Abrigo

APRIL 8, 2015

'By Bakley Smith, CFA Strong businesses have a solid handle on their financial reality, and the cash flow statement is an excellent, if not the best, measure of a company’s ability to generate cash in excess of cash invested. Over a sufficiently long period of time, all businesses have to generate positive cash flow or they will go out of business. Forecasting the statement of cash flows is a valuable exercise for a business for several reasons.

Days Sales Outstanding 137

Days Sales Outstanding Accounting Firms 137

Fundera

SEPTEMBER 17, 2015

In February 2014, we launched Fundera with the goal of making it dead simple for small business owners to secure the capital they need to grow. After helping over 1,200 small business owners access north of $60 million in credit, we believe we’re onto something very special. Today we are excited to announce that Fundera has raised an $11.5 million Series B.

Small Businesses 110

Small Businesses 110

Prime Commercial Lending

SEPTEMBER 15, 2015

Our economy has made a huge recovery since the crash of 2008. People are investing in real estate on both a personal and commercial scale, which also means that people are taking out short-term loans to help finance those investments. The effect of all of this is that while all of this property investment puts money into the economy, having so many people and corporations taking out short-term financing is going to cause commercial real estate rates to rise by the end of this year.

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52

GoCardless

DECEMBER 21, 2015

The deadline is getting ever closer. you'll need to upgrade unless your software supports the new security standard.

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Abrigo

JANUARY 28, 2015

'By Brad Spence, Director of Sageworks Valuation Solution. It’s a classic conundrum – to build versus to buy. Make dinner at home versus take-out. While there are certainly people constructing their own coffee table – measuring, cutting, sanding and staining – most will drop a bill or two on a vintage-looking wood piece to prop up our feet after a long day.

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Abrigo

JANUARY 14, 2015

'Bringing in new clients is a top priority for forensic and valuation accountants, with 87 percent calling the task somewhat or extremely important, according to a recent AICPA study. The emphasis on business development is understandable. Valuation work lacks as much repeat business (unless it’s tied to a recurring engagement like employee stock ownership plans) as tax preparation and other traditional accounting services, according to the Journal of Accountancy ’s review of the stu

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110

Abrigo

JANUARY 8, 2015

'Business valuation services are among the highest-growing niche services among Top 100 accounting firms, according to Accounting Today. One aspect of providing this service, however, is notoriously time-consuming and frustrating: Writing business valuation reports. At the same time, it’s crucial that you produce a quality report, according to Rod Burkert, who teaches a course on business valuation report writing and who is founder of Burkert Valuation Advisors LLC.

Accounting Firms 102

Accounting Firms 102

Fundera

OCTOBER 14, 2015

A few quotes about success may be all you need to get motivated, take the initiative, and start down the path to reaching your small business goals. Remember this: many people before you have tried and failed. While some give up after a setback, others continue forward. They realize that hard work and dedication will pay off in the long run. When you read a quote from somebody famous, somebody with a lot of money, it is easy to toss aside what he or she is saying.

Small Businesses 110

Small Businesses 110

Fundera

OCTOBER 8, 2015

Your QuickBooks Soulmate is Out There. . Since launching your business, you’ve been keeping track of your accounting with a spreadsheet (yay you!) and business is booming. (Who doesn’t like laundry detergent with glitter in it?). Got this one here. . But things are starting to really take off – you’re not just selling this stuff to your 14-year-old sister and her friends now.

Default 109

Default Small Businesses 109

Abrigo

JANUARY 22, 2015

'According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent).

Small Businesses 98

Small Businesses Credit Unions Credit Scoring 98

Fundera

OCTOBER 13, 2015

Dreams of owning a winery is definitely a romantic, artisan kind: buy a vineyard, grow some grapes, make some wine, sell your wine, maybe make a fortune, and all the while proudly savoring the wine that you made. Unfortunately, the wine-making business is a tough one and these dreams are rarely a reality. If there was an industry that really tests you, owning a winery might top the list.

Small Businesses 108

Small Businesses 108

Fundera

SEPTEMBER 24, 2015

Editor’s Note: The business name has been omitted from the piece to avoid confusion with Mr. Krabill’s franchisees. Kevin Krabill is the definition of serial entrepreneur. He has spent the last 30 years starting and running different businesses, taking only a 5-year break to work at accounting powerhouse Ernst & Young. What keeps him going? Entrepreneurship is in his blood.

Small Businesses 105

Small Businesses 105

Fundera

SEPTEMBER 23, 2015

In 2013, Raw Generation had to shut down its website because sales were too low. “It didn’t really make a difference because we were [making] no money anyway,” says Jess Geier who started the company in 2012 with her dad, Bill Geier. About one month after shutting down, Raw Generation re-launched as a provider of detoxifying juice cleanses rather than a seller of nutritional juices—and teamed up with daily deal sites to see what the online discount craze was all about.

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Abrigo

JANUARY 21, 2015

'The world is increasingly digital. Favorite songs, memorable moments and solitaire are all housed on a small, thin rectangle likely tucked away in a pocket. The techies and bankers alike knew that a mobile wallet was next. And why shouldn’t it be? Peek inside nearly any brick-and-mortar retailer and you’ll see a wave of smartphones in-hand, people waiting for their turn to step to the register and make their purchase.

Credit Unions 94

Credit Unions 94

Abrigo

JANUARY 7, 2015

'Risk rating credits is a primary function at any bank or credit union, and the methodology used will impact everything from the loans the institution will originate, to concentration limits and lending strategy to reserve levels and, as a result, bank earnings. With such a widespread effect throughout the bank, getting the methodology right is critical.

Credit Unions 94

Credit Unions 94

Fundera

OCTOBER 30, 2015

At Fundera, there are many reasons we have the utmost respect for small business owners. Whether it’s the extra hours worked to get the job done, their ability to wear just about any “hat,” or the fact that they are America’s job creators—the list goes on. But the number one reason we love small business owners, and choose to support them every day through our own business, is their passion.

Small Businesses 103

Small Businesses 103

Fundera

NOVEMBER 10, 2015

Restaurant owners have always had trouble getting financing… But the times, they are a-changing. Whether you’re a seasoned seasoning veteran or just getting ready to fire up the grill, we’ve got some good news: there are more restaurant loans available for you today than ever before. A restaurant owner’s financial bread-and-butter options are generally equipment loans , working capital loans , and commercial mortgage loans (for purchasing buildings).

Small Businesses 102

Small Businesses Transactions 102

Fundera

OCTOBER 27, 2015

In recent weeks, health practitioners all over the country have been carefully—and anxiously— watching to see how small, private medical practices will bear the massive weight of a federally mandated medical code overhaul. The new medical classification system, ICD-10 , was implemented on October 1st, and increased the number of diagnostic and procedure codes eightfold from 17,000 to 140,000.

Small Businesses 102

Small Businesses 102

Fundera

OCTOBER 21, 2015

Opening and running a restaurant is New York is like a race against time, money, and location. Time because you’re serving busy, hungry city dwellers, money because it costs a hefty sum to operate any New York City business, and location because who knows when the city will decide to install a scaffold above your building and hide your establishment from hungry passersby.

Small Businesses 102

Small Businesses 102

Fundera

OCTOBER 16, 2015

If you’re a small business owner trying to secure a small business loan , the good news is you have more options available to you than ever before. In fact, sometimes you might feel as if you have so many choices, it’s hard to determine the best source of financing. In this article, I’ll try to help out by taking a closer look at two very popular alternative financing sources, Kabbage and OnDeck, and when it comes to Kabbage vs.

Small Businesses 102

Small Businesses Credit Scoring Deductions Default 102

Fundera

NOVEMBER 2, 2015

What Are Corporate Bylaws? What are corporate bylaws, and why does your business need them? The term “corporate bylaws” may sound like legal rigmarole that applies only to giant, multinational corporations—and not to your small business. In reality, however, any business that chooses the legal form of a corporation must create corporate bylaws. Corporate bylaws are a legal document that explains how your business is organized and how it will be operated.

Small Businesses 102

Small Businesses 102

Fundera

SEPTEMBER 30, 2015

Download the Loan Affordability Tool. The idea of a small business loan is always enticing. Whether to relieve pain felt from a recent cash crunch or to expand your booming business, more working capital is what every business owner wants. No matter the need, the question you should ask after deciding that yes, you do a want a loan, is whether or not your business can even afford it.

