MoneySmall Business

How Much Is Malpractice Insurance?

What is malpractice insurance? Malpractice insurance is insurance that protects doctors, lawyers and other professionals from liability for events that injure or kill patients or clients. Many states require physicians and other professionals to have malpractice insurance.
MoneySmall Business

Small Business Loans NYC: Your Local Funding Guide

Small business loans for New York City small businesses can come from many sources—from local government-guaranteed programs to national banks that lend especially to NYC businesses, options abound for NYC business owners who need access to small business funding. Top 6…
MoneySmall Business

EIDL: What Are Economic Injury Disaster Loans?

An Economic Injury Disaster Loan, or EIDL, is a 30-year loan of up to $2 million from the Small Business Administration for small businesses that are in disaster areas and can’t pay their ordinary and necessary operating expenses. The interest rate can’t exceed 4%. How…
MoneySmall Business

Square Fees: What Are the Costs?

Square costs fall into one of three categories: per-use fees for payment processing, a monthly subscription cost for software and the price of any Square hardware you buy. The basic Square point-of-sale app is free to use. You’ll only pay the standard transaction fee of…
MoneySmall Business

Best Free Inventory Software and Apps of 2022

Inventory management software is an important part of starting and running a business, but it can be really expensive. These free inventory software options will help you keep costs down, and they actually work. Sure, they may not all have the bells and whistles of software…
MoneySmall Business

Small-Business Outlook: 6 Predictions for 2022

Small-business owners looked to 2021 as a chance to rebound and rebuild from nearly a year of coronavirus-induced losses. Instead, many were dealt repeated blows with supply chain backups, unfilled “hiring” signs and renewed restrictions and mandates. The year wasn’t a…
MoneySmall Business

What Is Tail Coverage for Business Insurance?

Tail coverage is an add-on for certain business insurance policies that can give you additional time to file a claim. It’s sometimes known as tail insurance or an extended reporting period. You’ll have to pay extra to add tail coverage to your business insurance. But if…
MoneySmall Business

How to Start an Insurance Company

Starting an insurance agency is a lot like starting any business. You’ll need to choose a business structure, register and license your business, get insurance and more. But you’ll also need to become a licensed insurance agent and learn how to navigate a highly…
MoneySmall Business

What Is Square?

Square makes software and hardware that helps small businesses run, including a point-of-sale system and services for payment processing, administering payroll, customer engagement and employee management. Square also offers banking services and small-business loans.
MoneySmall Business

How to Get Cheap Business Insurance

The cost of small-business insurance can vary widely. Taking the following steps can help you find cheap business insurance that still provides the protection you need. Here’s how to start your search for cheap small-business insurance. » MORE: Business insurance…