Fundera

AUGUST 31, 2017

If you’re thinking of starting a business, why not start an eco-friendly business? What’s an “Eco-Friendly” Business? An eco-friendly or “green” business is a business that demonstrates commitment to an environmentally sustainable future. Green businesses strive to have a positive impact on the environment and their community. This can be achieved through many practices and strategies, from recycling to sourcing local products and promoting energy efficiency.

Small Businesses 106

Small Businesses 106

Abrigo

SEPTEMBER 1, 2017

Retaining the “right” clients for your accounting firm and taking the time to develop loyal relationships with those clients should be a high priority, according to practice management consultant Charles Hylan. It is significantly more expensive to attract a new client to an accounting firm than to invest in client retention, he says. In addition, without cultivating relationships with the “right” client, accounting firms are apt to be replaced eventually by competitors – or perhaps even technol

Accounting Firms 60

Accounting Firms 60

Fundera

AUGUST 29, 2017

Do you speak accounting? A good bookkeeper or accountant can explain your business’s financial position to you in plain English, so fluency in accounting isn’t mandatory, And that’s a good thing! After all, you didn’t start your business so you could go get a degree in accounting in your nonexistent spare time. However, just as it’s a good idea to know some key words and phrases when traveling to a foreign country, it’s also wise to understand some key accounting terms before meeting with your f

Small Businesses 85

Small Businesses Transactions 85

Fundera

AUGUST 27, 2017

The best day of your business life: the day that dream client you’ve been pursuing for years signs the contract and instantly doubles your business. The worst day of your business life: the day you start executing that new business without thorough preparation. Expansion is scary, but with the right steps in place, it can be manageable. Just when you think you’ve accounted for every change that’s coming, a new one pops up and takes you completely by surprise.

71

71

Abrigo

AUGUST 30, 2017

The changes inherent in the shift from FASB’s incurred model to the current expected credit loss model (CECL) present many challenges for financial institutions and accounting professionals alike. However, the transition from an incurred model to estimating expected credit losses is not meant to be a cumbersome process, let alone one that is unmanageable.

CECL 60

CECL Credit Unions 60

Fundera

SEPTEMBER 1, 2017

If you’re just getting into the business credit card game, going straight to the Chase Ink Business Preferred SM can be pretty daunting: It has a $95 annual fee and a $5,000 signup bonus spending threshold, and it requires excellent credit. However, even if you’ve never gotten a small business credit card, the Ink Preferred is worth a long look. Chase Ink Business Preferred SM : An Overview.

Small Businesses 61

Small Businesses Transactions 61

Fundera

AUGUST 29, 2017

If you’ve researched traditional small business loans , you’re probably aware that you need to have a profitable business, a strong revenue history, and a robust personal credit score to qualify for the best options. But what if that doesn’t describe your business just yet? What if your business is brand new—or you’re growing, but not yet profitable?

Past Due Invoices 75

Past Due Invoices Credit Scoring Default AR Aging 75

Fundera

SEPTEMBER 1, 2017

850. Three little digits. One big number. What’s the deal with 850? Well, if you’re a credit score aficionado like we are, you’ll recognize 850 as the absolute perfect credit score. Once you’ve hit it, there’s just no higher to go—you’ve made it. And it’s an especially important figure for small business owners on the prowl for business financing. Out of all your financial numbers, documents, and sheets, your credit score might just be one of the most important attributes out there.

Credit Scoring 92

Credit Scoring Bankruptcy Credit and Collections Default 92

Fundera

AUGUST 30, 2017

Sometimes your business can’t afford to wait for funding —when cash reserves are low and demand is high or you’ve had an unexpected expense, immediate access to cash could make or break your business. That’s where same-day business loans come in. In some cases, you could have the cash you need in under a day. . The options for funding are many, and that’s why we’ve created this list of options to guide you in your choice when looking for same-day or otherwise quick funding options that will get

Credit Scoring 81

Credit Scoring Deductions Invoice Amount Small Businesses 81

Fundera

SEPTEMBER 1, 2017

While there’s some debate in American politics over whether or not “corporations are people,” it is true that businesses have credit scores and can receive credit reports the same way individuals do. And much like how people and their lenders can check those scores at any time, small business owners can check the credit score of their company to see its strength—and whether they’ll be eligible for trade credit, business financing , and other financial opportunities.

Credit Scoring 70

Credit Scoring Credit and Collections Bankruptcy Credit Card Companies 70

Fundera

AUGUST 28, 2017

Facebook is one of the most important digital features of the average person’s daily life—and businesses have taken note. Reports show that over 60 million businesses have Facebook pages. It makes sense at first. Marketing 101 would tell you that in order for your business to succeed, people need to know about it, and Facebook … they’ve got people. They also have tools to help you reach those people.

Small Businesses 69

Small Businesses 69