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Small Business
Guide to Insolvency vs Bankruptcy
While insolvency and bankruptcy are often used as synonyms, they have very distinct meanings. Learn how these two terms differ, as well as what they mean.
Austin Kilham
Updated March 26, 2024
Latest
Complete Guide to Promissory Notes
Promissory notes are legal lending documents that you need to lend money out. Read on for what they often say, the different types, and more.
Lauren Ward
August 13, 2022
12 min read
What Are Business Audits? How Can You Prepare for Them?
While the chance of an IRS small business audit is low, you should still be prepared. Learn about avoiding audits, and how they can be beneficial today.
Susan Guillory
August 11, 2022
15 min read
7 Differences Between Business Grants and Loans
Wondering whether to apply for business grants or loans? Learn about the key differences between business grants and loans today.
Rebecca Lake
August 10, 2022
14 min read
10 Things Business Loans Can Be Used For
Business loans have a variety of uses, including refinancing debt and paying for marketing. Read on for uses that are and aren’t allowed.
Susan Guillory
July 26, 2022
7 min read
Accounts Payable: What Is It And How It Works
Accounts payables (AP) are short-term debts and liabilities on a balance sheet which arise when a business owes their vendors money. Learn more.
Mike Zaccardi
July 26, 2022
7 min read
Conventional Business Loans vs. SBA Loans
Should you choose a conventional business loan or an SBA loan? Learn more about the pros and cons of each and how to choose a lending option.
Susan Guillory
July 25, 2022
9 min read
What Is Insolvency and How Does It Work?
Insolvency is when you can no longer meet financial obligations to lenders as debts become due. Learn more about insolvency.
Lauren Ward
July 18, 2022
7 min read
A Guide to Trade Credit in Business
Trade credit is a business-to-business agreement in which customers can purchase goods without paying cash up front. Learn more about trade credit.
Lauren Ward
July 14, 2022
8 min read
Comparing Operating Income and EBITDA: Similarities and Differences
EBITDA and operating income are two important measures of profitability but the information they convey is different in key ways. Learn more today.
Lauren Ward
June 28, 2022
8 min read
Guide to the Federal Funds Rate
The federal funds rate is the rate at which banks lend their overnight reserves to each other, however it impacts you in all kinds of ways. Learn more today.
Lauren Ward
June 24, 2022
8 min read
A Guide to LIBOR vs Prime Rate
The London Interbank Offered Rate (LIBOR) and the U.S. Prime Rate are both benchmark interest rates used in lending. Learn more about them today.
Lauren Ward
June 17, 2022
8 min read
Advantages and Disadvantages of GAAP vs Tax-Basis Accounting
Although GAAP is the most common accounting method in the U.S., some smaller businesses prefer to use tax basis. Learn why today.
Lauren Ward
June 17, 2022
7 min read
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