Finance

Starting a business can be exciting but also challenging. That’s why it’s important to learn the basics, like handling finances, doing market research, and making good decisions. These skills are the foundation that helps even the toughest businesses succeed. Research from Small Business Economics shows that entrepreneurs who write a business plan are 152% more likely to start their business, proving how important preparation is.… Read More »The 3 Main Purposes of a Business Plan: A Guide for Entrepreneurs

Running a business is no easy job. It often feels like a constant process of trial and error, figuring out what works and what doesn’t. Business owners face all kinds of challenges, like sudden expenses, changing markets, and hiring the right people. According to the U.S. Bureau of Labor Statistics, around 20% of new businesses close within their first year, and nearly half shut down… Read More »Business Overhead Expense Policy: How It Protects Your Business During a Disability

Budgeting is a skill everyone should know. It helps you manage money, plan for what you need, and save for goals like a vacation or a new home. But sticking to a budget can still be tricky for many people. In fact, a study shows that 84% of Americans with a budget admit they sometimes go over it. This goes to show how important, yet… Read More »Budgeting with Variable Income: Strategies for Financial Stability

When it comes to transferring money, two common methods come up: wire transfers and bank transfers. Although these terms are often used interchangeably, they represent different processes, each with its own benefits and drawbacks. Understanding the difference between wire transfer and bank transfer can help you make more informed decisions about which option suits your needs, whether you’re sending money to a friend or making… Read More »Understanding Wire vs. Bank Transfers: The Main Differences

For startups, finding the money to get started and grow is often one of the biggest and most stressful challenges. Without enough funding, it can be hard for a business to expand, create products, or even keep up with basic expenses. Research from CB Insights shows that about 38% of startups fail because they run out of money or don’t have the funding they need.… Read More »Bootstrapping a Startup: Pros & Cons, and When It’s Not the Right Choice

When it comes to processing payments for your small business, Stripe and PayPal are two of the most popular options. Both platforms offer a range of services to make it easy for businesses to accept credit cards and other forms of payment. However, each has its own strengths and weaknesses. In this blog, we’ll take a closer look at Stripe vs PayPal and break down… Read More »Stripe vs. Paypal: Card Payment Solution for Small Businesses