Fundera

OCTOBER 12, 2019

Revenue recognition principle : Revenue is reported when it’s earned, regardless of when payment is actually received. What Are the Basic Principles of Accounting? What are the basic principles of accounting? Basic Accounting Principles.

Revenue Recognition 81

Revenue Recognition Transactions Small Businesses 81

TreviPay

APRIL 19, 2024

Without needing to open new stores or offices to diversify revenue streams, you can lower the risk of international expansion while accessing more buyers through eCommerce. By 2029, global B2C eCommerce revenue is forecast to exceed $5 trillion , while the global B2B eCommerce market may be valued at a whopping $36 trillion by 2026.

Credit and Collections 52

Credit and Collections Transactions 52

Lendio

JULY 7, 2023

This article will guide you through the Four Ps of the Marketing Mix, examples of the four Ps of marketing, and how to use them. What are the Four Ps of Marketing? So what are the Four Ps of Marketing that McCarthy proposed? Product The first P, Product, refers to what your business offers to the market.

Small Businesses 52

Small Businesses 52

Biz2X

JULY 11, 2023

This guide makes the case for why lenders, including banks and credit unions, MUST invest in business loan automation. What is Business Loan Automation? It is also used to answer prospective loan customer questions and help guide them through the application process, making it more likely suitable borrowers won’t abandon.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Credit Unions 52

Fundera

AUGUST 23, 2020

The problem is, however, your business accounting software , financial statements, and tax returns don’t explain what these terms actually mean. In this guide, we’ll explain the difference between cash basis accounting vs. accrual basis accounting so that you can decide which is better for your small business. Not necessarily.

Revenue Recognition 52

Revenue Recognition Transactions Small Businesses 52

FICO Blog

MARCH 7, 2023

The EU AI Act could become a global standard, just as the EU GDPR has, determining to what extent AI has a positive rather than negative effect on individuals wherever they may be. But alongside the rise of artificial intelligence, there have been growing concerns around ensuring its ethical use. Europe has ambitious plans for AI.

Credit Application 52

Credit Application 52

Fundera

OCTOBER 8, 2020

What, exactly, is bookkeeping? What, exactly, is bookkeeping? What is the difference between bookkeeping and accounting ? What goes into bookkeeping, and what should you expect from your bookkeeper? One of the first challenges new business owners face is managing their business’s bookkeeping. Bookkeeping Today.

Small Businesses 84

Small Businesses Transactions 84

Fundera

AUGUST 22, 2019

The Road to Recognition. What if you could persuade customers before you ever got a chance to message them? Blue Ocean Strategy, Expanded Edition. The Tipping Point. Pre-Suasion. Get Scrappy: Smarter Digital Marketing for Businesses Big and Small. Designing Brand Identity. Questions That Sell. The Lead Machine. Ready to learn more?

Small Businesses 92

Small Businesses 92

Lendio

OCTOBER 11, 2023

Building your Yelp community by engaging with reviewers and venturing into similar online sites can also help you gain recognition from locals and also attract visitors from out of town, boosting restaurant sales in the long run. While this kind of change can bring uncertainty, it also creates possibilities.

Small Businesses 52

Small Businesses 52

Biz2X

JUNE 9, 2023

Key components of digital transformation in account opening While banks realize that automation is the key to decreasing costs, increasing revenues, and opening more accounts, many fail to know what to look for in an account-opening software provider. Today’s clients expect seamless, efficient, and secure experiences.

Cybersecurity 40

Cybersecurity Credit and Collections Credit Unions Transactions 40

truly financial

FEBRUARY 16, 2022

According to the Internal Revenue Service , anything that’s an ordinary expense for the purpose of generating sales, and/or is a necessary part of your business activities, can be considered a business expense. For the purposes of this guide, we’ll be focusing on small businesses. However, there are some general guidelines to follow.

Deductions 52

Deductions Small Businesses Credit and Collections Dashboards 52

Fundera

DECEMBER 22, 2019

What Is Franchising? Franchisors usually collect royalty fees on a monthly basis, and they’re often calculated as a percentage of your revenue. Advertising or marketing fees are exactly what they sound like: It’s a fee that the franchisee pays the franchisor to help fund the franchisor’s advertising budget. Advertising Fees.

