Finance

An often overlooked aspect of running a business is cost optimization. Cost optimization is a business-focused, continuous discipline to drive spending and cost reduction, while maximizing business value. This includes: Obtaining the best pricing and terms for all business purchases Standardizing, simplifying and rationalizing platforms, applications, processes and services Automating and digitizing IT and business […]

When applying to a small business loan, the prospect of receiving large sums of cash is exciting to business owners. However, when it comes to repayment, servicing a fixed repayment schedule can become extremely difficult and not feasible.  Traditional lenders make sure their borrowers are providing them with the highest rate of return on their […]

Small businesses are the backbone of our economy. Ensuring they are taken care of, and their needs are met has always been Gravity’s number one priority. One of our merchants’ biggest pain points and priority is timely access to cash and liquidity for their business needs.  For as long as we can remember, small businesses […]

In our market-driven capitalist society, business leaders are taught that, when it comes to financials, you should strive to make as much profit as possible. But if you want to run your business a different way–one that is focused on keeping promises to your customers, employees, and other stakeholders–this profit-first approach won’t work. If you […]

WASHINGTON — The Internal Revenue Service has launched a new online assistant designed to help employers, especially small businesses, easily determine the right amount of federal income tax to withhold from their workers’ pay. Known as the Income Tax Withholding Assistant for Employers, this new spreadsheet-based tool is designed to help employers easily transition to […]

Most small business owners know their personal credit scores. However, the concept of business credit remains more elusive. Business credit is entirely separate from personal credit, and there are different steps one must take to establish and build business credit. While the road to building good business credit is a long one, it is very […]

“Nothing is certain but death and taxes.” What is also certain? Preparing for tax season–especially if you’re a small business owner–can be a real (and possibly expensive) pain in the neck. But it doesn’t have to be. We talked to a several finance pros who work directly with small businesses, both during tax season and […]

What is EMV? EMV is short for Europay, MasterCard, and Visa. This technology uses a computer chip on your card to authenticate the transaction, and is one of the most secure ways to run transactions from a plastic credit card or debit card. The History of EMV Chip Card Technology in the United States EMV […]