A point-of-sale (POS) system combines hardware like touch-screen displays and credit card terminals with software tailored to accept payments and track sales. The hardware you need is dependent on the POS software you use, so it’s important to choose a POS software system before purchasing hardware. But it’s equally important to know that your preferred…
Liquor liability insurance provides liability protection for businesses that sell and serve alcohol and handles claims arising out of the actions of an intoxicated patron. Whether the claim is for damage or injury, the business can be legally liable for providing alcohol to the intoxicated customer. The cost of liquor liability can range from $200…
Restaurant food suppliers keep restaurants stocked with safely produced and transported foods and beverages. Ordering from suppliers gives restaurants price breaks on staple ingredients, prevents them from paying unnecessary tax on goods they intend to resell, and enables most restaurants to pay for supplies after they have earned a profit. Food suppliers are also a…
Limited liability company (LLC) insurance is a set of policies that LLC owners buy to protect their financial assets. Each policy covers a different type of risk, but the most common ones include general liability and commercial property. Most LLCs can combine these coverages into a business owner’s policy (BOP) that can cost $450 to…
Workers’ comp insurance for self-employed is a policy business owners buy for themselves in case they’re injured while performing job duties. The policy pays for lost wages and related medical bills, allowing the self-employed business owner to keep their business afloat while recuperating. Most self-employed contractors should strongly consider purchasing this policy. Simply Business, a…
Handyman insurance is a combination of policies, the most common ones being commercial property and general liability. These coverages provide protection for your business against property loss and legal fees if you’re sued for injuries, have to pay for property damage, or replace your property. General liability and commercial property handyman insurance costs anywhere from…
The best trucking business loans should have an easy application process where businesses can get competitive loan terms. This should include rates, fees, and a variety of payment schedules. These providers should also offer flexible qualification requirements for startup businesses or borrowers with bad credit. Here are the six best trucking business loans for 2023:…
A business credit score is a number calculated by a credit bureau that reflects the credit health of a business. It uses past credit history to show current credit risk and predict future credit risk. The four most common business credit scores are those from Dun & Bradstreet (D&B), Experian, Equifax, and the FICO® Small…
