Fundera

NOVEMBER 4, 2018

Fringe benefits have never played a more important role in the workplace. Defined as benefits given to an employee beyond an agreed-upon wage or salary, fringe benefits are a key indicator of employee satisfaction , production, and retention. A recent survey by Zenefits, an HR software company, revealed that 70% of employees agree that fringe benefits would be a major consideration in evaluating future job opportunities.

Small Businesses 88

Small Businesses Credit and Collections Deductions 88

GoCardless

NOVEMBER 5, 2018

The average small business is owed over 63k in outstanding payments, which means spending extra time, money and resource chasing payments. In this guide, we look at 5 ways Direct Debit can help solve these problems.

Small Businesses 52

Small Businesses 52

Bectran

NOVEMBER 9, 2018

The goal of any collection effort is to collect money owed to a company at minimal costs. Every company hopes their customers would pay on time within the credit term granted. When customers do not pay on time due to various reasons, the Collection process is triggered to resolve potential issues hindering the customer from paying, and to ultimately get the customer to pay.

Credit and Collections 52

Credit and Collections 52

Fundera

NOVEMBER 5, 2018

Situated between the long lines of Black Friday and the seemingly-minute-long online deals of Cyber Monday, is a relatively new holiday which glorifies the value of American small businesses : Small Business Saturday. This national holiday, which was first celebrated in 2010, calls to attention the importance of shopping at the small businesses that serve as the backbone of the American economy and our local communities.

Small Businesses 76

Small Businesses 76

Fundera

NOVEMBER 4, 2018

Have you ever pulled up your Yelp app to find the best spots around you? Maybe you’re looking for a great tapas restaurant, the best dentist in your town, or the coolest vintage clothing store in the city. Yelp is a way that millions of users connect to amazing small businesses in their area. And odds are, you yourself have used it personally to find businesses near you.

Small Businesses 75

Small Businesses Dashboards 75

Fundera

NOVEMBER 3, 2018

Assets, Liability, Equity: The Balance Sheet Equation. The basic balance sheet equation is Assets = Liability + Equity. The purpose of the equation is to show what the company owns, purchased on credit or through its shareholders’ investments. The purpose of the equation is to show the financial strength of your business on any given day, and whether you’ll be able to meet your financial obligations.

Credit Risk 75

Credit Risk Small Businesses 75

Fundera

NOVEMBER 6, 2018

What Are SBA 504 Loans? SBA 504 loans, guaranteed by the U.S. Small Business Administration, provide long-term financing for the purchase of real estate, equipment, and other fixed assets. The loan, which is divided between a bank and an SBA-approved certified development company, features 10- to 25-year terms, low interest rates, and a 10% to 15% down payment.

Small Businesses 68

Small Businesses Bankruptcy Credit Scoring 68

Fundera

NOVEMBER 3, 2018

How to Calculate Gross Profit. Gross profit is the profit a business makes after covering the expenses required to make their products or provide their services. The goal should always be to maximize this metric without sacrificing quality. The gross profit formula is simple: Sales – Cost of Goods Sold = Gross Profit. Profit—both achieving it and understanding it—should be easy, but one look at your profit and loss statement (P&L) can leave you swimming in a sea of confusion.

Small Businesses 61

Small Businesses 61

GoCardless

NOVEMBER 5, 2018

Sending out invoices, collecting payments and reconciling cash are time consuming tasks – costing SMBs 120 hours a year. In this guide, we’ve highlighted 5 hacks to help your cash collection process run more efficiently.

Invoice Collections 52

Invoice Collections 52

GoCardless

NOVEMBER 6, 2018

Processing, chasing and reconciling payments doesn't have be time consuming. In this guide, we compare three automated payment methods, and identify the pros and cons of each, to help you choose the right one for your business.

52

52

Fundera

NOVEMBER 9, 2018

Ever wonder what happens after you punch in your credit card information and click the “order now” button when purchasing something online? The answer is a complex transfer of information between multiple stakeholders, all of which occurs in a matter of seconds. This entire process is made possible using something called a payment gateway. A payment gateway is an important service in the world of ecommerce.

Credit Card Payments 52

Credit Card Payments Transactions Small Businesses 52

Fundera

NOVEMBER 6, 2018

While researching business internet providers may not be the most exciting part of starting a business , it might be one of the most crucial: Whether you run a tech startup or a brick-and-mortar shop, it’s likely that you rely pretty heavily on a reliable internet connection to get the job done. And for business owners, an unreliable internet connection isn’t merely a nuisance—it can spell the difference between optimal productivity and distracted, frustrated employees; or even a sale and a miss

Small Businesses 52

Small Businesses 52

Fundera

NOVEMBER 3, 2018

As high-profile retail outlets, like Sears, declare bankruptcy , and others like Lord & Taylor close their flagship stores , it’s becoming increasingly clear that ecommerce is the way forward for retail businesses. In fact, one recent study from Shopify shows that revenues from ecommerce sales are projected to reach $4.5 trillion by 2021. But, this comes with a catch: Businesses that shift their focus to online sales risk facing more order returns and shipping issues.

