Kymberlin started contributing to Merchant Maverick as a freelancer in 2022 and joined the team as the full-time small business health insurance expert in 2023. She earned her Bachelor of Arts in Creative Writing from Pacific University in 2020 and continues to reside in Portland, Oregon.
At its most basic, a business insurance quote is a document that shows what you could expect to pay for a policy from an insurance provider. Each business quote will be different due to the unique needs of each business and factors such as industry, number of employees, past insurance claims, and deductibles.
While small business health insurance is an additional expense for your business, the benefits for both you and your employees are likely worth the cost. Potential tax benefits for your business and happier and more productive employees make adding health insurance as a benefit a win-win for your small business.
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.
Even though you are not legally required to purchase health insurance for a single employee by law, there are still great reasons to offer health benefits. Health insurance is not a trivial purchase — your employees work harder and better when they feel protected and healthy. Now, with the addition of the tax benefits and expanded options, it’s easy to finally make it happen.
Health care is daunting, complicated, and time-consuming. So, for small businesses without a large HR department, navigating the health insurance process can suck up time and energy that you simply don’t have. Check this complete guide on small business health insurance.
The best food delivery POS systems for your restaurant include Toast, Revel, Lightspeed, Square, Shopify, Vend, Lavu, and Clover.
Afterpay is one of several popular BNPL providers that offer short-term loans to your customers and pay you the total purchase price upfront, taking on all the financial risk for merchants. Read on if you want to know how Afterpay works, how it’s different from other BNPL options, and whether this BNPL solution is the right one for your eCommerce business.
If you’re still wondering if you need a business bank account, the answer lies in understanding the differences between personal and business banking. A business account simply is better suited than a personal account for running a business. Find out more about why you need to ditch your personal account and sign up for a business checking account to run your small business.
With the world slowly reopening and returning to some semblance of normalcy, wineries could see a spike in both sales and visitors and need to prepare for whatever the next trend is within the industry. Here’s where an excellent wine-focused point of sale system can come in handy.
Lenders want borrowers to pay as much interest as possible, which is why some loans discourage and penalize early payment through the use of prepayment penalties. However, using the strategies outlined in this article, you may be able to make prepayments on your business loan while avoiding or minimizing any penalties, even if your loan does include a prepayment penalty.
Seed funding can be any amount of money, from any source, that helps move a business from the conceptual phase to the implementation phase. Seed funding is typically a small amount of money relative to the scope of the business proposal and often comes from personal sources like family and friends.
Selling a business can be a lot more complicated than it might seem at first glance. In this post, we’ll dig into the hows and what-ifs you’ll want to explore before, during, and through the transitional phases. Understanding the basics and planning can help you avoid falling into some of the common pitfalls that may spring up during the process of a business sale.
Finding the best scheduling software for your small business starts with knowing what’s out there. You may be surprised to find that there’s quite a bit of overlap with payment, CRM, and booking software tools. That’s why each option on our list has a specific focus so that you can find your perfect match.
With a passion for education, a love of working with students, and specialized skills to share, you can go far as a tutor and especially as the owner of your own online tutoring business. Read on to learn how to make an online tutoring business plan and eight simple steps to get you on your way to owning your own business!
Sadly, as the global COVID-19 pandemic wreaks havoc on our world and our institutions strain to cope with it all, scores of businesses are facing the excruciating reality that remaining in operation just isn’t feasible. As terrible as it is, there are steps you need to take to ensure that the pain of closing your business isn’t even more devastating to your employees and your finances than it needs to be.
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The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.
Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.
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