Category Archives: Business Checks

3 Financial New Year Resolutions You Should Make This Year as a Small Business Owner

6551534889_9c8ae52997_zAs you know, running a small business requires you to wear multiple hats. Many small business owners do not have the time to be on top of their finances as much as they should.

And it’s easy to understand why. There’s a lot to handle from making sure you’re deducting your expenses correctly, taking care of payroll, to ensuring your accounting is organized for tax season.

But here are some important resolutions you should make this New Year if you want a significant improvement in your wallet.

I Resolve to Take Control of My Business Cash Flow

Your cash flow controls the flow of your business, so delays can quickly halt the progress of your business.

If you’re dealing with cash flow problems due to the way you are accepting payments, you may have to come up with an alternative that works with your customers or clients.

If you’re spending too much on inventory at once and can’t come up with a decent budget for marketing, it’s a good idea to try to restock twice rather than all at once.

The point here is that you need to manage your cash flow to ensure that your business runs smoothly and isn’t at risk of taking a financial hit. Cash flow will be vital for paying your employees on time, having a budget for marketing, and paying for inventory, so even the slightest of delays can hurt your business.

I Resolve to Make the Best of My Inventory

If your business is based on physical goods, then it’s time to take a serious look at your inventory this year. You want to really go through your inventory to see which products are costing you money, which products to order less of on the next run, and which products you need to order more of.

Evaluating inventory has always been one of the best ways for small businesses to save money, but it is also a good way to spot opportunities.

For example, a product that you didn’t think much of may be popular with customers or a product that’s not seeing much volume might have a high profit margin and may be worth marketing to customers.

I Resolve to See My Business Tax Professional Early

Working with a tax professional that specializes in business tax can translate into a significant amount of savings for your business.

You’ll be able to get information on what you can deduct, avoid tax violations that can get you into trouble, prevent your business from being audited, and learn various ways to save even more money.

But it’s very important that you consult with a business tax professional far earlier than when your taxes are due. This will give you the time to run your numbers back to back for accuracy, better organize your tax records, and ensure that all your deductions are accounted for.

Those are just some of the finance resolutions you should make for your small business this New Year. It sounds simple enough, but each of the three on the list does require a respectable amount of your time.

So rather than trying to spread yourself thin trying to put all three into place, start with one until you feel that you’ve gotten that aspect of your small business finances in order.

Once you see some success, you’ll quickly gain the motivation to put the other two financial resolutions into action.

Photo: 401(K) 2012 / CC 2.0

Check Security: Stronger Than Ever

2291896028_e54336ab04_bToday’s checks have a host of security features that make it difficult if not impossible for them to be forged or counterfeited. Security features on checks these range from special ink to special paper to holographic images.

Modern checks are printed on chemically sensitive paper, which causes stains or discoloration when someone tries to alter the check.

Most checks also have coatings on the paper that cause the toner to adhere. If someone attempts to lift the toner with a piece of sticky tape, it will rip the paper, rendering the check unusable.

Checks these days also come with a range of features that are meant to thwart copying and counterfeiting. These include:

Watermarks, which is a distinctive symbol that is visible on the original checks but won’t reproduce on a copy;

Visible fibers, often of varying colors, that are present throughout the check paper and make copying nearly impossible;

Security screen backer, which contains words that will fade or disappear completely on a photocopy or scanned image of the check;

Multi-colored backgrounds, which make the check difficult to copy or reproduce;

Microprinting — microscopic words, viewable only under a magnifying glass, that become pixelated and unreadable on a copy of the check;

Void indication, which is an area on the check backer with the word “void” in it that only appears in a reproduction.

You might think that check makers would want to hide these security features from those who might want to circumvent them, but today’s high-security checks do the exact opposite, using several methods to advertise their security features. These include:

A warning band on the face of the check that announces the security features;

A warning box on the back of the check that lists the security features;

A padlock icon that shows the checks meet industry standards for security features.

Checks Are Ideal for Small Business Owners

Every time you use your checks, you are making a written record of each purchase. This may not seem like a big deal to the average person, but, when you own a small business, records are everything. You may not be thinking too much about tax season, right now, but the truth is that it is right around the corner. In just a few months, you and millions of other people will be scrambling to gather receipts and other records for tax purposes.

