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Financial Statements for Small Businesses

Your financial statements offer many benefits to your business. Practically speaking, they help you file your tax returns, find additional funding, or draw in buyers and investors. But they also help you run your business by translating your decisions into dollars and cents.

What Are Some Commonly Overlooked Tax Deductions?

You know that there are a lot of deductions you could claim for your business, but are you doing what you can to claim all of the deductions you are eligible for? Many tax deductions are commonly overlooked by small business owners, but they can save you a lot of money.

The Basics of PCI Compliance

Depending on how many credit card transactions your business processes every year, you are subject to different levels of certification from the Payment Card Industry, or PCI. Compliance is achieved and maintained through important security measures.

Lowering Online Fraud to Lower Transaction Fees

Fraud risks are a significant driver of transaction fees, especially for merchants who process payments online. Merchant processors will assess your fraud risk exposure on a number of factors, and there are security measures you can put in place to reduce your transaction fees.

What Do Lenders Look At When Evaluating My Loan Application?

When you’re applying for a loan, it helps to think like a lender. That will make the application process simpler, give you a realistic view of your own chances of getting the funding you want, and help you identify steps that will make your business more lender-friendly.

Warning Signs of a Bad Lender

How do you know if the potential lender you’ve found is a credible opportunity? Finding the right lender is a great boon to a business, but a bad lender is the fast path to a very painful learning experience. There are some simple warning signs to look for to identify a bad lender.

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