Bankruptcy 45

Bankruptcy Credit Application 45

Fundera

NOVEMBER 7, 2018

ACE Small Business Loans, Summarized. ACE small business loans are SBA Microloans available to Georgia-based business owners through the certified CDFI ACE Loans. ACE small business loans can be as large a $50,000, with terms no longer than six years and interest rates based on the market prime rate. ACE business loans come with a $50 non-refundable application fee and require a minimum personal credit score of 600.

Small Businesses 40

Small Businesses Credit Scoring 40

Fundera

NOVEMBER 5, 2018

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. Or maybe you’re just intensely entrepreneurial (and obsessed with style) and want a piece of the trillion-plus dollars floating around the retail industry.

89

89

Fundera

NOVEMBER 9, 2018

As a teenager, VNYL founder and CEO Nick Alt worked at a record store in his Ohio hometown. It would be a dream job for any music lover, but for Alt, that gig was formative: Not only did it serve his passion for interacting with people, but it also helped him develop a skill for understanding their musical tastes and introducing them to the artists they may not have otherwise discovered.

Dashboards 69

Dashboards Small Businesses 69

Fundera

NOVEMBER 5, 2018

A press release is a written statement issued to media outlets with information on a particular matter relating to your business. The goal is to have media outlets take the information provided in your press release and turn it into a news story for their publication or broadcast. Good press releases share the information in a succinct and compelling manner and are distributed to media outlets that reach your business’s target demographic.

Small Businesses 73

Small Businesses 73

Fundera

NOVEMBER 8, 2018

Although some business owners see PayPal as the end-all-be-all for electronic payments, others might be wondering if they can find a PayPal alternative that can better serve their business’s needs. After all, every business has different credit card processing needs and priorities, so how could a single company address all of them? To help you get an idea of what the best PayPal alternative is for your business, we’ve compiled a list of 35 options for you to comb through.

Transactions 78

Transactions Credit Card Payments Small Businesses 78

Fundera

NOVEMBER 4, 2018

10 Top Builders for Small Business Websites. Wix. Squarespace. Weebly. Duda. WordPress. Yoda. Sitey. Shopify. Webs. Jimdo. In today’s market, it’s common for even the smallest companies to conduct at least some business online. And whether you own an ecommerce store or need to allow for online bookings, you can’t really have an online presence without a business website.

Small Businesses 81

Small Businesses 81

Fundera

NOVEMBER 7, 2018

What Is Year-Over-Year Growth? Year-over-year growth evaluates a company’s financial progress over time. With the year-over-year growth formula, you and your lenders can compare two metrics within a given time period, such as revenue over a yearly, quarterly, or monthly basis. Every small business owner wants to know how their business is doing over time.

Small Businesses 74

Small Businesses 74

Fundera

NOVEMBER 6, 2018

As a small business owner, you work very hard to get to the point where you can make a sale. You deserve a point of sale system that works just as hard for you. One option to consider is the Shopify POS system. Shopify is known primarily as an ecommerce platform, but since 2013 it has also operated a POS system with a robust set of features. Shopify POS offers seamless integration with an online store, sales performance analytics, and an array of mobile and store management capabilities—perfect

Dashboards 45

Dashboards Credit and Collections Transactions Small Businesses 45

Fundera

NOVEMBER 8, 2018

For fitness enthusiasts and health buffs, opening your own gym is a dream come true—finally, you have the opportunity share all the routines, methods, and classes that have turned your life around with a larger community. But whether you’re just starting your business or you’ve been running your boutique gym, studio, or franchise for some time now, you know that running a gym takes much more than endorphins.

Credit Scoring 40

Credit Scoring Deductions Default Small Businesses 40

Fundera

NOVEMBER 9, 2018

The 8 Best Small Business Credit Cards With No Foreign Transaction Fees. Ink Preferred. Spark Miles. Business Platinum Card. Spark Cash. The Plum Card. Bank of America® Business Advantage Travel Rewards World Mastercard®. Spark Cash Select. Spark Classic. A foreign transaction fee only comprises a single bullet amid the seemingly never-ending list of potential fees you could incur with a business credit card.

Transactions 40

Transactions Small Businesses 40

Fundera

NOVEMBER 8, 2018

What Is a Disregarded Entity? A disregarded entity is a business entity that isn’t treated for tax purposes as an entity distinct from the owner. The IRS will allow the owner of a disregarded entity to report the business’s income, losses, credits, and deductions on their personal tax return. A single-member limited liability company (LLC) is the most common example of a disregarded entity.

Deductions 59

Deductions Credit and Collections Default Transactions 59