With the use of a checkbook, you can eliminate a huge part of your tax woes. Checkbooks make it easy to keep track of all purchases for a small business. They also make it easy to monitor expenses, as well as income. Any time you make a business-related purchase, pay a business-related bill, or receive business income, your checkbook will reflect a written record. When tax season rolls around, all you have to do is gather your checkbooks from the previous year, and you will have a big portion of the necessary records for your accountant.

Here at checkworks.com, we have a wide assortment of checks for business use, as well as checks for personal use. We also carry a variety of checkbook accessories. These include check registers, calculators, checkbook covers, and business cards. With the right accessories, it can be even easier for you to keep track of business income and expenses in your checkbook.

Times may be changing, and technology keeps advancing — but checkbooks are still used widely, and for many reasons. One of the primary reasons for using a checkbook is for the written record. Whether you are a small business owner or just an individual looking to keep better track of your finances, a checking account can help. CheckWorks is here to make sure you have all of the necessary checks and accessories you need to keep your business finances in order, as well as your personal finances.

Contact us today to learn more about our wide selection of products and how they can help you stay organized, especially with tax season approaching.

Business Accounts and Personal Accounts

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Are you thinking about starting your own business? It’s not a bad idea; small businesses are the backbone of the United States, so entrepreneurialism is more than encouraged. In fact, even in many of our country’s urban sprawls you’ll see unique mom and pop shops, specialty stores, independent coffee shops, start-up tech companies, and beyond. No matter the size of the company, be it a one man operation or a restaurant with over 40 employees, each and every business needs to be equipped with business checks as well as a business checking account. This is no matter of method or opinion, either; businesses are in a better legal positioning if they have their very own business bank account.

One of the silliest mistakes that a business owner can make is to operate a business out of a personal bank account. Outside of plain ignorance, there is little excuse as to why you wouldn’t have a dedicated business account, especially since most banks offer free business checking accounts. While starting a small business bank account can sound like a headache, it’s actually pretty easy. That is, of course, if you have all the proper documentation necessary.

Why Should You Keep Your Personal and Business Accounts Separate?

The answer is simple. It doesn’t matter whether you’re running a limited liability company, a corporation or a partnership—nor does the size of your company matter—if you’re legally conducting business and have separate accounts, then the courts will look at your business as a separate entity from yourself as an individual.

Checkworks Image 2Let’s use a hypothetical scenario in order to illustrate the point: if you were to have a lawsuit brought against your business, then only your business could be sued; not you as an individual. However, if your personal bank account and business bank account are one in the same, then the courts will see you and your business as the same entity. A scenario such as this has the potential to get extremely messy and deal immense damage to your personal finances, so do yourself a favor and set up a separate business bank account right away.

By maintaining a business banking account separate from your personal finances, you will be able to handle your taxes in the most beneficial way possible. The IRS will require that you file your personal and business taxes independent of one another. Having to go through a single account and separate the business expenses from the personal can be an arduous undertaking that can easily be avoided by keeping these two accounts separate to begin with.

Many believe that doing the small things early on, such as starting a dedicated business account, will help business owners to develop good business habits which will only help them later down the line, especially when it comes to finances. Another major benefit a business account offers is the ability to accept credit card payments. This is obviously a big reason to go ahead and set up an account since you run the risk of putting your business at an immeasurable disadvantage if you can’t accept debit and credit card payments

With a business account, you are also able to order business checks online from the convenience of your office or home. Also, business checks will help to give you the appearance of a professional, legitimate business. In the business world, there are few things more questionable than receiving a personal check from a business. When a customer, employee, or vendor sees a check with your company’s name on it, they gain a strong sense of professionalism, trustworthiness, and stability. If they see your personal name on the check instead, they may develop a few personal ideas about your company’s image, and when it comes to small business, reputation is everything. Avoid this pitfall by ordering both physical and online business checks.

How Do You Actually Open Your Own Business Checking Account?

The next step beyond understanding all of this is to actually put it into action. It’s extremely important that you actually do what is required by the local, state, and federal governments in order to set up a business account.

