Financing Options for Small Businesses

  Financing Options for Small Businesses: Small Business owners have numerous financing options available, from traditional installment loans to lines of credit to microloans. However, the requirements for capital vary based on the nature of the firm. There are several loan solutions accessible, depending on your needs, whether you’re completely new to the market, your...

QuickBooks Tips for Beginners

QuickBooks is a complete accounting software suite used by countless business owners on a daily basis. It has a very simple user interface, excellent security, and more than enough accounting features for different types of small businesses. QuickBooks also has a good price point making it a popular choice in the business world. The Best...

Modern ERP Consulting & Why It’s Valuable

PLANNING, IMPLEMENTATION, MIGRATION   WHAT IS ERP CONSULTING? Accounting, human resources, sales and inventory management are all considered part of enterprise resource planning (ERP), which is a set of integrated and integrated business applications used to manage and automate numerous business functions. Additionally, depending on your ERP choice, you may be able to take advantage...

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There is a lot of bad financial information out there- to put it lightly. What’s even worse is that while this information comes from a variety of sources, your broke cousin for one – it also comes from people who claim to be “professionals” in the “financial field”.  Trusting your financial operations to someone that...

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Because paying taxes is an important responsibility for any business, it’s critical that you understand when your taxes are due.  Yesterday, we took a look at the important tax/ payroll deadlines in March, and if you haven’t checked it out, we highly suggest you do so here: Important Tax Deadlines for Business Owners March 2022. ...

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‘Self-employed individuals are business owners, but not all business owners are self-employed.’ “Huh?” So, you own a business; while this may technically mean that you are self-employed, the IRS has rules to sort out and classify those who are self-employed and those who are not.  So, what are the types of self-employments? Before we take...

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Ignorance is bliss… Until it runs you into the ground. Chances are, whether you are a business owner, founder, entrepreneur, CEO, etc. (or just a human being for that matter) you prefer to spend your time on the more “fun” side of things.  We all do. However, this is no excuse to have anything less...

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Free money  Support your small business  No strings attached What’s the catch? We work with small business owners on the daily, and while some are completely unaware these financial offers exist, others choose to disregard them completely – for no other reason other than it’s time-consuming. Ultimately, it’s not so much a catch, but rather...

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We hear this question on a regular basis; “Which is better, Netsuite or Quickbooks?” You may be hoping to see a straightforward answer, but the truth is that this question is riddled with complexities, therefore it’s important to first understand how these systems differ.   In any critical decision-making process, you:  Identify your needs and wants...

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Tell us if this doesn’t feel familiar…. Frequently, it feels as though everyone in their field of profession is berating you for doing something the “wrong way”. The “wrong way” – according to them. You’re “wrong” because you don’t utilize a specific type of accounting software, you’re “wrong” because you do your own bookeeping, etc....

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As technology continues to evolve and become more and more accessible, it has become a vital element of business management. In fact, at least some type of accounting software can be found in organizations of various sizes.   However, as your business continues to grow, you may face a situation where your accounting software is no...

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After the end of each year, business owners are required to prepare 1099 forms to report payments to non-employees and others. While it’s normal to make a mistake on a 1099 form, it’s imperative to correct it for both the Internal Revenue Service and the payee.  Today, we’re going to give an overview of 1099...

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Most people associate the start of a new year with inspired resolutions and improved goals; to business owners, the new year welcomes the first quarter, new opportunity, and most importantly: tax filing deadlines.  The IRS requires different forms, rates, and filing dates depending on the official business entity of your company; furthermore, if you fail...

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Those who are self employed usually face specific challenges when trying to secure funding for their personal endeavors. Due to a lack of a steady paycheck and/or inconsistent income, lenders may feel more resistant to loaning the necessary funds. For this reason, lenders will typically ask for a greater amount of documentation to determine whether...

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Trying to find investors and articulate your vision at a strong enough level to fund your growth is not easy. It requires first-rate patience, thick skin and visible confidence. Whether your fundraising efforts began before or after the Covid-19 pandemic changed our world, one thing is certain: we all face a new style of meetings....