Financial Management Archives

What It Takes to Start and Run a Secure Business

By Monica Hamilton | Jun 20, 2013

Whether you are thinking about starting a business, in the process of launching one, or are a seasoned SMB veteran, one item that should always be on the top of your to-do list is SECURITY. Cyber security should be a priority for any small business because, by the time a breach is discovered, it’s already too late.

Milking the Business

By Ted Jenkin | Jun 13, 2013

If you have worked for a corporation for a few years before you start your own venture, you need to really prepare for the first time of not having a paycheck every two weeks. While you hear stories about all the personal things that your business can pay for through the company, milking your company can be a very big problem.

Estimated Tax Payments for Small Business Owners

By Bill Wortman | Jun 13, 2013

As a small business owner, you follow a different set of tax rules than your employees. Making estimated tax payments throughout the year is required and should be handled in a way that’s not particularly burdensome.

Factors That Determine the Transaction Fee Effective Rate

By Bluefin.com | Jun 11, 2013

Transaction fees, also called effective rates or merchant fees, are fees that are charged to you by your payment processor on each transaction processed. The fee includes the bank interchange, the credit card association fees, and the processor fee. There are several factors that will determine your transaction fees:

5 Simple Steps to Get Paid Faster

By StartInvoicing.com | Jun 10, 2013

A receivable cannot be used to help grow or sustain your business until it has been paid. Most reputable companies consistently pay on time; however there are some that just can’t seem to stay on top of it, regardless of their good intentions. This article will give you some powerful tips to help you turn your invoice into a payment quicker, so you can reinvest it back into your company.

How to Keep Your Small Business Alive During Tough Financial Times

By StartInvoicing.com | Jun 7, 2013

Small business owners need to be savvy and come up with real ways to reduce their expenses and increase their cash flow. In simple terms, less money needs to be leaving your account and more money needs to be coming in. It is an obvious statement to say that you need higher profits, but so many companies are missing opportunities to do just that.

Accounting Tips for Seasonal Small Businesses

By 1800Accountant | Jun 6, 2013

Do you run a seasonal small business—one where the bulk of your revenue comes in a few months or even weeks? If you do, chances are you are all too aware of the intense nature of the season—a time when you can’t possibly keep up with the workload. One of the first things that slides during a crush of activity for many small seasonal businesses is accounting.

Financial Statement Fruit Salad Is a Recipe for Disaster

By Ruth King | Jun 6, 2013

You can’t make good decisions for your business without accurate financial statements. If someone is inputting the wrong information, or putting it in the wrong locations, then you’ll have financial statements which can’t be relied upon. You don’t need to know the intricacies of how each entry is made. You do need to know enough to question if the statements don’t appear to be right.

Top 10 Free Tools from Google for Your Business

By Jeff Shjarback | Jun 4, 2013

Google is the gift that keeps on giving to businesses. Google provides dozens of tools and applications designed to help your business grow and increase your productivity. Best of all, they are totally free.

5 Essential Components When Planning a Startup Business

By Tyler Tafelsky | Jun 3, 2013

If you’ve been thinking about pursuing your very own startup business, there are a few considerations that you’ll want to keep top of mind. Although these components are not the most exciting aspects of planning a startup, they are essential to ensure the future success and sustainability of your business.