Small businesses are easy prey for hackers bent on raiding bank accounts because many lack firewalls and monitoring systems, but these businesses can protect themselves.
Running a small business is tough at times. There are a hundred things to think about and updating the books is probably not top of your to-do list. Yet, it should be, as up-to-date accounts provide a small business owner with an accurate snapshot of the business’s current financial position. And as any SME knows, […]
UCCU can help you better manage your company business with merchant services, payroll, employee benefits and even website creation.
Many business analysts are saying that the pandemic has changed the traditional workplace forever. This has owners rethinking their staffing needs. One option that’s gaining more traction is outsourcing business accounting. The benefits: less overhead,...
When it comes to your small business accounting, knowing how to record depreciation in your books is crucial when it comes to paying your taxes.
Reports show that 60% of small business owners feel like they don't know much about keeping the finances of their business straight.
You’ve done the hard work. You have a new business idea or you’ve found an existing business to purchase. Want to help ensure your business success? Pay attention to correctly setting up your business’ accounting...
Is your business making the most of social media
By this point, it’s pretty likely that your business is using social media in some capacity. If you’re like most business owners and marketers, you may already have LinkedIn, Facebook, Twitter and Google+ pages, however… to really make the most of these resources, you need to use them properly. Social media marketing can only benefit your business…
One cause near and dear to the hearts of many credit unions is to comprehensively support their local communities. One way credit unions can do this is to partner with small businesses and employees of small businesses to offer account origination and lending options. By adding individual members and business accounts from small businesses, credit …
Did you know that family businesses account for 64% of the U.S. gross domestic product, generate 62% of the country’s employment, and create 78% of all new jobs? Yes, family businesses are booming, but they’re not without their pitfalls. Whether you’re managing or working in the family business...
Don’t let living your dream of owning your own business end because of cybercrime. Stay on top of the latest defenses when it comes to cybercrime by implementing even one of these tips for your business
Never Assume You Are 100% Secure
Unfortunately, you can never be fully protected against a cyber threat. The minute you sit back and think that you are invulnerable is the best time for a cybercriminal to strike. There will always be a new potential threat. There may…
Congratulations! Your small business has moved beyond the initial startup phase and is now a profitable venture. Although you may have worked for free in the early days, it’s time to pay yourself for your efforts
You generally have two options for taking home a paycheck: a salary and/or a draw based on the structure of your business.
Your Payday
If you are an officer in a corporation, the law says you must be on the payroll and receive regular checks that include…
Tax expert Mark Kohler offers tips on keeping track of your company's finances.
Entrepreneurs and small-business owners are often confronted with unique financial challenges, including business accounts, loan worthiness, credit, capital and cash flow issues. “It’s essential for anyone who is starting or running a business to consider the options and do some research before choosing a financial institution,” said Nicole Cypers, Vice President of Public Relations at …
Is your business on Pinterest? Or are you still unsure how to use Pinterest to effectively promote your products or company? In November, Pinterest launched business pages with their new terms of service. This update lets you use Pinterest commercially. You can promote your products, generate sales and leads and use it for other commercial purposes without any worries. But first, you may want to convert…
Your nonprofit can promote your online shop directly on Instagram and Facebook by creating a storefront, if your business account is eligible.
By Leon Moukendi, Junior in Business (Accounting and Management) at Wiley College. Leon was one of the leaders on Wiley campus during America Saves Week 2014 and encouraged many of his classmates to save money and take the America Saves Pledge. Read the full report of what Wiley did for America Saves Week here
The key to financial success is being aware of how you’re spending your money. It is important to mention that it is not always easy for a student to…
Now that you have your PSAT/NMSQT scores, you can link your College Board and Khan Academy accounts to access free, personalized practice on Khan Academy. By...
Protecting your personal information can help reduce your risk of identity theft. There are four main ways to do it: know who you share information with; store and dispose of your personal information securely, especially your Social Security number; ask questions before deciding to share your personal information; and maintain appropriate security on your computers and other electronic devices
Lock your financial documents and records in…