Although 401(k) accounts are primarily used for retirement savings, using a 401(k) to start a business or cover company expenses is possible. There are several ways this can be accomplished, including the use of a rollover for business startups (ROBS), a 401(k) loan, or conducting a regular withdrawal. The best option will depend on your…
How To
How to Motivate Your Team: 5 Team Motivation Ideas
As you build your small business and pursue strong growth, learning how to motivate your team should be among your top priorities. Highly motivated employees will often exhibit higher levels of engagement and be more proactive, productive, and committed to their jobs. According to Seenit’s 2023 report1, The State of Employee Engagement, 30% of productivity…
How to Buy Postage Online for Your Small Business
Purchasing, managing, and printing postage online is a great way to save your business time and money. We take a step-by-step look at how to buy postage online for small businesses, reviewing several vendor options and the tools you will need to print your postage at home. Step 1: Choose an Online Postage Vendor First,…
How to Do Payroll in North Carolina: Small Business Guide
Learning how to do payroll in North Carolina (NC) is pretty straightforward. It simply follows general federal guidelines, requiring you to secure a Federal Employee Identification Number and a NC Withholding Identification Number, as well as register for unemployment tax. While that may be the case, there are some regulations to note—and by using our…
How to Refinance a Merchant Cash Advance in 5 Steps
You can refinance a merchant cash advance (MCA) in five steps. Once you’ve confirmed the payoff amount, you can find loans you’re eligible for, shop lenders, apply, and then accept the loan terms and confirm the payoff of the merchant cash advance. Refinancing a merchant cash advance can provide lower monthly payments to help with…
How to Do Payroll in Massachusetts: Small Business Guide
There are several things to keep an eye out for when learning how to do payroll in Massachusetts, as there is a lot of legislation regarding employee rights. Some major differences include more stringent final pay laws, Massachusetts Blue Laws (restrictions on business openings on Sundays and holidays), a state Paid Family Medical Leave (PFML)…
How to Get a Loan to Buy a Business in 7 Steps
Our guide details how to get a loan to buy a business, from gathering required documents and reviewing company data to applying with your chosen lender and signing the final purchase agreement. Depending on the loan type and lender, there are various allowable uses of funds, but you’ll typically be allowed to use loan proceeds…
How to Create a Landing Page to Boost Sales in 5 Easy Steps
A landing page is a dedicated web page people are directed to when they click on your ad or respond to a marketing campaign. To create a landing page, identify its primary objective, choose the best platform, and then set up and launch your landing page. Finally, continue testing and optimizing your landing page after…