Category: Small Business
Inflation now the No.1 concern for small businesses
Inflation is now the biggest threat facing U.S. small businesses, creating widespread cash flow problems. But opinions on interest rates remain divided. These are the …
How to calculate payroll taxes: Tips for small business owners
Today, you’re going to meet Hector—a small business owner running a bakery in the sunny state of California. As a business owner, Hector has a …
Interview red flags you should watch out for
My friend Emma recently interviewed for a position with a company she’s always admired from afar. She showed up (virtually) excited, well-prepped and hoping for the …
Most Americans agree: That meeting could’ve been an email
The coronavirus pandemic fundamentally changed the way people work, forcing many to stay home and increase their reliance on technology to accomplish simple tasks. …
Free money to help you get your business idea off the ground
Did you know that there are grants for side hustlers (and sidepreneurs)? This untapped money is available, and many people don’t know about it. Grants …
Is this classic piece of work advice actually useful?
There’s a trail of companies behind us—from Polaroid to Blockbuster to Blackberry (and countless others my kids have never heard of)—that ultimately failed because they didn’t …
How to craft a perfect elevator pitch
In entrepreneurship, every person you meet could be a potential customer or know someone who could be—if only they knew what you can offer them. …
Are you a business owner? Don’t forget about this tax deduction
Real estate investing can complicate tax returns, so it’s important to know all the possible deductions a property owner can take to maximize the return …
How to identify your business target audience in 5 easy steps
Attracting customers is critical to success, especially in the early stages of starting a business. Sadly, even for owners with a solid business plan, truly understanding whom …
How to monetize a website: 8 ways to drive revenue and build a brand
A business website doesn’t just exist to advertise your products and services. On the contrary, a well-developed site can actually generate income for your company. But, …
Run a startup? Make sure you understand these tax deductions
The best things in life aren’t always free. A beach vacation? A box of fresh doughnuts? Starting your own small business? There are going to …
Set up your business for online sales in 5 easy steps
For many brick-and-mortar shops, diversifying revenue streams means putting products and services on an online marketplace. Over a quarter of small businesses are choosing to …
How to find & apply for large business loans
Many small businesses take out loans to cover day-to-day operating expenses, hire staff or make a big purchase. And there are many loans available in the …
A small business owners’ complete guide to accounting
As a small business owner, we know you’ve got a lot on your plate. Between managing supplies and satisfying customers, the last thing you need …
Inventory management tips for small businesses
Good inventory management should be a top priority for e-commerce business owners. Having a well-defined inventory management process is essential for optimizing how you control inventory …
Was 2021 the year of the entrepreneur?
Amid the beginning of the COVID-19 pandemic, the number of new U.S. business applications rose 25% between 2019 and 2020. To get a deeper understanding, …
13 frequently asked questions about small businesses
There is no end to the questions people have about small business. Whether you’re just starting out have been in business for years, you never …
Growing pains: Mid-sized businesses are challenged to find right-sized digital tools
Mid-sized business owners say they are caught in the middle in their search for the right-sized digital tools to support their growth. They’ve outgrown the digital …
The ultimate business checklist for new freelancers
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 …
Small business employment & wages bouncing back, according to latest QuickBooks Canada data
Small business workers in the hospitality, personal care, and retail industries have enjoyed the fastest wage growth over the past 12 months according to new payroll data …
Small Business Insights: 2022 is the year the pivot becomes permanent
Many small businesses had to adapt to survive during the pandemic—and those same adaptations could now be helping them to thrive. That’s one of the …
9 crowdfunding sites for your business
For entrepreneurs and startups with big business plans, taking the next step to raise capital can require a serious leap of faith. How will the project be …
2022 projected to be another record year for new business starts
After two record-breaking years of new business creation, there’s no sign of the trend slowing down as QuickBooks projects as many as 17 million new …
How to use crowdfunding loans for your business
The amount of money you need to start a business can seem intimidating. Even though you may have a great idea, nothing will ever come of …
How to start a minority woman-owned business
If you own or want to start a business, and you also happen to be female or a member of a minority group, you may …
How growing businesses can take advantage of artificial intelligence
A recent study by Accenture found that artificial intelligence (AI) could boost profitability rates by 38 percent by 2035. That would provide a $14 trillion boost to …
A guide to microloans for women-owned small businesses
There are 12.3 million women-owned businesses in the U.S., and they generate 1.8 trillion dollars per year. Nonetheless, in 2019, less than 3% of all venture …
How to choose the right name for your small business
What’s in a name? Well, quite a lot, actually. Most entrepreneurs will tell you that picking the perfect business name is like naming your first …
Invoice financing vs Invoice factoring
If you have a small business, you know that cash flow can be a big concern. And when you’re searching for small business loans, you may …
Your complete small business tax prep checklist
It’s nearly that time of year again: tax time. Preparing your taxes may seem like an annoying task that distracts you from running your business, but …