As of January 1, 2022, mobile payment apps (Venmo, PayPal, Cash App etc.) will have to report transactions of more than $600 to the IRS (Internal Revenue Service). The change is considered drastic by many users, as the previous threshold was 200 commercial...
Ninety-three percent of today’s small business owners report using at least one type of technology platform to help run their business, with the average owner utilizing three different platforms. While it might seem like more technology can provide more benefits, the...
Many small business owners check on their financial bottom line from time to time—not a bad habit to have, especially if you do it regularly. But upon looking at a spreadsheet (or wherever you keep that info), one reaction that is unfortunately not uncommon is, “Oh,...
There are seemingly endless apps and services available aimed at small businesses in need of collecting payments. But business owners beware: they’re far from created equally. While a few are positioned as if they offer the same benefits, the reality is that each one...
You are a small business owner and as such, you are on the lookout for ways to help your business thrive and achieve long-term success. You might think small businesses need to strive for profitability. But studies show that immediate profitability isn’t an accurate...
