If you were to hire for just about any position and sifted through dozens of resumes, the one constant on nearly everyone would be “Microsoft Excel” under the skills section. More than 750 million people worldwide use Excel, and it has become a prerequisite for just about any job in any industry these days. But there’s a massive range of fluency in Excel, and just because you know how to make a spreadsheet does not mean you know how to use this powerful program.
The truth is, Excel can do a lot more than you probably realize, including acting as a treasured addition to your business intelligence operations.
Microsoft Excel was released in 1985 and has grown to become arguably the most critical computer program in workplaces worldwide. In business, any function in any industry can benefit from those with strong Excel knowledge. As a result, excel is a powerful tool that has become entrenched in business processes worldwide—whether for analyzing stocks or issuers, budgeting, or organizing client sales lists.
Using Excel for business tasks saves time and money thanks to the numerous options for storing and analyzing data and features that allow you to automate repetitive daily tasks. For example, Microsoft Excel spreadsheets software comes with million rows of data and automates number crunching, but this popular spreadsheet software can do more than just figures.
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Top 10 Uses of Microsoft Excel that can improve your business
The list of ways that business uses MS Excel is long. But we’ve’ broken it down to a top 10 list. At a basic level, MS Excel is used for storing information, analysianalyzingrting, and reporting. It’s’ trendy in business because spreadsheets are highly visual and relatively easy to use.
Some of the most common business uses of MS Excel are for business analysis, managing human resources, performance reporting, and operations management. We know this for a fact after analyzing job data (using MS Excel).
The number 1 use of MS Excel in the workplace is to do business analysis. Business analysis is essentially using collected data to inform decision-making. Businesses naturally gather data in their day-to-day activities, such as product sales, website traffic, spending on supplies, insurance claims, etc.
Business analysis is the activity of converting data into something valuable to the people who run the business. For example, you could run a profitability report by the day of the week. If the company always loses money on a Sunday, management could use the information to decide (such as closing on Sundays).
You may be surprised to learn that one of the top uses of Excel in business is to manage people. MS Excel is a powerful way to organize information about people, whether employees, customers, supporters, or training attendees.
Using Excel, personal information can be stored and retrieved efficiently. For example, a spreadsheet row or column can be used for an individual record, including information like name, email address, employee start date, items purchased, subscription status, and last contact.
Excel is relied on heavily to manage the day-to-day operations of many businesses.
Business activities can often involve quite complicated logistics. Inventory flows need to be controlled so that you can keep operations running smoothly – and without overstocking on particular items. That means keeping track of supplier and client transactions, listing critical dates, and managing times and schedules.
While Amazon uses sophisticated custom software for operations management, MS Excel is essential for many smaller businesses (or parts of larger companies). An advantage of Excel is that it’s’ relatively low tech, allowing it to be used by many people and without the risk of programming bugs.
Performance monitoring and reporting is a specialized business analysis that can be done effectively using MS Excel. For example, many accountants still use Excel (partly because it’s’ compatible with cloud-based accounting software).
A common way to convert data into a performance report in Excel is to create a pivot table. By inserting a pivot table and linking it to data, you can quickly get extra helpful information from the dataset. In addition, pivot tables have numerous in-built functions that allow for tasks such as counting and summing certain types of data within the dataset.
Office administrators use Excel to enter and store much of the data that’s subsequently used for accounting and financial reporting, as well as business analysis and performance reporting.
Apart from recordkeeping, Excel is useful in office administration for supporting day-to-day tasks such as invoicing, paying bills, and contacting suppliers and clients. Thus, it’s an all-purpose tool for keeping track of and managing office activities.
Using Excel for Managing Product Information
If you’re’ running an eCommerce business, you know how vital maintaining accurate and up-to-date product information is in generating online sales, reducing returns, and winning repeat business.
You can use a range of Excel features to drill into your data and optimize your product information to fuel eCommerce growth.
Although project managers have access to purpose-built project management (BPM) software, an Excel Workbook is often an effective alternative.
Projects are business activities that typically have a budget and start and end dates. Project plans can be placed into a workbook, which can then track progress and keep the project on schedule.
An advantage of using Excel is that you can easily share the project workbook with others, including unfamiliar people who lack access to custom BPM software.
Excel is a good platform for managing programs. It can be adapted to handle the specific characteristics of a given program. And, because MS Excel is widely known, program records can easily be managed by multiple people and, when the time comes, handed over to a new manager.
