Blog Posts | Page 15

Yes, you need a business checking account. A business bank account is an essential tool just like the internet or your computer, you could run your business without one, but why should you? This protects you legally and helps with taxes. 

To qualify for ERC in 2020, businesses must have paid qualified wages to employees from March 13, 2020, through December 31, 2020. To qualify for ERC in 2021, businesses must have paid qualified wages to employees during the period of January 1, 2021, through September 30, 2021.

You may qualify for an ERC loan if you have a valid and verifiable ERC claim filed with the IRS. In most cases, lenders will not look at factors like personal credit score or business revenue, but this varies based on the company you opt to work with.

You can use a lot of different software programs to start a cleaning business. We recommend at least having a payment processor, accounting software, some kind of appointment software, and looking for one service that can provide all three. 

Typically, candles do tend to be impulse purchases. But if you know where to find your ideal customers, rotate stock to keep your business interesting, and strategize product launches around seasons when scents are popular, you may find customers coming back again and again to enjoy the results of your ingenuity.

Expensify offers a corporate card that gives you cash back that scales with your level of business spending (up to 4%). Expensify also offers $75K+ in partner business discounts and perks, numerous business software integrations, card controls, spend tracking, bill payment, and a mobile app from which you can manage all of the above.

Owning a laundromat is simpler than many other types of businesses; your greatest responsibilities will be keeping track of your financials, managing customers, and maintaining your equipment. But don’t let the ease of running a laundromat tempt you into becoming an absentee manager, in which case, your business will suffer as a result.

Trying to lower your credit card processing costs is more important than ever, as inflation drives up the costs of goods and services, and credit card interchange fees continue to rise. We discuss the industry averages for credit card processing costs, which can show you how your costs compare to other businesses.

If you have questions about the employee retention credit, you’re not alone. That’s why we’ve created this employee retention credit FAQ guide to answer all of your questions.

Good business ideas for kids have work that’s easily accessible and usually involves minimal startup costs. Think of ideas like lemonade stands, tutoring, hobby coaching, babysitting, and dog walking.