Small Businesses 102

Small Businesses 102

Abrigo

MARCH 12, 2015

'By Erik Lively, Regional Valuation Consultant, Sageworks. Accountants and other financial professionals know that the quality of industry data can make a substantial difference in business valuation services, whether it’s for a valuation engagement or for a calculated value to help develop a business improvement plan. Good industry data can make the process of developing a business valuation easier, and it can provide confidence in the final or calculated value.

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Fundera

OCTOBER 23, 2015

To show customers you really care, you don’t need to dole out unreasonable discounts or charter a thank you cruise. Instead, zero in on creating an unmistakably great product, service, or experience that hits the exact mark for your target audience. Then fire up your creative side and add in a personal flair for low-cost ways to make customers smile in the moment—and stay happy in the long run.

Small Businesses 101

Small Businesses 101

Fundera

OCTOBER 30, 2015

The Blue Coffee Pot: Presented by Small Business Revolution from The Small Business Revolution on Vimeo. Great small business owners treasure first-hand knowledge of their community’s needs. But few value community quite like JoDonna Hall Ward. JoDonna grew up in Navajo Country in the small town of Kayenta, Arizona. After her mother’s passing, JoDonna moved back home to keep alive her mother’s legacy: three small businesses in the heart of town, including a gas station, a laundromat, and a

Small Businesses 100

Small Businesses 100

Fundera

SEPTEMBER 21, 2015

Applying for a small business loan can be a daunting experience. What are your chances of getting approved? How long will it take you to complete the application? How long until you hear back? It can often seem like you’re entering uncharted waters, even if you have gone through the process before. Our goal at Fundera is to change this. We want to bring more transparency to the entire small business loan process, from beginning to the end.

Small Businesses 100

Small Businesses 100

Fundera

SEPTEMBER 18, 2015

On Monday Michael Corkery penned a piece in the New York Times that shed a much-needed light on the pitfalls of online lending for the unwary borrower. A powerful piece, the article primarily opines on the dangers of automatic withdrawals from bank accounts, or as the online lending industry likes to call it, “ACH.” To put it simply, this means the loans are being paid back daily, weekly, or monthly by an automatic draft out of a borrower’s bank account.

Credit Card Companies 100

Credit Card Companies Bankruptcy Small Businesses 100

Fundera

SEPTEMBER 25, 2015

Bloated inventory is always going to be a threat to business cash flow. Any increase in inventory is a sign that your business has purchased more goods than it’s sold. But, if you increase your inventory, you better make sure you have the cash inflow to offset the cash outflow you’ve just incurred, or risk a negative impact on your cash balance. To lessen the problem and free up cash flow, small businesses need controls in place, and inventory needs must be prioritized.

Dashboards 99

Dashboards Small Businesses 99

Abrigo

FEBRUARY 25, 2015

'By Brad Spence, Director of Enterprise & Valuation Teams, Sageworks. Think performing quality business valuations is important? Consider this statistic: Roughly one in every three business-sale engagements for brokers over the last 12 months ended without a transaction, and unrealistic asking prices were a major factor in the failed deals, a recent survey says.

Accounting Firms 90

Accounting Firms Transactions 90

Fundera

OCTOBER 28, 2015

For a lot of retail and restaurant businesses, the holidays can be the busiest time of the year. But for other small businesses, the holiday season can herald in one of the most difficult times of the year. Many shut down production completely, and even close their doors during the peak of the December holidays. While this may conserve some cash, wages still need to be paid and fixed costs need to be taken care of.

Small Businesses 99

Small Businesses 99

Fundera

NOVEMBER 5, 2015

In recent years, the lending marketplace has turned upside-down. As always, banks hold the greatest share of the small business lending landscape: they currently make up 75% of the $800 billion in outstanding small business loans in the United States, according to a recent report co-authored by QED Investors and Oliver Wyman. But alternative lenders—and other innovators—have popped up to fill in the gaps.

Credit Scoring 99

Credit Scoring Credit and Collections Small Businesses Invoice Collections 99