Lendio

DECEMBER 12, 2023

To help you get started on the right foot, we’ve put together a comprehensive guide on how to start an auto repair shop. To help you get started on the right foot, we’ve put together a comprehensive guide on how to start an auto repair shop. Are you a skilled mechanic looking to open your own auto repair shop?

Small Businesses 52

Small Businesses Transactions 52

Lendio

NOVEMBER 13, 2023

Whether you’re a seasoned professional in the construction arena or a committed entrepreneur interested in the industry, this guide is for you. In its simplest form, this document will outline what your business is going to do and how you’re going to do it. So what goes in your plan? What are your key strategies?

Credit and Collections 52

Credit and Collections Small Businesses Default 52

Lendio

MAY 23, 2023

What can I do now to make next year’s taxes easier?” However, what is guaranteed is that you need to invest time in your taxes if you don’t want them to divest too much money from you. Then dive deeper into each topic by clicking through to each chapter of the guide. How much money will I owe? Can I reduce this amount?

Small Businesses 52

Small Businesses Deductions Credit and Collections Bad Debt 52

Due

MARCH 17, 2024

Once you have a clear rundown of what you hope to achieve and accomplish during your retirement years, you can start constructing a strategy that aligns with those objectives. A well-diversified investment portfolio is the gold standard for retirement. Maintaining a diversified portfolio is the other half. Another consideration is debt.

Credit and Collections 105

Credit and Collections 105

Abrigo

AUGUST 1, 2022

What are model risk management and model validation? Model validation results in identifying the weaknesses and limitations of a model, which may then be taken into consideration by bank or credit union management as the model outputs are utilized. Would you like other articles like this in your inbox? Model governance overview.

CECL 78

CECL Credit Unions Credit Risk 78

Lendio

APRIL 21, 2023

What Are The Different Types Of Business Taxes? Your business income tax calculation will vary depending on what type of entity your business is. tax code is known for its complexity. It’s hard enough for individuals to keep up with all the rules involved in preparing a personal tax return, but businesses have it even harder.

Small Businesses 96

Small Businesses Deductions Credit and Collections 96

Abrigo

JANUARY 3, 2024

New BOI requirements and how financial institutions can comply Here's what FinCEN's recent final rule for beneficial ownership information (BOI) reporting says and how anti-money laundering (AML) programs will access BOI information. Takeaway 2 A December 2023 final rule establishes guidelines for who may access BOI and for what purposes.

Credit Unions 88

Credit Unions Cybersecurity 88

Fundera

JUNE 26, 2020

Compare quotes and determine what’s best for your business. In this guide, we’ll break down four simple steps you can follow to insure your small business—from reviewing your risks to choosing the best policies for your needs. Review your risks and decide which types of insurance you need. Shop around and get quotes.

Insurance Companies 73

Insurance Companies Deductions Small Businesses 73

Abrigo

SEPTEMBER 5, 2023

Takeaway 3 A credit exception policy should spell out what one is, when it can be used, and how to clear it. In this article, I'll cover what a credit exception is, recommendations for creating loan/credit exceptions, and tips for developing an exception policy for the financial institution.

Credit Risk 78

Credit Risk CECL Credit Unions Transactions 78

Fundera

JANUARY 25, 2020

What Is Excess Liability Coverage? Excess liability coverage, also referred to as commercial excess liability insurance, is a type of policy that provides higher limits on your existing, underlying small business insurance policy. What exactly can excess liability insurance do for your business?

Insurance Companies 71

Insurance Companies Deductions Small Businesses 71

Lendio

JANUARY 9, 2024

Here’s everything e-commerce business owners should know about e-commerce accounting to keep your finances in order, including what makes it different, the primary tasks involved, and what steps to take before opening your store. Your financial records and eventual tax liabilities will vary significantly depending on your choice.

Credit and Collections 52

Credit and Collections Transactions Deductions Small Businesses 52

Fundera

JULY 6, 2020

When starting a small business, it can be advantageous to structure your company as a C-corporation. Corporate business entities have several benefits in terms of taxes, liability, and the ability to raise money. Plus, incorporating your company sends a positive sign to investors and customers about the legitimacy of your business.

