Apply for EIN: How to Apply for a Free Employer Identification Number (EIN)

This article was reviewed and updated on August 17, 2020 How do you apply for an EIN? The Internal Revenue Service (IRS) requires a completed Form SS-4 to receive an EIN. We can help you get your employer identification number, right here, right now. Just answer a few questions required by the IRS—the whole process takes a few minutes. Once you’ve completed the application, you can file the application online, in the mail, or fax it in yourself. If you’re… Read More

Small Business Grants: Where to Find Free Money in 2021

  As a small business owner, you likely are always looking for money to grow your business, and when something like a global pandemic hits, that need only increases. Whether you’re looking for grants to help you weather the rest of the COVID-19 pandemic and its aftermath or are just looking for a small business grant to take your company to the next level, you’ll find many options here. Small Business Grants 2021: Free Money for Your Business EIDL and… Read More

How to Qualify for Government Contracts

Ever wonder how your business can get government contracts? After all, the U.S. government is the largest buyer in the world, with purchases amounting to about $500 billion dollars per year. Government agencies are such a big customer of small businesses that some small businesses make their cash solely off of business from government contracts. And maybe your business can capitalize on this big small business customer, too. Here's your guide to understanding contracting opportunities with the U.S. government and how… Read More

The Best Small Business Checking Accounts

If you’re looking to grow and sustain your business, opening a business checking account should be at the top of your to-do list. Having a business bank account that’s separate from your personal account allows you to more easily keep track of your money and process financial transactions. But finding the right bank account is crucial. Nav’s 2018 Business Banking Survey showed that 93% of business owners interact with their banking institution on a weekly basis, so choose a bank… Read More

Nav’s Business Banking Study

It's no secret that a main formula for measuring the health of your business is how much cash you have in the bank. More cash coming in--and less going out--is a shared goal for businesses everywhere. Banks and lenders view the health of your business in the same manner. When you apply for business financing, most lenders will ask to look at your bank statements from the last six months in addition to your profit and loss statement and financial… Read More

Business Bankruptcy — What Options Are Available?

This article was reviewed and updated on August 24, 2020 Small business bankruptcy is serious, but it doesn’t necessarily mean the end for your business. It does present some tough decisions and a good amount of paperwork, however, so you need to know what you’re getting yourself into. Let’s take a look at a few questions you probably have about bankruptcy.  Even if you are familiar with consumer bankruptcy, realize that, as a small business owner, business bankruptcy law may… Read More