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Jack Bauer
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Jack Bauer 2021-05-11
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Over the last few years, a vast number of fintech startups have emerged, leveraging technology to create ground-breaking solutions for the finance, investment, and lending sectors. Moreover, fintech solutions also help financial institutions in providing their new and existing customers increased access to their products and services and take their business to the new height of success. Financial technology companies are creating innovative solutions to improve the accessibility and convenience of financial services. Gone are the days when you had to go to your local bank to open a bank account, apply for a loan, or withdraw money from your savings account. To enable open finance, an API acts as secure conduct between bank systems and third-party solutions. Open finance provides lenders with real-time and accurate financial data and thus they can get a better understanding of a consumers’ financial situation.
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Jack Bauer 2020-10-24
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If you’re in the small business for a while, you have to let the bank or Credit Card Company know how much revenue your business is bringing each year. Moreover, you may also be rewarded with everything from statement credits to gift cards to entertainment packages. It can even let startups buy office equipment and supplies with their credit card points, which later help them reduce a lot of expenses. You can keep a close eye on the total business spending, a particular employee each month’s spending, and the company’s specific department and project expenses. Better Terms Compared to personal credit cards, these cards often come with more spending power, bonus rewards on office supplies, lower interest rates, longer periods, and discounts for early payments. A higher credit limit is beneficial for startups as they often both make more money and spend more money than consumers.
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Jack Bauer 2021-03-29
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Cash flow is one of the most important metrics that help you keep your business afloat during unexpected times and take it ahead.

It tells you the money is coming in and going out of your business during a period and how efficiently you’re operating.

Today, there are several innovative and futuristic cash flow forecasting and management software that you can use for cash flow projection in your small business.

More Power, Less Time Consuming Cash flow forecasting gives you back and could save a lot of your time and energy.

These innovative tools take away all the guesswork and help you make well-informed decisions by combining smarter decisions with data analysis.

There is no need to spend a lot of time creating endless spreadsheets or consulting your accounts to predict the financial future of your small business.