Deductions 75

Deductions Small Businesses Transactions 75

Fundera

JUNE 19, 2020

For the vast majority of small business owners, general liability insurance is a necessity. In this guide, we’ll explain how general liability insurance works, including what it does and does not cover, as well as what it costs—so you have all the information you need to find the best insurance for your business.

Small Businesses 85

Small Businesses Insurance Companies Deductions 85

NorthOne

DECEMBER 9, 2022

If you’ve ever dreamed of becoming your own boss, one of the first steps is thinking about what kind of business you’d like to start—and if you like working outside with your hands, owning a pressure washing business may be right for you. 6 steps to starting a pressure washing company. Develop a business plan. Set up your business.

Small Businesses 52

Small Businesses 52

Lendio

MARCH 24, 2023

A Step-By-Step Guide to Starting a Real Estate Brokerage The dream of sitting on the beach and earning income from the fruits of others’ labor is a part of the cultural lexicon. Of course, if the steps involved with starting a real estate business were easy, everyone would be doing it. There is also an additional educational requirement.

Brokerages 52

Brokerages Transactions Small Businesses 52

Lendio

JANUARY 24, 2023

Many companies will encounter timing issues, and there’s a lack of relevant guidance in the Generally Accepted Accounting Principles (GAAP). Here’s what you need to know to record the ERC in your financial statements correctly, including how the credit works, how to claim it retroactively, and which accounting models may apply.

Revenue Recognition 52

Revenue Recognition Deductions 52

Fundera

MAY 24, 2020

In this guide, we’ll break down everything you need to know about sole proprietorships—including how they work, how they compare to other entities, and how to decide if a sole proprietorship is best for your business. What Is a Sole Proprietorship? Sole proprietorships are so common because the setup is very easy.

Deductions 105

Deductions Small Businesses Default 105

Due

APRIL 27, 2023

We have chalked out a comprehensive guide on how to start investing to address all these financial priorities. What would you consider to be your tentative lifespan? In 2019, more than 85% of the Fortune 500 companies offered defined contribution plans rather than other pension schemes. How do you start investing for you kids?

Deductions 110

Deductions Brokerages 110

Lendio

OCTOBER 12, 2023

“You go through so much in the military, but really what the military is teaching you is how to be resilient,” said Dawn Halfaker , founder and CEO of Halfaker and Associates. This guide will walk you through everything you need to know to make your business-owning dream a profitable reality. What are you deeply passionate about?

Small Businesses 52

Small Businesses Nonprofit Organizations 52

Fundera

AUGUST 29, 2020

What’s more, running a business from home often translates to significantly lower startup costs since renting office space is out of the equation. How to Run a Business From Home Legally. Give a lot of thought to your business name. Figure out the right way to structure your business. Consider registering for an EIN. Poking around the U.S.

Credit and Collections 105

Credit and Collections 105

Fundera

SEPTEMBER 30, 2020

Of course, the specific types of insurance you need will depend on what your business does, where you operate, your industry, and more. What Is Commercial Property Insurance? A BOP bundles general liability insurance and property insurance (and sometimes business interruption insurance) into a single, more affordable policy.

Insurance Companies 98

Insurance Companies Deductions Small Businesses 98

Due

JUNE 2, 2023

In 2023, the situation is reversed, and inflation-fearing investors are backing companies with more care. In 2023, the situation is reversed, and inflation-fearing investors are backing companies with more care. What are some of the internal elements that a VC should analyze when looking at a startup?

69

69

Due

MAY 17, 2023

What are Inflation Relief Payments? What causes inflation? When supply lines are interrupted or the price of a certain raw material increases, supplying a certain good or service becomes more expensive for a company. This can translate to higher prices and companies try to pass costs onto consumers.

59

59

Lendio

NOVEMBER 7, 2023

If you’re considering purchasing an existing small business, this guide will help. How to buy a small business Figure out what type of business you want to buy Where to find small businesses to buy Do you want to buy an existing business or a franchise? Are you looking to acquire a smaller company or competitor in your field ?

Small Businesses 97

Small Businesses Credit and Collections Credit Scoring 97

Due

MARCH 26, 2023

What will happen when we can’t make a living or find a secure income stream anymore? What will happen to us when we enter our golden years? In the past three years, we saw how life could be fleeting and brittle, just like a thread. In the wink of an eye, it may break or shred when we least expect it. But let’s face it.

