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5 Popular Small Business Financial Software Options

5 Popular Small Business Financial Software Options

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

…simplifies small business accounting by automating tasks such as tracking expenses, invoicing, and generating reports. •  Popular financial software options for small businesses include QuickBooks, Xero, Zoho Books, FreshBooks, and Wave,…


10 Steps for Starting a Small Business

10 Steps for Starting a Small Business

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

…new business. •  Financing options for starting a small business include cash savings, angel investors, small business grants, and small business loans. 1. Research Your Idea At the core of every…


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…


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…


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