Key Takeaways Gross Margin shows how efficiently your business is producing and selling its products or services. Customer Concentration is a way to assess how

Key Takeaways Bookkeeping includes functions like transaction recording, account management, payroll processing, reporting, and more There are 5 account categories for sorting transactions: assets, liabilities,

Key Takeaways Your personal credit plays a role in your business credit, so it’s best practice to focus on maintaining your finances in all areas

Key Takeaways When you apply for an SBA 7(a) loan, the debt you already hold factors into how much capital you qualify for. You need

Key Takeaways A government shutdown occurs when congress cannot pass legislation for federal agency funding During this time, SBA loans cease being processed Submit your

Key Takeaways Understanding the tax implications of your business’s structure can help you file properly and identify your tax advantages Consider opening an account on

Key Takeaways Your SBSS score is your business’s credit score that accounts for several factors, spanning both business and personal finances SBSS scores range from

Key Takeaways SBA 7(a) loans offer flexible funding for operational and growth needs. There are clear restrictions on how funds can be used, such as

Key Takeaways Separating your business from your personal finances as much as possible will help you to stay organized, ensure your taxes are accurately filed,

Key Takeaways Secured credit cards require a cash deposit that acts as “collateral” on your card balance, and are easier to obtain for people with