Discover cash accounting, an uncomplicated method where transactions are recorded when cash changes hands. Perfect for small businesses seeking an easy, straightforward approach to tracking finances.
Learn how imprest accounts help businesses manage small, routine expenses efficiently, along with their benefits and future in an increasingly electronic world.
Learn about personal guarantees, their types, and how they can help new and small businesses secure financing while protecting lenders, even when business credit profiles are inadequate or non-existent.
Term loans offer an essential financial tool for small businesses seeking lump-sum financing for growth and asset acquisition. Discover their variety, functionalities, and benefits.
Explore the ins and outs of vendor notes, a short-term loan offered by vendors to customers, backed by purchased goods. Understand how it works, the benefits, drawbacks, and examples of how businesses use vendor notes for financial growth.
Learn everything about transactions, how they work in accounting, the difference between accrual and cash accounting, and more. Ideal for small business owners and accounting professionals.
Discover how Multiple Employer Welfare Arrangements (MEWAs) enable small businesses to provide comprehensive health and welfare benefits to their employees by pooling resources, sharing risks, and leveraging collective power.
Discover diverse types of small-business grants aimed at fostering growth and efficiency. Learn how these financial aids from government bodies, corporations, and non-profit organizations can help your business thrive.
Discover the keys to maximizing your business's cash flow using accounts receivable financing. Learn about different structures, advantages, and essential factors in securing financing fastly.
Discover how inventory financing can help businesses manage cash flow, increase inventory, and boost sales. Explore the benefits, risks, and types of inventory financing available for your business.
Discover the benefits and history of the 412(i) plan, a unique pension strategy designed for small business owners. Learn how it evolved into the 412(e)(3) plan and why it remains crucial today.
Learn all about drawing accounts, their significance in small businesses, how they differ from owner's equity, and how withdrawals affect business finances.