Similar to commercial general liability and commercial auto liability insurance, commercial umbrella insurance will cover legal costs, medical bills, damages to other property, judgment-issued payments, and settlements. The difference is that umbrella insurance acts as additional coverage for businesses if they have exhausted the coverage limits on their primary insurance policies. How Commercial Umbrella Insurance…
How to Send a Square Invoice in 9 Steps
There are many ways to get paid with Square—one of those being invoices. Sending a Square invoice is free and allows your customer to pay immediately. Each invoice payment comes with a fee of 2.9% plus 30 cents per transaction. In this article, we’ll walk you through how to send an invoice with Square, an…
How to Set Up & Use Your Grasshopper Phone in 5 Steps
Grasshopper is a virtual phone number provider that requires an existing connected smartphone or computer to use the system. The great thing about this phone service is that it’s simple to set up and use. To start using the service, you need to choose a plan and a phone number, download the app, select a…
The Ultimate Square POS Setup Guide
Square is a free point-of-sale (POS) app that uses a credit card reader and your phone or tablet to process payments. The Square POS system includes features like inventory management, customer directories, and sales reports to help retailers manage their business. 1. Choose Which Square POS Is Right for You This guide focuses on Square’s…
What Is a Surety Bond?
A surety bond is a type of financial coverage that is designed to guarantee the performance of contractual obligations by the contractor who purchases it. A bond is generally required by the owners of the project for the primary contractors to purchase but can also be required by general contractors for subcontractors to purchase. Surety…
How to Select and Design Retail Lighting in 5 Steps
Retail lighting includes all light sources you use to make your space visible and highlight products or areas of your store. You can create a retail lighting plan by layering four different lighting types, incorporating several different fixtures, and choosing light bulbs with brightness and tone in mind. In this article, we will look at…
General Liability Insurance Coverage & Cost
Commercial general liability insurance (CGL) protects businesses from financial losses due to third-party claims for bodily injury or property damage, making it one of the most important insurance policies any business will buy. General liability insurance costs vary, but the majority of small business owners pay between $400 and $1,000 per year. What Is General…
Rollover for Business Startups (ROBS): Ultimate Guide 2021
A rollover for business startups (ROBS) allows you to invest funds from an existing 401(k) or individual retirement account (IRA) into your business without paying early withdrawal penalties or taxes. A ROBS is not a business loan nor a loan from your 401(k), which means there are no interest payments to make or debt to…
13 Ways to Use Facebook Marketing for Real Estate Agents
According to the National Association of Realtors (NAR), social media was voted the top source of high-quality leads, and out of all social media platforms, 97% of real estate agents use Facebook to market their business. In general, they do this by utilizing business pages, interacting in groups, or by creating paid ads, making it…
The Ultimate Guide to CRM Integrations
Customer relationship management (CRM) software is designed to help you nurture relationships in every stage of the customer journey—from marketing to customer support. It does this by organizing contact databases and managing sales conversations and pipelines, but it can also be made even more critical to the success of your business by connecting it with…
The Ultimate Guide to Sales Management
Sales management is the process of developing a sales team and training reps to maximize sales performance. This includes implementing sales operations that drive your business forward, developing sales techniques, using the right software and tools, and measuring sales performance. Table of Contents Building Effective Sales Teams Onboarding & Training Your Sales Team Developing Sales…
What to Know Before Opening a Joint Business Bank Account
A joint business bank account offers a convenient way for you and your business partners to consolidate and monitor your business finances. However, since you and your partners will have equal access to your business funds, you have to know the risks and rewards involved with opening a partnership bank account before deciding if this…