Fundera
JULY 4, 2019
How to Start an Event Venue in 6 Steps. Do your research. Find a location. Buy (some) equipment). Promote your venue. Price competitively. Provide a great experience. What business is more fun than the party business? Those who have opened an event space know that it’s an industry based on helping people have a good time, creating a flawless experience, and keeping the nuts and bolts of the evening out of the limelight.
Abrigo
JULY 3, 2019
The lending landscape is growing increasingly competitive, and the loan process can be frustrating and time-consuming. A loan origination system (LOS) can provide clarity to the intertwined data web that the loan lifecycle weaves , but not every LOS is built the same. Here are four critical criteria to consider when assessing a modern-day LOS for your financial institution: Implementation and integration – You don’t want to spend time and/or money on software you don’t use.
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GoCardless
JULY 5, 2019
What happened and what are we doing about it?
Fundera
JULY 4, 2019
15 Best Online Business Courses. Startup & Small Business Law. How to Start Your Own Business. Understand SWOT Analysis. The Lean Startup. Finance and Accounting for Small Business & Entrepreneurs. Financing Options for Small Businesses. Fundamentals of Accounting. Savings Plans for Small Businesses. Content Marketing Certification. Social Media Superhero.
Fundera
JULY 1, 2019
A business budget template is one of the most important tools you can use to run your small business. Unfortunately, many small business owners skip this vital business management step. There are a lot of misconceptions about budgeting. It seems difficult and time-consuming. But with a good business budget template, the process can be much less daunting.
Fundera
JUNE 30, 2019
23 Best Small Business Forums. Small Business Forum. Quora. Small Business Forum.net. BizWarriors. Small Business Brief. CNET Small Business and Startups Forum. Small Business Computing and Ecommerce Forum. ChefTalk. QuickBooks Online Community. Practical Machinist. Warrior Forum. Bank of America Small Business Online Community. Business Advice Forum.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Fundera
JULY 3, 2019
How to Create a Customer Referral Program. Set Your Goals. Identify Your Target Audience. Determine Incentives. Outline Your Customer Referral Program. Create Customer Referral Program Materials. Track Your Results. Developing your small business marketing strategy is an important step in growing your brand and, ultimately, your sales. And an effective part of this overall strategy is word-of-mouth marketing.
Fundera
JULY 3, 2019
Reading financial statements typically isn’t on the top of a small business owner’s to-do list. This is largely because many small business owners are confused by these statements. Instead of clarifying their business’s financial position, financial statements often serve to confuse business owners. As a result, you might find yourself dependent on your business accountant—who most business owners speak with only once or twice a year—to explain your business’s finances.
Abrigo
JULY 2, 2019
The following article is based on the whitepaper, The Ag Lender’s Survival Guide by Rob Newberry, SVP of Credit Risk Services at Abrigo. To download the whitepaper, click here. Today, most of farmers’ cash reserves that were built up in 2012-2014 are at, or nearing, depletion. If that trend continues, operating costs will begin outpacing revenue for many farms, and demand for ag financing will grow for community financial institutions.
Fundera
JULY 5, 2019
Financial statements are not only helpful when it’s time to file your small business taxes , but they also shed a light on your business’s finances. There are three key financial statements every business owner should understand: the profit and loss statement (also known as the P&L or income statement), the balance sheet , and the cash flow statement.
Fundera
JULY 5, 2019
So, you’re ready to do business in the Sunshine State. To set your small business up for success, one of your first moves should be finding the best business bank account for your needs. One of the great things about running a small business is your ties to the local community, and finding a local bank you can trust is likely important to you. Luckily, there are lots of banks in Florida for small businesses that you can choose from, whether you’re just starting out or are looking to grow your bu
Fundera
JULY 5, 2019
Whether you run a local dispatch or a high-end limousine service, you may find you need to get a small business loan for your taxi business. It takes a lot of capital to keep up with the big competitors, so the time might come when you need an influx of cash to compete with the different options out there. You might also need capital to pivot toward one of the most profitable business models: the sharing economy.
