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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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How to Prepare an Income Statement
By Dock David Treece | October 20, 2021

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

What Is Cost Accounting?
By David Gargaro | October 20, 2021

Cost accounting scrutinizes your business's expenses. Companies, such as manufacturers, use cost accounting. Learn more about this type of accounting.

Business Liabilities Every Owner Should Know
By Jamie Johnson | October 20, 2021

This guide identifies common business liabilities that every small business owner should keep track of and understand.

What Is Retro Pay?
By Max Freedman | October 19, 2021

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

How to Set Up Direct Deposit
By Max Freedman | October 19, 2021

Direct deposit is the electronic transfer of wages from your bank to your employees' accounts. Here's how to set up direct deposit for your business.

Canada Kills the Penny
By Ned Smith | October 18, 2021
How to Develop a Credit Policy
By Max Freedman | October 14, 2021

A credit policy provides flexible payment options to customers, while also helping to ensure you get paid what you're owed. Learn how to write one.

How to Interpret and Learn from POS Sales Reports
By Adam Uzialko | October 11, 2021

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

Cashless Society Pros and Cons: Are Digital Payments Really Killing Cash?
By Mona Bushnell | October 11, 2021

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?

What Are Interchange Fees?
By Dock David Treece | October 08, 2021

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

How to Accept ACH Payments
By Dock David Treece | September 22, 2021

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

5 Tricks to Lower Your Credit Card Processing Fees
By Julianna Lopez | September 21, 2021

Here are five things you can do to get lower credit card processing fees.

How to Accept Mobile Credit Card Payments From Anywhere
By Bennett Conlin | September 21, 2021

Accepting mobile credit card payments isn't that hard, but it does require an understanding of the purchasing process.

The Benefits of EFT and ERA in Medical Billing
By Max Freedman | September 13, 2021

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

What Is Value-Based Healthcare?
By Max Freedman | September 13, 2021

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

What Is Payroll Accounting?
By Dock David Treece | August 06, 2021

Payroll accounting is the process by which businesses track expenses related to payroll. Learn more about it and how accounting software can help.

11 Credit and Debt Collection Strategies to Implement
By Max Freedman | April 05, 2021

Don't let unpaid invoices ruin your profitability. These strategies can improve your business's debt collection endeavors.

The Do’s and Don’ts of Sending Someone to Collections
By Max Freedman | March 31, 2021

Unsure whether you should send a client to collections? Learn when you should hire a debt collection service and what the process entails.

How to Collect on a Judgment
By Max Freedman | March 24, 2021

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.

What Is Skip Tracing in Debt Collection?
By Max Freedman | March 24, 2021

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

Should You Hire a Debt Collection Attorney for Your Business?
By Max Freedman | March 22, 2021

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

How to Write a Debt Collection Letter
By Max Freedman | March 18, 2021

Learn how to properly draft a debt collection letter and pursue debts from nonpaying customers.

How to Calculate Annual Revenue
By Max Freedman | March 17, 2021

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

How to Save for Retirement if You Have Your Own Business
By Joanna Furlong | February 02, 2021

It is especially important that entrepreneurs save for their retirement because there are no company-sponsored 401(k)s to take advantage of.

Apple’s Credit Card: What Small Businesses Need to Know
By Stella Morrison | January 13, 2021

The Apple Card isn't a business credit card, but small business owners can use it to take advantage of its features and rewards.

Do You Need a Small Business Credit Card?
By Bennett Conlin | January 12, 2021

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

Overtime Pay and What It Means for Your Workers
By Andrew Martins | October 13, 2020

If your employees are regularly working past their 40 hours a week, you are liable to pay them overtime. Find out what that means for your business.

FIFO vs. LIFO: What Is the Difference?
By Adam Uzialko | August 28, 2020

Discover the difference between FIFO and LIFO, and determine which method is best for your inventory.

What Are Intangible Assets?
By Simone Johnson | August 05, 2020

Intangible assets can bring a lot of value to your business. Here's how to identify and manage them.

What Is ROI?
By Simone Johnson | July 10, 2020

Understanding your ROI is key to making good financial decisions. Read on to learn what ROI is and how to calculate it.