November, 2018

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Where to Get Free Legal Advice for Your Business: 5 Options for Businesses on a Budget

Fundera

The average hourly rate for a business lawyer can range anywhere from $100 per hour in a small town to more than $1,000 per hour for a senior partner at a big city law firm. Given these rates, it’s no wonder many small business owners want to know if it’s possible to get free legal advice for their business. While free and cheap legal services aren’t easy to come by, they are available if you know where to look.

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Learn Why Americans Should be Outraged at the Healthcare System: A Recap of Dr. Robert Pearl's Keynote Address

MediRevv

Dr. Robert Pearl, the former CEO of The Permanente Medical Group, the nation’s largest medical group, is one of today's foremost thought leaders and authors in the healthcare industry. He shares his personal stories peppered with current, relevant statistics that paint an accurate picture of the United State's healthcare system and dispel any illusions or misinformation.

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What I wish I had known: Cash flow edition

GoCardless

Poor cash flow is responsible for almost half of small business insolvencies in Australia. In this guide, we ask small business leaders to tell us how they took control of cash flow, and what lessons they learned along the way.

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High Yield Strategy-Based B2B Collections Management Solution

Bectran

The goal of any collection effort is to collect money owed to a company at minimal costs. Every company hopes their customers would pay on time within the credit term granted. When customers do not pay on time due to various reasons, the Collection process is triggered to resolve potential issues hindering the customer from paying, and to ultimately get the customer to pay.

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Do You Need a Small Business Coach?

Fundera

Starting a small business is no easy feat. Neither is running a successful one. There are several milestones along the process of starting a business and priming it for long-term success. Each of them requires different strategies, approaches, and resources to keep things moving along. More often than not, you’ll have to abandon the best-laid plans if they don’t turn out the way you’d hoped.

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HR for Small Business: The Ultimate Guide

Fundera

Human resources means different things to different people. To job seekers, human resources (HR) is the recruiter and gatekeeper, deciding whether or not their application will progress. To the new hire, HR is an ally and coach, helping them learn their role and understand the organization. Tenured employees view HR as being responsible for their continued development, motivation, safety, and wellness.

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How to Make Influencer Marketing Work for Your Small Business

Fundera

If you’ve researched online marketing strategies lately—or even if you’re a mainstream consumer—chances are you’ve seen the phrase “influencer marketing” (or at least “influencer”) thrown around. It seems to be the buzzword of the moment, but what it is and why it works is a bit more complex than what this simple term might suggest. As a brief refresher, influencers are people who have created an audience in a distinct niche on one or more social media platforms.

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Fringe Benefits: What Are They and Should You Offer Them to Your Employees?

Fundera

Fringe benefits have never played a more important role in the workplace. Defined as benefits given to an employee beyond an agreed-upon wage or salary, fringe benefits are a key indicator of employee satisfaction , production, and retention. A recent survey by Zenefits, an HR software company, revealed that 70% of employees agree that fringe benefits would be a major consideration in evaluating future job opportunities.

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2019 Millennial Entrepreneurs and Money Report

Fundera

Millennials in the workplace is a topic that draws a lot of attention. However, most studies of working millennials place all their focus on millennial employees. You won’t find many in-depth studies of millennial entrepreneurs. In part, this is because rates of entrepreneurship are relatively low among millennials compared to their Generation X and baby boomer predecessors.

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5 Steps to Respond to a Negative Online Customer Review

Fundera

As a small business owner, you put your blood, sweat, and tears into your company. You’re working holidays, spending long nights away from your family, and constantly prioritizing your business over other commitments in your life. It can be hard work, but it’s worth it because you’re doing exactly what you love. So when you discover a negative review online, it can be extremely frustrating.

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How to Price a Product or Service

Fundera

Every entrepreneur faces the complex question of how to price their product or service, and it’s a decision that can make or break your business. Unfortunately, there’s no set formula for this calculation, and experts hold vastly different opinions on the matter. You might have heard the popular maxim that pricing is more art than science, and our research bears out this principle.

