Coronavirus Business Support: How Can I Protect my Company?

If you’re looking for Coronavirus business support, you’re not alone – and Hudson Weir Insolvency Practitioners are here to help. The novel COVID-19 coronavirus and resulting lockdowns have impacted heavily on the health and day-to-day life of individuals and families across the globe. Concerningly, the situation is also affecting the health of companies. Almost overnight, companies of all sizes and in all sectors have run into severe difficulties. Here to help you through From the start of the outbreak, the team at Hudson Weir has been inundated with queries from companies that had been profitable and growing – until the coronavirus pandemic.…

2 Easy Steps To Decrease Your Credit Card Processing Fees

Controlling your monthly overhead is the great challenge all small businesses face, no matter what they do. It’s especially vital for retail businesses and those that provide direct service to the public, like auto repair shops and restaurants, because those expenses can add up quickly when you start looking at all the support services and utilities you need to meet your customers in their comfort zone. You’ve got energy expenses and telecommunications for starters, and that usually means both phone and internet.…

Laying Out the Facts: 7 Things Covered by Renters Insurance and 3 That Are Left Out

Renter’s insurance is a policy that protects tenants from financial losses and liabilities. Some property managers and landlords require insurance in the terms of the lease. The policies are helpful for renters that have children and pets in that they free the tenants of common liabilities. However, renter’s insurance doesn’t cover all risks that a tenant could encounter. Reviewing seven things covered by renter’s insurance and 3 that are left out explains it all. What’s Covered by Renter’s Insurance 1. The Renter’s Belongings The renter’s insurance coverage applies to the renter’s belongings that are inside the property.…

7 Misconceptions About Workers’ Comp Insurance

Anyone starting or expanding a business knows how many hurdles you have to cross to operate legally. From safety regulations to taxes to insurance, business owners have to stay up to date on local and federal laws to remain compliant—and to run a healthy business that values its customers and employees. Regardless of the size of your business, you’ll need numerous forms of insurance to comply with the law or to protect your assets. Workers compensation insurance, also known as just workers’ comp, is a generally required form of coverage that many new business owners find complicated.…

4 Financial Tips for Dealing with Unexpected Job Loss

Learning you’re going to lose your job can be a major blow; one that can trigger a tidal wave of financial anxiety. However, this is an event that happens to many Americans for one reason or another, and it’s not always their fault. Case in point: Few predicted the trajectory of the coronavirus and the impact it would have on not only the health of Americans, but the employment status. As one expert predicts for the New York Times, the jobless rate for March 2020 may have reached approximately 13 percent — the highest level of unemployment since the Great Depression.…

6 Tips to Run a Cost-Effective Operation

Many businesses focus on expansion, growth, and ROI completely forgetting about another vital aspect of their day-to-day operations. We are, of course, referring to money-spending aspects of running a business. When you are trying to make a cost-effective business strategy, you have to consider all the factors. You have to take into account the cost of office building maintenance, IT infrastructure, employee training, office materials, and more. Where do you start? Which costs are pulling your bottom line down? Let’s find the answers to these questions and see the tips that can help you run a cost-effective operation.…

Failed a Specific Section of the CPA Exam? Don’t Fret and Do This Instead

Failing a section of the CPA exam can be frustrating and disappointing. After years of hard work, it can seem like the process will never end when you fail part of the exam. Don’t fret or worry about whether you will be able to work as a CPA. There are ways to get past this moment, absorb the essential information to pass the section, and get ready for your successful career as a CPA. Enroll in a CPA Review Course Taking classes online is convenient because you can study anytime and anywhere at your convenience.…

How to Effectively Estimate Construction Costs for Clients

The construction industry has always been one of the top revenue-generating industries in the world, with the U.S. construction market being one of the largest. Despite the size and scope of the industry, it constantly adapts to the ever-changing economic and social climate. The construction industry also responds to changes in human behavior and technological advances. Major innovation can lead to a flourishing market. In recent years, the construction industry has grown to new heights, becoming one of the primary contributors to the U.S.…

How to Save Money via Your Car

A car, for the average person, is the second most expensive life purchase, after a house. Unfortunately, our beloved four-wheeled friend can often exist as a black hole that swallows up the entirety of our bank balance, with fuel, insurance, and repairs taking up the majority of expenditure. Thankfully, these unseen expenses don’t have to mean that your life is going to be destined to public transport. Rainy mornings stood at the bus shelter aren’t a certainty, as there are numerous ways you can drive down the cost of your motoring experience.…

3 Steps to Reducing Your Businesses Energy Costs

When it comes to owning a business, there are various costs that you have to factor in to help keep the business afloat and maintain good performance. From employee wages to monthly office bills, there are a host of costs that have to be paid and it’s a given that any business owner will want to keep them as low as possible. A large percentage of outgoings for any business is the amount that is spent on energy usage. Electricity and heating are undoubtedly two of the biggest contributors to the amount that is being spent by any business each month, but there are a number of ways in which the amount you’re spending can be reduced.…