Sat.Feb 01, 2020 - Fri.Feb 07, 2020

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A Strong January Employment Report

Abrigo

This morning’s Employment Situation report from the Bureau of Labor Statistics showed decent strength in labor markets. In January, there were 225,000 new jobs added, significantly higher than the 161,000 jobs predicted. The headline unemployment number (U3), which was expected to remain unchanged, ticked up one-tenth to 3.6%. Job gains were strongest in construction, health care, and transportation and warehousing.

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10 Most Profitable Franchises in the U.S.

Fundera

For aspiring entrepreneurs, joining a franchise is an excellent opportunity to become a business owner while mitigating much of the risk involved in starting a business from scratch. That’s because franchise advantages include a proven business model, name recognition, vendor and supplier network, and more—which cuts out a lot of the work involved in starting a business from the ground up.

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Get paid via instalments with GoCardless for Xero

GoCardless

Today we’re making it even easier to collect payment for your Xero invoices.

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OFAC Symposium 2019 – Maximum Pressure and Who’s Feeling It

Abrigo

Key Takeaways The OFAC Symposium highlighted the "maximum pressure strategy" to address tensions. The OFAC has increased sanctions activity. The OFAC modernized communication to increase efficiency. After a three-year hiatus, the highly anticipated OFAC Symposium provided a wealth of information to financial institutions, attorneys, government officials and other attendees in a closed-to-the-press event.

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Hosted vs. On-Premise Solutions for Financial Institutions

Abrigo

Key Takeaways At many financial institutions, a substantial share of the IT budget is tied up in technology infrastructure and maintenance and cannot be used for new initiatives. Financial institutions generally are moving away from self-managed, on-premise technology and are finding hosted solutions that provide the security and scalability they need.

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7 Beauty Business Ideas for 2020

Fundera

7 Beauty Business Ideas. Become a freelance hair and/or makeup artist. Open a salon. Resell new or lightly used beauty products. Become a freelance esthetician. Become a brow, nail, or lash technician. Start a beauty blog. Sell your homemade beauty or skincare products. If you have a passion for helping people look their best and you want to start a business of your own, the beauty industry may be the place for you.

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How to Start a Virtual Assistant Business

Fundera

If you’re highly organized, love to support others, and want to work remotely, you may consider starting a business as a virtual assistant. It can be a perfect solution for many entrepreneurs and small businesses: You have the freedom to work from wherever you like, and the businesses you work with get the help they need, when they need it. Whether you’re considering how to start a virtual assistant business or are looking to learn more about this flexible career path, this guide will break down

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How to Start a Nail Salon: A Step-by-Step Guide

Fundera

5 Steps to Starting a Nail Salon. Write a business plan. Organize your finances. Find a location and obtain supplies. Stay compliant with licenses, permits, and insurance. Market your nail salon. Often, nail salons are more than places for people to pamper themselves. As gathering places for friends and neighbors to bond, nail salons can become fixtures in a community.

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How to Start a Greeting Card Business: A Step-by-Step Guide

Fundera

How to Start a Greeting Card Business in 7 Steps. Identify your niche. Create a business plan. Obtain licenses, permits, and insurance. Find a home for your cards. Get your hands on small business funding. Find and manage supplies. Write a marketing plan. Sending a greeting card can really brighten someone’s day. Whether you want to congratulate them, say happy birthday, or just let them know they’re on your mind, sending a card is a simple act that shows a loved one you care.

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The Ultimate Guide to Estimated Taxes

Fundera

One of the biggest surprises for a small business owner is how much your taxes change. When you’re working for someone else, you pretty much only think about taxes once per year, when they’re due. But once you start your own business, taxes get a lot more complicated. Suddenly you have bookkeeping to do, self-employment taxes to pay, and estimated tax payments to make. .

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11 Restaurant Ideas for 2020

Fundera

11 Restaurant Ideas to Try. Food Truck. Cafe. Pop-Up. Family-Style Dining. Specialty Restaurant. Offer Cooking Classes. Serve Farm-to-Table Food. Make It Interactive. Have a Defined Theme. Make It Picturesque. Partner With a Brewery or Winery. While starting a business in any industry can be a leap of faith to a certain extent, opening a restaurant is seen as particularly risky.

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How your business can benefit from economies of scale

GoCardless

Cost reductions can occur when businesses increase production. Learn more here.

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How to Start an Ecommerce Business – A Step-by-Step Guide

Fundera

How to Start an Ecommerce Business in 7 Steps. Research the ecommerce space and find your niche. Select your business name and choose a legal structure. Apply for an employer identification number (EIN). Obtain business permits and licenses. Choose your ecommerce platform and create your website. Source or develop your products. Market your ecommerce business.

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Beneficial Ownership: Is the U.S. Doing Enough to Pierce the Corporate Veil?

Abrigo

Key Takeaways The global AML community has long seen the U.S. as behind in KYC. The CDD Rule has strengthened U.S. CDD expectations – both at onboarding and with ongoing monitoring. Pressure continues for increased transparency and verification to fight money laundering and terror financing through shell companies. Anonymous shell companies are one of the most widely used methods for money laundering and hiding the proceeds of corruption around the globe.

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The Complete Guide to the SBIR Program

Fundera

What Is the SBIR Program? The Small Business Innovation Research program is a large and competitive initiative run by the federal government with the one basic motivation of encouraging small businesses to invent. According to Matthew Weinberg, former senior advisor in the Small Business Administration’s Office of Investment and Innovation , the SBIR program represents the “crossroads of all paths of innovation,” showing the public sector represented and reflected in innovation and science.

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How to Get Insurance for a Car Rental Business

Fundera

No matter what kind of small business you run, getting the right insurance coverage is essential to protecting your company from the unexpected—whether an accident, natural disaster, or lawsuit. However, when you own a business that poses a greater daily risk—like a car rental business—comprehensive small business insurance is even more imperative, and often more complex.

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The Complete Guide to Building Relationships With Clients

Fundera

How to Build Relationships With Clients. Do your homework. Practice active listening. Be friendly and personable. Build a partnership. Deliver on your promises. Keep them in the loop. Ask for feedback (and apply it). Be the expert. Take accountability when you slip up. Explore other communication forms. Express gratitude. Long-lasting relationships are difficult to forge and even harder to maintain, especially in the business world.

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How to Start a Digital Marketing Agency

Fundera

Starting a Digital Marketing Agency in 4 Steps. Develop a business plan. Register your business. Get insured. Explore business financing options. No matter the business or industry, there’s always going to be a need for companies to market themselves to new and existing clients. The proliferation of digital marketing tools has made it easier for businesses and entrepreneurs to try their hand at developing effective marketing campaigns.

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How This Entrepreneur Brought Traditional Yoga Practices to His Brooklyn Community

Fundera

Unit 108 Yoga is the only yoga studio in the Sunset Park neighborhood of Brooklyn, New York. Considering yoga studios are a dime a dozen in most urban neighborhoods, including nearby Park Slope, Red Hook, and Gowanus, this is pretty unusual. But Sunset Park is a bit different from those areas. The neighborhood comprises predominantly immigrant families (mostly Latino and Asian), the population skews older, and there’s not a single Starbucks within its 48-block radius.

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