Brokerages 80

Brokerages Deductions Credit Unions Transactions 80

Lendio

MARCH 17, 2023

Here is some information that can help guide you through the necessary business filings. If you form certain entities, such as a corporation or limited liability company (LLC), then you will likely be required to register with your Secretary of State or Business Office. You can apply for an EIN on the IRS website.

Nonprofit Organizations 52

Nonprofit Organizations Law Firms Small Businesses 52

Fundera

DECEMBER 16, 2019

From creating a business plan to securing funding, this guide will teach you everything you need to know to start a business in Utah. Writing a business plan is hard work, but it’s a step that will help guide you and provide focus as you build your company. Company overview : A company overview is an elevator pitch of sorts.

Credit and Collections 52

Credit and Collections Small Businesses Default Transactions 52

Lendio

NOVEMBER 8, 2023

So what happens if you default? Being unable to make payments on a business loan is not a new phenomenon. Scores of hard-working business owners have found themselves in situations where they couldn’t fulfill their financial obligations. In some cases, they were late on payments. Other times, the payments were missed altogether.

Default 52

Default Credit Scoring Credit and Collections Bankruptcy 52

Fundera

MARCH 29, 2020

If you’re giving clients advice, working on their property, or even just providing them with a specific technology, they’ll want to know that you’re covered for any potential liabilities arising out of your operations. Limits of coverage. Types of coverage. Policy deductibles. Insurance provider. Policy number.

Deductions 71

Deductions Small Businesses 71

Due

JUNE 22, 2023

From helping you build a credit history and offering liability protection to entitling you with bags of rewards – credit cards are, indeed, of thousand utilities. However, do you know your credit card can award you more than what you already know? There may be refund limitations. Curious to know about them?

Credit and Collections 59

Credit and Collections Credit Card Companies Credit Scoring Deductions 59

Fundera

SEPTEMBER 12, 2019

Illinois has its own unique business regulations and we’ve included Illinois-specific business resources for you at the end of this guide. Illinois has its own unique business regulations and we’ve included Illinois-specific business resources for you at the end of this guide. What problems does your target customer experience?

Small Businesses 66

Small Businesses Credit and Collections Credit Scoring Insurance Companies 66

Lendio

MARCH 15, 2023

Putting together a business plan—and regularly updating it—is a great way to periodically step back from the minute details of running your company and refocus on the big picture. Start with what you know—then research what you don’t. What Is A Business Plan? That’s where a business plan can help.

Small Businesses 52

Small Businesses 52

Fundera

AUGUST 12, 2020

What Are LLC Articles of Organization? In order to form a limited liability company (LLC), you must file articles of organization with the state and pay a filing fee. Limited liability companies are a popular business entity choice among small business owners. Your LLC’s address.

Small Businesses 72

Small Businesses 72

Fundera

JANUARY 15, 2020

You just need the drive, passion, and a solid plan for how to start your business and grow it into a profitable company. . A business plan can help guide your business and provide focus during the building process. Company overview : Look at the company overview as your business’s elevator pitch. Write a business plan.

Small Businesses 52

Small Businesses 52

Fundera

MAY 30, 2019

Here’s your step-by-step guide to everything you need to know about small business taxes. These are the basics of paying your small business taxes: What types of taxes you need to pay. To figure what you’ll need to pay in self-employment taxes—and if you have to pay quarterly—use Form 1040-ES, Estimated Tax for Individuals.

Small Businesses 100

Small Businesses Deductions Credit and Collections 100

Fundera

OCTOBER 4, 2019

When you think of transportation businesses, you might think specifically about taxi companies or car rentals, but there are so many other options that you might not be considering. You might consider what vehicles you already have at your disposal or what the market you plan to operate in is currently lacking. . Car rentals.

Transactions 55

Transactions Small Businesses 55

Fundera

SEPTEMBER 14, 2019

Send a survey to past customers and ask them why they bought the product, what they like and dislike about it, or if there’s anything they would change. What worked for them? When you’re first starting a business , you may have a small set of products—or even just one—to sell. Step 1: Find Your Audience. Do your research.

Insurance Companies 86

Insurance Companies Small Businesses 86