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)…
Ultimate Guide
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…
Painters Insurance: Cost & Coverage
Painters insurance is one or several policies you purchase to protect your business from the financial loss that can result from a claim. The two most common types of painters insurance are general liability, which protects your business against claims that your operations caused harm or damage to a third party, and inland marine, which…
Extending Credit: A Primer for Small Business Sellers
Extending credit to customers allows them to purchase goods and services and pay for them later on. Offering credit is often a win-win for both merchants and buyers and having a formal credit policy is among the most important best practices for managing accounts receivable. To establish an effective credit policy, it’s important to communicate…
Foreclosure & REO Listings: Differences & How to Get Them
Foreclosure and real estate-owned (REO) properties mean owners are in unfortunate financial situations and can no longer afford their properties. This presents an opportunity for real estate agents to get new listings, help people in need, and improve their community by finding the right buyer or investor. To learn how to get foreclosure listings, you…