Sat.Nov 09, 2019 - Fri.Nov 15, 2019

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A Strong Loan Review System Is Good for Your Business

Abrigo

Key Takeaways Effective credit risk review promotes lending agility. Many of the objectives of a credit risk review system support business goals. Keys to effective loan review are independence, sufficient standing in the organization, and adequate funding. Regulators consider an effective loan review system vital for financial institutions’ efforts to meet safety and soundness standards.

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15 Best Startup Books You Should Read in 2020

Fundera

Whether you’re just starting a business or are a veteran entrepreneur, startup books are one of the many ways to get inspiration and to stay motivated. If you think you’re in over your head, or are just plain curious about what others have been through, startup books are a great resource full of entrepreneur advice , strategies, and inspiration. There are so many options to choose from, though, that selecting just a few to check out from your local library can become an overwhelming task in itse

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Small business guide to building the balance sheet

GoCardless

What is a balance sheet is & what does it tell you about your financial health?

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How To Minimize Bad Debt For Small Business

Eastern Credit Management Services

As a small business owner, I am sure that you understand the importance of managing your cash flow, but are you doing your best when it comes to managing your overdue accounts receivable ? Unfortunately, many small business owners are not. They are great in their field of expertise, yet are lost when they have a customer who is not paying their invoice.

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FinCEN Reissues Real Estate Geographic Targeting Orders

Abrigo

On November 8, 2019, the Financial Crimes Enforcement Network (FinCEN) reissued their Geographic Targeting Orders (GTOs) for 12 metropolitan areas. GTOs are authorized under the Bank Secrecy Act to detect money laundering and other illicit activity through the purchases of real estate. As a reminder, the purchase threshold for real estate transactions is $300,000 and includes virtual currency purchases.

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I-9 Form: What Is It, Where to Find It, and How to Fill It Out

Fundera

What Is an I-9 Form? An I-9 Form, officially called the Employment Eligibility Verification form, requires newly hired employees to provide documents showing their identity and their legal ability to work in the United States. Every employee at a company must have a completed I-9 form, filled by both the employee and the employer. As a small business owner, there is always paperwork you need to fill out.

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The Risk Your Asset/Liability Management Process Might Be Missing

Abrigo

ALM | 4 minute read Key Takeaways Many financial institutions view asset/liability management as a "check-the-box" regulatory exercise. An extreme focus on using ALM to manage the risk of rising rates means some FIs overlook using ALM to grow earnings and capital, putting them at risk of underperformance. ALM should be used to create value in all interest rate environments.

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Minnesota Small Business Grants: The Top Options

Fundera

Regardless of whether you’re just starting your Minnesota-based business or your operations are well underway, the idea of getting additional cash for your business is pretty compelling. Minnesota small business grants can provide qualifying businesses with a much-needed influx of capital that, unlike traditional business loans , won’t need to be repaid. .

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How to Open a Gas Station: A Step-by-Step Guide

Fundera

How to Open a Gas Station in 9 Steps. Write your business plan. Register your business. Secure funding. Buy the property. Secure a gas supplier contract. Obtain necessary permits and licenses. Get business insurance. Market yourself. Familiarize yourself with your day-to-day responsibilities. Have you ever wanted to open a gas station but kept delaying it because you didn’t even know where to start?

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17 Mobile Business Ideas to Get Your Company-on-Wheels Rolling

Fundera

The emerging world of work flexibility is great news for workers, yes, but also for entrepreneurs and customers. If you’re considering mobile business ideas, then you’re already well aware that this changing landscape has opened up opportunities for a whole new slate of companies to serve customers on-demand. Businesses that go to a customer can be extra convenient for those who want to spend money—and mobile business owners can charge a premium for services delivered to a client’s door.

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Dropshipping Business Ideas for 2019

Fundera

When starting a business , there are a lot of factors to consider. Among them, how you will source the products you’ll sell. If you won’t be making them yourself, you’ll need to decide who will supply them, how you’ll obtain them, and more. One popular method, for ecommerce businesses in particular, is dropshipping. . In fact, 33% of ecommerce stores use dropshipping as a fulfillment method because it’s simple, cost-effective, and convenient.

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Payanywhere Review 2019: Features, Pricing, Top Alternatives

Fundera

While there are many important steps involved in starting a business, finding the right merchant services to accept payments is one of the most crucial. After all, if your business can’t make money, it won’t get far. And while the world of payment processing is a competitive one, Payanywhere is one option that you may want to consider for your business.

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Valued Merchant Services Review for 2019: Pricing, Features, Top Alternatives

Fundera

As a small business owner, it can be difficult to choose among all the merchant services available to you. You have to research different rates, services, and different hardware and software. . Also, with the definition of merchant services continuing to expand, it doesn’t just encompass credit processing services anymore. Many merchant services providers now offer point of sale systems and online payment gateways.

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Soar Payments Review for 2019: Pricing, Features, Top Alternatives

Fundera

No matter what type of business you operate, you need to accept payment for your goods or services. There are many payment processing companies out there, but not all of them serve every industry or business type. . If you’ve been struggling to find a merchant services provider to accept your high-risk business, Soar Payments might be right for you.

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12 Family Business Ideas—Plus Tips for Starting a Family Business

Fundera

Easy Family Business Ideas. Child or elder care. Errand service. College consulting. Celebration boxes or baskets. Retail arbitrage. Tutoring. Cleaning or fix-it services. Pet sitting. Mentoring or teaching. Property rental. Gardening or lawn care. Farmers market vendor. If you’ve been thinking, dreaming, and planning to start your own small business , it can be overwhelming to consider all the steps and work it will take.

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Business Loans for Accounting Firms and Accountants

Fundera

Best Business Loans for Accounting Firms and Accountants. Best Overall Accountant Loan: SBA Loan. Best SBA Loan Alternative: Term Loan. Best Accountant Loan for Seasonality: Business Line of Credit. Best Financing for Solo Accountants: 0% Intro APR Business Credit Card. As an accountant, you’re used to worrying about other people’s money—but there might come a time in your business during which you have to worry about yourself.

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9 Business Credit Card Fraud Prevention Tactics

Fundera

Business Credit Card Fraud Prevention Tips. Keep your card secure. Change passwords regularly and make them unusual. Check your card statements. Limit your company credit cards. Be vigilant at checkout. Protect your point of sale. Promote the use of eWallets. Invest in cyber insurance. Use a prepaid business card. If you’ve had a personal credit card stolen or been the victim of fraud, you know how stressful and potentially devastating the financial damages can be.

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3 Best Email Service Providers for 2019

Fundera

3 Best Business Email Service Providers for 2019. G Suite: Best for New Businesses. Microsoft Office 365: Best for Large Teams. Zoho Workplace: Best for Long-Term Growth. There are few tools more necessary to the modern office than email. For most workplaces, the main communication tool in the office and outside of it is email. When you’re first starting your business , you might find that you’re looking specifically at business email service providers for your new company.

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Starting a Business in Ohio: A Step-by-Step Guide

Fundera

Checklist for Starting a Business in Ohio. Write a business plan. Choose a business entity. Register your business and business name. Get an EIN. Apply for required licenses and permits. Separate personal and business finances. Secure business funding. Hire employees. Market your business. If you’re looking to start a business in Ohio, then you’re already showing business savvy.