Sat.Jul 06, 2019 - Fri.Jul 12, 2019

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Kleptocracy – What Does it Mean to Community Financial Institutions?

Abrigo

The term kleptocracy has been used in the financial crimes profession for years, but many AML professionals do not understand its meaning and therefore are not adequately monitoring for it within their BSA/AML program. So, what is a kleptocrat? A kleptocrat is a term associated with political corruption and is defined as a ruler who uses their power to steal their country’s resources.

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How to Start a Jewelry Business

Fundera

One of the greatest joys of being an artist is sharing your work with the world. Jewelry designers in particular understand that, as jewelry can become especially sentimental to their customers. Starting a jewelry business is the best way to get your work out there and forge new connections with grateful clients. . It’s likely that you think of yourself as a jewelry designer first, and an entrepreneur second—if you think of yourself as an entrepreneur at all!

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DocuSign expands payment offerings in Europe with GoCardless

GoCardless

Find out how DocuSign is using GoCardless to power subscription payments.

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Where to Find a Small Business for Sale

Fundera

So, you want to be an entrepreneur and you’re looking for a small business for sale. Maybe you love the idea of being your own boss and growing a successful business, but one roadblock is keeping you from moving forward: You’re having trouble coming up with an actual business idea to execute on. Some entrepreneurs are lucky enough to stumble across a million-dollar idea and start a business.

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Why It Is Critical to Update Your Core Deposit Study

Abrigo

By Urum Urumoglu Senior Consultant A financial institution’s internal pricing decisions and strategies are crucial to the safety and the soundness of the organization and to its interest rate risk management process in particular. While it is unclear whether we will remain in a rising wholesale interest rate environment, given some of the Federal Reserve’s recent discussions on the fed funds rates, we all know and expect that in many areas of the U.S., retail rates will probably go higher since

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Auditors Will Evaluate CECL Estimates as ‘Fresh Start’ From Incurred Loss Model

Abrigo

A subcommittee of the AICPA task force focused on the current expected credit loss standard (CECL) has provided its first look at how auditors will approach the changes with clients, noting that CECL represents a “fresh start” from the incurred loss model. “CECL model estimates will be evaluated against ASC 326, not anchored to incurred loss model estimates,” according to published takeaways from an AICPA CECL Task Force Auditing Subgroup meeting.

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How to Start a T-Shirt Business: Everything You Need to Know

Fundera

How to Start a T-Shirt Business. Identify Your Market: Consider who you are trying to sell to, as this will inform the type, quality, and style of the T-shirts you design. Design Your T-Shirt: Your T-shirt design should factor in the quality, style, design, color, fit, weight, and softness of your product. Make Your Business Legal: Determine your business entity type, and file for a DBA (if needed).

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Forming an LLC in Ohio: A Step-by-Step Guide

Fundera

When starting a small business, there are several legal requirements that you’ll need to meet. You can depend on legal services to steer you through the majority of this process, but you’ll need to be actively involved with some decisions, such as which type of business entity is best for your company. . There are 2.2 million small businesses in Ohio, and according to the Small Business Administration, Ohio businesses are growing at a faster rate than the average American business.

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Business Plan Software: The Top Options for 2019

Fundera

When you’re starting a business , the first thing you need is a great idea. Once that’s settled, your next step is to write a strong business plan so both you—and your potential lenders and investors—know the goal of your company and how you plan to reach it. In fact, when you’re applying for a business loan , you’ll likely need to provide your business plan to be considered.

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Zoho Invoice Review 2019: Features, Pricing, Top Alternatives

Fundera

You may already have your preferred software for all things business, and you might even be familiar with the software company Zoho for your business accounting needs. But even if you’re already using Zoho People for your recruiting needs or Zoho Books for bookkeeping, you may not be familiar with Zoho Invoice—their software designed to make the invoicing process easier for small businesses and freelancers. .

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Form 5884 Instructions: How to Fill Out and File Form 5884

Fundera

What Is IRS Form 5884? IRS Form 5884 is the form for the work opportunity tax credit. Businesses can file for this tax credit if they employ people from specific groups that have consistently faced barriers to employment like qualified veterans or summer youth employees. As a small business owner, you might be looking to get any tax credit you can to save as much money as possible.

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Planters Bank Business Loans Review

Fundera

Headquartered in Hopkinsville, Kentucky, Planters Bank has 12 physical locations serving individuals and business owners in Western Kentucky and Clarksville, Tennessee. Planters Bank offers several types of business loans , in addition to providing their business clients with bank accounts, merchant services, payroll services, trust and retirement planning services, treasury management solutions, and online banking.

