Business-to-business (B2B) payments are transactions between two companies, usually for the exchange of goods or services. They are often made through invoices and purchase orders and processed via check, ACH, or credit card. In this guide, we take a look at common terms, payment methods, challenges, and trends in B2B payment processing. Common B2B Payment…
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What AI Content Generation Is & 11 Ways to Use It
AI-generated content is any content generated by artificial intelligence (AI) technology. This can be in the form of text, images, video, audio, and code, and can be used for multiple purposes. AI content is created by AI tools receiving instructional prompts from a human user, scouring the internet for information on that prompt, and generating…
Payment Fraud: How to Protect Your Business
If you’ve lost money due to a chargeback, a fake invoice, or stolen credit cards, then you’re a victim of payment fraud. And you’re not alone. According to Sift’s Q1 2023 Digital Trust & Safety Index, fraudulent transactions cost businesses over $41 billion in 2022—a figure that is expected to increase by 17% in 2023….
The History of VoIP & Its Future
Voice-over-internet-protocol (VoIP) phone systems convert voice into digital signals, allowing you to make calls directly from mobile and compatible devices. They offer cost-effective communication solutions ideal for small businesses as they are scalable, feature-rich, and require little to no maintenance. In this guide, you will learn about the short history of VoIP phone systems, how…
Shift Differential Policy: Small Business Guide (+ Template)
A shift differential policy is a set of guidelines and rules for handling non-mandatory premium pay offered to eligible employees for working hours that deviate from the standard or regular work schedule. A strong policy outlines the details of how the pay is calculated, who is eligible to receive it, the specific shifts or time…
Contractors Insurance Cost & Coverage
Contractors insurance is a policy, or combination of policies, that protect your business from financial harm. This can come from damage or theft of your property or claims by others that during the course of your business, they were harmed or had property damaged. General liability and workers’ compensation are the most common policies. Contractor…
Etsy Seller Fees: How Much Does It Cost to Sell on Etsy?
While it’s free to set up a seller profile on Etsy, there are fees associated with listing and selling products. The main Etsy seller fees are related to listing items for sale, processing payments, converting currency, advertising and promotions, shipping, and optional add-on services and tools. Listing fees start at 20 cents per item, and…
6 General Liability Limits Every Business Owner Should Know
Commercial general liability limits refer to the maximum amount of money an insurance company will pay out on a policy per policy period. The limits are defined in the policy and are listed on the declarations page. Understanding these limits is important for ensuring that you have enough coverage in any given area and are…