The COVID-19 pandemic is wreaking havoc on the finances of many people. Over 22 million workers have become unemployed in a short period of time. Unemployment benefits are available for laid off workers, freelancers, independent contractors, and gig workers, but the availability of some of those benefits has been delayed due to the crush of […]
How to Reduce or Delay Paying Your Bills During the COVID-19 Crisis Read More »
By Bruce Hakutizwi If your family was anything like mine, you’ll remember some point early each spring—for me, it was usually the first warm Saturday afternoon of the year—where a list of projects was decided on and everyone pitched in to get the house, garage, and yard cleaned up. Inevitably, we wouldn’t finish everything on
Spring Clean Your Small Business With These 3 Tips Read More »
Financial stability is a critical component of any successful business. It means more than just generating revenue—it means a balanced financial picture that indicates a business can continue to meet its directive and its budget. This is true for both for-profit and not-for-profit businesses. The goal of for-profit companies is to maximize profit. In general,
Financial Strategies for Nonprofit Organizations Read More »
There are aspects of running a business many entrepreneurs would prefer to avoid, but they have to be done by someone. For example, 86% of small business owners take on at least one financial activity for their small businesses, according to a recent survey from QuickBooks and Kelton Global. Most (80%) business owners do this because
Are You Micromanaging Your Company’s Financial Tasks? Read More »
By Dean Kaplan You have an overdue invoice and a client who won’t pay. The client is either not taking your calls anymore or you’re getting a lot of excuses. It may be time to call in a collection agency. Before sending a customer to collections, you should know what a collection agency is going
What Happens When You Hire a Collection Agency for Your Small Business? Read More »
Welcome to the Net Terms Economy. This “buy now, pay later” environment is not the most hospitable place for small business owners, and yet, we’re stuck here in a world that can negatively impact our businesses, our industries, and America’s economy. Explaining the Net Terms Economy Living in the Net Terms Economy means waiting to
Today’s ‘Net Terms’ Economy Hits Small Businesses and B2B Companies Hardest Read More »
Payroll penalties are severe, my friends. And these penalties impact employers who accidentally make mistakes. That’s why it’s important to know about changes to payroll laws and tax rates beforehand. Here are seven upcoming 2020 payroll changes you should familiarize yourself with before the year comes to a close—and going into the new year. 1.
7 Big Changes That Could Impact the Way You Do Payroll This Year Read More »
By Vinnie Fisher Accounting is one of the most important components of the e-commerce business cycle. By keeping accurate books and paying close attention to your business’s financial situation, you will be able to operate more efficiently and achieve your long-term goals. This may not be the most exciting part of running a digital business,
5 Simple Ways to Improve Your E-Commerce Accounting Practices Read More »
By Jake Eisenberg Running a business without a proper cash flow system in place is like driving a car with a blindfold on: you know where you want to go, but you don’t have any idea how to get there. Likewise, you want to grow your business, but it won’t be possible if you don’t
Manage Cash Flow and Increase Profitability in 8 Easy Steps Read More »
By Eden Amirav Poor cash flow management is the number one reason small businesses fail, causing 82% of business failures, according to a U.S. Bank study. How can you as a small business owner or manager mitigate this risk? How can you improve your company’s cash flow? First of all, you need to understand exactly
How to Better Manage and Improve Your Business’s Cash Flow Read More »
