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The good news is that the ERC moratorium sounds scarier than it actually is. The even better news is that eligible businesses can still submit ERC applications through reputable ERC companies in the meantime. The only real difference this makes to legitimate ERC claims is that the processing time will be affected while the IRS cracks down on illegitimate claims and improves its processes.

While all of the POS systems we’ve named have benefits, the decision should ultimately come down to what kinds of features your small business prioritizes. If you’re looking for one of the best free POS systems, Square or Zettle should be near the top of your list.

Instead of waiting up to a year or longer to receive an Employee Retention Credit refund check from the IRS, business owners are seeking ERC loans. With an ERC loan, a lender provides a percentage of an ERC refund (typically up to 65% of the refund amount) upfront so businesses have quick access to capital.

The Employee Retention Credit is a refundable tax credit. It is not a loan and does not need to be repaid. However, ERC loans and advances taken from an ERC lender will need to be repaid according to the terms in your contract.

Businesses are required to carry workers’ compensation in all states except Texas. In many states, workers’ comp is required as soon as you hire your first employee. Other states tie coverage requirements to the number of employees you have. Talk with a licensed insurance agent to make sure you have the coverage you need.

If Toast seems pricey or too restrictive, check out one or more of the restaurant POS systems on this list. Most of them offer a free trial or free demo that you can use to test out the system before committing. A lot of these Toast competitors offer month-to-month contracts (or no contracts at all) making it easier for you to move between systems if needed to find your perfect fit.

Every small business has different needs when it comes to capital, so the best unsecured line of credit for one company may differ from that of another. While you always want to minimize the cost of borrowing in terms of interest rates and fees, you’ll also want to keep in mind whether your needs or long- or short-term, and how quickly you need access to your money.

The best restaurant POS for Canada can fit into the budget of a small business owner while also providing a feature set without any major gaps. Some key features for Canadian restaurant owners to look for in a point of sale system are mobile ordering, delivery integrations, and intuitive hardware options. Take a look at our choices for the best POS restaurant systems in Canada.

The best credit card for your LLC depends on your needs and business circumstances. Many LLCs will find Chase’s Ink Business credit cards to their liking. LLCs facing credit challenges will want an LLC credit card for fair credit or a secured business credit card. And if your LLC has iffy credit but strong financials and/or equity investment, a corporate credit card like Ramp or Brex may be what you need.

Laundromat software and POS systems must have specialized features for everything required to run a successful laundry business. These features include in-person transactions, inventory management, and tracking for services like dry cleaning or wash and fold.