7 Best POS Systems: Which Point-of-Sale Software Works for You?
Basic payment apps are economical solutions for payment processing when your business is in the early stages. But what do you do when you’re ready to grow? You need a point-of-sale system with features that go beyond the basics. A robust POS puts everything you need for payment processing and business management right at yourRead More
5 Exciting Restaurant Industry Trends in 2019 | Design & Marketing Tips
2/3 of consumers say they can’t replicate the flavors of their favorite restaurant foods at home. That means they’re going out at least once a week to seek out unique dining experiences. But with over 1 million restaurants in the U.S. clamoring for attention, it takes a little creativity in marketing and design to makeRead More
Visa Plaid Acquisition Explained: What’s Next for Fintech?
Do young fintech startups stand a fighting chance against the time-tested traditional institutions? The recent Visa-Plaid acquisition means they might not have to. Visa recently bought Plaid, a thriving fintech startup, for $5.3 billion. This sizable purchase price is over twice Plaid’s recent valuation of $2.65 billion. While not a direct competitor, Plaid is deeplyRead More
CES 2020: Will Wellness Pods Open New Doors for Businesses?
We don’t have flying cars quite yet, but we’re close. This past week, technology companies worldwide introduced some of their latest and greatest technology at CES 2020, an annual tech conference held in Las Vegas. Sony revealed the Vision-S electronic “concept” car. In addition to offering a world-class entertainment system fitted with surround-sound speakers, itRead More
6 Tips to Make Sure Your Deal Closes in Final Underwriting
Operating a business isn’t easy– it takes a vision of success, the right team, and a continued thirst for growth. And at some point, all businesses require funding to shape these dreams into a reality. Pre-approval for financing is a great indicator that you’ll be able to get the funding you need. Even if you’reRead More
Qualified Business Income (QBI) Deductions: Your Complete Guide [2020]
Starting in the 2018 tax year, the Tax Cuts and Jobs Act of 2017 allowed many small business owners to begin taking a new deduction: the qualified business income deduction. If your business is eligible, you could benefit from significant savings on your taxes. These benefits could last from now through the 2025 tax yearRead More
Construction Accounts Receivable Financing: Turn Receivables into Cash
According to the 2019 Construction Payments Report from Rabbet, slow and floating payments cost the construction industry $64 billion in 2019. Why? While waiting on payments, contractors have to slow progress, or stop working on projects altogether. A lack of cash makes it difficult to pick up new jobs. Unfortunately, subcontractors don’t get paid onRead More
Small Business Loans: Should You Request Daily Payments?
The payment structure for a small business loan affects cash flow, which impacts your ability to handle routine expenses and cover operating costs. Daily and weekly payments have become the new norm for paying back an online lender. Through other arrangements, you might find withdrawals for thousands of dollars hitting your back account. Loans with dailyRead More
Gig Economy Law California: Does AB5 Affect Trucking?
California’s Gig Law, AB 5, was passed in September to protect freelancers and “gig economy” workers. But has it cut them off from earning revenue—however unsteady—instead? The new gig economy law in California, formally called Assembly Bill 5, changes the standards for who’s considered an independent contractor. In doing so, it requires companies to provideRead More
Does Credit Repair Really Work? Beware of These 5 Promises
Did you know simple errors on your credit report could cost you the benefits of a high credit score? According to federal laws regulating credit reporting and debt collection, you have the right to a credit report free from inaccurate information, outdated records and repeat records of the same debt. Businesses of all sizes useRead More