Bankruptcy 52

Bankruptcy Credit and Collections 52

Fundera

MARCH 4, 2020

This NetSuite vs. QuickBooks comparison guide is here to help you find out. We’ll break down everything you need to know about these financial solutions, from features to pricing—so that you can decide what’s best for your needs. NetSuite vs. QuickBooks, Summarized. Which of these platforms is right for your business?

Revenue Recognition 52

Revenue Recognition Dashboards Small Businesses Transactions 52

Fundera

DECEMBER 2, 2019

In this guide, we’ll break down what franchise fees are and how much you can typically expect to pay. What Is a Franchise? Before we dive into the world of franchise fees, let’s first define what a franchise is. What Is a Franchise Fee? It’s typically based on a percentage of the franchisee’s gross or net revenue.

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Lendio

OCTOBER 11, 2023

Decide what kind of restaurant to open You’ll want to consider many factors when deciding what type of restaurant to start. Pay attention to your target location and what kinds of restaurants find success there, while also avoiding oversaturated markets. Be realistic about what you can afford.

Small Businesses 52

Small Businesses 52

Fundera

JANUARY 30, 2020

That’s why we created this guide—to show you all the steps you’ll need to take to buy a franchise restaurant. Franchises are highly replicable businesses that have a proven business model and widespread brand recognition and popularity. However, the process of buying a franchise restaurant is anything but easy.

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Fundera

JUNE 18, 2020

Think of it as a business in a box—not only will you have brand recognition providing a built-in customer base, but you’ll also have the support of the franchisor in the form of advertising, marketing campaigns, and training programs. Curious about what it takes to open a Papa John’s restaurant? Let’s get cooking. small towns).

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Fundera

APRIL 18, 2020

Business owners who can sell their goods online can significantly increase their business revenue by opening up an ecommerce store. In this guide, we’ll go into more detail about WooCommerce’s features, as well as provide the top WooCommerce alternatives, so you have all the information you need to decide which to move forward with.

Dashboards 52

Dashboards Credit Card Payments Transactions Small Businesses 52

Fundera

OCTOBER 26, 2019

What About a Free Hotel Accounting Software Option? Sage Intacct: Best accounting software for growing hotel enterprises. M3 Accounting: Best all-in-one accounting solution specifically for hotel groups. The hospitality industry in the U.S. According to a report by Deloitte, hotels accounted for $185 billion in sales in 2017.

Dashboards 40

Dashboards Revenue Recognition 40

Fundera

OCTOBER 20, 2019

Use this article as a guide to help direct your decision, but also take advantage of your accountant’s expertise and any free trial periods before making your final decision about which accounting software for medium-sized businesses is best for you. Accounting Software for Medium-Sized Businesses: What to Consider.

Credit and Collections 45

Credit and Collections Accounting Firms Dashboards Transactions 45

Lendio

JUNE 20, 2023

But at the same time, a single one-star review could drive away thousands of dollars of revenue. In this guide, we’ll take you through the importance of online reviews, their major platforms, how to get more reviews, and how to handle the bad ones. Online reviews greatly reduce the problem of discovery.

Small Businesses 52

Small Businesses 52

NorthOne

JUNE 4, 2023

Introduction to Franchise Accounting What is Franchise Accounting? It’s a crucial aspect of running a franchise, which helps to monitor revenue, expenses, and cash flow. These include revenue recognition, cost of goods sold, inventory management, and financial reporting.

Revenue Recognition 52

Revenue Recognition Transactions Small Businesses 52

NorthOne

MAY 27, 2023

In this guide, we’ll take a comprehensive look at contractor marketing and how you can leverage it to grow your business in 2023. By creating valuable content like blog posts, infographics, and videos, you can demonstrate your knowledge and expertise to potential clients.

Small Businesses 52

Small Businesses 52

Fundera

SEPTEMBER 5, 2020

It’s critical when scaling any business that you’re clear on what your product or service offers that no one else does, and continue to double down on that unique value. This is truly what makes a company scalable: It’s providing something that’s not accessible somewhere else.” — Cynthia Dalagelis , business advisor.

Small Businesses 63

Small Businesses 63

Fundera

DECEMBER 13, 2018

Even more, no matter how much you read or what research you do, there are certain things about being a restaurateur that you can truly only learn from experience. Nonetheless, with this guide on how to open a restaurant, we’ll do our very best to prepare you for most things that starting a restaurant could throw your way.

