Business Basics

A 7702 plan, also called a Section 7702 plan, is a privately issued stand-alone life insurance policy. Learn how it differs from typical retirement plans.

Find out what you must do before starting a business, from writing a business plan to getting the proper insurance.

Without a unique selling proposition, you have nothing that distinguishes your company. Learn how to create an effective USP for your business.

When you start a business, you need to understand your target market at a fundamental level. Here's exactly how to identify your audience.

Scalability is a crucial factor in business growth and success. Learn the components of a scalable company and how to scale your business.

Setting the proper prices for your services is one of the most crucial elements of business. Learn how to set fair and accurate prices for your services.

Here are the best tools for conducting market research.

What pitfalls cause most products to fail? Learn about these common traps so you can avoid mistakes and a failed product launch.

Starting a business is a difficult endeavor. Learn the biggest challenges that come with entrepreneurship and how to overcome them and find success.

Learn five ways to improve your bottom line and create a more sustainable business environment by using practices such as cloud-based computing.

The heat and the sun aren't the only reasons Texas is a hot state. Check out why Texas is a fantastic state to start a business.

You've asked your customers to buy local and you should too. Here's why your local B2B purchases have a positive ripple effect on the SMB community.

You don’t go into business planning to get out — but you should. Find out why an exit strategy is important and why you need two strategies.

The future of construction looks good, especially for those in home, commercial or infrastructure. Here are six tips for success within the industry.

Professional negligence is when an industry professional doesn't properly fulfill their duties, leading to damage or harm. Learn how to avoid lawsuits.

A cyber insurance risk assessment finds the systems and assets most at risk of cyberattack. Learn about cyber insurance and how risk assessments work.

You don't need a ton of cash to launch a business. Opportunities abound to become a business owner with less than $500. See business ideas and pro tips.

A key component of an insurance policy is restitution for those who have a claim against you. Here’s how indemnity insurance provides that.

Healthy business debt is often necessary for growth. Learn how to distinguish good and bad business debt and determine a healthy debt amount to carry.

Insurance endorsements are a way to broaden or narrow coverage on an existing insurance policy. Here's how insurance endorsements work for your business.

Here’s everything you need to know about results-only work environments, and whether it’s right for your business.

Whether you are making a toy or a rocket, a BOM helps you accurately manage and oversee resources and identify materials to reduce wasteful spending.

If a third party gets hurt at your workplace, they can sue you. Here's how to protect your company.

Employment practices liability insurance protects your business from past or current employee lawsuits. Here’s how EPLI works.

Should you buy or lease the company car? Here are the pros and cons of each to help you weigh which is best for your needs.

Business owners should ensure their employees understand the workers' compensation claims process. Learn what's entailed and how the claims process works.

Learn about the methods of calculating and tracking inventory that are used in retail accounting.

The manufacturing industry is changing as next-generation VR and AR become readily available.

A subscription site is easy to start and can offer big rewards. Follow these steps to build a loyal member base.

While expenses to begin an online business vary, here are some common costs you can expect to see with your new venture.