Erica Seppala

The economic impact of the COVID-19 pandemic has been harsh, particularly on small businesses. Fortunately, there have been a number of loan and grant programs open to small business owners to offer financial help during these tough times, one being EIDL.

Xero and QuickBooks Online are both cloud-based software with accounting features you’d expect like invoicing and inventory management. However, Xero stands out for its strong security and supported users, while QBO is easier to use and has better mobile apps.

One form of relief offered to small businesses is the Employee Retention Tax Credit. First introduced in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this tax credit could be claimed by eligible employers on quarterly tax returns. This program was expanded by the Consolidated Appropriations Act signed into law in December 2020, making the credit accessible to more employers.

Tired of nightly 86’ed items? Losing fresh veggies to spoilage? Learn how to manage your restaurant inventory effectively and efficiently. Whether you are new to running a restaurant or have reached a point where any inventory processes you have are not working, this article is a great starting point to help you develop or improve your restaurant inventory management.  

Payroll software isn’t a cookie-cutter solution. By examining Square Payroll vs. Gusto, we’ll weigh the pros and cons, including a plan-by-plan breakdown for each. While both software apps boast easy-to-use interfaces and competitive pricing, there are some key differences to consider when choosing between Square Payroll and Gusto. Read on!

Xero’s advanced features, numerous integrations, and support for unlimited users make it a top choice for mid-to-large-sized businesses that are willing to put in the time and effort to learn the software. FreshBooks is a better fit for smaller businesses that want easy-to-use software equipped with basic features such as invoicing.

Wondering how to know when to hire your first employee? Hiring your first employee is an essential step to take to continue to grow your business, and there are a couple of things to keep in mind to help you successfully — and legally — hire and pay them. Let’s take a look at everything required for you to feel confident in hiring and paying your business’s first employee.

Intuit QuickBooks’ Workforce service makes it much easier for employers to share paycheck information with their employees online. By activating QuickBooks Workforce, you can give your employees control over when and how they want to review their W-2 forms and pay stubs. Read on for a full look at QuickBooks Workforce to see if it’s right for your business.

Lenders want borrowers to pay as much interest as possible, which is why some loans discourage and penalize early payment through the use of prepayment penalties. However, using the strategies outlined in this article, you may be able to make prepayments on your business loan while avoiding or minimizing any penalties, even if your loan does include a prepayment penalty.

Time is precious when you’re running a small business. Streamlining employee payroll can recoup hours previously spent every pay period crunching numbers and writing checks. Square is a reputable payroll option that will likely come up in your search, and you may already be familiar with their point of sale (POS) system and other applications. Read on for a detailed look at Square Payroll pricing and plans.