A program is like a project but maybe ongoing and can depend on participation by users. MS Excel helps managers allocate resources, keep track of progress, and maintain participant records.
Sales Reporting In Excel
Excel, in particular, is one of the best tools you can use to track and report on sales for your business. With its capability for dashboard creation, automated reports, and integration into other business systems, Excel sales reports bring all your critical sales insights into one easy-to-use sheet that can be read by anyone and shared across the business to communicate and track performance.
Account managers are generally required to be competent MS Excel users since they receive and maintain customer records. Ninety, In addition, percent of companies use Excel for budgeting, planning, and forecasting operations. As a result, excel is the go-to solution for businesses when it comes to accounting software.
Excel is commonly used in account management since it provides a simple way to share and maintain client files.
Why You Need Excel Skills in your Business
MS Excel skills are instrumental in business management. Not all jobs use Excel, and those that do are often considered “middle skill “jobs. However, Excel is widely used. Middle-skill spreadsheet skills, therefore, give you the ability to work on all sorts of different tasks. And you can more easily get value out of information that’s being shared in workbooks.
Once you know how to use Excel, you’ll find yourself using it more and more. It’s’ an accessible platform that can be used to do both simple and highly sophisticated business tasks.
Whether you need a short-term business loan to expand your business or buy a piece of equipment, choosing the right lender is critical. For example, a short-term business loan can help you as a business owner purchase more inventories, make some improvements, and pay payroll without the commitment of a longer-term loan. It can be found online or at a bank and comes in different forms with varying rates and qualifications.
Short-term business loans can give your business the fast cash it needs to bridge cash-flow gaps, handle emergencies and other immediate financing needs, or take advantage of a business opportunity.
Think of them as quick-turnaround loans: Borrow what you can pay back relatively quickly so you can focus on running your business rather than managing debt.
Depending on your situation and the lender, short-term loans can be paid off in a few months or extend from one to three years.
When you are looking for short-term business loans, several factors will play into your decision. You will want to consider:
Loan and origination fees
Prepayment penalties (if any)
You also will want to consider the type of loan and objectives for taking out a short-term business loan in the first place. Here is a roundup of some of the top short-term business lenders based on these factors.
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Kabbage offers multiple short-term business loans with fast approvals, quick funding times, and a simple online review process.
Kabbage requires you to be in business for at least a year, have a business checking account, and previously been approved for funding by Kabbage, or have a current American Express business card relationship. Kabbage is an American Express company founded in 2009 as a technology company that connects small businesses with cash flow solutions, including short-term business loans and payment processing loans. It also offers online banking services and small business tips and resources. It was started to help small businesses get the cash they need quickly and less paperwork than a typical bank.
You can apply for a short-term business loan online and get an automatic financial review with approval the same day. You can also use over the phone with a representative if you have questions. Typically funding is completed within three business days, sooner if the funds are deposited into your PayPal account. Terms vary but are usually between six and 18 months.
Once you get funded, you can draw from the funds as often as possible and won’t be charged prepayment penalties. Kabbage doesn’t charge loan origination fees but charges monthly fees that are a percentage of your balance. You can review the payment schedule before accepting the loan so you know what to expect.
Kabbage doesn’t have a minimum credit score requirement but does require that you be in business for at least one year and have revenues exceeding $50,000. After that, short-term business loans are available up to $250,000.
Kabbage has a positive industry reputation and primarily positive customer reviews, with customers appreciating the quick funding times, but some customers found it hard to get in touch with someone.
OnDeck offers same-day funding on some of its loans and a simple application, and multiple types of loans to choose from.
Since its founding in 2006 in New York City, OnDeck has funded more than $13 billion in loans. It uses proprietary software and an algorithm to compile its financial data and determine its eligibility. The company offers term loans and business lines of credit and multiple loan types, terms, and repayment options. In addition, there’s a team of U.S.-based loan advisors to answer questions and assist you throughout the loan process. It has funded more than $13 billion in loans.
You can apply for a short-term business loan online or over the phone, and the application generally only takes 10 minutes with same-day approval, and some loans even fund as quickly as the same day. This is helpful if your business has an emergency and needs the money soon. If you apply for a business slime of credit, the loan amount will be between $6,000 and $100,000 with a 12-month repayment term that resets after each withdrawal.
