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Best Business Insurance

Neil Patel

This typically includes medical payments if someone is hurt on your company’s property. Organizations with physical locations that could lose income due to these types of interruptions can benefit from a business interruption policy. Your business can be compensated for lost income in these types of scenarios.

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How to Lower Your Company COGS

Neil Patel

Paying less to acquire the products you sell can result in higher gross revenue figures and bigger profits, even when the amount of product you sell stays the same. COGS is a business expense that is deducted from your total revenue. In other words, you won’t be taxed on it because they are business expenses.