To get started, you will want to know your business structure inside and out. Are you running a limited liability corporation, a partnership, or a sole proprietorship? Knowing your structure will help you to set up your accounting situation, which will ultimately help you to know whether you need a business bank account or a credit card and merchant account services. While there are numerous options to choose from when deciding what type of business bank account you will need, it’s good to know that many banks also offer free business banking accounts as well. Although they may lack the special services and perks of one of their signature accounts, starting with a free account can be your first step toward something much greater.

Useful Checking Accessories for Your Business

When placing your next order for new business checks with checkworks.com, make sure you order a new check register, too. Our check registers are designed to help you keep track of business purchases with ease. They also feature a handy calendar, so you can see at a glance particular days of the year.

We also have other checkbook accessories to help you run your business efficiently and stay on top of your finances. These accessories include:

  • Address labels — these handy labels make it a snap to add your business address to business correspondence. These labels provide a much more professional appearance than a sloppy, handwritten address — they are also much easier to read.
  • Business cards — you can’t have a business without keeping plenty of business cards on hand. These cards make it easy for you to spread the word about your business. You can choose to include as much or as little text as you want on the card. Just be sure and include pertinent contact information, so future customers can contact you.
  • Checkbook calculators — these easy-to-use calculators make balancing your business checkbook fast and easy. You can quickly add and subtract numbers right there in your checkbook without having to dig out paper and pencil to write out your calculations.
  • Financial organizers — we offer several organizers to help you keep both your business and your personal finances clear and concise. These organizers include handy tips and advice to make financial management easier to understand.
  • Checkbook covers — our stylish covers provide you with an easy way to organize your checks, register, calculator, and any other related product. Staying organized is one of the best ways to keep your business finances in order.

Here at CheckWorks, we strive to provide our customers with everything they need to balance their business budgets, as well as their personal household budgets. Before you order more checks from your banking institution, consider placing an order with us. Our wide selection of products, easy ordering process, and affordable prices make checkworks.com a great investment for your business. Contact us today to learn more about our products.

Utilize Our Business Checks to Manage Your Finances

Owning and operating a small business is no easy feat. There are  many responsibilities on your shoulders. One of the most important responsibilities is managing the finances. Without proper management of the finances, your business will quickly go under. One way to help keep track of spending is through the careful use of business checks. Instead of using cash all of the time, you can use checks to monitor where the money goes for each purchase.

Here at checkworks.com, we offer various styles of checks to help you operate your small business. With duplicate checks, you can have a written record of the exact check you wrote, which makes it much easier during tax season to claim your expenses. The use of our checks will also help you develop good habits. Making it a habit to use a checkbook instead of swiping your credit card will help prevent those impulse purchases — the kind of purchases that can wreak havoc on your business’s bottom line.

We also offer detailed registers for writing down important information after every purchase. These registers are a great way to back up the information you already have from the duplicate check. With a register, you have all of the expenses in one convenient location, which makes it much easier to balance your checkbook at the end of each month. Between the duplicate checks and the registers, you should have no trouble managing the finances of your small business.

Here are a few tips to keep in mind when writing checks:

  • Always record each purchase in the register at the time of the purchase. Don’t rely solely on the duplicate checks to keep track of your purchases. Instead, use the register and the duplicate checks together to ensure that all purchases are monitored.
  • Make sure anyone  with access to the business finances remembers to use checks, too. This means if you send your spouse out to buy some office supplies, give him/her a quick reminder to write the check and record the purchase.
  • Balance your checkbook at the end of each month. Make sure every purchase is accounted for, and if you notice any discrepancies, contact your bank for more help.

Contact us today at checkworks.com to order a box of checks for your small business, and start managing those finances the right way.

Be Successful with a Household Budget

Creating and managing a household budget is an important step towards financial security. If you fail to budget your money each month, you could wind up with late payments, missing payments, and just utter chaos. No one wants to have chaotic finances. Checkworks.com is the place to go to order checks online — and we also have some useful tips for successfully managing a household budget.

