When you start a business, you have many decisions to make about how you will operate. To run your business, you need funds. Business credit cards for startups help you access the day-to-day funds that you need.
Read More Business Credit Cards for StartupsAmanda Cameron
Excess Inventory for Seasonal Businesses
As a seasonal business owner, your inventory is inconsistent year-round. At the beginning of and throughout your busy season, you need a lot of inventory to run your business. But when your slow season starts, you need to get rid of inventory. It takes careful planning to avoid excess inventory in your seasonal business.
Read More Excess Inventory for Seasonal BusinessesThe Basics of Franchise Accounting
As a franchise owner, you can run your own business without the risk of starting a brand-new company. Like any business, you take on the many responsibilities of day-to-day operations, including some basic accounting tasks. Though franchise accounting is similar to accounting for other types of businesses, it includes a few extra steps.
Read More The Basics of Franchise Accounting5 Tips for Accepting Cash Payments
A cash business accepts most or all cash transactions. A cash payment system usually doesn’t allow customers to use checks and credit cards to make a purchase. If you’re thinking about accepting cash payments, read on for more information.
Read More 5 Tips for Accepting Cash PaymentsHow to Get Business Credit Cards Without Personal Guarantee
Business credit cards without personal guarantee are often dreams come true for small business owners. For most small businesses, it’s extremely hard to get this term on a credit card.
Read More How to Get Business Credit Cards Without Personal Guarantee6 Requirements to Qualify Your Small Business for SBA Loans
Do you need more ways to finance your business? The U.S. Small Business Administration (SBA) offers loan programs specifically designed for small business owners.
Read More 6 Requirements to Qualify Your Small Business for SBA LoansDe Minimis Safe Harbor Election for Small Taxpayers
Sometimes, it’s hard for small business owners to catch a break. But, if you made large purchases for your company this year, you might be able to deduct them on your tax return. You can write off expenses by choosing the safe harbor election for small taxpayers.
Read More De Minimis Safe Harbor Election for Small TaxpayersOutstanding Deposit: The Basics for Small Business
To keep your small business’s finances on track, reconcile your books and bank account statement. Sometimes, transactions are only recorded in one financial record when you reconcile the balances. If your books and bank account balances don’t match, you might have an outstanding deposit.
Read More Outstanding Deposit: The Basics for Small BusinessOrigin vs. Destination Sales Tax
If you’re like many small business owners, you need to collect sales tax on some of your offerings. Your sales tax responsibilities depend on your location. This fact surely begs the question: do I charge sales tax for out-of-state customers? To stay compliant, understand which sales tax laws apply to your business. And, you need […]
Read More Origin vs. Destination Sales TaxNet Revenue and Discounts
Do you offer discounts in your business? If so, understand how discounts help—or hurt—your small business’s net revenue.
Read More Net Revenue and Discounts