Category: Small Business

MoneySmall Business

How to choose the best payment method for small businesses

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  What’s the best payment method for small businesses? Some say cash is king, while others swear by credit cards. But in light of the coronavirus, …

MoneySmall Business

How to calculate your EIDL loan amount

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  Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive …

MoneySmall Business

EIDL Loan requirements: What are they?

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  “EIDL” is short for an Economic Injury Disaster Loan and EIDL loans are available to small businesses, most private nonprofit agencies and small agricultural cooperatives. Backed by …

MoneySmall Business

SBA Express Loans: What they are & how to apply

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  Sometimes an opportunity may come up or an emergency may arise and your small business will need cash fast. That’s when the SBA Express Loan …

MoneySmall Business

5 steps to create & launch your small business website

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  Welcome to the internet! You made it this far, so we’re guessing you have some idea of how this works: Need some information? Go to …

MoneySmall Business

What’s a lean startup & is it right for you?

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    Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not …

MoneySmall Business

6 things to know about self-employment tax

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  6 Things to Know About Self-Employment Tax A 2019 FreshBooks research report called “Self-Employment in America” revealed that the number of self-employed Americans is rising …

MoneySmall Business

A small business guide to identifying & preventing payroll fraud

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  When you think about employee theft in your company, you likely consider acts such as employees stealing inventory or company or customer information through cyber …

FeaturedLifestyleMoneySmall Business

5 homeschooling tips to keep parents sane

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Homeschooling your child requires a lot of time and energy, and with the coronavirus pandemic impacting students nationwide, parents are suddenly finding themselves managing a job, …

Small Business

What Is an LLC? And How Is It Different Than a Corporation?

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I know a thing or two about the complexities of launching a new business. As the owner of several businesses in the Los Angeles entertainment industry, …

Small Business

Are You Ready to Be Your Own Boss? 10 Things To Consider and Help You Decide

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If you have ever wanted to be your own boss, then you’re in the right place. There are plenty of things to consider before branching out …

FeaturedSmall Business

7 tips for maintaining mental wellness in the workplace

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Whether you’re an employee or a business owner, work-related stress is the most major source of stress for American adults. According to a 2020 Mental Health America …

Small Business

How accounts payable automation propels your business forward

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Let’s explore how the benefits of AP automation translate directly to your business’s bottom line. How much time do you think you or your employees spend …

FeaturedSmall Business

Does your business need an ERP?

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The issue of whether or not to adopt an organization-wide ERP system remains a tricky question for growing businesses—and for good reason. According to Manufacturing Business Technology …

Small Business

How to get paid faster with recurring bill payments

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Your business needs a lot from you, and you welcome any opportunity to put tasks on autopilot. We have good news for you: recurring payments allow …

FeaturedSmall Business

Why a good work culture is essential for client-focused businesses

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On the long list of reasons for business success, company culture too often gets short shrift. Company culture is more ephemeral than accounting processes and sales …

FeaturedSmall Business

How to choose the best payment method for small businesses

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What’s the best payment method for small businesses? Some say cash is king, while others swear by credit cards. But in light of the coronavirus, small …

Small Business

New analysis reveals real impact of COVID-19 on small businesses

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QuickBooks commissioned economist Susan Woodward to uncover how COVID-19 has affected the finances of small businesses throughout the U.S.1 Woodward’s analysis uses net bank deposits — …

Small Business

8 ways to bulletproof your small business with insurance

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Financial losses from a product defect, data breach, serious illness or work-related automobile accident can force business owners to close their doors if they’re not prepared. The …

FeaturedSmall Business

How to start a business in 17 steps

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So you’ve decided to take the leap and start a new business. Congratulations! Making that decision might feel risky and overwhelming, but as the saying goes, …

FeaturedSmall Business

Few small business owners to benefit from May 17 tax extension

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Editor’s note: Regulations and guidance from the Internal Revenue Service and U.S. Treasury Department is evolving. Please refer to the latest guidance from the IRS and Treasury to confirm how it …

FeaturedSmall Business

How to plan for retirement when you’re self-employed

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Many people dream of being self-employed, setting their own hours, and making more money. However, one of the biggest retirement money mistakes made by the self-employed is, well, …

Small Business

What you need to know about financial reporting

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In business, it’s not always a great idea to follow your gut. When it comes to making financial decisions, hard data can help you remain objective. …

Small Business

What is a general ledger and why is it important?

