Small businesses have tons of financing options. You can get funding through traditional bank loans, online lenders, invoice factoring services, alternative lenders, equipment financing and much m...
Getting a small business loan is hardly the only way to fund a business. Whether it’s trying to find capital to start a business or funding for an existing business, one channel that is often overlo...
Payroll is one of the most fundamental aspects of any business with employees. Even if you’re a sole proprietor with no employees, having a functioning payroll that tracks your wages and the taxes y...
Taxes are complicated even as an individual taxpayer. But for businesses, taxes are even more complex, with far more information and documents to be processed. Your business has to pay income tax in s...
Outstanding invoices can be frustrating for small businesses. Although you know that the money for the invoices will get repaid at some point, if you have customers who are slow to pay or have long re...
As a small business, you may find yourself in a position where you’re actually providing finance to bigger, wealthier firms through their unpaid accounts. For a small business, an excessively high d...
If you’re looking to enhance your business efficiency, you may want to try an exercise in lean manufacturing principles. Using these principles, you can identify and focus on activities that create ...
As a small business, there will be times when you need money you simply don’t have. So when small business owners look for financing, a line of credit is usually a leading consideration. Accordi...
An Employer ID Number (EIN), also called a federal tax ID number (FEIN), is a numerical identifier used by the IRS for businesses and other types of entities, such as charities or trusts. Getting an E...
The term fiscal year is one you’ve likely heard but might not know its true meaning. A company’s fiscal year is extremely important because the Internal Revenue Service uses it to determine yo...