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Jack Bauer 2020-10-22
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Whether you’re considering opening a small retail shop or purchasing a sought-after franchise, have you ever thought about how a business credit card can help you manage cash flow and get your business off the ground. Since you don’t need a perfect credit history or an established business to qualify, a business credit card can be a true companion in your business’ financing journey. It can help you get the working capital if you can’t get financing from other lending options. If you have a personal credit score of 690 or above – you can generally qualify based on your personal credit history. From building your credit score to maximizing available credit to boosting cash flow, business credit cards offer multiple benefits to startups and small business owners. Mitigate Cash Flow Issues   Most entrepreneurs start their businesses on a shortening budget.
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Jack Bauer 2021-01-18
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Both merchant cash advances and loans provide capital to entrepreneurs to successfully run and grow their businesses. Whether you’re struggling to bridge the cash-flow gap and pay off debt, or you need instant cash to purchase equipment and inventory, or make payroll and hire employees, these both financing products can help you overcome the above financial challenges in their own way. With a merchant cash advance, you’re given a lump sum of advance by the lender which is then repaid automatically using a percentage of your daily debit or credit card receipts plus a fee. And there are always chances of getting your loan application rejected if your business is not fulfilling one of the requirements. Uses Though you can use a business loan for nearly any business purpose as a business owner, it’s is mainly borrowed to cover long-term business expenses. A merchant cash advance is a great funding option if you’re: Struggling to balance cash flow in your seasonal business Looking to expand business operations Meeting payroll expenses Looking to purchase new equipment and inventory Needing temporary cash flow help Hire employees Interest Rates and Repayment Terms As you’re not borrowing any money with a merchant cash advance but selling a portion of future sales, so it’s paid daily via your merchant account using a percentage of your daily credit and debit card sales.
collect
0
Jack Bauer 2020-12-07
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Today, small business owners are increasingly looking to accountants for services beyond bookkeeping, compliance, and tax preparation. As an accountant, offering various advisory services such as cash flow forecasting and funding can help you deepen your relationship with current and existing clients. Besides, it helps your clients to make better financial decisions and successfully grow their businesses. Thanks to the rise of the online digital marketplace, alternative lenders, and crowdsourcing, today, accountants can help business owners in various ways who need extra working capital to run and grow their businesses. You can partner with a reliable online lending marketplace that can help you find and compare a variety of small business loan offers for your clients. Ask the Right Questions No matter how hard it is, you must ask the right questions to understand your client's funding needs.
collect
0
Jack Bauer 2021-05-11
img
Over the last few years, a vast number of fintech startups have emerged, leveraging technology to create ground-breaking solutions for the finance, investment, and lending sectors. Moreover, fintech solutions also help financial institutions in providing their new and existing customers increased access to their products and services and take their business to the new height of success. Financial technology companies are creating innovative solutions to improve the accessibility and convenience of financial services. Gone are the days when you had to go to your local bank to open a bank account, apply for a loan, or withdraw money from your savings account. To enable open finance, an API acts as secure conduct between bank systems and third-party solutions. Open finance provides lenders with real-time and accurate financial data and thus they can get a better understanding of a consumers’ financial situation.
Jack Bauer 2021-01-18
img
Both merchant cash advances and loans provide capital to entrepreneurs to successfully run and grow their businesses. Whether you’re struggling to bridge the cash-flow gap and pay off debt, or you need instant cash to purchase equipment and inventory, or make payroll and hire employees, these both financing products can help you overcome the above financial challenges in their own way. With a merchant cash advance, you’re given a lump sum of advance by the lender which is then repaid automatically using a percentage of your daily debit or credit card receipts plus a fee. And there are always chances of getting your loan application rejected if your business is not fulfilling one of the requirements. Uses Though you can use a business loan for nearly any business purpose as a business owner, it’s is mainly borrowed to cover long-term business expenses. A merchant cash advance is a great funding option if you’re: Struggling to balance cash flow in your seasonal business Looking to expand business operations Meeting payroll expenses Looking to purchase new equipment and inventory Needing temporary cash flow help Hire employees Interest Rates and Repayment Terms As you’re not borrowing any money with a merchant cash advance but selling a portion of future sales, so it’s paid daily via your merchant account using a percentage of your daily credit and debit card sales.
Jack Bauer 2020-10-24
img
If you’re in the small business for a while, you have to let the bank or Credit Card Company know how much revenue your business is bringing each year. Moreover, you may also be rewarded with everything from statement credits to gift cards to entertainment packages. It can even let startups buy office equipment and supplies with their credit card points, which later help them reduce a lot of expenses. You can keep a close eye on the total business spending, a particular employee each month’s spending, and the company’s specific department and project expenses. Better Terms Compared to personal credit cards, these cards often come with more spending power, bonus rewards on office supplies, lower interest rates, longer periods, and discounts for early payments. A higher credit limit is beneficial for startups as they often both make more money and spend more money than consumers.
Jack Bauer 2021-03-29
img

Cash flow is one of the most important metrics that help you keep your business afloat during unexpected times and take it ahead.

It tells you the money is coming in and going out of your business during a period and how efficiently you’re operating.

Today, there are several innovative and futuristic cash flow forecasting and management software that you can use for cash flow projection in your small business.

More Power, Less Time Consuming Cash flow forecasting gives you back and could save a lot of your time and energy.

These innovative tools take away all the guesswork and help you make well-informed decisions by combining smarter decisions with data analysis.

There is no need to spend a lot of time creating endless spreadsheets or consulting your accounts to predict the financial future of your small business.

Jack Bauer 2020-12-07
img
Today, small business owners are increasingly looking to accountants for services beyond bookkeeping, compliance, and tax preparation. As an accountant, offering various advisory services such as cash flow forecasting and funding can help you deepen your relationship with current and existing clients. Besides, it helps your clients to make better financial decisions and successfully grow their businesses. Thanks to the rise of the online digital marketplace, alternative lenders, and crowdsourcing, today, accountants can help business owners in various ways who need extra working capital to run and grow their businesses. You can partner with a reliable online lending marketplace that can help you find and compare a variety of small business loan offers for your clients. Ask the Right Questions No matter how hard it is, you must ask the right questions to understand your client's funding needs.
Jack Bauer 2020-10-22
img
Whether you’re considering opening a small retail shop or purchasing a sought-after franchise, have you ever thought about how a business credit card can help you manage cash flow and get your business off the ground. Since you don’t need a perfect credit history or an established business to qualify, a business credit card can be a true companion in your business’ financing journey. It can help you get the working capital if you can’t get financing from other lending options. If you have a personal credit score of 690 or above – you can generally qualify based on your personal credit history. From building your credit score to maximizing available credit to boosting cash flow, business credit cards offer multiple benefits to startups and small business owners. Mitigate Cash Flow Issues   Most entrepreneurs start their businesses on a shortening budget.