Business insurance is protection for any potential threats, accidents, or lawsuits that impact your organization. Insurance reduces the potential financial losses you may accrue if a natural disaster destroys your equipment or a customer sues your company for negligence. While you might buy a single business insurance plan, it will cover various aspects of your operations and … [Read more...] about How Much Does Business Insurance Cost?
Articles
How Much Home Can I Afford?
Before you start looking at houses, it's important to have an idea of how much you can afford. Several factors contribute to your monthly payments and overall budget. Elements like your down payment, credit score, monthly income, and interest rates all play a role in your housing costs. Whether you are searching for a starter home for yourself, investing in property with a … [Read more...] about How Much Home Can I Afford?
Investing in Startups: Benefits, Tips, and Strategies
A startup is a new company that is founded by one or more entrepreneurs. It’s usually in its early stages of operation, which means the founders are growing their customer base and developing new products. Investing in a startup allows you to buy into a new business that could potentially become a major enterprise. You can either take a passive role in this investment or … [Read more...] about Investing in Startups: Benefits, Tips, and Strategies
How Do You Pay Your Taxes? Options, Strategies, and Requirements
If you owe money to the Internal Revenue Service (IRS), it’s in your best interest to start making payments immediately and eliminate this debt. The IRS charges significant fines to people who do not pay what they owe. Interest, along with failure-to-pay penalties, could cost up to 47.5% of the tax that you owe. If you file your taxes more than 60 days late, you could be … [Read more...] about How Do You Pay Your Taxes? Options, Strategies, and Requirements
Asset-Based Lending: How it Works & Getting Started
Asset-based lending is a type of financing that uses a company’s assets as collateral for a loan. Unlike traditional loans that focus on a company’s creditworthiness and cash flow, asset-based loans are secured by the company’s assets. This means that if the company is unable to repay the loan, the lender can seize and sell the assets to recoup their losses. This form of … [Read more...] about Asset-Based Lending: How it Works & Getting Started