In this article, we explain how to fill out Schedule F for reporting farming and agricultural income and expenses. In accordance with the IRS’s Schedule F instructions, the information below includes details on document assembly, form completion, and filing. As an additional resource, we’ve provided a sample completed form. Step 1: Assemble Supporting Workpapers It…
How To
How to Open a Business Bank Account in 7 Steps + Checklist
We will walk you through how to open a business bank account—from gathering the required documents based on how your business is organized and choosing the right account, to counting the cost of fees and setting up online banking. Knowing ahead of time what kind of bank you want to build a relationship with and…
How to Use Lightspeed Inventory Management Software
In this article, you’ll learn how to manage inventory using the Lightspeed POS system. Lightspeed is our top-recommended point-of-sale (POS) inventory system, best for midsize businesses with multiple locations. It has age verification tools, payment processing, and analytics reporting. This system is browser-based, so you can start a 14-day free trial and start using the…
How to Create an Employee Referral Program [+ Free Template]
An employee referral program involves asking your employees to refer candidates who may not have otherwise applied to your open roles and rewarding them for their referral efforts. With an employee referral, you gain access to higher-quality applicants—and may reduce hiring costs and time to hire—as most employees will only refer individuals they believe could…
Ultimate Guide to SWOT Analysis for Small Businesses in 2024
A strengths, weaknesses, opportunities, and threats (SWOT) analysis can be used in multiple scenarios, from helping an aspiring business owner evaluate the feasibility of launching a new business idea to arming an existing business owner with the insight needed to make solid decisions around areas in which the business is doing well or not so…
3 Easy Steps on How to Get an 800 Number
An 800 number, also called a toll-free phone number, allows long-distance calling, with the recipient being charged for the call instead of the caller. Get one by choosing a service provider, picking a prefix, and creating an account. 800 numbers enable small businesses to project an image of a large, reputable company and make a…
How to Use Mailchimp in 6 Easy Steps [+ Video Tutorials]
Learning how to use Mailchimp to create and deploy email marketing and sales campaigns is easy. Simply sign up for a free account, build an audience, then design and send your email marketing campaign. After you hit send, analyze performance data to make future email marketing campaigns more effective. Check out our Mailchimp video tutorials…
4 Ways to Print Payroll Checks Online for Free
Finding ways to print payroll checks online for free is a good option if you have employees who prefer checks over direct deposits. All you need is a printer, check stock, and magnetic ink, and you can usually print within minutes. However, free services are generally limited—some only allow one check per day and don’t…