Since its launch in 2022, Temu has surged to be a leading ecommerce marketplace and the most downloaded app in the US[1]. Known for dirt-cheap prices, free shipping, and free stuff, Temu hasn’t been without controversy. Just months after its US launch, two separate class action lawsuits about data privacy and malware were filed against…
Ultimate Guide
Commercial Bridge Loans: What They Are & How They Work
A commercial bridge loan is a type of short-term financing commonly used to purchase real estate. These loans are typically used if traditional long-term financing is not an option, which can occur if the borrower has bad credit or the property needs repairs. Commercial mortgage bridge loans have eligibility criteria that are often easier to…
Retail Inventory Management: Definition & 5 Best Practices
Retail store inventory management is about stocking products buyers want, pricing and promoting to sell those products at a profit, and maintaining stock levels that meet demand without over-purchasing. As a retailer, you know that your merchandise is the crux of your business, so creating an accurate and efficient system to manage products will play…
AI in Retail: Ultimate Small Business Guide
Artificial intelligence (AI) is technology that employs machine learning and automation to make decisions and solve problems like a human would. This technology is more common than ever in the retail landscape, with online chatbots, AI-driven inventory and vendor management, and marketing materials and shopping experiences personalized by the technology. The AI wave won’t be…
Daycare Insurance Costs, Coverage & Best Insurers
Daycare insurance is an important part of a successful daycare, protecting your business from claims of negligence or first-party losses to your business property. The two most common policies for childcare insurance are general liability and commercial property insurance. While the price can vary depending on coverage, a general liability policy can range from $495…
Babysitting & Nanny Insurance: Cost, Coverage & Companies
Nanny insurance refers to policies for individuals who care for children in a residential setting and protects their assets by covering risks common to the profession. These risks all fall under general and professional liability, two of the most common policies. Nanny insurance can also refer to the policies a household should purchase for a…
What Is Invoice Factoring? Everything You Need to Know
Invoice factoring is a type of business financing that allows a company to get an advance on funds to cover its unpaid invoices. It can help your business with cash flow, as you don’t have to wait for customers to pay an invoice. The invoices are assigned to a factoring company, which will then provide…
16 Venture Capital Advantages & Disadvantages
Before pursuing venture capital funding for your business, you should consider the various pros and cons and how they may be applicable to your company. We’ve compiled a list of venture capital advantages and disadvantages for your consideration. For more information, refer to our guide on what venture capital is and how it works. Advantages…