Resource Category: Business

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

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 a small business owner, or are otherwise self-employed, chances are… Read More

Small Business Grants COVID-19 Relief: Where to Find Free Money in 2020

Our List of Business Grants We’ve done some of the work for you so you can easily find business grants (plus, we fund our own small business grant). Just check out the end of the article for the 21 business grants we’ve found based on some high-level categories. Best Small Business Grants of 2020 FedEx Small Business Grant Nav’s “Legitify Your Small Business” Grant Eileen Fisher Grant Program Small Business Innovation Research Program Caleb Brown Urban Entrepreneur’s Community Grant USDA… 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 choosing a bank… Read More

Nav’s 2018 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

How to get business insurance and determine how much you need

Even if you run a low-risk company, business insurance is something you’ll need to consider along your journey as a business owner. As your company grows it will inevitably take on more risk, and business insurance becomes something you need to secure before it’s too late. But what coverage does your business need? There are dozens of different insurance policies or packages that you could end up with, so it’s easy to be under- or over-insured. Do your due diligence… Read More