By performing a rental market analysis (RMA), investors gain valuable insights into a property’s income potential. An RMA involves in-depth research on comparable rental properties—scrutinizing local amenities and calculating formulas that include average rental rates. This meticulous examination of data reveals whether a property is likely to generate positive or negative cash flow and aids…
Ultimate Guide
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…
Vacant Home Insurance: Providers, Cost & Coverage
Vacant home insurance covers homes that are unoccupied for an extended period. It typically costs 50% to 60% more than your traditional home insurance policy, or around $2,170 yearly. Vacant home insurance costs more than traditional home insurance because unoccupied properties have a higher risk of exposure to weather damage, theft, and vandalism. We evaluated…
Hiring Employees in China: What US Employers Need to Know
China has a fast-growing economy and hundreds of millions of highly skilled workers, which can help your organization grow at a fraction of the cost you’d pay your domestic workers. This makes it appealing for US employers when hiring employees in China. However, it’s illegal for foreign employers to hire in China, and to comply…
Customer Satisfaction Survey Templates & Top Questions to Ask
Businesses that regularly collect customer feedback outperform businesses that don’t. Using CSAT surveys is easy and can give you immediate, actionable feedback.
A customer satisfaction (CSAT) survey is a questionnaire that businesses send to shoppers after they have made a purchase or received a service from your business. It is designed to capture sentiment around a particular product or experience rather than overall loyalty to your business. We’ve included two downloadable survey templates just below. Our guide…
PCI Non-compliance Fee: What It Is & How To Avoid It
A PCI non-compliance fee may be charged by merchant services providers or payment processors when a business does not meet minimum security standards when processing card payments. Fees range from $20 every month up to $5,000 or more, depending on the details of non-compliance and security breach, if any. These security standards—known collectively as the…