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A Freelancer’s Guide to Business Insurance: What You Need to Know

Success

As a freelancer or independent contractor, you may think your business is too small to need insurance. Client contracts sometimes even require you to have freelance business insurance. General liability insurance for freelancers This is the most common insurance that small business owners purchase.

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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. You need to know what your costs will be and whether your business is scalable.”

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5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Take these steps to start building an employee benefits program that won’t break the bank. Unemployment insurance. Disability insurance (required in California, Hawaii, New Jersey, New York, Puerto Rico and Rhode Island). Life insurance premiums are typically affordable for most businesses. Workers’ compensation.

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What are fringe benefits? What employers need to know

Insperity

Whether you’re a small business or a larger company, you want to do what you can to attract and retain top talent. By creating a thoughtful fringe benefits package, you can start to address those wants and not break the bank. Offering competitive pay is but one way to accomplish that, but there are other things you can do.

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The Coronavirus Aid, Relief and Economic Security (CARES) Act: An employer’s guide

Insperity

Take a deeper, more comprehensive look at the CARES Act with our recent webinar, “Opportunities for Small Businesses,” hosted by Insperity’s Tom Himmer, vice president of customer development. Small Business Administration (SBA) offers additional assistance through the Economic Injury Disaster Loan program. Eligibility.

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10 Best Financial Management Tools for Personal and Professional Use

Success

Gusto also has solutions that allow you to offer employee benefits such as health insurance and 401(k) plans. Gusto also has options for one-person businesses that will allow you to pay yourself and remain compliant with the IRS. You can track your business and personal bank accounts in one place. One-person operation?

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Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Workplace Insight

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent.