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…
Ultimate Guide
POS Hardware: Best Options for Small Business
A point-of-sale (POS) system combines hardware like touch-screen displays and credit card terminals with software tailored to accept payments and track sales. The hardware you need is dependent on the POS software you use, so it’s important to choose a POS software system before purchasing hardware. But it’s equally important to know that your preferred…
Handyman Insurance: Cost & Coverage
Handyman insurance is a combination of policies, the most common ones being commercial property and general liability. These coverages provide protection for your business against property loss and legal fees if you’re sued for injuries, have to pay for property damage, or replace your property. General liability and commercial property handyman insurance costs anywhere from…
What Is a Business Credit Score and How It Works
A business credit score is a number calculated by a credit bureau that reflects the credit health of a business. It uses past credit history to show current credit risk and predict future credit risk. The four most common business credit scores are those from Dun & Bradstreet (D&B), Experian, Equifax, and the FICO® Small…
Ultimate Guide to Yelp for Business Owners
is one of the largest user-generated review sites. Consumers use Yelp to find local businesses across various categories, such as restaurants, bars, shopping, entertainment, electricians, plumbers, contractors—and just about any other local service. To use Yelp for business effectively, build your free profile, respond to all reviews and inquiries, and use enhanced features and ads…
The Ultimate Guide to Customer Service for Small Business
Customer service is the assistance you provide customers through their entire purchasing journey. This should be a part of every business strategy because satisfied customers translate to more sales, repeat purchases, and referrals. Here, we explore the importance of customer service, its difference from customer support, and the members and qualities of a good service…
How To Do Payroll in the Philippines: Ultimate Guide
Handling payroll in the Philippines is a bit different from doing payroll in the US. For instance, one big difference is that every US employee has a Social Security number, which is used to track the employee’s wages and tax requirements; meanwhile, in the Philippines, each employee has a tax identification number (TIN), which must…
Pre-tax Deductions & Post-tax Deductions: An Ultimate Guide
As a small business owner or payroll professional, you need to be aware of payroll tax deductions, including both pre- and post-tax deductions. As the names suggest: Pre-tax deductions are those deductions subtracted from an employee’s pay before taxes are withheld (including health plan and life insurance contributions). Post-tax deductions refer to deductions taken from…