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What Is a Virtual Terminal and What Are the Top Options?

Fundera

What Is a Virtual Terminal? A virtual terminal is a software application that allows a merchant to process a payment from any internet-enabled device—given that they have the customer’s payment information. Virtual terminals are used for transactions where a credit card isn’t present. They are commonly used to process payments when payment information is taken over the phone or submitted by mail.

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Applicant Tracking System: The 4 Top Options for 2019

Fundera

4 Best Applicant Tracking Systems. BambooHR. Greenhouse. Breezy HR. Zoho Recruit. When you’re a small business owner, finding and hiring the right talent to take your company to the next level isn’t the easiest task in the world. You have so much else to do on a daily basis that keeping track of applicants can be too much to handle—after all, there are job posts to monitor, resumes to review, interviews to schedule, and plenty of big decisions to make at the end of it all.

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PrestaShop vs. Shopify 2019: Features, Pricing, Reviews

Fundera

Choosing the right ecommerce platform for your business will be an integral decision to starting an online store—as it will dictate how you create your site, list your products, accept payments, and manage the whole of your operations. Luckily, there are numerous platforms on the market, each with different capabilities that may or may not meet your specific needs and budget. .

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How to Start a Dog Walking Business

Fundera

If you’ve ever dreamed of spending your day in the fresh air, surrounded by furry, four-legged co-workers, then you’ve likely wondered how to start a dog walking business. After all, starting a dog walking business is just about the opposite of your typical office job–you get to spend time outside, stay active, and of course, hang out with dogs all day.

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Track flaky specs automatically using this simple tweak in RSpec builds

GoCardless

Find out more about this recent project from our Summer Hackathon.

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How to Start a Clothing Line: Advice From Clothing Entrepreneurs

Fundera

How to Start a Clothing Line in 7 Steps. Write a business plan. Find your niche. Understand your market. Design, source, and produce your clothing line. Market your clothing line. Work with an expert. Get financing for your clothing line. Maybe you’ve been sketching designs since you were a kid, have been making your own award-winning Halloween costumes for decades, and have already sold out of the custom T-shirts you’re making out of your garage.

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Business Loans for People With Disabilities: The 8 Best Options

Fundera

The Best Business Loans for People With Disabilities. SBA 7(a) Loans. USDA Business Loans. SBA Microloans. SBA Community Advantage Loans. Business Credit Cards. Assistive Technology Business Loans. Crowdfunded Loans. Short-Term Business Loans. Starting and growing your own business can be incredibly rewarding, but it can also be very challenging, particularly if you have a physical or mental disability.

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CECL Lessons Learned

Abrigo

At Abrigo, many of us eat, sleep and breathe CECL. Since the very inception of the concept of an expected loss standard back in 2012, Abrigo professionals have been paying close attention to the Financial Accounting Standards Board (FASB). The new accounting standard changed quite a bit over time, from the “three-bucket approach,” which attempted to converge with the International Accounting Standards Board (IASB), to a concept that focused on a discounted cash flow approach, to a final draft st

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NCR Silver One POS Review 2019: Pricing, Features, Top Alternatives

Fundera

NCR Silver Review. NCR Silver is a small business POS solution offered through NCR. NCR Silver comprises three specific products: a general POS system known as NCR Silver One, a restaurant POS system called NCR Silver Pro, and a retail POS system called NCR Counterpoint. All products feature their own pricing model, with NCR Silver One starting at $149 per month.

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Limited Liability Partnership: What It Is an LLP and How to Form One

Fundera

What Is a Limited Liability Partnership (LLP)? A limited liability partnership is a business entity structure in which each partner is shielded from personal liability for the business’s debts and obligations. Partners can manage the company together, but are protected from personal liability for the actions or negligence of other partners. When forming a new business, there are lots of legal requirements that you’ll have to comply with, some of which might require the help of online

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Loyverse POS Review 2019: Pricing, Features, Top Alternatives

Fundera

Loyverse POS Review. Loyverse is free POS software designed to accommodate retail, restaurant, and service-oriented businesses. It features a strong set of free standard features, plus some additional paid features. The software can operate on both iOS and Android devices. There are not many providers that offer their merchant services products for free, but Loyverse is one of them.

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How to Run a Brick and Click Business

Fundera

A brick and click business model includes both an e-commerce sales channel (the click) and a physical retail location (the brick). Sometimes called click and mortar, this type of business model marries the best of both approaches into a hybrid retail strategy. Maintaining both physical store and an online presence—typically a website —lends to a multichannel or omnichannel strategy, or one that relies on more than one approach to connect with customers.