Tag Archives: Small

10 Steps to Start an IRA for Small Business Owners and the Self-Employed

An Individual Retirement Account (IRA) is a savings account, which is designed to help individuals save for their retirement. IRAs are popular as they enable an individual to save for retirement with tax-free growth or on a tax-deferred basis. There are two different types of IRAs — Traditional and Roth IRAs. The principle difference between the two is that traditional IRAs ... Read More »

How to Use Cryptocurrencies and Blockchains to Innovate in Your Small Business

For businesses, these are exciting times, especially with the enhanced capabilities that fintech startups and service providers can offer, whether you are an enterprise seeking to optimize operations or a small business looking to expand. Looking beyond the cryptocurrencies, however, what’s more important are the fundamental technologies that underpin these new asset classes, which are their respective blockchains. These are ... Read More »

10 Steps to Start an IRA for Small Business Owners and the Self-Employed

An Individual Retirement Account (IRA) is a savings account, which is designed to help individuals save for their retirement. IRAs are popular as they enable an individual to save for retirement with tax-free growth or on a tax-deferred basis. There are two different types of IRAs — Traditional and Roth IRAs. The principle difference between the two is that traditional IRAs ... Read More »

6 Reasons Small Businesses May Need to Change Banks

Do you know how some people are quick to purchase those novel kitchen gadgets in a TV infomercial? Well, there were a handful of years when I got excited about new banking options and opened a bunch of savings accounts with different banks. Just like people found uses for those “As Seen on TV” gadgets, I found ways to justify ... Read More »

Most Small Business Owners Have Negative View of Mobile Banking

Small businesses are generally early adopters of technology, but a new survey conducted by RateWatch on the subject of mobile banking says otherwise. According to the survey, which was conducted in the third quarter of 2016, the perception of 69 percent of the respondents regarding this technology was not positive. Another data point in the survey corroborates this fact, as ... Read More »

Area businesses thrive on Small Business Saturday

Local Bristol shop owner Hugh Testerman welcomed guests at Blakley-Mitchell on Saturday as residents and out-of-town visitors shopped small. Testerman, who owns the Blakley-Mitchell men’s clothier on State Street in Bristol, Virginia, was busy Saturday, fitting customers for new outfits. Each Saturday after Thanksgiving, shoppers visit small businesses to support their local communities. It’s part of Small Business Saturday, which ... Read More »

27 Percent of Small Business Owners Use Same Bank Account for Business and Personal (Infographic)

Managing finances is a key priority for small businesses. Yet many business owners make financial mistakesthat may cost them dearly. For example, a new study has revealed 27 percent of small business owners use the same checking account for personal and business finances. Downsides of Using the Same Bank Account for Business and Personal While it may seem easier to consolidate all ... Read More »

Small Business Headlines from Xero, Paypal, Shopify and More

When it comes to your business’s finances, there are so many different tools for you to consider. So it can be a big help when the tools you already use integrate with one another to make the whole process easier. Recently, Xero announced improved integration with PayPal. And Shopify also added a partnership that could help merchants with their finances. ... Read More »

ESAF Small Finance Bank to open 60th branch on Wednesday

ESAF Small Finance Bank is opening its 60th branch at Andheri (East) in Mumbai on Wednesday. The erstwhile microfinance lender, which converted itself into a small finance bank following the receipt of RBI’s licence, had begun its operations in March this year. Announcing the launch of its Mumbai operations, K Paul Thomas, MD & CEO, said the bank, which currently ... Read More »

10 Sources of Custom Gift Cards for Small Businesses

With the holidays approaching, now is a great time for businesses to start thinking about tapping into the $124 billion-a-year gift card industry. Gift cards have long been an effective way to boost holiday sales. For small businesses unsure where to start with the marketing and selling of gift cards, fortunately there are a whole host of gift card tools available ... Read More »