Dance instructor insurance can either be a policy (or combination of policies) that protects your business against liability claims and first-party losses. Whether you’re an independent instructor offering classes or a business owner looking for dance studio insurance, make sure your business is protected. The best policy for dance studios is a business owner’s policy…
Ultimate Guide
What Is DJ Insurance and How Much Does It Cost?
Disc jockey (DJ) insurance refers to any policy that protects professional DJs from business losses related to claims. Depending on the carrier, DJ liability insurance typically costs $180 to $740 annually for general liability. However, most DJs can expect to pay in the lower price range for the average for DJ insurance. How DJ Insurance…
Interior Designer Insurance: Cost, Coverage & Providers
Interior design insurance is any policy or combination of policies that protect your business from financial loss from a claim of negligence or other types of loss like a fire. The primary policy for an interior designer is professional liability, followed by general liability and first-property coverage, like inland marine and commercial property. Professional liability…
Payroll Outsourcing Services: An Ultimate Guide
Payroll outsourcing 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 professional employer organization (PEO), a national or local bookkeeper, or an accountant who will handle payroll for you. Many small business owners outsource their payroll and HR…
Ultimate Guide to SBA Form 413: What It Is & How to Fill Out
SBA Form 413 is commonly referred to as an “SBA Personal Financial Statement” and is a document representing a borrower’s financial position.
Essentially, Form 413 outlines your financial status across various accounts, income, assets, liabilities, etc. It provides the participating lender with information regarding your overall creditworthiness. It’s one element of the lending decisioning process that can play a major role in your approval status since it can be used to evaluate whether or not you’re able…
Product Liability Insurance: Cost & Coverage
Product liability insurance protects your business from any financial harm you may face from claims that your product caused bodily injury or property damage. This insurance applies to any product you manufacture, distribute, or sell. Product liability costs vary depending on the business, but premiums can range from $250 to $2,000 annually. You can purchase…
Point of Sale (POS) Hardware Guide
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 POS hardware you need is dependent on the software you use, so it’s important to choose a suitable software system before purchasing any devices. But it’s equally important to know that your…
AI in Accounting: Trends & Uses [+ Examples]
Artificial intelligence (AI) is slowly reshaping the landscape of the accountancy profession and accounting industry. AI pushes accountants to embrace a more strategic and data-driven role in business management, rather than the traditional routine and mundane tasks. Though AI poses a threat to job security in other fields, accounting professionals have nothing to worry about…