Term loans are between $5,000 and $250,000 with a lump sum of cash upfront and the option to apply for more once the loan is halfway paid off. Terms are up to 18 months. OnDeck requires a year in business, annual revenue of $100,000, and a personal FICO score of at least 600. Credit score, minimum time in business, and rates vary depending on the type of loan, industry, and location of your business, but rates typically start at 9%. It has positive reviews, with customers praising its fast approval times.
Lines of Credit
BlueVine offers lines of credit up to $250,000 with no prepayment penalties, allowing you to draw as you need and pay for only the credit you use. Businesses need a minimum of 2 years in business, monthly revenue of $25,000 or more, and a personal credit score of at least 650.
Cash can be available within 12 to 24 hours.
Multiple term lengths for different financing needs.
Short repayment term results in higher payment amounts.
Requires personal guarantee.
Fundbox also provides revolving lines of credit with no prepayment penalty. Businesses need to have $100,000 in revenue, at least six months in business, and a FICO scores above 600.
Credibility Capital offers low-rate short-term loans. Credibility Capital funds loan up to $350,000 with terms of up to 48 months. It requires two years in business and current revenue generation. Note: It has some geographic limitations.
Competitive rates among online lenders.
No prepayment penalty.
Extra monthly payments can save interest costs.
Requires high minimum credit score and revenue.
Requires business lien and may require a personal guarantee.
Best for Startups
Accion offers short-term small business loans and a community of support without minimum time in business or revenue requirements. Accion is a nonprofit that provides funding from pre-seed to growth-stage.
Accion was founded in 1961 by a law student in California as a grassroots community development initiative. It has grown into a global nonprofit company that is dedicated to helping entrepreneurs generate income, create jobs, build assets, and achieve financial success through business ownership. It offers personalized service, trained lending specialists, and custom repayment plans and prides itself on being a company that goes beyond lending.
Loans are typically six months to three years, and to qualify, you need to be caught up on your debts. No minimum credit score is specified, but one in the mid-500s is usually required. The company looks at the overall financial picture and needs instead of having concrete qualification criteria. As a startup, you will typically need to show that you haven’t had a recent bankruptcy or foreclosure and have a solid business plan.
Short-term business loans are available from $300 to $250,000 and are ideal for startups because there are no revenue requirements and no minimum amount of time in business. Additionally, the company will tailor loans, terms, and repayment schedules to the business’s needs and will offer advice and support throughout the process.
Best for Bad Credit
SnapCap offers short-term business loans with low credit score requirements, fast approvals, and seamless application processes.
Founded in 2012, SnapCap was created to help growing businesses get the financing they need. Their parent company is LendingTree, and they have provided more than $975 million in funding in more than 375 industries since the company started.
SnapCap is a LendingTree business and offers loans from $10,000 to $1 million with terms ranging from 3 to 36 months. To qualify for a short-term business loan with SnapCap, you will typically need a credit score of 500, $100,000 or more in annual business revenue, and at least one year in business. Rates vary based on the type of loan, overall business financials, industry, and loan term. The company requires daily or weekly payments to repay the loan, which is done as ACH withdrawals.
The company offers unsecured loans up to $1 million with terms between three months and three years. You can look for loans on the site and inquire without it affecting your credit. You can also answer the questions on the Express Review page and get approval the same day.
After the online application, a lending specialist will call you to go over loan details, rates, terms, amount, and repayment structure. Funding can happen as quickly as the next day. The process is meant to be streamlined and paperless with an online processing system. The dedicated loan specialist will work with you during the duration of your loan.
Best for low Annual Revenue
StreetShares is a community lending platform that offers short-term business loans and lines of credit to newer businesses with lower revenues.
StreetShares was started by an army veteran in 2013 who was tired of lending traps and wanted to help veterans and other small business owners access capital. While it’s based on a peer-to-peer lending model, it does things a bit differently. It uses affinity-based lending and matches lenders to borrowers with something in common like alumni of the same school or veteran status. The company uses this model because the borrower is more likely to feel more connected with the lender and more obligated to pay them back.
You can apply for a small business loan or a line of credit online and then get matched with a lender if you qualify for a loan. You can instantly get pre-qualified online and be asked to fill out a personal statement about why you need the money and anything unique and exciting about your situation and business.
To qualify for a loan or line of credit, you need to be in business for at least one year and make $75,000 or more in annual revenue. This is lower than most lender’s requirements and is more realistic for most small businesses that are just starting out.
