Category: Running a Business

What the Housing Market Tells Us About Small Business Today 

The U.S. housing market has been in the news a lot recently, as home sales and prices have started to decline after a boom through the Covid-19 pandemic. In an attempt to slow inflation, the U.S. Federal Reserve (or the Fed) has increased interest rates, which directly affects home prices and affordability — higher interest rates mean more expensive mortgages, which can be a deterrent for home buyers. Homeowners may see their home values decline as there are more houses… Read More

The Definitive Lineup of the Web’s Best Business Calculators

Small business owners and entrepreneurs can use funding for startup costs or to grow their business, but you need to know the exact cost you’ll pay lenders. Or perhaps you want to evaluate your return on investment on a potential project. That’s where a small business calculator comes in.  Nav’s experts rounded up the best calculators for small business that are available to you for free. Keep reading to learn how to use business calculators to give you better control… Read More

What Retail Businesses Can Do About Overseas Product Shipment Delays

Small business owners in the ecommerce and retail industries have been dealing with delayed delivery times since the pandemic began. But there are steps you can take today to improve the process and ease the pressure from your business. In this article, we cover how long you can expect shipping to take, why so many shipments are delayed, and what small business owners can do to handle these challenges. How Long Is International Shipping Taking Right Now? Retail business overseas… Read More

How to Get a Business Loan for Insurance Agents

An insurance business is appealing for any number of reasons, and one of them is the relatively low cost of getting started. However, it’s a competitive industry with over 415,466 insurance agents and broker businesses in the US, according to IBISWorld. To stand out, insurance agents and agency owners may need to invest heavily in advertising and marketing, and you may need to hire staff to handle customer inquiries.  Perhaps you need funds to acquire another insurance agency’s book of… Read More

Can You Write Off Crypto as a Business Expense?

If you’re one of the increasing numbers of small businesses accepting or using cryptocurrency for payments, it’s crucial you understand the tax implications that affect your small business. Failing to report cryptocurrency transactions properly when filing your taxes could prove to be very expensive.  Generally the IRS calls cryptocurrency and other digital currencies “virtual currency” and warns in this notice about crypto and taxes that the “sale or exchange of convertible virtual currency, or the use of convertible virtual currency… Read More

11 Best Payment Gateways of 2022: A Complete Guide

A payment gateway is technology that allows physical and ecommerce businesses to accept payments from customers who use credit cards, debit cards, and other payment types.It’s the interface that customers interact with during the checkout process in person or online.Payment gateways are separate from payment processors, which move money to complete a transaction. Payment gateways only start the transaction process.In this article, you’ll learn what you need to know to choose the right payment gateway provider for your business needs.… Read More