Welcome to the Fit Small Business QuickBooks Online training course. In this lesson, we’re going to cover how to enter bank transactions in QuickBooks Online manually. This tutorial is for small business owners whose financial institutions don’t integrate with QuickBooks Online. You can follow along on your own QuickBooks Online account. If you don’t have…
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How to Record Bank Deposits in QuickBooks Online
Welcome to the Fit Small Business QuickBooks Online training course. In this lesson, we’re going to cover recording deposits in QuickBooks Online. We will show you step-by-step how to record a deposit in QuickBooks Online and the impact recording deposits has on the financial statements. To follow along with me, log in to your QuickBooks…
Purchase Order Financing: What PO Financing Is & How It Works
Purchase order financing (PO financing) is an advance from a financing institution that pays your suppliers for goods you’re reselling or distributing to a customer. Purchase order funding requires a written purchase order. You can finance up to 100% of the purchase order costs, with typical rates falling between 1.15% and 6% per month. If…
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Get Our Best Financing Articles Delivered Weekly!
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Cold Calling Scripts and How to Write Them (+Free Templates)
Writing a cold calling script involves understanding your purpose for calling, crafting a compelling introduction, and making a personal connection. These scripts help salespeople better connect with customers by letting them focus on the conversation. We’ve included a series of free templates, and will cover how to create your own for a variety of situations….
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Get Our Best Sales Articles Delivered Weekly!
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How to Refinance Your Business Loans in 4 Steps
A business loan refinance can lower your current APR, reduce the frequency of your payments, and even unlock additional working capital for your business. The most common loans used for business refinancing are SBA loans and traditional small business term loans. In this article, we’ll show you how to refinance business loans in four steps….
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Top 25 Tips for Selling a Rental Property From the Pros
There are many reasons why long-term real estate investors sell a rental property. Unfortunately, selling a rental property can be just as challenging as managing it – but there are tips and tricks to make the process easier and smoother. These experts share how and when to sell a rental property for a profit. Here…
How to Get a Liquor License + Costs
Liquor license costs range anywhere from $300 to $14,000 and can take up to six months to process. Specific costs and timetables for approval depend on your state, county, local, and federal licensing requirements. In New York, for example, license and filing fees total $4,552 while California fees total $13,900. If you plan to sell…
How to Open a Juice Bar in 11 Steps
To open a juice bar or storefront that serves fresh-squeezed juices and smoothies, you’ll need a prime location, savvy business plan, and juicing equipment. Starting costs range between $20,000 – $400,000, and average annual revenue is $100,000 – $600,000. Successful juice bars require hard work, creativity, and a passion for fresh foods. When running a…
How to Start a Consignment Shop in 9 Steps
To start a consignment shop, you’ll need a prime storefront and a strategy for acquiring customers and merchandise. Starting a consignment store can cost more than $10,000, with average salaries for consignment shop owners ranging from $40,000 to $60,000. Successful consignment entrepreneurs are creative, crafty, and typically choose a niche for their store. When starting…
How to Start a Cleaning Business in 6 Steps
Starting a cleaning business offers huge profit potential with minimal startup costs. To start, you just need a business plan, proper licenses and insurance, some cleaning supplies, and a solid marketing strategy. A savvy entrepreneur who doesn’t mind doing dirty work can start a profitable cleaning company for $1,000 to $2,000. When starting your own…
Payroll Outsourcing Services, Costs & Pitfalls
Outsourcing payroll is an easy way to save time and money; instead of tracking and calculating employee pay by hand or using spreadsheets, you can hire a bookkeeper, use software, or work with a professional employer organization (PEO). Outsourcing costs are less than $100 to $4,000 annually for 10 employees, depending on the vendor. If…
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How to Manage QuickBooks Online Bank Feeds
Welcome to the Fit Small Business QuickBooks Online training course. In this lesson, we’re going to cover how to manage QuickBooks bank feeds. After connecting your bank accounts to QuickBooks, you will need to review each transaction to ensure the date, amount, and account are correct before adding them to the QuickBooks check register. You…
