MoneySmall Business

2022 Best Cities for Freelancers

The pandemic has created more opportunities for remote, self-directed and freelance work than ever. Today, around 10 million Americans say they’re working for themselves in some capacity. The opportunity to work from anywhere is indeed enticing to many, and it begs an…
MoneySmall Business

Best Free HR Software for Small Businesses

Free HR software doesn’t offer the range of functions that are included in paid products. If you want a platform that combines recruiting, onboarding, time tracking, payroll, benefits, training and performance, you’ll typically have to pay for full-service HR software.
MoneySmall Business

How to Check Your Business Credit Score

A top-tier business credit score can unlock preferred rates on financing and business insurance, and it can also open the door to potential partnerships and trade credit arrangements. Unlike personal credit scores, which are standardized and available for free, each business…
MoneySmall Business

Should You Invest in a Friend’s Business?

Ben & Jerry’s was started by childhood best friends. Four grad school buddies founded Warby Parker. A long friendship-turned-partnership brought Clear to TSA security lines across the U.S. A shopping trip between two pals launched size-inclusive clothing brand…
MoneySmall Business

Net 30: What It Means, How Businesses Use It

“Net 30” is a shorthand term used on invoices to indicate that a customer has 30 days to pay. This simple concept connects to other areas of business operations, including customer communication and accounting. What Net 30 means An invoice contains details of a…
MoneySmall Business

Payment Terms: How to Use Them for Small Business

Payment terms are the conditions of a sale. They’re usually associated with invoice payments, and specify how and when clients provide payment for goods or services. Terms include when payment is expected, accepted payment methods and any discounts for early payment and/or…
MoneySmall Business

What Is EMV? What Businesses Need to Know

EMV is a technical standard designed to limit in-person card fraud. It stands for Europay, Mastercard and Visa — the companies that created it. EMV has been adopted by major payment networks. Rather than using the traditional magnetic strip, an EMV credit card uses a small…
MoneySmall Business

PayPal Fee Calculator

PayPal charges payment processing fees whenever it processes a customer payment. The fees you’ll pay depend on which service your business uses. Common services include standard credit card payments, Checkout for online purchases and Zettle for in-person transactions. »…