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Before computers and software, we did all of our accounting by hand. Business owners kept any accounting records in large binders with reams of paper files. …

Small Business

Some of the most profitable small businesses to start right now

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When you’re starting a business, there’s a lot to take into consideration, like your personal interests and skills, and demand in the marketplace. But you should …

Small Business

Here’s what the future of small business in America could look like

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For all the dreamers out there — from career-minded students to venture-seeking entrepreneurs — we bring good news. Long-term employment projections predict double-digit growth in a …

Small Business

Alone together: Self-employed architect shares his PPP story

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In the midst of a pandemic and nationwide quarantines, many people have taken up hobbies—macramé, decoupage, Paul Hollywood-level pastry work. Skyler Kogachi is no exception. In …

Small Business

Salary vs. draw: How to pay yourself as a small business owner

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You love your business, but that doesn’t mean you can afford to work for free. Yet, figuring out how to pay yourself as a business owner …

Small Business

31 profitable businesses just about anyone can start

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If you work in the corporate workforce, there’s a good chance you’re looking to escape. A study in 2018 by Gallup found that 66% of employees worldwide …

Small Business

7 things to look for in accounting software

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As the business landscape continues to evolve in the face of the COVID-19 pandemic, your resources may be more strained than ever. But no matter where …

Small Business

What is cash flow? An in-depth guide for business owners

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Cash flow is the movement of money in and out of your business and your business bank account. Think of cash flow like your car’s gas …

Small Business

Business systems: The key to business success

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Business systems are composed of detailed procedures that business owners can replicate for consistent, measurable results. Business owners who implement these systems can free up valuable …

FeaturedSmall Business

10 ways to make your site one of the best small business websites online

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As any small business owner knows, your website is one of the most vital components of your business. Whether you’re in e-commerce or not, it’s the …

FeaturedSmall Business

Are car wraps a good investment for your small business?

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Have you ever seen a car, truck, or van in your area wrapped in an advertisement? If so, you may have wondered whether these advertisements — …

FeaturedSmall Business

A small business guide to balance sheets

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A company’s balance sheet is one of several important financial statements that report on its performance. But to understand the importance of a balance sheet, you …

FeaturedSmall Business

Today’s gig workers are tomorrow’s business owners, says new survey

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2020 has been a tough year for small businesses. Many have felt the impact of the coronavirus—it’s hit some harder than others. During a time when …

FeaturedSmall Business

A small business owner’s guide to going digital

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I started watching “Get Organized with The Home Edit” on Netflix and purchased several boxes of velvet hangers before I finished the first episode. I ordered …

FeaturedSmall Business

How the coronavirus affected small businesses in 2020

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No doubt about it, 2020 was a wild ride. And that’s especially true for small business owners. In early spring, the coronavirus pandemic forced thousands of …

FeaturedSmall Business

Small business owners say you should outsource these 3 tasks

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The majority of people who plan to start a business within the next 12 months say the coronavirus influenced their decision. 28% said the pandemic accelerated their plans to start …

FeaturedSmall Business

How to improve business processes and boost growth

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If there’s one thing business owners don’t have enough of, it’s time. Improving your business processes through automation, integration, or outsourcing are great ways to get …

FeaturedSmall Business

All about the paycheck protection program (PPP), round 2

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After months of negotiations, the $900 billion pandemic stimulus package bill was passed into law on Dec. 27. The new law provides another round of funding, $284 billion, …

FeaturedSmall Business

PPP loans in 2021: List of online lenders & platforms

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Great news! The Paycheck Protection Program (PPP) is about to be back in business. The new stimulus bill that was signed into law at the end of 2020 …

FeaturedFood & DrinkMoneySmall Business

15 ways the pandemic has changed restaurants forever

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COVID-19 is changing how businesses operate across the country, including at the restaurants where we enjoy our favorite meals. Both business owners and customers are being …

FeaturedMoneySmall Business

Here’s why business owners should separate personal expenses

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Starting a new business comes with a litany of decisions to make, both logistical to financial. Some are required before getting started, while others are made …

FeaturedMoneyNewsSmall Business

76% of workers say racism in the workplace is a problem

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With anti-racism protests spanning across the country over the past two weeks, many employees see workplaces as fertile ground for discriminatory practices that need to be …

FeaturedMoneySmall Business

Here are the states with the most essential businesses

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A swath of the U.S. from the south Atlantic into the heartland has the greatest number of businesses deemed essential during stay-at-home orders. Nonessential businesses are …

FeaturedMoneySmall Business

7 ways the new PPP Flexibility Act can help your business

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The president has signed the Paycheck Protection Program Flexibility Act of 2020. This law may make PPP loans more attractive to small businesses. Here are seven …

FeaturedLifestyleMoneySmall Business

States getting the most help from PPP loans

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States throughout the Great Plains are so far seeing the biggest impact of Paycheck Protection Program loans — funds designed to help small businesses stay afloat …

FeaturedMoneySmall Business

How to rethink your business model post-COVID-19

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Those in the home services industry have an advantage over many other businesses during the COVID-19 pandemic: Their role protecting the health and safety of consumers …

FeaturedMoneySmall Business

The importance of small business trade credits post COVID-19

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One of the most undervalued credit opportunities a small business owner can leverage is the trade credit he or she has with their suppliers and vendors. …