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Finances

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
The Benefits of EFT and ERA in Medical Billing
By Max Freedman | June 29, 2022

EFT and ERA have numerous advantages in medical billing, mostly related to your cash flow, time and medical record accuracy.

Article
Should Your Small Business Hire a Collection Agency?
By Dawn Kuczwara | June 29, 2022

If you're a small or medium business, you likely don't have the staff to dedicate to chasing overdue invoices.

Article
7 Smart Budgeting Tips for Small Business Owners
By Sammi Caramela | June 29, 2022

Trying to figure out your small business budget? Here's some expert advice on managing your finances.

Article
What Is the FDCPA?
By Max Freedman | June 29, 2022

Business debtors and creditors should know about the Fair Debt Collection Practices Act (FDCPA). Learn about debtors' rights and creditors' limits.

Article
Should You Hire a Debt Collection Attorney for Your Business?
By Max Freedman | June 29, 2022

Sometimes you need a debt collection attorney to help you recover outstanding debt from clients. Here is when to hire one.

Article
How Can a Line of Credit Help Your Business?
By Jamie Johnson | June 29, 2022

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

Article
What Is Skip Tracing in Debt Collection?
By Max Freedman | June 29, 2022

Skip tracing is an important step in the debt collection process. Here is what it is and when it is used.

Businessperson signing a paycheck
Article
How to Calculate Gross Wages
By Max Freedman | June 29, 2022

Gross wages are the amount of pay an employee earns before any deductions. Learn how gross wages differ from net wages, and how to calculate them.

Article
The 8 Types of Accounting
By Cynthia Uzialko | June 29, 2022

There are several accounting methods you can use to monitor your business's financial health. Learn more about each type and the benefits they offer.

Article
Do You Need a Small Business Credit Card?
By Bennett Conlin | June 29, 2022

When used responsibly, a small business credit card can help your business gain financial flexibility.

Article
How to Collect on a Judgment
By Max Freedman | June 29, 2022

Even if a judge rules in your favor, you still need to collect money owed to you by a debtor. Learn how to get the money you are owed.

Article
Credit Card Processing Costs and Fees Explained
By Julie Thompson | June 29, 2022

Learn which fees come with accepting credit cards as a form of payment, as well as how your business can reduce those processing costs.

Article
The Pros and Cons of a Term Loan
By Jamie Johnson | June 29, 2022

Terms loans can help your business finance a wide range of projects. See if this is the right financing option for you.

Article
How to Interpret and Learn from POS Sales Reports
By Adam Uzialko | June 29, 2022

Learn how to interpret the sales data from your POS system so you can make better business decisions.

Businessperson signing a paycheck
Article
What Is a Merit Pay Increase?
By Nicole Fallon | June 29, 2022

Learn what merit pay is, how to award merit pay increases, and best practices for implementing a merit pay policy.

Article
Best Billing Practices for Small B2B Companies
By Jennifer Post | June 29, 2022

This guide includes billing tips for small B2B companies looking to maintain a healthy cash flow.

Doctor signing a form
Article
What Are Medical Claims?
By Max Freedman | June 29, 2022

Medical claims are documents that your practice must submit to payers for reimbursement. Learn how to create them here.

Article
Affiliate Links: What Small Businesses Should Know
By Jennifer Post | June 29, 2022

When readers click on your affiliate links to products for sale, you and the seller both make money.

Article
Seasonal Business Guide to Credit Card Processing
By Kayla Harrison | June 29, 2022

Finding the right merchant account provider for your seasonal business can help you lower maintenance costs and avoid extra fees.

Article
Small Business Valuation: How to Determine Your Business’s Worth
By Bennett Conlin | June 29, 2022

Accurately gauging your business's value isn't an exact science. Learn valuation methods, how to calculate your business's value and why it's important.

Article
How to Manage International Collections
By Max Freedman | June 29, 2022

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.

financial data on a laptop
Article
Payroll Checklist: 10 Steps to Process Payroll
By Max Freedman | June 29, 2022

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
How to Fill Out and File an HCFA Form
By Max Freedman | June 29, 2022

The HCFA form is what non-institutional practitioners use to bill insurance companies for services provided. Here's how to complete and file it.

Article
What Are Payroll Taxes?
By Sean Peek | June 29, 2022

Employers must withhold federal income tax plus any state or local taxes. Here's what every small business owner should know.

Article
Get Your Business Taxes in Order Before the New Year With These Tips
By Andrew Martins | June 29, 2022

Follow these tips to prepare your small business taxes before the New Year.

Article
Filing for Bankruptcy: Information, Benefits and Disadvantages
By Chad Brooks | June 29, 2022

Bankruptcy helps people and businesses get a fresh start financially. Learn what filing for bankruptcy entails, as well as its benefits and disadvantages.

Article
Cashless Society Pros and Cons: Are Digital Payments Really Killing Cash?
By Mona Bushnell | June 29, 2022

Some companies have made the decision to go cashless. Is this the beginning of a cashless society, or will the dollar always be the staple it is today?

Article
What Are Accounting Reports?
By Dock David Treece | June 29, 2022

Accounting reports show how your business is performing financially. Here are the reports that matter most.

Article
What’s the Difference Between Accountants and Bookkeepers?
By Donna Fuscaldo | June 29, 2022

Business owners may consider hiring an accountant or bookkeeper. Learn the difference and how to choose the right financial help for your company.

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Article
Entering Bills Into QuickBooks: A Complete Guide
By Vishal Sanjay | June 29, 2022

QuickBooks can help businesses with accurate financial reporting and decision-making. Learn how to enter bills into QuickBooks.