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How This Business Owner Left Corporate America to Become a Health-Food Entrepreneur

Fundera

If you’ve been to a juice bar or health-food store recently, you’re likely familiar with acai. Whether you know how to pronounce acai is one thing (for the record, it’s ah-sigh-EE ), but you may know that this Amazonian superfruit is loaded with macronutrients like protein and fiber, micronutrients that boost brain and cellular functioning, and antioxidants that protect your body from both environmental and biological toxins.

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16 Creative Ways to Finance Your Passion Project (Infographic)

Fundera

No matter your budget, you shouldn’t let your lack of finances keep you from pursuing your dreams. There are many options out there for people looking to fund everything from their new app idea to their knitting business. Even if you don’t have much time or money, there’s always a way to raise capital if you’re motivated to see your project succeed.

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4 Ways Your Small Business Can Stand out on Small Business Saturday

Fundera

American Express established Small Business Saturday to address a specific need for small business owners back in 2010. At the time, small businesses were struggling to get more customers. They needed help getting customers in their doors, increasing sales, and gaining community recognition. Small Business Saturday was launched in support of local businesses and has become an annual holiday shopping tradition.

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10 Best Invoice Software for Small Businesses

Fundera

As a small business owner, you need to be able to invoice your customers quickly and accurately, and using invoice software is the most streamlined way to do so. But, as is almost always the case, the best invoice software for you depends on the type of business you own. If your business is very small—or if you’re just getting started—you might choose to use free invoice templates and keep track of your outstanding invoices in a spreadsheet.

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Small Business Saturday 2018: The Ultimate Guide for Small Business Owners

Fundera

Situated between the long lines of Black Friday and the seemingly-minute-long online deals of Cyber Monday, is a relatively new holiday which glorifies the value of American small businesses : Small Business Saturday. This national holiday, which was first celebrated in 2010, calls to attention the importance of shopping at the small businesses that serve as the backbone of the American economy and our local communities.

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Yelp for Business Owners: The Step-by-Step Guide to Getting Found

Fundera

Have you ever pulled up your Yelp app to find the best spots around you? Maybe you’re looking for a great tapas restaurant, the best dentist in your town, or the coolest vintage clothing store in the city. Yelp is a way that millions of users connect to amazing small businesses in their area. And odds are, you yourself have used it personally to find businesses near you.

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What Is a UCC Filing? (and Why You Need to Know)

Fundera

What Is a UCC Filing? UCC filings or liens—more formally titled UCC-1 financing statements—are legal forms that a creditor files to give notice that it has an interest in the personal or business property of a debtor. Essentially, UCC lien filings allow a lender to formally lay claim to collateral that a debtor pledges to secure their financing. If you’re a small business owner interested in expanding your business credit profile, it’s difficult to know what next steps you can take beyond the ba

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How to Use Assets, Liabilities, and Equity to Check Business Financial Health

Fundera

Assets, Liability, Equity: The Balance Sheet Equation. The basic balance sheet equation is Assets = Liability + Equity. The purpose of the equation is to show what the company owns, purchased on credit or through its shareholders’ investments. The purpose of the equation is to show the financial strength of your business on any given day, and whether you’ll be able to meet your financial obligations.

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How to Reconcile in QuickBooks Online: Step-by-Step Instructions

Fundera

How to Reconcile in QuickBooks Online: Step-by-Step Instructions. Click on the Gear button, then on “Tools” and then “Reconcile.”. Click on the drop-down menu under “Accounts” and select the account you want to reconcile. Enter the “Ending balance” and “Ending date” based on your bank statement information. Match transactions to your bank statement and check them off one by one.

