Investment property financing allows you to acquire residential real estate for investment purposes. This can be in the form of a short- or long-term investment, such as a fix-and-flip or fix-and-hold property. Different types of loans can be considered for investment property financing. Common examples include conventional mortgage loans, owner financing, home equity loans (HELOANs),…
Ultimate Guide
Staffing Agency Insurance: Cost, Coverage & Companies
Staffing agency insurance is a policy (or policies) protecting a staffing agency from claims of negligence through investigation and defense. It also helps repair or replace damaged property. As a business in the service sector, professional liability will be the most important coverage for a staffing agency, and professional liability costs for a staffing agency…
Cannabis Insurance: Cost & Coverage in 2024
Cannabis insurance is a specialized business insurance policy that protects marijuana businesses from the common risks of liability or damage to their property. Its costs are higher than in other industries because of the risks associated with the product and its status as a Schedule I controlled substance. A liability policy, for instance, can range…
SBA 504 Loan: What It Is & How It Works
504 loans offered through the Small Business Administration (SBA) are designed to provide funding for fixed assets that help in the creation of jobs or business growth. Some examples of allowable uses include the purchase or construction of land, buildings, machinery, and other equipment. An SBA 504 loan has two separate funding sources: Certified Development…
TikTok Live Shopping: What You Need to Know in 2024
TikTok live shopping is an immersive shopping experience for TikTok users that can yield high conversion rates for your business if done right. It’s a great way to promote your brand, build awareness, engage with your audience, and, ultimately, boost sales. This guide walks you through the different aspects of running a TikTok live stream…
Commercial Auto Insurance: Cost & Coverage
Commercial auto insurance is an important policy for any business with vehicles and is required if your business owns a vehicle—covering damages and injuries from accidents. The damage can be to other vehicles or property and even the cost to clean up a crash scene. This type of insurance can include multiple coverages for first-…
TikTok Dropshipping: 2024 Ultimate Guide for SMBs
TikTok is a social and ecommerce powerhouse with about 150 million users in the US.[1] In addition, 37% of TikTok users have bought something from the platform.[2] If you’re looking to cash in on the TikTok ecommerce phenomenon, you can start selling on TikTok without investing in products upfront. The dropshipping business model lets you…
Private Label Playbook: Ultimate Guide for SMBs (2024)
Private labeling is when a manufacturer produces goods or products for another company to sell under its own brand name. It could be a viable option if you want to start a retail business but have no idea about the product development process—all you need is a product idea, and you can find a manufacturer…