A B Corp, or Benefit Corporation, is a for-profit company that has received certification from B Lab for upholding high standards in terms of ethics and environmental and social impact in their business operations. Basically, B Corps are companies with a conscience or a commitment to corporate social responsibility (CSR). Registering your business as a…
Ultimate Guide
Diversity Hiring: A Guide to Improving Diversity in Your Business
Creating recruitment, candidate evaluation, and hiring practices that attract a diverse set of high-quality candidates are all concepts of diversity hiring. It’s not just about casting a wide net or hiring from underrepresented demographics, but also about removing biases from your processes and ultimately finding the best candidates that infuse your workplace with energy and…
The Ultimate Guide to Temu Dropshipping
Dropshipping can be a low-cost way to start selling online as you don’t have to worry about holding physical inventory. A third-party manufacturer or wholesaler handles product development and order fulfillment. With the availability of several suppliers and tools, Temu is one platform that is piquing dropshippers’ interest. Temu is appealing and highly popular because…
New Jersey (NJ) Small Business Insurance Guide
Appropriately named the Garden State, New Jersey’s robust small business economy includes nearly 10,000 farms. Whether it is a farm or a transportation company, small businesses are a significant part of New Jersey’s growing economy—driving small business insurance in New Jersey as a key part of a successful business plan. While not every coverage is…
Equipment Leasing: A Guide for Small Business Owners
As a business owner, you can use equipment leasing to acquire business-related equipment without the need to purchase or own it long-term. Leasing can be a good option if you only have a temporary need for the equipment, anticipate the need to upgrade it regularly, and don’t have funds for a large down payment to…
The Ultimate Guide to Customer Service Automation
Since the optimization of artificial intelligence (AI) in the business space, there has been an increasing demand to expand automation in customer service. Although AI is not particularly new in customer support, especially with the rise of chatbots, more people equate an automated customer service (CS) system with reliability and satisfaction. Learn the customer service…
SBA Disaster Loans: Everything You Need to Know
SBA disaster loans are designed to provide financial assistance to businesses that have been impacted by a qualifying declared natural disaster. This can include hurricanes, tornadoes, floods, and wildfires. The SBA has several disaster loan programs, and funds can generally be used for repairs, payment of business debts, daily expenses, and other costs that must…
FDIC Insurance for Business Accounts: What It Is & How It Works
The Federal Deposit Insurance Corporation’s (FDIC) main role is to protect money on deposit with an insured bank in the unlikely event of a bank failure. It also maintains stability and confidence in the nation’s financial system, and it insures each depositor at an institution up to $250,000. Periodic audits are done on all participating…