Blog Posts | Page 63

When overwhelmed by debt, it’s tempting to look for the quickest, easiest path out. Unfortunately, paying down debt is a process that takes time. Even if you are a good candidate for credit card debt consolidation and have the credit score to unlock low rates on a balance transfer card or a loan, this doesn’t mean your debt will go away overnight.

Liability insurance is crucial to protecting your small business from lawsuits and accidents, but not all liability insurance policies are the same. So what exactly is garage liability insurance, and do you need it? And the big question: How much is it going to cost you? Keep on reading to find out.

Tired of telling customers, “Sorry, cash only”? With a credit card reader, you can take payments almost anywhere, access customers who only carry cards, and even get paid faster. Check out the best mobile card readers for small businesses.

Since your personal cash and assets are still on the hook with an unsecured loan — particularly if the lender requires a personal guarantee — it’s usually best to get a secured loan in order to qualify for a higher lending limit and lower interest on your payments.

Whether you run a service business that mostly interacts with clients over the phone, a retail or restaurant business that regularly takes phone orders, or you just want to offer your customers more ways of settling billing with you, a virtual terminal may be a savvy choice.

Fidelity bonds are one form of risk management you may need if you’re looking to protect your business, employees, or customers from financial fraud, employee dishonesty, or outright theft. This type of insurance policy is also referred to as a commercial crime policy. In fact, fidelity bonds are a requirement in some states to acquire a business license.

If you’re ready to explore accounting software alternatives to QuickBooks Online, this post is for you. We’ll look at some other popular options among small business owners, delve into their features, and, yes, even take a look at the drawbacks of each to help you make the most informed decision for your business.

LLC business insurance is a collection of business insurance policies that protect your LLC from the costly effects of a lawsuit, property damage, worker mistakes, and other situations. Because every LLC is different, the types of coverage your business needs will be unique.

Business registration is a necessity for most, but not all, small businesses. Read our guide to learn what you need to legally register your small business, the steps to register a new business name, and how much business registration costs.

You need a loss run report to negotiate lower premiums with your existing or new insurance provider, determine risks associated with running your business, and establish a plan to help mitigate potential hazards.