A Guide to Smart Contracts and Why They’re Important

Smart contracts are the wave of the future, and you don’t want to be left behind. They’re an integral part of most cryptocurrencies, with Ethereum being one of the biggest smart contract companies in existence today. In fact, smart contracts can be used for a wide range of applications, from financial transactions to everyday agreements.

Essentially, smart contracts are self-executing contracts between two or more parties for an exchange of something (usually money) when certain conditions are met without any third-party enforcement. The best part? They can be programmed to execute almost instantaneously, which makes them ideal for transactions where time sensitivity matters.

The idea behind them is to allow people who don’t know or trust each other to do business together without the need for a middleman. They’re also said to be safer than traditional contract law because they’re backed by mathematical proofs. 

The world of cryptocurrency is a new and exciting one, but it can be difficult to understand for those who are new. That’s why we’ve created this guide to smart contracts.

In this article, you’ll learn everything about smart c… Read More

Webgility Review

Webgility is an ecommerce accounting software that helps businesses provide an optimal shopping experience to customers. 

It automates their accounting, inventory, and product shipping, regardless of whether they work independently or use the services of accounting experts.

Webgility Is one of the very few powerful, user-friendly, and flexible platforms that can automatically sync all relevant data, and provide practical solutions for all cash flow-related and profitability-related problems.

The platform simplifies otherwise tedious and manual processes within organizations, enabling owners to focus on the gazillion other, more critical, activities happening within the company.

Webgility Pros and Cons

Pros

Automates and simplifies accountingReduces manual effortManages orders efficiently to improve customer satisfactionProvides valuable insights, complete with powerful analyticsUser-friendly and intuitive dashboardWebgility mobile app allows on the go accessEasy third-party accounting software or agency integration

Cons

More expensive than competing platformsOffice complex integrations that can result in functionality strugglesCustomer service can be improvedQuirky menu options can be confusing at timesBasic inventory management systemshipping program can be stronger

Webgility Features

Webgility offers tons of amazing features to help you improve your ecommerce operations and service. Read on as we take an in-depth… Read More

Find the Right B2B Influencer or KOL for Your Brand

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B2B KOL and influencer programs are a topic of nearly every conversation these days. 

Our friend Lee Oden at TopRank Marketing conducted a survey in early 2021 about the use of B2B influencer marketing and found these incredible stats, along with many others. 

74% of marketers agree that influencer marketing … Read More

The Beginner’s Guide to Business Startup Costs

Deciding to start your own business is exciting. But it can be a bit overwhelming for new entrepreneurs, especially if you’re unfamiliar with startup costs. 

Running out of cash is one of the top reasons why startups fail. That’s why it’s so crucial to understand your startup costs from the beginning—allowing you to budget accordingly.

This guide will teach you everything you need to know about business startup costs. 

What Are Business Startup Costs?

Business startup costs are the expenses incurred as you’re launching a new business. Everything from incorporation fees to computers, office chairs, insurance, and more all fall into this category. 

Some business startup costs are one-time fees, while others are recurring charges that you need to budget for throughout the duration of your business. 

The Basics of Business Startup Costs

Obviously, startup costs will vary based on business type and industry. But the following section will cover the most common types of business startup costs for the majority of businesses. Just be aware that not all of these will necessarily apply to you.

Business Formation Fees

If you’re forming a legal business entity, like an LLC or corporation, you need to pay various fees to officially form your startup. 

The exact costs will vary based on your state of formation.

For LLCs, expect to pay an initial state filing fee … Read More