Fundera
JULY 2, 2019
What Is Excise Tax? An excise tax is an extra tax added on to certain products or services, including those a small business might offer. Usually the cost of the excise tax is included in the price of the good or service consumers buy, meaning the business owners include it in their prices. Excise taxes are usually charged on items like alcohol, tobacco, gambling, gas, and more, and are collected on a federal, state, and local level.
Fundera
JULY 1, 2019
Getting paid is integral to running your business, and the right merchant services provider can help ensure it’s a seamless process for both you and your customers. And beyond payment processing, a point of sale (POS) system can provide a host of other benefits to keep your business running smoothly. . Of course, different POS systems are better suited for certain business needs, and it can be hard to find the best POS system for you.
Fundera
JUNE 30, 2019
Whether you’ve had it with corporate life and are ready to strike out on your own, or want to pursue a passion while making some extra money, starting an ecommerce business can help you turn your passion into profit. Freelancing or creating a service-based business are both great ways to get started, since they don’t require a lot of starting capital.
Fundera
JUNE 30, 2019
In the Atlanta suburb of Lawrenceville, Georgia, four friends run a business that helps build products used all over the world. The products they help build aren’t the most popular—frankly, some of them are downright mundane. Even so, many of them are extremely important. In fact, you might’ve used something they helped build without even realizing it.
Fundera
JUNE 29, 2019
As a small business owner, you have countless responsibilities—even ones that aren’t included in your official job description. And as your business grows, it’s a good idea to delegate some of those unnecessarily time-consuming tasks to a service that’s literally dedicated to the job. Take payroll processing, for instance. Ensuring your employees are paid correctly and on time is incredibly important, but it can also be extremely time-consuming.
Fundera
JULY 2, 2019
10 Best Shopify Alternatives for Small Businesses. BigCommerce. 3dcart. Volusion. Square Online Store. PrestaShop. Magento. WooCommerce. Weebly. Wix. Squarespace. If you’re looking to start an ecommerce business , you’ve probably heard of Shopify. With 800,000 active stores around the world, Shopify has become a household name in the ecommerce industry.
Fundera
JULY 3, 2019
POSitouch Review. POSitouch is a restaurant POS system known for their wide variety of features and scalability. POSitouch is owned by Shift4, a payment processing company, and offers some of their services through Shift4 and their subsidiaries. Pricing is quote-based. Finding the right merchant services solution for your restaurant can be just as time-consuming as finalizing your menu—and arguably just as important.
Fundera
JULY 1, 2019
Joint Venture Definition. A joint venture is an agreement by two or more people or companies to accomplish a specific business goal together. A joint venture can be structured as a separate business entity or simply grow out of a contract between the parties. Unlike a partnership, a joint venture is typically temporary, dissolving after the task is complete.
Fundera
JULY 4, 2019
What Is a Pass-Through Entity? A pass-through entity doesn’t pay business taxes of its own. The income, losses, credits, and deductions of the business flow through to each owner’s personal tax return, and the profits are taxed at each owner’s personal income tax rate. Pass-through entities include sole proprietorships, partnerships, limited liability companies, and S-corporations.
Fundera
JULY 3, 2019
Choosing the right software can be the key to starting a successful ecommerce business —as you’ll use this platform to launch your online store and manage the whole of your operations. Therefore, you’ll need to think carefully about your business’s requirements and budget when trying to decide which of the many available ecommerce solutions is best for you. .
Abrigo
JULY 1, 2019
To satisfy increasingly digital consumers and keep up with big technology players in the banking industry, financial institutions are looking towards third-party vendors and fintech firms to help digitize offerings, automate processes, and create efficiencies. These collaborations between fintech and financial institutions have helped institutions increase revenues, generate new offerings and new business, and enhance the borrower experience.
Fundera
JULY 1, 2019
Coming up with brilliant startup ideas may feel tricky to aspiring entrepreneurs, especially when it may seem that everyone’s already swooped up every good idea for a business. Still, it’s entirely possible to become successful by improving on existing products or putting a unique spin on an old idea. The benefits of self-employment can make the effort of launching a startup worth it.
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