Switching to a new accounting system is not an easy process, but an accounting software implementation plan can make things easier: Step 1: Planning. Assess the need for a new platform and the software product you want to use. Step 2: Preimplementation. Prepare the entire company for implementation, wherein you examine if the technology in…
Ultimate Guide
9 Creative Small Business Packaging Ideas + Examples
Custom packaging is a key way for small businesses to stand out in the highly saturated ecommerce market. To foster a memorable buying experience and help build brand loyalty, we recommend using branded or unique shipping materials. In this article we’ll look at nine creative packaging ideas for small business, exploring how you can customize…
SBA Line of Credit: CAPLine Rates, Terms & Qualifications
The Small Business Administration (SBA) offers a line of credit program where funds can be used to cover temporary, short-term, and cyclical working capital needs. Some examples of what an SBA line of credit can be used for include inventory, labor costs, administrative expenses, and funds to help with the rehabilitation or repair of commercial…
What Is an FHA Multifamily Family Loan?
FHA multifamily loans are used to assist in the purchase of multifamily real estate and offered by eligible loan providers. The Federal Housing Administration (FHA) provides insurance for these loans, which are subject to certain criteria defined by the FHA. Since these loans are backed by the government, they’re more accessible and typically offer more…
Designing Ecommerce Websites in 2024: Tips & Best Practices
Good ecommerce website design is critical when building your online store, as it attracts potential customers, provides an enjoyable user experience, and increases sales. Designing ecommerce websites differs from building regular websites—it involves highlighting products and creating a seamless buying experience for your customers. This guide outlines tips and strategies for designing highly effective ecommerce…
Void Transactions: Guide for Small Business
Any business owner who takes card payments for the first time will encounter a situation where the transaction needs to be voided. This means reversing the transaction—as if there was no transaction at all. Understanding and managing void transactions is essential for businesses to maintain financial accuracy and operational efficiency. What Is a Void Transaction?…
What Is ePacket? Delivery, Shipping & Tracking in 2024
ePacket is a fast, low-cost global shipping service for packages from China and Hong Kong. Delivery to the US can take seven to 20 days, and shipping costs are estimated to be approximately US $20 for a 2 kg parcel. ePackets are ideal for merchants who source and sell small to mid-sized and lightweight goods…
Apartment Building Financing Options For Business Owners
Financing an apartment building can be done in several ways. Apartment loans are a type of multifamily financing that assists with the purchase or refinancing of an apartment building. These include loans that are government-backed, offered by a bank or other lending institution, or offered on a short-term basis. Each has varying terms of eligibility…