Due to the COVID-19 pandemic, businesses in all sectors of the economy face uncertainty about their future. At this point, many questions remain about when the pandemic will end and what reopening of the economy really means. Most businesses, particularly
According to the U.S. Small Business Administration (SBA), Office of Advocacy, there are nearly 29 million small businesses in the U.S. The SBA defines small businesses as having fewer than 500 employees of these small businesses, 80%, or 23.2 million,
By John Knotek, Vice President Operations – Payments, InsurePay As a long-time vendor and follower of the property and casualty insurance industry, it is simply amazing to see the breadth of industry incumbents’ initiatives and startups looking to make insurance
For a number of reasons, 2020 will go down as one of the most challenging years we have encountered. The year started out strong for our overall economy before the pandemic struck. During the first quarter of 2020, Pay-as-you-go worker’s
For small business owners and self-employed workers, cash flow is everything. It drives major decisions, ranging from what types of projects/clients to take on and how to pay employees. Unfortunately, a lack of cash flow is a common challenge among
These days, it seems as though nobody is completely safe from data breaches or identity theft. Consider, for example, the Equifax data breach of 2017, which compromised sensitive personal information of more than 140 million Americans. As an insurance carrier, your
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