Personal and advertising injury coverage protects your business against claims, typically involving an infringement on a third party’s rights or intellectual property. It can cover libel, slander, and copyright infringement. Coverage is included in a commercial general liability (CGL) policy and, in the event of a claim, provides defense up to your coverage limits. How…
What is
What a Favicon Is & How to Use It (+ Design Tips & Examples)
Favicons are a valuable digital marketing asset. They help visually identify your business in the vast realm of the internet. Though tiny, they’re definitely mighty and can help increase your brand awareness and improve the user experience on your website. Keep reading to learn more about what a favicon is, why it is valuable, and…
What Is IVR? How It Works & Benefits for Small Businesses
Interactive voice response (IVR) is a voice-over-internet-protocol (VoIP) technology that helps callers access information or technical experts to resolve concerns. It’s best for businesses and contact centers that experience high call volumes and are looking to reduce wait time while improving quality service. In this article, we answer, “what is IVR?” and explore how it…
What Are Liabilities in Accounting? With Examples
In accounting, liabilities are debts your business owes to other people and businesses. Examples of liabilities include bank loans, IOUs, promissory notes, salaries of employees, and taxes. Liabilities are on the right side of the balance sheet, and these accounts have a normal credit balance. It means that crediting liability accounts increases their balances while…
Fulfillment Centers: An Ultimate Guide for Small Businesses
A fulfillment center is a third-party service provider that manages inventory, processes orders, and ships packages for other businesses. The term fulfillment refers to all supply chain functions related to receiving, processing, and delivering customer orders. For many ecommerce retailers, the strain of handling fulfillment operations in-house leaves them at a loss for crucial resources…
Ban the Box Laws: An Ultimate Guide for Small Businesses
Ban the box laws prohibit employers from asking about a candidate’s criminal history on a job application. The “box” referred to is literally a box on job applications that asks if a candidate has ever been convicted of a crime. The idea is to give every applicant a fair shot at getting a job when…
What Are Source Documents in Accounting?
In accounting, a “source document” refers to any document that substantiates and evidences a transaction. It’s important to retain and organize these documents to research problems or questions that arise concerning transactions. You also might need to provide these to the IRS if it audits you or questions anything related to your tax return. 1….
Third-party Delivery Services: Pros/Cons & How They Work
Accelerated by the events of 2020, when dining rooms shut down overnight, the use of third-party delivery platforms such as Uber Eats and DoorDash has become ubiquitous in the food industry. In 2022, 75% of independent restaurants used third-party delivery. These services offer convenience and improved customer satisfaction but can also challenge food business operators…