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The Best Payment Processing Companies for Small Businesses

Fundera

It might come as a surprise to some small business owners that payment processing services can be a completely separate product from a point of sale. Though many companies will offer payment processing services in a bundle with POS systems , other companies will specialize in payment processing services and payment processing services only. So, whether you’re an ecommerce business looking for online payment processing, or you’re a brick-and-mortar establishment looking for something more than on

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The 19 Best Small Business Opportunities to Seize in 2018

Fundera

19 Best Small Business Opportunities. Career Coach. Cost-Cutting Consultant. Errand Service. Event/Wedding Planner. Food Truck. Freelance Writer. Golf Coach. Interior Decorator. Professional Organizer. IT Contractor. Mobile Pet Grooming. Personal Shopper. Personal Trainer. Hair Stylist. Social Media Specialist. Massage Therapist. Vending Services. Virtual Assistant.

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The Ultimate Guide to Cash Flow Analysis

Fundera

What Is a Cash Flow Analysis? Monitoring cash flow is key to a healthy business. A cash flow statement analysis is a deep dive into your business’s financial health and is a way to inspect your cash flow in and out throughout a given time period. Ideally, this should be done at least once a month to ensure your company has a healthy cash budget.

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SBA 504 Loans: The Ultimate Guide

Fundera

What Are SBA 504 Loans? SBA 504 loans, guaranteed by the U.S. Small Business Administration, provide long-term financing for the purchase of real estate, equipment, and other fixed assets. The loan, which is divided between a bank and an SBA-approved certified development company, features 10- to 25-year terms, low interest rates, and a 10% to 15% down payment.

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Where Is Your Principal Place of Business?

Fundera

What Is Your Principal Place of Business? A principal place of business is your company’s primary location. It is often where your books are kept and the location where your leadership team is based. The IRS allows you to take certain deductions, depending on the location of your principal place of business. When you operate in different locations, it can be confusing to determine your principal place of business.

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The Best Restaurant POS System for Your Business

Fundera

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. And your restaurant POS system is a crucial cog in this machinery. Glitchy, slow, or unsecure restaurant point of sale systems can have some pretty serious consequences—so how can a business owner decrease the risk by finding the best POS system for restaurants?

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9 Ways Small Businesses Can Compete With Amazon This Holiday Season

Fundera

The holiday season is a perfect opportunity to boost end-of-year sales, increase revenue, and attract new customers. But no matter what time of the year it is, it can be tough to compete with ecommerce behemoths like Amazon. With a massive variety of products, discounted prices, and fast shipping, giant online retailers often offer a cheaper, more convenient buying experience.

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What Is a Timesheet?

Fundera

What Is a Timesheet? A timesheet is a system for employees and contractors to record the number of hours worked during a specific time period or the amount of time spent on a specific job. Timesheets are often used to calculate payroll. You can use a piece of paper, a spreadsheet, or cloud-based software to create a timesheet. As a small business owner, you already know that productive staff members are worth their weight in gold.

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The Keogh Plan: What It Is, How It Works, and Who Should Have One

Fundera

Saving and planning for retirement can be complicated. As a small business owner, you’re probably painfully aware that you’re on your own in this department, and that some of the more well-known retirement plans are unavailable to you. Only a corporation can establish and administer an employer 401(k) plan or 403(b) plan, for instance; the same is true for a conventional pension.

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Not Using Email Marketing Yet? Here Are 7 Reasons to Start

Fundera

As an entrepreneur, you probably hear about email marketing a lot. It outperforms social media, resulting in three times more conversions than Facebook , and implementing email marketing has become incredibly simple, even for non-techies. But yet less than 30% of small business owners in America are investing into this channel. If you, too, are still hesitant about using it for your business, we’ve gathered seven reasons that should convince you to start building an email marketing strategy toda

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Best Native American Business Loans in 2019

Fundera

Best Native American Business Loans. Community Development Financial Institution Loans. U.S. Department of the Interior Indian Loan Guarantee Program. U.S. Department of Agriculture Loan Guarantee Program. U.S. Department of Energy Loan Guarantee Program. SBA Loans. Microloans. Short-Term Online Loans. Business Credit Cards. Minorities are starting a growing number of small businesses in the United States.