Fundera

NOVEMBER 10, 2017

November is the newly anointed National Veterans and Military Families Month. It’s an opportunity to celebrate and commemorate the people who have sacrificed so much to protect our freedoms. But what often goes unacknowledged is how veterans continue to serve our society once they return home from their military service—including contributing to our growing economy by starting businesses and employing other veterans.

Small Businesses 112

Small Businesses 112

Fundera

NOVEMBER 9, 2017

Business credit scores are vital to a business’s health and success. If you own a business and have any sort of open credit, then you certainly have a corresponding credit score. What’s a Business Credit Score? A business credit score is similar to a personal credit score. Credit reporting agencies use various methods to calculate creditworthiness—including your number of trade experiences, outstanding balances, payment history, and more—and that number ranges from zero to 100.

Credit Scoring 99

Credit Scoring Credit Reporting Agencies Credit and Collections Credit Card Companies 99

Fundera

NOVEMBER 6, 2017

Accounts receivable turnover sounds like one of those complex accounting concepts that can make your head spin, but understanding and using the concept to improve your business isn’t really that hard. We’ll uncover what you need to know about accounts receivable turnover below. Accounts Receivable Turnover: The Basics. First, let’s start with what it is: Accounts receivable turnover is a ratio used to measure how effectively a company uses customer credit and collects payment on the result

Credit and Collections 88

Credit and Collections Bad Debt Credit Sales 88

Fundera

NOVEMBER 8, 2017

Managing human resources is one of the most challenging aspects of small business ownership, and staffing costs usually comprise the largest percentage of a small business’ expenses. Because of this, many small business owners choose to utilize the services of independent contractors rather than hiring employees outright, but is this always the best choice?

Small Businesses 81

Small Businesses 81

Fundera

NOVEMBER 6, 2017

Keeping cash flow in check is a challenge for every business owner. In fact, cash flow challenges represent the number one reason that small businesses fail—including businesses that are on track for long-term profitability. No matter how successful your business is on paper, if you don’t have the necessary cash on hand when rent or payroll is due or when you need to make your next inventory order, your business can’t survive.

Small Businesses 70

Small Businesses Transactions 70

Fundera

NOVEMBER 10, 2017

In addition to running Kildal Services , I also do quite a bit of QuickBooks Online training on behalf of Intuit. Over the last few months, I’ve been collecting a list of questions from webinars and in-person events. Turns out, a lot of you have the same questions! So, I’ve narrowed them down to answer the most frequently asked questions that I encounter.

Accounting Firms 68

Accounting Firms Credit and Collections Transactions 68

Fundera

NOVEMBER 4, 2017

Do you hire, manage, and pay employees? If so, you’re probably aware of how tough payroll and HR can be. There are forms to fill, checks to sign, taxes to pay, regulations to comply with, paid time off to track, and so much more. And if you make even a single mistake, you could wind up paying off those fines and fees. ( 1 in 3 business owners experience this, in fact!).

Small Businesses 106

Small Businesses Deductions Transactions 106

Fundera

NOVEMBER 4, 2017

Do you hire, manage, and pay employees? If so, you’re probably aware of how tough payroll and HR can be. There are forms to fill, checks to sign, taxes to pay, regulations to comply with, paid time off to track, and so much more. And if you make even a single mistake, you could wind up paying off those fines and fees. ( 1 in 3 business owners experience this, in fact!).

Small Businesses 59

Small Businesses Deductions Transactions 59

Fundera

NOVEMBER 9, 2017

Balance sheets? Cash flow forecasts? Business debt schedules? Debt service coverage ratios? Finding a loan? That stuff is easy …. At least, compared to small business health insurance. Figuring out small business health insurance is notoriously one of the most difficult, complicated, frustrating, and stressful parts of running your own business. Everyone needs it—but nobody understands it.

Small Businesses 105

Small Businesses Insurance Companies Deductions 105