Fundera

SEPTEMBER 11, 2018

Benefits of Getting an EIN. File Business Taxes and Avoid Tax Penalties. Prevent Identity Theft. Add Credibility as a Freelancer and Independent Contractor. Speed Up Business Loan Applications. Open a Business Bank Account. Build Trust With Vendors. Establish Business Credit. Easily Hire Employees. Get More Options as an Overseas Entrepreneur. An employer identification number (EIN), or business tax ID, is a unique nine-digit number that you use when filing taxes for your business.

Deductions 100

Deductions Bankruptcy Credit Scoring Small Businesses 100

GoCardless

SEPTEMBER 9, 2018

We surveyed 500 millennial organisation members about their preferences on payment methods, billing cycles, security and more.

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52

Fundera

SEPTEMBER 13, 2018

Hand-knit dog booties? Portraits made of gum? “Seinfeld”-themed enamel pins? Whatever objects you love to craft, no matter how niche they are, there’s a horde of consumers out there looking for your product—and most of them are browsing the Etsy marketplace. If you don’t have previous experience with the platform, opening an Etsy shop may seem like a complicated prospect.

Credit and Collections 94

Credit and Collections Credit Scoring Transactions Default 94

Fundera

SEPTEMBER 14, 2018

Estate Planning for Small Business Owners in 8 Steps. Start with a will and basic estate plan. Plan for tax efficiencies. Sort out issues in family-owned businesses. Draft a buy-sell agreement (for multi-owner businesses). Buy life and disability insurance. Create a succession plan. Have a discussion with affected parties. Update your estate plan as necessary.

Small Businesses 85

Small Businesses Law Firms Transactions Default 85

Fundera

SEPTEMBER 12, 2018

1099 vs. W2 Employee. 1099 workers are self-employed independent contractors. They receive pay in accord with the terms of their contract and get a 1099 form to report income on their tax return. In contrast, a W2 employee is entitled to a regular wage and employee benefits such as sick leave. The employer withholds income taxes from the employee’s paycheck and has a significant degree of control over the employee’s work.

Small Businesses 75

Small Businesses Default 75

Fundera

SEPTEMBER 13, 2018

For women in the workforce, the gender wage gap is a very real problem. And according to research from FreshBooks, women employees aren’t the only ones contending with lower wages: Self-employed women also earn 28% less than their male counterparts , on average. A disheartening 70% of women surveyed by FreshBooks said discrimination and the “glass ceiling” were big factors in their decision to pursue entrepreneurship.

Credit and Collections 71

Credit and Collections Small Businesses 71

Fundera

SEPTEMBER 11, 2018

Adding the word “business” in front of “credit card” can make the whole thing feel stuffy, but it doesn’t have to be that way—in fact, there are plenty of cards available with perks just as cool as the latest consumer cards. We’ve done the dirty work and not only found the seven best perks on the market but figured out how to use them to your business’ advantage. 1.

Credit Scoring 65

Credit Scoring 65

Fundera

SEPTEMBER 8, 2018

Like the weather, business revenues fluctuate. In fact, for many businesses, the very reason business revenues fluctuate is because of the weather. If you’re the owner of a seasonal company, you know the ups and downs of seasonal cash flow all too well—which is why the best seasonal loan options can really be a help when you’re in a crunch. Many business owners who are dependent on the hot or cold temperatures to make their products or services thrive have come to depend on business financing to

Credit Scoring 57

Credit Scoring Small Businesses 57

Fundera

SEPTEMBER 9, 2018

Online advertising, social media, and your company website are all useful tools for promoting your small business. A clever online ad campaign or Facebook post that goes viral can boost visibility and help drive sales, but it could also put your business at risk for an advertising injury lawsuit. Here are three mistakes that can arise from online marketing, along with tips on how to protect your business from the financial repercussions of online advertising errors with general liability insuran

Small Businesses 55

Small Businesses 55

Fundera

SEPTEMBER 14, 2018

If you’re a small business owner within Citizens Bank’s jurisdiction, you might have researched the Rhode Island-headquartered bank’s small business loan program, or you might just like keeping your personal funds there. Either way, it’d make sense that you’d also be interested in a Citizens Bank business credit card, if only to cover your bases. Actually, there are two Citizens Bank business credit cards: the Everyday Points Business Mastercard and the Business Platinum Mastercard.

Credit Scoring 45

Credit Scoring Small Businesses 45

Fundera

SEPTEMBER 8, 2018

If you have a PNC business banking account , it’d make sense for you to be curious about the bank’s business credit card program. Here’s both the good and the bad news: PNC does offer business credit cards—in fact, they offer a suite of five. So if you’re a PNC loyalist, and you’re intent upon maintaining that loyalty, your odds of finding a PNC business credit card that suits your business are pretty good.

Transactions 45

Transactions 45

Fundera

SEPTEMBER 10, 2018

As an entrepreneur, you’re constantly innovating and coming up with another big idea—and seeking funding to turn that idea into a reality. And if you don’t have the financial and professional credentials that lenders need to see to be approved for a typical small business loan , crowdfunding just might be your best option. You’ve likely heard of the two major crowdfunding players, Kickstarter and Indiegogo.

Credit and Collections 40

Credit and Collections Deductions Small Businesses Transactions 40

Fundera

SEPTEMBER 9, 2018

You know from having been through the SBA loan application and approval process that getting financing from the U.S. Small Business Administration is no small feat. It means you’ve been vetted and given the go-ahead as an elite group of America’s most financially savvy business owners. And, whatever happens, no one can take that away from you. But life, and business, does happen, and some who take out SBA loans do experience SBA loan default.

Default 40

Default Credit and Collections Debt Collections Small Businesses 40

GoCardless

SEPTEMBER 11, 2018

6 steps to improving new member online engagement, satisfaction and retention.

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52

Fundera

SEPTEMBER 12, 2018

Kicking a startup into accelerated growth mode takes capital. And a lot of it. Although startups do have options for business funding , it’s admittedly difficult to get a hold of the money you need to go big without a substantial financial track record. Some startups also don’t want to take on too much debt early on, and would rather give up equity to angel investors for small business.

Small Businesses 99

Small Businesses 99

Fundera

SEPTEMBER 10, 2018

As a consultant, you stay busy helping your clients improve and take care of their businesses. So busy, maybe, that it can be easy to forget to improve and take care of your business. But if you’re not managing your consulting business properly, you won’t be able to help your clients manage their businesses—at least not for long. One of the top areas of your consulting business that you need to manage is your accounting.

Dashboards 45

Dashboards Credit and Collections Transactions Small Businesses 45