Accounting, Finance & Funding Archives

The Difference Between APR and APY and Why It Matters

When it comes to your business finances, it is important to understand the differences between an annual percentage rate (APR) and annual percentage yield (APY). Many people use APR and APY interchangeably because they are...

byMatthew Gillman

September 15, 2022

5 Founders Share the One Piece of Advice They Wish They Knew Before Launching a Business

Becoming an entrepreneur comes with its fair share of unknowns. Taking the leap alone is a daunting feat. Along the way, there will be plenty of lessons learned and aha moments; some of which you...

byStartupNation

August 29, 2022

10 Questions to Ask a Financial Institution Before Opening an Account

So, you want to open a personal or business bank account, but you’re not sure where to start? This guide is here to help. Here’s how to find a financial institution you can trust, important...

bySharita Humphrey

August 9, 2022

What Is Profit, Anyway? Why Entrepreneurs Need To Get Clear To Be Successful

This is an adapted excerpt from "True Profit!: No Company Ever Went Broke Turning a Profit" by Hermann Simon. Copyright 2021 by Springer. “I’m for profit maximization!” If you want to infuriate large portions of...

byHermann Simon

August 2, 2022

5 Ways to Steady Your Company’s Finances Ahead of a Recession

As a company owner, you have likely been dealing with all the effects of inflation lately — the prices of raw materials have skyrocketed, shipping costs are way higher than usual, business commutes now weigh...

byNathan Liao

July 28, 2022

Crypto Loans 101: The Pros and Cons for Entrepreneurs

You can’t open a news or finance journal nowadays without finding an above-the-fold piece on cryptocurrency. Once the darling of only the most adventurous and tech-savvy investors, cryptocurrency has gone mainstream. A recent poll by...

bySusan Doktor

July 21, 2022

Questions To Ask Before Hiring a Financial Planner or Coach

You can make all the right money moves to set your business up for success, but sometimes, it may seem hard to do that without the right team behind you. Whether you’re planning a major...

bySharita Humphrey

July 7, 2022

5 Signs You’re Not Managing Your Business Cash Flow

Running a successful startup means being able to manage your finances well. In fact, 82% of small businesses shut down due to cash flow problems, according to the U.S. Bank. These problems may either be...

byMatthew Gillman

June 28, 2022

Contemporary Cash Flow Management Tips for Startups

Running a startup can be difficult, especially regarding cash flow management. You need to ensure that you have enough business capital to cover your expenses, but you don't want to tie up all your money...

byCristi Waterson

June 17, 2022

8 Great Ways Tax Filing Benefits Your Business

Yes, you read the title right. Filing your tax return could potentially contribute something better to your business – and it’s the financial kind of betterment. Lest we think that only a certain group of...

bySharita Humphrey

June 9, 2022

Managing Personal Finances When Starting a Business

As an entrepreneur, you know saving money is crucial. It can be tempting to throw all of your money into your newest venture, but doing so can risk heavy losses if it doesn’t take off....

byDevin Partida

May 27, 2022

5 Signs It’s Time to Find a New Accountant

As a business owner, you likely want to do whatever you can to keep your company’s finances in check. This is why it’s imperative to work with an accountant that you can trust and count...

byNathan Liao

May 24, 2022

Estimating Startup Costs for a New Business

Confounded over how much money you'll require for your startup business? Well, don't fret. There's an easy approach to breaking this mystery down and creating a clear picture of the funds that your startup business...

byStartupNation

May 24, 2022

Top Fintech Startups in the Midwest 2022

The Midwest is rapidly becoming home to some of the best fintech startups in the country. Chicago, for instance, is becoming a top tech hub for fintech startups, seeing massive growth and funding for its...

byLauren Zyber

May 17, 2022

Business Entity Types Affect Financing Options

One of the most important decisions you’ll have to make for your new business is to determine a business entity type. While the topic may seem daunting for new entrepreneurs, establishing a business entity early...

byMatthew Gillman

May 13, 2022

The Best Business Loans to Help with Payroll

When faced with the unexpected, coming up with the capital needed to pay employees on time can be challenging. While it’s important to budget and allocate cash accordingly, financial challenges and unplanned costs are common...

byRapid Finance

May 12, 2022

Surprising Money Lessons Entrepreneurs Learned the Hard Way

"What business or money lessons have you learned the hard way?” A question like this calls the attention of entrepreneurs who have gone through difficult times with their valuable business lessons. This question not only...

bySharita Humphrey

May 9, 2022

What Entrepreneurs Need to Know About the Home Office Deduction

You may see your home office as the place you take important business calls, the place you meet new clients, the place you focus best on crafting your products -- but what about the place...

byChelsea Krause

May 6, 2022

$fractional CFO$

The Importance of a Fractional CFO for Startups and SMBs

Businesses of all sizes continue to live through one of the most turbulent times in recent memory. Those who can quickly make good decisions based on accurate information and sound projections are more likely to...

bySeth Morgan

April 21, 2022

6 Tips for Entrepreneurs to Successfully Pitch to Women Angel Investors

The stats for women in investing are somewhat bleak. Only 11% of VC partners are women, and as a whole, women angel investors have only reached 22%. On the entrepreneur side, things look better, with...

byYvonne Campos

April 20, 2022