  • Create your budget. The first step to budgeting is having a budget, so force yourself to sit down and do it. You may have a million reasons why you don’t have time to make a budget right now, but your finances need a solid budget. Don’t put it off any longer.
  • Be smart. When making your budget, use your good sense. Make a list of the priority bills, such as utilities and mortgage payments, and make sure those things are budgeted accordingly. Then, make a list of other non-essentials, such as entertainment. As you start assigning funds to each bill, take care of the priorities first — you can always rent a video instead of going to the theater.
  • Use checks. Once you have a budget planned, start using your checking account. When you write checks, you have a record of the purchase. Be sure to record the transaction in your register, which can help you stay on top of your current finances every day.
  • Avoid credit. Live within your means, and you will see your money grow. Too many people turn to credit cards, and then they only make the minimum payment. If you must have a credit card, stick to only one, make sure it has good terms, and only use it when necessary — and when you are certain you can pay the balance quickly.
  • Stick to your budget. It is easy to give in to your impulses, especially when it comes to something you really want. Be strong and adhere to your budget rules. You can always save money for non-essentials and purchase them later.

Contact us today at checkworks.com, and let us help you keep you budget on track with our selection of quality checks and registers.

Reasons Why You Should Order Checks Online

When you reach the end of your checkbook, your first instinct might be to call your bank for a new book of checks. This is fine, as long as you don’t mind paying more for your checks. Bank prices on new checks are often higher than what you pay if you order checks online. Here at www.checkworks.com, we have a huge assortment of checks — and our prices are very affordable. You can typically save 50% by ordering checks from us!

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If you have never ordered any checks online before, here are some reasons why you may want to consider it:

  • You can choose from a wide selection of designs. There is no reason why your checkbook has to be boring — after all, YOU aren’t boring. We offer various styles, including nature, animals, biblical, and patriotic. Choose a style that fits your personality, instead of something plain and boring from the bank!
  • Enjoy the convenience of ordering from the comfort of home. You can take your time choosing the perfect checks, place your order with just a few clicks, sit back, and relax — your checks will soon arrive on your doorstep!
  • You can add on accessories, such as a checkbook cover or a new register, to complete your checkbook. A register will help you keep careful track of your purchases; our covers, available in various colors and styles, will protect your checks with a personal touch.
  • You can order checks for your business at the same time you order your personal checks. We are your one-stop shop for all of your checking account needs!

The ordering process is quite simple. Just find the checks and accessories you want, then fill out the easy-to-understand order form on our site. You can also call and order your new checks over the phone, or you can fax us your order — whichever method is easiest for you.

Contact us today at www.checkworks.com to get the answers to all of your frequently asked questions, and place your first order for new checks. You will not be disappointed with your purchase, and your satisfaction and security is 100% guaranteed!


How Writing Checks can Keep Your Budget under Control

Creating a household budget is the best way to get your finances under control and properly manage them. Creating the budget is easy enough — sticking to that same budget: that is often much harder. You have to be committed to getting your finances under control — you have to take charge of your budget. One tool that can help you stick to your budget is your checkbook. Writing checks for purchases instead of swiping your debit card can help you control your spending.

You may be wondering how a checkbook can keep your finances under control. Take a minute to think about how easy it is to swipe that card. You use it at the grocery store, at the gas station, and at the Redbox to rent movies. Before you know it, you have lost track of the purchases you made for the day — and the next thing you know, your bank account is overdrawn.

Two Ways Your Checkbook Can Help

With a checkbook, you have to write out a check for each and every purchase. This can help you in two ways. First, when you fill out the check, you are creating a record of your purchase, either by using duplicates or by recording the purchase in your register. At the end of the day, you can quickly check your register and see exactly how much money you spend and where.

Second, writing checks can make you rethink a purchase. Do you really need that fountain drink or your favorite cappuccino if you have to write a check for such a small purchase? When you use your checkbook instead of your debit card, you are much more likely to reduce your spending simply because you don’t want to take the time to fill out a check for minor purchases. Those minor purchases add up each month — if you reduce the number of small purchases you make, you will save money.

Adhering to a monthly budget can help you reduce spending, save money for the future, and make your financial situation more secure. The first step is creating your budget. The second step is sticking to it, and your checkbook can help with that. Contact www.checkworks.com to learn more about our wide selection of personal checks and registers to help you with your budget tracking.