The first step in choosing a bank for small business starts with determining your company’s needs. Hundreds of business bank account providers offer a wide range of banking products and services. Banking providers range from online-only financial technology (fintech) companies to credit unions and traditional brick-and-mortar banks. Some offer one or two highly specialized banking…
How To
How To Increase Your Credit Limit With TD Bank
Editorial and Partnership Disclosure In some cases, TD Bank may automatically offer an increase in your credit limit after regularly reviewing your account for on-time payments, low debt levels, and customer loyalty over time. If that doesn’t happen, you can request an increase by applying on TD Bank’s online banking platform or mobile app, calling…
How to Set Up Advanced Settings in QuickBooks Online
I’ll walk you through how to set up advanced settings in QuickBooks Online. I’ll show you how to navigate to the Advanced tab, where you can set up and adjust various preferences, including the fiscal year and accounting method, company type, chart of accounts, and categories for detailed reporting. I’ll also share why it’s important…
How to Sell on Amazon in 9 Easy Steps: A Beginner’s Guide
Learning how to sell on Amazon can seem like an overwhelming and ambitious project. However, selling on the popular ecommerce platform requires only a few simple steps. You’ll first have to plan which products to sell, and this involves understanding Amazon’s product restrictions and seller fees. Then, you’ll create a seller account and build your…
QuickBooks Audit Trail: How to Use & Benefits
I’ll show you how to use the QuickBooks audit trail to track changes made to your company file. I’ll guide you on how to access the audit log and how you can use the filter options to locate specific entries you want to review. I’ll also provide some tips on how you can effectively review…
SBA Form 912: How to Fill Out Statement of Personal History
SBA Form 912, the Statement of Personal History, is a document designed to determine eligibility for SBA funding based on things like a borrower’s character and reputation and must generally be completed by business owners and certain individuals who manage major daily operations of the company, regardless of the type of SBA loan you’re getting….
Self-employed Payroll: Processing Your Own Paycheck
When processing payroll for yourself vs employees, choosing the right business structure is key to minimizing taxes. Determining how much and how often to pay helps with managing profitability and cash flow, which is why setting up a self-employed payroll system is important. The easiest approach is to work with a reputable payroll service—it can…
How to Close a Finished Year in QuickBooks Online
Today, I’ll show you how to close a finished year in QuickBooks Online, which locks your past transactions and protects them from unwanted changes. This includes reviewing your books (reconciling accounts, generating reports, verifying customer balances, etc.) and setting a close date. I’ll also share how to make adjustments to transactions if needed before you…