Kymberlin started contributing to Merchant Maverick as a freelancer in 2022 and joined the team as the full-time small business health insurance expert in 2023. She earned her Bachelor of Arts in Creative Writing from Pacific University in 2020 and continues to reside in Portland, Oregon.
At its most basic, a business insurance quote is a document that shows what you could expect to pay for a policy from an insurance provider. Each business quote will be different due to the unique needs of each business and factors such as industry, number of employees, past insurance claims, and deductibles.
While small business health insurance is an additional expense for your business, the benefits for both you and your employees are likely worth the cost. Potential tax benefits for your business and happier and more productive employees make adding health insurance as a benefit a win-win for your small business.
You need a loss run report to negotiate lower premiums with your existing or new insurance provider, determine risks associated with running your business, and establish a plan to help mitigate potential hazards.
Even though you are not legally required to purchase health insurance for a single employee by law, there are still great reasons to offer health benefits. Health insurance is not a trivial purchase — your employees work harder and better when they feel protected and healthy. Now, with the addition of the tax benefits and expanded options, it’s easy to finally make it happen.
Health care is daunting, complicated, and time-consuming. So, for small businesses without a large HR department, navigating the health insurance process can suck up time and energy that you simply don’t have. Check this complete guide on small business health insurance.
Credit bureaus arose to help lenders quickly gauge the reliability of a potential borrower. In the past, you could go to the good ol’ general store and the owner would know you, your character, and whether or not putting your items on “charge” (or on credit) was a good idea. That method may have worked in the past, when communities were small and isolated, but there had to be a better way moving forward. Thus credit bureaus were born.
Lenders like to know exactly how you plan on using the money they may potentially lend to you. If you’ve made successful investments in the past, like purchasing additional equipment that increased your sales revenue by 25%, and are planning on purchasing more equipment with the loan your applying for, be sure to tell your lender! It will demonstrate that you’re experienced in business and that you’re likely to increase your cash flow (which a lender hears as “we’re getting our money back”).
Do you have poor credit? Or even fair credit that you want to improve? Your personal credit score can impact not just your personal finances, but also your opportunities for small business loans and other forms of financing.
The decisions you make, the research you do, and the experiences you have with the POS system support team are all going to impact your journey to finding the right POS system.
You’ve got bookshelves full of books — but do you have a POS system to track all those sales? Here are 5 great bookstore POS systems to check out, complete with inventory management, eCommerce support, and more!
What types of reports should you look for when choosing a POS? Or, if you already have POS software, which are the most important reports to pay attention to? Read on for a rundown of the top standard POS reports and a sample of systems that provide these reports.
Before you even begin researching or trying to figure out how much you can afford, you need to ask yourself if a loan is right for your small business. Just because you can afford to take one out doesn’t mean you should.
The debt-to-income (DTI) ratio is a financial tool used to measure the relationship between a person’s debt and income. The DTI ratio is calculated by dividing recurring monthly debt payments by gross monthly income.
Chances are, if you’ve done your research, you’re looking into at least a few systems that are Android, iPad, or tablet-based. Tablet POS systems can be a server or manager’s best friend. Read on for an in-depth look at some of our favorite restaurant tablet POS systems.
Wondering if it’s time to switch over from cash-only to credit card payments for Girl Scout cookie sales? Check out our handy guide to accepting credit card payments and the best options for Girl Scouts
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The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.
Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.
Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
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