Small Businesses 89

Small Businesses Credit Scoring Transactions 89

Fundera

JULY 13, 2016

But who gives these awards, what are they are looking for, and why you should bother? There’s a good chance your local chamber of commerce will know some local lenders who offer special recognition. What Are They Looking For? What makes you unique? Industry Leaders & Publications.

Small Businesses 75

Small Businesses Nonprofit Organizations 75

Fundera

JULY 6, 2016

In this guide, we’ll lay out absolutely everything you ‘ll ever need to know in order to launch and run a successful, profitable restaurant that customers will visit over and over for years to come. As you look around your own little corner of the universe, what cuisine, service, or convenience do you see as missing?

Small Businesses 71

Small Businesses Credit Scoring Transactions 71

Fundera

JULY 6, 2016

More customers, higher revenue, better brand recognition: whatever your goal is, this project will accomplish it. We’ll give you a hint—it’s in the title of this post. In this credit score guide, we’ll take a look at why your credit score matters, how it affects your business financing, and what improving your credit can do.

Credit Scoring 74

Credit Scoring Credit and Collections Bankruptcy Small Businesses 74

Fundera

AUGUST 20, 2018

If you have, you’re one step closer to understanding what crowdfunding is. Jump to our infographic for a quick overview of everything you need know to know about crowdfunding, or read through our comprehensive guide for a more in-depth look. What is Crowdfunding? How to Crowdfund. Choose the right platform for your business.

Small Businesses 84

Small Businesses 84

Fundera

NOVEMBER 1, 2019

What Is Crowdfunding? If you have, you’re one step closer to understanding what crowdfunding is. What Is Crowdfunding? Crowdfunding is not as simple as posting your project and reaching your goal of $10,000 the next day. through the collection of small amounts of funds from a large number of contributors.

Deductions 84

Deductions Transactions Small Businesses 84

Fundera

JANUARY 16, 2019

Figure out what you’re interested in and the kind of business you’re looking for. Determine if the business will succeed by assessing the current assets of the business and what you’ll need to invest. Buying a Business in 8 Steps. Understand why the business is for sale to determine any risks. That part is really important!)

Credit Scoring 104

Credit Scoring Credit and Collections Transactions Small Businesses 104

Fundera

MARCH 18, 2020

This franchise has opened over 2,000 restaurants, reported $9 billion in revenue in 2017, and is an industry leader in customer satisfaction. . We’re breaking down what you need to know about opening a Chick-fil-A franchise. Being closed on Sundays can result in loss of potential revenue. Let’s get started. Chick-fil-A Overview.

Credit and Collections 40

Credit and Collections Bankruptcy 40

Fundera

MARCH 27, 2018

However, an existing business has some structure that will save you time up front, letting you quickly see what you need to zero in on. Plus, like we mentioned, there’s also existing data around the company’s market position, competitors, brand recognition, and customer base. What goes up must come down, right?

Credit and Collections 104

Credit and Collections Credit Scoring Transactions Small Businesses 104

Fundera

AUGUST 3, 2018

In addition to potential customer reach, Amazon’s generous range of business management and distribution tools makes it easy for businesses of all sizes to scale far beyond what they could otherwise do alone. A Step-by-Step Guide on How to Sell Products On Amazon. Your Amazon seller category depends on the kind of business you run.

Credit and Collections 76

Credit and Collections Transactions Deductions Small Businesses 76

Fundera

APRIL 20, 2018

But in addition to potential customer reach, Amazon’s generous range of business management and distribution tools makes it easy for businesses of all sizes to scale far beyond what they could otherwise do alone. A Step-by-Step Guide on How to Sell Products On Amazon. Your Amazon seller category depends on the kind of business you run.

Credit and Collections 85

Credit and Collections Transactions Deductions Small Businesses 85

Fundera

JUNE 7, 2019

But Amazon is equally valuable for established online businesses as a supplementary revenue stream, and to redirect a new contingent of customers back to their dedicated online stores. . That way, you can come to a better-informed decision about whether Shopify vs. Amazon (or both) is the right digital home for your products. .

Small Businesses 52

Small Businesses Transactions 52

Fundera

NOVEMBER 1, 2019

What Is Crowdfunding? If you have, you’re one step closer to understanding what crowdfunding is. What Is Crowdfunding? Crowdfunding is not as simple as posting your project and reaching your goal of $10,000 the next day. through the collection of small amounts of funds from a large number of contributors.

Deductions 40

Deductions Transactions Small Businesses 40