Blog Posts | Page 79

Are you ready for small business tax season? Here are our expert tips and a free tax prep checklist to help you get your taxes in order.

Checking your business credit reports and correcting errors could give your business credit score a boost quickly. Beyond that, consistently paying bills on time and paying off debt will also help contribute to a higher business credit score.

Wondering if it’s time to switch over from cash-only to credit card payments for Girl Scout cookie sales? Check out our handy guide to accepting credit card payments and the best options for Girl Scouts

Liquor stores are unique businesses with constantly fluctuating inventory and price changes, meaning that choosing an effective point of sale system is extremely important. Businesses that sell liquor, such as grocery and convenience stores, have the same needs. You’ll need to make sure the system is strong in certain very important areas.

Small business owners searching for a merchant cash advance (MCA) or short-term business loan (STL) are often surprised to learn that their capital has come with a very high effective annual percentage rate (APR) that’s sometimes in the triple digits.

Short-term business loans are a relatively recent addition to a merchant’s arsenal of business loan options. Introduced in the last decade or so, short-term loans are similar to traditional installment loans, but fees are calculated a little differently.

The Small Business Administration (SBA) provides a number of loan programs designed to help small businesses grow. SBA loans are known for having some of the lowest interest rates available. We’ll explain the rates for three of the SBA’s most popular loan programs: 7(a) Loans (business loans for most general business purposes), CDC/504 Loans (business loans to finance real estate and other fixed assets), and Disaster Loans (loans to rebuild following a disaster).

For many business owners, installment loans are one of the most common financing options. Installment loans (also referred to as term loans) can be useful for many business financing needs — from working capital to business expansion and refinancing. If you’re new to business funding, this guide will help you understand what installment loans are, […]

A merchant cash advance is a sales agreement where the merchant (the “seller”) is selling their future revenue at a discount to the merchant cash advance company (the “buyer”). Because merchant cash advances are sales agreements, they generally aren’t covered by usury laws that govern loans. This is where they get their dubious reputation. The effective APRs of merchant cash advances can easily crawl into the triple digits.

Popular crowdfunding platform Patreon has become less popular recently thanks to policy changes. Monetizing your work online has long been a challenge, but there are good options out there. Let’s look at the several other great platforms for raising money from the public to support what you do.