Accounting is often seen as mundane and painful. However, in today’s world, apps provide the efficiency needed to maximize financial intelligence. Instead of a bunch of paper and spreadsheets, modern accounting provides dashboards and reports to help your business grow. With a solid financial intelligence, your business: Better handles times of adversity and uncertainty Makes […] Read more “7 Apps to Maximize Financial Intelligence”
Category: Entrepreneurs
During times of uncertainty, the worst thing a business can do is sit back and wait. Learn how to stay proactive and make financial decisions even while facing an unknown future. Read more “How to Plan During Times of Uncertainty”
Are you starting a small business and unsure of how to handle your bookkeeping and accounting records? This is definitely a common challenge for many small business owners yet it is a vital aspect of running a business. One question you might have about this subject is whether you should use the cash basis vs […] Read more “Cash Basis vs Accrual Basis Accounting: What’s the Difference?”
When starting a small business, one of the biggest decisions that a startup has to consider is where to bank. Banks have their appealing factors, but many of the best banks are suited for larger businesses – thus excluding the startup altogether. Luckily, there is one bank that has been tailored specifically for small businesses […] Read more “5 Reasons Small Business Owners Love Mercury Bank”
One of the biggest problems startups face (amongst other things) is financial management. Having a great idea for a business is just one part of the equation, after all. Not only do you have to be innovative, but you also have to manage all parts of your company meticulously to ensure it doesn’t fail. When it […] Read more “What Is First Republic Bank and Why Is It Great?”
What if the right bank could make your startup dreams come true? Many startups struggle with obtaining funding, and a large part of that is about finding the right bank. However, the struggle is over: Silicon Valley Bank is what your startup has been looking for all along! Wondering what this bank can do for […] Read more “7 Reasons Why You Should Consider Silicon Valley Bank For Your Startup”
You’ve got a great business idea. You’ve done your research and confirmed it a viability opportunity. You’re ready to launch… …but your finances say, “NO GO”. You don’t often hear about ways to manage a new business when you’ve got credit card debt. A lot of advice assumes you’re free to take on a loan. So, […] Read more “The Best Ways to Manage a New Business If You Have Credit Card Debt”
As a startup business owner, you know that entrepreneurship is an uphill battle. You have to make the most of limited resources to build your company from the ground up. You have to be agile in every area and incredibly smart about how you use your resources–especially your money. A simple financial dashboard is about […] Read more “The Importance of a Simple Financial Dashboard for a Start-up Company”
Business credit cards provide a great way for small business owners to build company credit and earn rewards. They also are a convenient way to purchase items necessary to grow the business. But, of course, there’s are a couple of caveats. You must have good personal credit to be approved for a business credit card. […] Read more “BREX Credit Card Review: The Perfect Card for Businesses”
When it comes to what your customers or clients say about your business, talk is anything but cheap. In fact, the opinions they express to friends, colleagues, and the thousands of people who read their online reviews can tell you more about your company’s present performance and outlook for the future than almost any other […] Read more “Feedback to the Future: Why You Need to Know Your Net Promoter Score”
You just started a business, congrats! As with most start-ups, you have incurred a lot of costs and are wondering whether you can deduct any of these costs on your taxes. Here are the rules: There are two types of costs associated with starting a business: start-up costs and organizational costs. The IRS defines start-up […] Read more “The Start-Up Cost Deduction”
Venture Debt Pros & Cons to Help Weigh Your Funding Options If you’re an entrepreneur, you know about venture capital and how it can play a vital role in funding your early-stage company if it has the requisite maturity. Fewer folks are familiar with the concept of “venture debt.” While it may not be as […] Read more “3 Reasons You Should Consider Venture Debt for Your Start-Up’s Funding Needs”