article thumbnail

Best Business Insurance

Neil Patel

A dental practice won’t have the same needs as an ecommerce website. When you pick up the phone, will someone answer? This typically includes medical payments if someone is hurt on your company’s property. Just like you need insurance for your personal vehicle, you’ll need to cover any vehicles used for business purposes.

article thumbnail

How to Lower Your Company COGS

Neil Patel

Another could be to alter transport arrangements if shrinkage is high and many products are arriving damaged. In both cases, items can be shipped directly to customers, meaning stores don’t need to hold any inventory. Improving their payment terms, for instance, is always a useful bargaining chip. Negotiate With Everyone.