If a disaster has caused damage to your business and you couldn’t get a loan, a Small Business Administration (SBA) disaster loan, an affordable financing method, can give you the funding needed to restore operations as quickly as possible. Many types of SBA disaster loans have rates below 4% with repayment terms of up to…
Ultimate Guide
How Payroll Outsourcing Services Work: Ultimate Guide
Outsourcing payroll can be an easy way to save time and money. Rather than tracking and calculating employee payroll by hand or using spreadsheets, you can hire a bookkeeper, use an accountant, or work with a professional employer organization (PEO). Many small business owners outsource their payroll and HR because of how complicated and time-consuming…
Common Invoice Payment Terms and Tips on Setting Them
Most companies will set payment terms to ensure that they’re paid on time, with the most popular terms being 30 days (or Net 30). Setting payment terms is an essential part of accounts receivable (A/R) management, and making terms transparent to customers by displaying them on every invoice that’s issued is an important bookkeeping task….
How to Lease a Retail Space in 6 Steps
Leasing or renting a retail space requires careful planning, as the space you choose will not only be one of your most significant operating costs but will determine your location, product quantity, storage, and store layout. To effectively rent a retail space, you need to set a budget, look for a few quality options, and…
Swim Instructor Insurance: Best Providers, Cost & Coverage
Swim instructor insurance is a policy providing liability coverage for someone who directly oversees training. The providers of this insurance sometimes lump swim instructors into “sports instructors,” which cover a range of athletic activities, so insurance options vary widely. Also, some insurers offer a policy that carries both general and professional liability insurance, but general…
Everything You Need to Know About TV Advertising Costs
If you’ve ever wondered how much a 30-second commercial costs, the short answer is: a lot. TV advertising costs are well-known to reach atmospheric heights, with 30-second Super Bowl ad pricing from $6 to $7 million in 2023. But this is far from average—you can run TV commercials for as little as $1,000 a month…
Rest & Lunch Break Laws: An Ultimate Guide
Rest and lunch break laws vary by state, so depending on where your company operates, you may be obligated to provide breaks to employees. To help you understand these laws and ensure your business complies with federal, state, and local break laws, we’ve put together this ultimate guide. Where state law is silent about breaks,…
Investment Property Financing: What It Is & Who It’s Right For
Investment property financing is used to acquire residential real estate for income purposes. Financing options can include conventional mortgages, owner financing, home equity loans, and hard money loans. Income is commonly earned by using the property as a rental or by conducting renovations and reselling it for a profit. Properties that can qualify for investment…