September 14, 2022
Charles Lutwidge
What Is an ACH Transfer and How to Accept ACH Payments
Getting paid as a small business owner can be tricky, especially if you’re primarily online. It can also get expensive. Automated clearing house (ACH) payments are a way to get paid seamlessly, quickly, and relatively cheaply. This article will show...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
September 08, 2022
Charles Lutwidge
What is an EIN number?
So you want to start a business. If you have studied the process of creating a сompany in the United States, you may have come across the acronym EIN in marketing research. Like most aspiring entrepreneurs, you might wonder what...
September 02, 2022
Charles Lutwidge
What is Burn Rate and How to Calculate It
Business owners may use different tools and calculations to track the financial health of their companies. One such tool is the burn rate. This indicator shows business owners how much cash the company is spending and how quickly it’s spending...
August 31, 2022
Charles Lutwidge
10 Best Recession-Proof Business Ideas
Today, some people prefer starting their businesses. The trend started gaining popularity during the COVID-19 pandemic when many people lost their jobs or companies had to ask employees to take unpaid leaves due to quarantine restrictions. Even after returning to...
August 25, 2022
Charles Lutwidge
Employment Contracts for Small Businesses: Features and Requirements
Typically, companies require new employees to sign contracts outlining the employment terms and responsibilities. However, small or mid-sized companies don’t have to issue physical contracts, they can verbally agree on employment terms and conditions. Moreover, there are different types of...
August 23, 2022
Charles Lutwidge
What is Business Process Automation
Employees in any business industry often have to deal with repetitive tasks daily. Thus, employees have less time on more important tasks. This problem leads business owners to lose profit. However, companies and organizations can opt for business process automation...
August 17, 2022
Charles Lutwidge
What is Decision Making Framework
Our lives are full of choices. Sometimes, it’s easy to make a decision. In other cases, taking time is critical since the decision is crucial to success. In business and management, it’s vital to make decisions fast, but chosen solutions...
August 11, 2022
Charles Lutwidge
What Is Invoice Factoring?
Clients postponing payments according to invoices can cause a lot of trouble to your business and plans. Typically, slow-paying clients disrupt payrolls, bills, investments in machinery and technology, hiring new employees, or even taking new projects. Luckily, the modern world...
