A surety bond is a financial coverage guaranteeing the performance of contractual obligations or legal compliance by the party who purchases it. A bond can be requested, legally required, or purchased to show reliability. Surety bonds can serve many purposes, but the ones available are dependent on the project and specific industry. The Hartford is…
Ultimate Guide
Liquor Liability Insurance: Costs & Coverage
Liquor liability insurance provides liability protection for businesses that sell and serve alcohol and helps with claims that come from intoxication. Whether the claim is for damage or injury, the business can be legally liable for providing alcohol to the intoxicated customer. Liquor liability can be expensive, with the cost potentially ranging from $200 to…
Email Marketing for Small Business: Overview, Costs & Benefits
Email marketing isn’t just a buzzword or a passing trend. It’s a tried-and-true strategy known to help brands reach more people effectively, even for small businesses with limited resources. Below you’ll find an overview of email marketing for a small business, including some of the nuances of how campaigns work, where they fit in your…
What Is Public Liability Insurance?
Public liability insurance protects a business if a third party, like a customer, claims they were injured or have property damage because of the insured business. In the U.S., public liability is an older form of liability that most insurance companies no longer offer, having rolled its coverage into the broader commercial general liability (CGL)…
Leadership Training for Employees & 10 Topic Examples
Converting employees into influential leaders is crucial for the success of any business. To do this, it’s important to provide leadership training for your employees that provides a platform for them to develop essential leadership skills and qualities that focus on critical thinking, problem-solving, decision-making, and communicating. What is Leadership Training? Leadership training refers to…
Shopify Hardware: Ultimate Guide for Small Businesses
Shopify is an ecommerce platform that supports in-person sales through its POS system. We even named Shopify as the best POS system for retail and ecommerce for multichannel sales in our guide to the best POS systems for 2023. If you have a Shopify ecommerce subscription, you already have access to Shopify’s basic POS system….
Project Management: A Guide for Small Business
Project management (PM) is the process of planning and managing a project to accomplish predetermined objectives. Projects vary, from mounting a launch event to developing new software solutions to anything else teams and businesses want to accomplish. In a nutshell, managing a project involves setting goals, identifying tasks, overseeing the progress, and guiding the team….
POS Data Analysis: What It Is & How It Drives Growth
While your point-of-sale (POS) system helps you manage multiple aspects of your business—everything from inventory and product management to marketing and staff optimization—it also gathers a ton of valuable information in the process. If you take the time to look at this POS data and analyze it to spot trends and patterns, you’ll find many…