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Learn the ins and outs of what you need to have ready to secure funding for your business. We've covered the basics.

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Article
What’s the Difference Between Cash Basis and Accrual Basis?
By Dock David Treece | October 23, 2023

Cash basis and accrual basis are two different ways of valuing assets on your business's books. Learn the differences and why they matter.

Article
What Is the Double Declining Balance Depreciation Method?
By Dock David Treece | October 23, 2023

Double declining balance depreciation is a method of quickly depreciating large business assets. Learn how and when to use it.

Warehouse inventory manager
Article
What Is Overhead Rate, and Why Should Your Business Be Tracking It?
By Dock David Treece | October 23, 2023

Overhead rate is a measure of a company's indirect costs relative to another input or metric. Learn how to calculate your overhead rate.

financial data on a laptop
Article
Payroll Checklist: 10 Steps to Process Payroll
By Max Freedman | October 23, 2023

Processing payroll is critical for businesses. Refer to this payroll checklist to ensure you stay compliant and don't miss vital payroll processing steps.

Article
What Is the Cost Principle?
By Dock David Treece | October 23, 2023

Cost accounting makes it easy to track the value of large assets on your books. Learn when to use it for your small business.

Article
What Is Retro Pay?
By Max Freedman | October 23, 2023

Retro pay is extra wages added to employee paychecks when a prior check was less than it should have been. Learn how to calculate and avoid retro pay.

Article
What Are Interchange Fees?
By Dock David Treece | October 23, 2023

Interchange fees are costs you pay for processing credit card transactions. See how these fees may impact your small business.

Article
How to Accept ACH Payments
By Dock David Treece | October 23, 2023

Learn how to accept overnight payments electronically and offer this added benefit to your customers.

Article
What Is Value-Based Healthcare?
By Max Freedman | October 23, 2023

This article explains how value-based healthcare improves outcomes and results in happier practitioners and less spending throughout the medical industry.

Article
What Is an Accounts Payable Aging Report?
By Donna Fuscaldo | October 23, 2023

The accounts payable aging report can give you a complete view of your cash flow from one month to the next.

Accountant using a calculator
Article
Accounts Payable vs. Accounts Receivable
By Donna Fuscaldo | October 23, 2023

Want to optimize your cash flow management? Spend more time with your accounts payable and receivable.

businesswoman standing over a series of paper reports on a desk
Article
What Is Business Collateral?
By Dock David Treece | October 23, 2023

This guide explains how business collateral works and why it’s important when you're applying for a secured loan.

Accountant using a calculator
Article
Gross vs. Net Revenue
By Dock David Treece | October 23, 2023

Learn the difference between gross and net revenue, which are both important metrics for businesses to track.

Article
What Is Invoice Factoring?
By Dock David Treece | October 23, 2023

This guide explains invoice factoring, a funding option available to businesses that turns outstanding invoices into cash in exchange for a fee.

Accountant using a calculator
Article
Management Accounting
By Dock David Treece | October 23, 2023

This guide describes management accounting and how it is used to inform business decisions and strategies.

Article
How Can a Line of Credit Help Your Business?
By Jamie Johnson | October 23, 2023

A business line of credit provides a lot of financial flexibility. Here is how it could help your business.

Article
How to Prepare an Income Statement
By Dock David Treece | October 23, 2023

An income statement can be used for gauging the health of a business and making strategic decisions. This guide explains how to prepare an income statement

Article
The 8 Types of Accounting
By Cynthia Uzialko | October 23, 2023

This guide describes eight accounting methods small businesses can use to manage their finances.

Article
The Do’s and Don’ts of Sending Someone to Collections
By Max Freedman | October 23, 2023

This guide explains when you should send an account to collections and how you should handle the process.

Article
What Is the FDCPA?
By Max Freedman | October 23, 2023

This federal law regulates how debt collectors can interact with debtors. Here's what you need to know.

Accountant using a calculator
Article
What Is Bookkeeping?
By Cynthia Uzialko | October 23, 2023

This intro to bookkeeping defines the term and describes how bookkeeping relates to your business’s accounting methods.

Article
How to Collect on a Judgment
By Max Freedman | October 23, 2023

When you're suing a debtor, getting a judgment in your favor is just part of the journey. There are often several steps required to recoup what you are owed.

Man using calculator for business accounting
Article
How to Develop a Credit Policy
By Max Freedman | October 23, 2023

A credit policy provides flexible payment options to customers while ensuring you get paid what you’re owed. Learn how to write one.

Article
Debt Collection Laws and How They Apply to Businesses
By Max Freedman | October 23, 2023

This guide explains debt collection laws and how they apply to businesses.

Article
How to Write a Debt Collection Letter
By Max Freedman | October 23, 2023

This guide offers tips on how to draft a debt collection letter and when you should send one.

Article
How to Manage International Collections
By Max Freedman | October 23, 2023

Collecting a debt from international customers can be tricky. Here are four steps you can take to try and collect on money you are owed.

Article
How to Calculate Annual Revenue
By Sally Herigstad | October 23, 2023

To determine your business' financial health, you need to know how much money you are bringing in. Here is how to calculate your annual revenue.

Article
Quote vs. Invoice: What Is the Difference?
By Julie Thompson | October 23, 2023

Quotes and invoices help businesses get paid correctly and on time. Learn the differences between quotes and invoices and best practices for creating both.

Article
10 Ways to Get the Most Out of Your Crowdfunding Campaign
By Simone Johnson | October 23, 2023

Want to try crowdfunding your business venture? Here are 10 ways to get the most out of your crowdfunding campaign.

Article
Should You Offer a 401(k) Plan, and if so, to Whom?
By Julie Ritzer Ross | October 23, 2023

Providing 401(k) plans has advantages for both business owners and employees. Learn about tax credits, exclusions, matching and more.