Sometimes the hardest part of running a small business is getting started. Lately we’ve been chatting with successful small business owners across the country about how they made their first…
Net working capital is the ratio between current assets and current liabilities. We explain what this means and how it can affect your business. There are many different ways to…
Trucking companies, large and small, require a detailed business plan. We discuss what you need to know to get truckin’ in the right direction. In an era characterized by ecommerce,…
Partnerships and limited liability corporations both have their advantages and disadvantages. We discuss the most important things to think about when choosing between a partnership vs LLC. Starting your own…
After months of hard work, we’re excited to announce that we’ve partnered with The Bancorp Bank, N.A., Member FDIC and Galileo Financial Technologies on our mission to help small business…
An electronic transfer is one of the best options for sending and receiving money for small business and personal use. It tends to be a safer option than sending funds by mail…
When starting a business, choosing which business structure is right for you can be overwhelming. The five core legal businesses structures are sole proprietorships, LLCs, partnerships, corporations. For some, the…
Wire transfers are an easy and safe way for small businesses and individuals to send money electronically, particularly large amounts of funds. They are usually the preferred transfer method for expensive, one-time…
Business and personal credit both play key roles in the lives of small business owners. Understanding the differences between these types of credit, how they affect each other, and how…
Over the last year the way we work has changed at a fundamental level. The pandemic has reshaped how people approach their jobs while also pushing many folks to venture…
Opening a restaurant is a big undertaking. But if you’re passionate about the food service industry and you’re ready to put in the work and proper planning, who’s to say…
What is the Envelope Budget System? The envelope budget system is a popular financial strategy that makes it easy to keep track of your spending and help you save. This…
Starting a cleaning business can be a lucrative and rewarding career choice. If you’re thinking about launching your own cleaning business this article will walk you through what you need…
If you’re starting a new small business with a partner, you’re probably going to want a joint bank account. This article will walk you through what a partnership bank account is (and…
As a sole proprietor, opening a business bank account is a crucial step to keep your personal and business finances separate, maintain accurate records, and ensure legal protection. Unlike other…
