When people hear about insurance agencies, they think of forms, contracts, and financial documents. All this paperwork can make organizing documents quite challenging, especially when done manually. You’ve got records to keep, papers to sort out, and portfolios to oversee. Thankfully, the industry is moving towards technologically-based software to streamline its operations. Many insurance agencies…
Dental practice owners know that marketing is crucial to the success of their business. It opens doors for new patients and strengthens ties with your existing clients. An effective marketing strategy allows you to further build upon your accomplishments and puts you in the best position to succeed. The problem is that many dentists aren’t…
If you run an e-commerce business, you have the opportunity to sell to anyone anywhere in the world! And yet, despite this tremendous advantage, many online sellers steer away from the global market due to the complex nature of foreign transactions and all the fees that come with it. But what if we told you…
If you’re reading this article, chances are you’re one of thousands of Amazon sellers who are now required to carry insurance per the company’s new policy. And if you find yourself wondering if it really matters which provider you pick, we’re here to tell you that it does. Much like car insurance, product liability insurance…
OK, so this idea may sound crazy. You’re grinding away with a list as long as your arm, trying to cover all the parts in setting up a new business, and you’re being told to prepare it for sale?! Yes, this may be the last thing you would expect to hear right now in your…
If you’re an Amazon seller who has managed to skate by without product liability insurance, that may not be the case for much longer. Last month, Amazon announced a new policy requiring sellers who have made at least $10k in sales for any given month to carry product liability insurance. The new policy, which…
Have you ever stayed in a relationship longer than you should have? Forced yourself to go to an event you were dreading because the tickets had already been paid for? Held onto clothes you don’t wear because they were expensive? All of these are examples of the “sunk cost effect.” Also known as the sunk…
The explosion of the e-commerce industry in recent years has given rise to a number of Amazon agencies that claim to help sellers grow their online businesses. But is there any merit to this claim? To find out, we spoke to Chris Yeakey, founder of Black Caiman Media, a full-service Amazon agency and consultancy. His…
With lots of money pouring into the Amazon FBA market, more and more sellers are thinking about selling their business. If you’re also eyeing your big payday, follow these steps for a hassle-free exit and to guarantee that your business fetches the highest possible selling price. 1. Get Your Trademark Registration, IP Rights, &…
It’s every entrepreneur’s worst nightmare: a failed business. Unfortunately, that “nightmare” is all-too-common a reality for new business owners, as evidenced by a 2019 study showing that 11 out of 12 startups fail. Put another way, your chances of succeeding as an entrepreneur are a little less than one in 10. Ouch! Of course,…