Resources & Tools
Community Development Financial Institutions (CDFIs) provide different types of financing and capital to community businesses, including small businesses, microenterprises, nonprofit organizations, commercial real estate, and affordable housing. They can be a great resource if you are looking for money for your business. CDFI’s services vary depending on where you are located, but they have created a Finder to help find one near you.
Follow the link below to find a CDFI near you and learn about the services they offer.
Venturize is a free online resource hub for small business owners who need help accessing tools and resources to grow their businesses. Venturize offers unbiased education and resources about small business loans, retirement and healthcare. Use Venturize to learn how to navigate your financing options.
The Borrowers’ Bill of Rights identifies six fundamental rights that all small business owners seeking financing deserve. It outlines how lenders and brokers should uphold and protect these rights. The site includes a list of which lenders have pledged to uphold these fundamental rights.
This IRS website has all the tax forms you will need for your business and lots of helpful resources about how to file and pay your taxes, including an online learning section. Learn about the different tax forms, preparing your taxes, and much more! Check out all they have to offer by clicking the link below.
Are you looking for one software to help you keep track of your finances, manage your invoicing, and run payroll? Wave may be for you. Wave is a service for accounting, invoicing, and payroll. It is specifically designed for small businesses, and they use simple, easy to understand language. There is no cost to use Wave; the accounting and invoicing software are free. To accept credit card and bank payments on your invoices expect to pay 1% per transaction.
Similar services include Quickbooks and Freshbooks, so check them all out before deciding what will work best for your business. Consider the cost, the functions you need, and if you’re using other software and need them all to talk to each other.
Learn more about Wave by clicking the link below.
Are you looking for a way to keep your business expenses organized? If you’re overwhelmed with receipts and tracking where your money is going, Expensify can help! Expensify offers a way to track and manage your business expenses, which is important for tax season. You can use this service to scan receipts, compile your expenses in one place, and create expense reports. It is free for individuals and $5 per month for small teams.
Learn more by clicking the link below.
Keeping track of your income and expenses is especially important for a small business. If you’re looking for a way to do your business accounting online, Freshbooks may be for you. You can use this service to track your income and expenses, create invoices, track your time, generate business reports, and accept credit card payments (and more). A lite version of this service costs $15 per month.
Similar services include Quickbooks and Wave, so check them all out before deciding what will work best for your business. Consider the cost, the functions you need, and if you’re using other software and need them all to talk to each other.
Learn more about Freshbooks by following the link below.
Quickbooks offers a way to do your accounting online. You can use this service to track income and sales, pay vendors, send invoices, and figure out your taxes. Their service costs $15 per month for freelancers and $25 a month for a basic small invoice plan.
Similar services include Freshbooks and Wave, so check them all out before deciding what will work best for your business. Consider the cost, the functions you need, and if you’re using other software and need them all to talk to each other.
Learn more about Quickbooks by clicking the link below.
If your business has paid employees, Sure Payroll provides a way to streamline that process. They pay employees by direct deposit automatically, help file taxes, and provide human resources. Their prices vary (for a very small business, it would be in the range of $30/month).
SCORE provides you free business mentoring and advice. They also offer educational webinars, courses on demand, and a library of resources with guides and helpful articles. Find a local SCORE office or use the numerous resources available on their website by checking out the link below.
One of the biggest challenges for starting your own business is finding the money to start! Annuity.org offers a great basic guide for financial literacy to help you manage your money. Use this site to explore topics and tips such as how to borrow money, understanding your credit score, budgeting, and more! The site includes helpful tips to help you determine if your financial planning is on track. Afterwards, check out their guide on investing in your business.
Follow the link below to check out the Annuity Financial Literacy Guide and start getting your business and personal finances on track.
“Becoming Financially Savvy” is a video featuring Alicia Masse from our partner, Career Girls.