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9 Accounting Basics Every Small Business Owner Should Know

9 Accounting Basics Every Small Business Owner Should Know

https://www.sofi.com/learn/content/small-business-accounting/

…and ensures accurate financial records. What Is Small Business Accounting? Small business accounting is the process of tracking and analyzing your company’s financial information. It can help you evaluate the…


Guide to Microloans & Their Uses

Guide to Microloans & Their Uses

https://www.sofi.com/learn/content/microloans/

…startup costs. Thankfully, with the growing trend toward microlending, small business owners can obtain loans, typically up to $50,000, to help them with small business financing. While microloans are small,…


The 6 Reasons Small Businesses Fail

The 6 Reasons Small Businesses Fail

https://www.sofi.com/learn/content/6-reasons-small-businesses-fail/

…of July 2024, there were 34.7 million small businesses in the U.S., employing 45.9% of American workers, or about 59 million people, according to the Small Business Administration’s Office of…


Guide to Crowdfunding for Startups and Businesses

Guide to Crowdfunding for Startups and Businesses

https://www.sofi.com/learn/content/small-business-crowdfunding/

…and target audience. •  Top crowdfunding platforms include Indiegogo, Kickstarter, GoFundMe, Mightcause, and StartEngine. •  In addition to crowdfunding, startups and small businesses can rely on venture capital, angel investors, and small


Typical Small Business Loan Fees

Typical Small Business Loan Fees

https://www.sofi.com/learn/content/small-business-loans-rates-and-fees/

If you’re considering a small business loan, it’s important to familiarize yourself with the different types of small business loan fees. In addition to interest rates, fees can impact how…


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