Paper checks aren’t going anywhere despite the rise in digital payment methods. In fact, a recent survey shows that 81% of businesses still pay other firms using paper checks. Despite the many reasons why companies continue to accept and make payments with checks, one of the most significant advantages is that it can help them better manage their cash flows. Below, we’ll explain how.
Continue readingCategory Archives: Small Business
The Enduring Relevance of Checks in Today’s Digital Finance World
Despite the rise of electronic transactions, checks remain significant in personal and business finances in 2024. Some people simply prefer to write checks rather than send electronic payments. Plus, checks can even be a more secure payment method.
With numerous digital payment options, why do people continue using checks? Below, we’ll explore the advantages of check writing in 2024 and the various ways people continue to use checks in the digital age.
Continue reading10 Steps to Maximize a Side Hustle Income
In today’s dynamic and ever-evolving economy, many individuals are exploring the world of side hustles to supplement their primary income. Whether you’re aiming to pay off debts, build an emergency fund, or simply enhance your lifestyle, a well-managed side hustle can be a powerful financial tool. In this blog post, we’ll delve into the art of maximizing side hustle earnings and budgeting wisely to make the most of your additional income streams.
Continue reading4 Budget-Friendly Ways Small Businesses Can Reward Employees
As a small business owner, understanding that your employees are the lifeblood of your business comes as no surprise. But at the same time, many small businesses operate on a tight budget, which could make it difficult to provide competitive salaries and benefits to help retain employees like larger corporations.
Continue reading5 Tax Season Tips for Your Small Business
The tax filing deadline is quickly approaching for the 2022 tax year. This can be a stressful time for many small business owners, especially if you’re not prepared. But, with a little planning and organization, you can make tax season a breeze. Here are five tax season tips to help your small business stay on top of its taxes this year.
Continue readingHow to Reduce Costs for Your Small Business
Every dollar counts when it comes to small businesses. Luckily, there are a lot of quick and easy ways to reduce spending and prevent or overcome hard financial situations.
Keeping Your Personal & Business Finances Separate
The entrepreneurial spirit that has taken hold of today’s workforce has led to many people jumping into self-employment, freelancing, and gig work. Unfortunately, being an expert in the products or services you provide does not make you an expert in managing business and personal finances. Many sole proprietorships and individual freelancers are lost when it comes to the related financial matters.
How Telecommuting Can Save Your Business Money
In the interest of employee health and safety during the COVID-19 pandemic, many businesses have taken their operations remote. According to Forbes, more than half of employed Americans have transitioned to working from home since March 19.
Can “going green” build business profits?
There are many financial benefits for those looking to take their business down an environmentally conscious path. Climate change and similar ecological threats have shifted the way people view corporations.
Continue readingPreparing Your Business for the Holidays
Owning and running a business can be stressful enough as it is. Unfortunately, the holidays can take that stress to the next level. A little careful planning, however, can keep things running smoothly over the holidays and help ensure that your company takes advantage of the busy season.