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Small Business

Financial management strategies and tools for small business owners

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QVC and HSN Exit Chapter 11: What 'Paid in Full or Reinstated' Means for Wholesale Vendors' Receivables

On July 15, 2026, a Texas bankruptcy court confirmed QVC Group's prepackaged Chapter 11 plan, cutting debt from $6.6 billion to $1.325 billion while classifying vendors as unimpaired — 'paid in full or reinstated.' Here's what that classification actually means for wholesale suppliers, how to split pre-petition and post-petition receivables, when (not) to book a bad-debt allowance, and how to model the cash-flow risk of a customer in restructuring.

mike

accounts-receivablebad-debtcash-flow

Ramp's $44 Billion Valuation: What the Corporate-Card Land Grab Means for Small Business Fees

Ramp raised $750 million at a $44 billion valuation in June 2026 — nearly triple its worth a year earlier — while Capital One closed its $5.15 billion Brex acquisition. Here's how interchange-funded 'free' corporate cards turn into platform fees, what to check before renewal, and why the spend-management arms race is a pricing signal for small businesses.

mike

fintechsmall-businessexpense-management

Three-Way Reconciliation for Title and Escrow Agencies: How Trust Account Bookkeeping Actually Works

A three-way reconciliation matches three numbers every cycle: the adjusted trust bank balance, the book balance, and the sum of every client file ledger. Here's how title and escrow agencies run it under ALTA's roughly 10-business-day standard, the five discrepancies auditors flag most, and why it's the last defense against real estate wire fraud that cost victims over $275 million in 2025.

mike

real-estatereconciliationbookkeeping

Renaissance Faire and Festival Operator Bookkeeping: Vendor Booth Fees, Weekend-Concentrated Revenue, and 1099 vs. W-2 Cast

How renaissance faire and festival operators should handle books when a year's revenue lands in eight weekends — booking vendor booth deposits as deferred revenue, forecasting twelve months of cash flow, classifying cast under the ABC test with the 2026 $2,000 1099-NEC threshold, and remitting event sales tax within compressed 10-30 day deadlines.

mike

bookkeepingseasonal-businesssmall-business

The $2.25 Million Lesson: What the RentGrow FTC Settlement Means If Your Business Runs Background Checks

RentGrow paid a $2.25 million civil penalty to settle FTC allegations of FCRA violations: duplicated eviction and criminal records, an undisclosed data source, and mishandled consumer disputes. Here is what the consent order requires, and the separate FCRA obligations — permissible purpose, written consent, adverse action notices — that any business using screening reports must still meet.

mike

compliancelegalproperty-management

The 7(a) Program Risk Oversight Act: What SBA Lender Transparency Means for Borrowers

The 7(a) Program Risk Oversight Act would require the SBA to publish loan performance data by loan size, seasoning, borrower age, and lender type — and post it publicly within seven days of reporting to Congress. Here's what lender-level risk data means for the 70,000+ businesses borrowing $31 billion a year through the program, and how to keep your records audit-ready.

mike

sbasba-loanssmall-business-loans

SECURE 2.0's Paper Benefit Statement Rule: What the DOL's Temporary Relief Means for 401(k) Plan Sponsors

SECURE 2.0 requires 401(k) and other defined contribution plans to mail at least one paper benefit statement per year starting with plan years after December 31, 2025. With Q1 2026 statements due around May 15 and the DOL's implementing rule still a proposal, Field Assistance Bulletin 2026-02 pauses enforcement for plan sponsors who comply in good faith — here's what small businesses must still do.

mike

401kretirement-plansemployee-benefits
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