The Different Types of Insurance Policies: Explained
An insurance policy is a contract between an insurer and an insured, where the insurer promises to pay the insured for certain losses in exchange for premium payments. The insurance policy outlines the terms and conditions under which the insurer will provide coverage and the nature and extent of the coverage. Most people only think about insurance when they need...
What is statutory sick pay (and what can be financially beneficial after it has run out)?
Statutory Sick Pay (SSP) is what your employer is required to pay you if you are too sick to work. You can claim SSP after you have been ill for more than three days - it is important to note that you will not be paid for the first three days unless your employer offers sick pay. SSP is paid...
Financial Tips Every Business Owner Needs to Know
Owning your own business is something you've always dreamed of. Now, after years of hard work and sleepless nights, you finally are where you want to be. Your business is growing, and you are making a profit each month. With that said, you never know when things will slow down, if not stall, and you need to run interference....
5 Quick Fixes for Financial Woes
Many Americans live paycheck to paycheck, which can sometimes have devastating consequences. If you’re faced with an unexpected cost or reduced income, you might end up in financial strife with few options for getting out of it. Navigating financial issues can be challenging, especially if you need fast money to cover expenses you weren’t expecting. However, you might be...
How To Save Your Finances If You’re Out Of Work Because Of An Injury
No one ever expects to be out of work because of an injury. But if it happens to you, it's important to know that you're not alone and there are ways to protect your finances. South Carolina based personal injury lawyer can help you get the compensation you deserve and get your life back on track. Seek legal counsel If you...
5 ways to streamline finance departments of all sizes
Although many financial processes have been streamlined to improve performance and efficiency, organisations often tend to focus on higher profile areas such as HR which leaves finance departments struggling. If you’re looking to improve your company’s efficiency, here are five ways to streamline your finance department, no matter what size it is. 1. Better manage incoming documents and communications Storing...
Effective Ways To Manage Equipment
There are many factors to consider when it comes to managing equipment. This article will provide a few tips to keep in mind when trying to optimize your process. Keep reading to learn more about effective ways to manage equipment. Using Equipment Management Software Equipment management software is a program that helps businesses track and manage their equipment. This software also...
4 Ways To Secure Your Crypto
It’s no secret that the cryptocurrency topic has been making a bunch of noise over the past years. To be precise, ever since Bitcoin's inception back in 2009, day or swing traders, real estate or individuals looking for profitable ventures have all been interested in the capabilities of these coins. However, they’re relatively new and there are no clear regulations...
Borrowing Intelligently Keeps Homeowners Afloat
You don’t need to be told about all the ways life is getting more expensive. Anybody who has purchased groceries or tried to get a bank loan lately knows that the cost of living is rising quickly. Not that life was cheap before! In these hard times, homeowners have a major asset they can leverage in various ways to access...
1099 vs 1098
What's the difference between a 1099 and a 1098? You may be wondering what all the fuss is about when it comes to these two forms. Both are tax forms, but they serve different purposes. Here's a breakdown of the differences between a 1099 and 1098 so you can understand which one you need to file this year. What is...