What exactly is social engineering and why should you be concerned about it? Social engineering is a very popular form of hacking that’s been called the greatest security risk in the decade ahead. It can be done by email, phone or text messaging, and usually the hacker is someone trying to trick you into giving … Continue reading The Threat of Social Engineering: What owners need to know to keep their businesses and clients safe.
Fall means football season across the United States, and with 59.3 million people playing fantasy sports this year in the U.S. and Canada, almost anyone can participate. In spite of the popularity of playing fantasy sports — which first started with golf in the 1950s — there are some legal issues involved. Depending on which … Continue reading Is Fantasy Football Good For Business?
Most times small businesses are focused on customer retention, but the reasons for losing a customer can be just as valuable. With so many online tools and the popularity of social media, customer competition is more aggressive than ever before. Customers want you to go above and beyond their expectations because, if you don’t, they’ll … Continue reading 10 Ways to Lose a Customer
Effective July 1, 2017, three of the major credit-reporting companies began following improved standards that will cause some credit scores to rise. As part of the National Consumer Assistance Plan (NCAP), TransUnion, Experian and Equifax are no longer including information about tax liens and civil judgments on a consumer’s record if the data doesn’t include … Continue reading Why Credit Scores are on the Rise
Protecting yourself and your business from fraud allows you to concentrate on what matters most: the success of your business. Running a business is a big investment. Any level of fraud, especially for a small business, could be costly and devastating. Small businesses tend to be more informal, with family-type environments and less checks and … Continue reading How to Protect Your Business From Fraud
Checking accounts are the most widely used financial product in the country. According to the FDIC’s most recent Survey of Unbanked and Underbanked Households in 2015, 75.8 percent of households had a checking account. Most banks offer different levels of checking accounts, from simple ones to those that earn interest and have unlimited transactions. Checking … Continue reading How to Choose The Best Checking Account
With April 15 fast approaching, small business owners should be getting their tax documents, credits and deductions ready to go. Being diligent about record keeping is probably the best way to come out ahead on tax day. According to the IRS, good records will help you monitor the progress of your business, prepare your financial … Continue reading Tax Tips for Small Businesses
Financial Mistakes Small Businesses Make Here are six of the most common financial mistakes small business owners make and how to avoid them. Starting your own business is an exciting time filled with possibility. There are a ton of decisions to be made, from location to hiring and marketing. While many small businesses see success … Continue reading Common Financial Mistakes Small Businesses Make
No matter how right-brained, small business owners must become familiar with accounting practices and procedures. From payroll taxes to direct deposit, keeping the cash flowing can determine whether a business survives. Good cash management also allows you to reduce overhead costs and gives your employees easier access to their paychecks. Online banking services have made … Continue reading 6 Accounting Mistakes Made by Small Businesses