A common question among those who want to start a new small business is “How do I find the money to start?” Unfortunately, the answer is that there’s no one magical depository of funds. Contrary to what you may see on TV, no self-made billionaire is standing around waiting to throw money at your new […]
While finding a partner for life is a significant challenge, basic money management is perhaps a bigger challenge to the institution of marriage itself. Money arguments have been identified as a leading predictor of divorce. That is why having a financial plan and taking time to engage in meaningful money talks on a regular […]
One of the biggest changes that have happened to the loan process over the last decade is the aggregation of consumer data for faster loan approval/decision making. The fact is, a consumer can be approved or rejected within seconds for a loan or the financing of big ticket items.
In this article from American Banker, Data […]
As a lending enterprise, it is urgent that you know all you can about financial fraud and which types are perpetrated most often. To help narrow the field down, MoneyThumb offers enterprises and lenders the following list of the four most common types of financial fraud to watch for:
The forms that fraud may take seem to […]
At MoneyThumb we have always suggested QuickBooks as the best accounting software solution for small business clients. Obviously, Business News Daily agrees. In a very informative review of QuickBooks–calling it the best solution in accounting software for small businesses–author Sara Angeles at Business News Daily has the following to say about QuickBooks:
Quickbooks Online Review: Best Small […]
If you are keeping the books for e-commerce clients, this article/podcast from Andrew Youderian of e-Commerce Fuel and Bill D’Alessandro of RebelCEO.com, is an absolute must read/listen. The podcast/article is called Managing Cash Flow for a Growing e-Commerce Business. Below is the first few paragraphs of the article. You can read/listen by following this link.
There’s a lot to keep […]
Accounting software shouldn’t be a chore to use.
Small business accounting software that’s not available via the cloud can be tedious. Traditionally, it can suck up far too much of your business’ time and effort. This doesn’t add value, and takes the fun out of being in business. Cloud software can save your company time […]
Personal Finance Shouldn’t Be A Battle
The MoneyThumb community firmly believes that you shouldn’t have to battle to manage your personal finances. There are no dragons to slay in the financial kingdom – only personal quests to complete for your own profit and peace of mind. Read on for our best suggestions for avoiding battles […]
Optimism among business owners about the U.S. economy and the outlook for their own businesses has reached levels never-before seen in the 15-year history of the PNC Economic Outlook, a biannual telephone survey of small- and medium-sized business owners.
Eighty-eight percent of those surveyed are optimistic about the near-term outlook on the national economy, up […]