Browsing Tag
payroll
12 posts
New Paycheck Protection Program (PPP) Loans: How to Qualify and Apply
Updated January 11, 2021: The SBA has released guidance for new Paycheck Protection Program (PPP) loans available under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the Economic Aid Act). This article includes the latest guidance and the new application forms. What are Paycheck Protection Program Loans? The Paycheck Protection Program (PPP)...
In a Financial Rut? Here’s How 3 Creative Business Owners Mastered Money
Do you dislike dealing with the financial side of running your business? You’re not alone. Many entrepreneurs go into business to do something they are good at, or to fill a creative void. Spending time with accounting software and spreadsheets, however, isn’t often on their list of ways they want to spend their time. The...
Additional PPP Guidance for Seasonal Businesses
It took a while to get here, but the SBA has provided some additional PPP guidance for seasonal businesses to calculate the maximum loan amount for seasonal employers. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here How does the new guidance affect the calculation of the maximum loan amount? The...
How Seasonal Financing Can Benefit Your Business
It’s that time of year again: many entrepreneurs and small business owners are taking advantage of eager consumers’ year-end purchases and boosting sales opportunities. When it comes time to boost your own holiday sales, you may need extra help in the seasonal financing department. Luckily, lenders are willing and waiting to provide the funding you...
When Should Startups Outsource Their Accounting?
Entrepreneurs often juggle many responsibilities, including keeping track of their finances. Startup or not, nearly half of small businesses don't employ an accountant or a bookkeeper. At some point, however, it may be more productive for an entrepreneur to outsource their accounting and free up their time to focus on running their business. At what...
Why Entrepreneurs Need to Fall in Love With Numbers
For most entrepreneurs, building a company starts with a novel idea. Maybe it’s a disruptive technology, or perhaps bringing better service to an industry that needs it. Whatever it may be, few things are as thrilling as taking an inspired and well-crafted idea, and making a business out of it. While an entrepreneur might have an...
Invest Time and Money in These 5 Tools to Accelerate Your Startup’s Growth
Starting a business can be a slow process. You shouldn’t expect to turn a large profit right off the bat. It might be difficult even getting customers in the door when your business is new and unfamiliar. Most likely, you won’t have instant success when you open your business; however, startup tools can accelerate your...
Why Payroll Matters to Your Startup
According to a recent survey of 869 entrepreneurs, 74 percent were concerned about hiring good people. And, once you find the talent you’ve been looking for, you’ll want to do everything in your power to keep them — including paying them accurately and on time. Trust is a valuable currency One unspoken, yet pivotal, aspect...
What Roles Should Your Startup Outsource?
Times change, including how entrepreneurs run a business. Between the internet and technology, it is possible to avoid leasing an office space for you and your employees. Instead, many are using online resources to hire a remote staff and save the cost of renting an office space. Many startups outsource tasks to companies and freelancers...
3 Small Business Payroll Myths Debunked
When you’re first starting out in business, it seems like everyone and their grandmother has advice to give. Some of it’s good (yes, you can have weekends off), while some of it’s not so good (do not buy a vacation on your first corporate credit card). It can be easy to mistake bad advice for good and...
A Post-Tax Season To-Do List for Small Business Owners
We’re all familiar with the tax season hustle – getting all of your paperwork in order, scheduling appointments with your tax guy or gal, and praying you don't owe an arm and a leg to the IRS. This is a pressing time for small business owners, especially those that tend to be less organized all...
6 Solutions to Help Small Businesses Manage Budgets and Savings
According to the Small Business Administration, statistics reveal half of all employer institutions survive at least five years and only a third survive beyond ten years or more. This is a far cry from the preceding notion 50 percent of businesses fail in their first year, but it is obvious that starting a business comes with a...