. Send sales tax return and payment to the state. Sales tax is one of many types of small business taxes that entrepreneurs are responsible for paying.
Fundera
APRIL 20, 2019
Whether you are opening a new business or yours has been around awhile, one of your biggest expenses is almost certainly labor. Managing your labor costs is a key way to achieve profitability and make sure you stay in business. Here are ways to save on labor costs in your business. Can software help automate work and save you money? There is software out there for everything, and that includes helping keep labor costs down.
Fundera
APRIL 20, 2019
Whether you are opening a new business or yours has been around awhile, one of your biggest expenses is almost certainly labor. Managing your labor costs is a key way to achieve profitability and make sure you stay in business. Here are ways to save on labor costs in your business. Can software help automate work and save you money? There is software out there for everything, and that includes helping keep labor costs down.
Fundera
APRIL 21, 2019
When it comes to running a small business, customer service is key. Even if your business has an amazing product or service, without the proper customer support, you probably won’t be able to achieve long-term success. Although it might seem like common sense, it can be challenging to implement best practices in this area. Luckily, there are many small but effective ways that your business can tackle customer service challenges.
Fundera
APRIL 21, 2019
When it comes to running a small business, customer service is key. Even if your business has an amazing product or service, without the proper customer support, you probably won’t be able to achieve long-term success. Although it might seem like common sense, it can be challenging to implement best practices in this area. Luckily, there are many small but effective ways that your business can tackle customer service challenges.
Fundera
APRIL 8, 2019
What Is a Tax Lien? A tax lien is a government’s legal claim to your property after you’ve failed to pay taxes. Should the government enforce the lien, they can seize your real estate, financial accounts, or other property that you own. Tax liens can levied against an individual’s personal assets or against a company’s assets.
Fundera
APRIL 14, 2019
What Is Intellectual Property? Intellectual property refers to business ideas and to works or processes that stem from those ideas. Examples include company logos, original literary works, and manufacturing methods. Trademarks, copyrights, and patents are the three main ways to protect intellectual property in the United States. Intellectual property (IP) protection is a largely misunderstood, but very important, part of running a business.
Fundera
APRIL 9, 2019
How to Market to Millennials. Be interactive, relevant and social. Be charitable. Sell an experience, not a “thing.” Be generous with discounts and promote sharing. Promote positive testimonials and reviews. Everyone’s talking about marketing to millennials these days. Born anywhere from the early 1980s to the early 2000s, members of the millennial generation are typically 20 to 37 years old and clock in at about 83 million—making them the fastest-growing group of consumers in the Un
Fundera
APRIL 11, 2019
How to Know If Your Accountant Is Good. There are a variety of signs that can tip you off as to whether you’re working with a good accountant or not. If your accountant openly discusses other clients with you, offers to lie or sign documents on your behalf, and doesn’t provide straightforward answers, these are signs you are not working with a good accountant.
Fundera
APRIL 10, 2019
How to Perform Job Costing in QuickBooks Online. Job costing in QuickBooks Online is a multi-step process that requires job numbers to be assigned to individual items of expenses and revenues. To get started with job costing in QuickBooks you must adjust your settings to track expenses by customer, update the settings on your customer list, products, and services, and then submit estimates and invoices to your customers.
Fundera
APRIL 9, 2019
Business Influencers Definition. Business influencers are individuals who have cultivated a specific audience, typically on social media, and therefore, have the ability to affect the purchase decisions of others. These influencers have the potential to help small business owners by promoting their business or service at little to no cost. As a small business owner, you know the tricky game that is allocating resources to a marketing campaign.
Fundera
APRIL 25, 2019
3 Best Restaurant POS Systems. Clover POS. Square for Restaurants. TouchBistro POS. Running a restaurant can feel like just that—running. Whether you’re providing a full-service or quick-service dining experience to your customers, your restaurant needs to be a well-oiled, fast-moving machine. Y our restaurant POS system is a crucial cog in this machinery.
Fundera
APRIL 26, 2019
Clint Compton enjoys a good cocktail. While out at a trendy Dallas bar with his wife in 2011, he saw something he had never seen before: His whiskey was served with ice in the shape of a sphere. The bartender explained that the sphere shape gave the drink more ice than a cube would—but since less of the ice is touching the actual drink, it melts more slowly, for an optimal drinking experience.
Fundera
APRIL 8, 2019
Running a hair salon or spa can not only be a way to pursue your passion, but it can also be a lucrative endeavor. But we don’t need to tell you that—that’s likely why you’re on the quest for hair salon financing to build out or expand your business. We also don’t need to tell you that it can take a lot of money to run a hair salon, especially up front with supplies and construction.
GoCardless
APRIL 10, 2019
Use our handy cheat sheet to make sure your payment experience is fully optimised for the requirements of your customer. Learn how to maximise payment success, get better insights into your process and reduce churn.
Fundera
APRIL 13, 2019
Xero might be a relatively new player in the U.S. accounting industry, but it’s quickly gaining in popularity. A New Zealand-based company, Xero’s reach has grown substantially with it’s U.S. offerings, even competing with big business accounting software players like QuickBooks. Built “in the cloud for the cloud,” Xero appeals to a wide range of accounts as well as business owners, forgoing accounting jargon in favor of everyday terminology.
Fundera
APRIL 26, 2019
Your business’s financial statements are a lot like a full medical report. They can tell you exactly how healthy your business is while also highlighting areas of potential concern. Simple adjustments early on can help you avoid serious complications down the road. At first glance, a full medical report might lead you to a certain conclusion about your health.
Fundera
APRIL 23, 2019
Small Business Tax Advisor Definition. A small business tax advisor is a certified tax professional hired by businesses to help year-round with preparing and filing business taxes, offering tax and other financial advice, and representing the business in the event of an audit. A small business advisor should not only have the qualifications and experience to assist with taxes but also specific knowledge of the intricacies of business taxes.
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