Rates vary depending on the type of loan but typically start at 8%. A minimum credit score of 600 is usually required for a business line of credit, and a credit score above 540 is needed for a term loan. Short-term business loan terms are three months to three years.
Best for Large loans
LendingClub offers larger short-term business loans than most other lenders. In addition, it quickly funds loans and doesn’t charge prepayment penalties.
LendingClub is a peer-to-peer marketplace that offers business loans and lines of credit in all U.S. states except Iowa. The business was founded in 2007 and pairs both individual investors and institutional investors with borrowers. It offers personal loans, business loans, auto refinancing, and patient solutions.
The company often offers business loans to small businesses that have been turned down by banks. Business loans range from $5,000 to $500,000, making these a good solution for businesses that need more than $250,000, the cutoff for most short-term business loans.
You can get a quote within minutes online, and it won’t affect your credit score. Once you apply online, if you’re approved, you can select a loan offer, review the rates and terms, and then confirm your details and provide any documentation to a client advisor who will guide you through the entire loan process. After this, the funds are automatically deposited into your bank account. Times vary depending on the type of loan and the loan amount.
Interest rates are competitive and start at 4.99%, and payments are made monthly, which customers like. In addition, there are no prepayment penalties, and terms range from one to five years.
Pitfalls of short-term loans
While short-term business loans provide fast cash, they do come with some disadvantages, including:
Higher cost: Short-term business loans typically carry a higher annual percentage rate, or APR, than long-term loans. Use NerdWallet’s business loan calculator to figure out how much a loan will cost you.
More frequent repayments: Some lenders require payments daily or weekly as opposed to monthly. Although these payments are smaller, their frequency can be an issue for businesses with uneven sales or who don’t always hold much cash in a bank account.
Risk of debt trap: The speed and ease of short-term business loans can become addictive. Instead of repaying the debt in full, business owners may be enticed to refinance and roll over the debt into a new loan.
Short-term loans can help bridge the gap while you’re waiting for customers to pay you what they owe or to fund growth initiatives. While you will most likely pay high interest rates for the privilege of getting a short-term business loan, if you pay back your loan on time, you may pay less interest in total than you would with a long-term loan.
Before taking out any loan for your business, however, you must be able to pay it back. Failing to do so can hurt your credit score and limit your ability to get future financing or credit with your vendors or suppliers.
The expense of setting up and maintaining a website can add up quickly, so picking the best Free Website Hosting provider for your needs can help cut costs.
We all love freebies, and it should come as no surprise that there are tons of freebies even in web hosting if you know where to look. Not all things free are equal, though, and this time I’m going to look at what some of these free (and “almost-free”) web hosts have to offer.
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The “Truth” About Free Website Hosting Service
Building a website has become the most important way to get your message out in the world. However, when you start, you may not want to spend money on making a website.
Most people want something quick, easy, and accessible.
There are tons of free website hosting companies in the market. But as an intelligent consumer, you should know that there is no such thing as free lunch.
There is always a catch.
Running a website hosting service costs a lot of money.
The companies offering free website hosting need to make money somehow, or they will go out of business.
They do that by either displaying ads on your website, limiting your website traffic, causing downtime, locking you in their platform, and upselling their other services. In addition, some of the ads displayed may not represent your brand well, and it can even be your competitor’s advertisement.
Every free website hosting company on our list guarantees that you can keep your website for free as long as you want. However, we recommend that anyone serious about their website consider using a low-cost full-featured website hosting provider.
That being said, let’s take a look at the best free web hosting sites.
Weebly is one of the new generations of site-builder-slash-web-hosts that is doing very. It comes with an intuitive drag and drop builder and ready-made templates to create a website.
Their free plan includes a Weebly subdomain, 500 MB of storage, and displays Weebly ads. You can upgrade to their paid plans to get rid of ads, get more hold, and unlock features.
Weebly is well supported through a vibrant community, and you can also reach out to them via email or live chat.
Weebly doesn’t support server-side scripting (such as PHP) nor database integration. And your free website domain will be in the form of the Weebly.com subdomain. True, it’s mighty on its own, but this also means in terms of flexibility, you’re likely stuck with Weebly for good once you start using it.
Wix is another fully-hosted website builder that offers free website hosting. Wix is a brand that has made its name in the website-building business and was one of the earlier new-generation of web tools. It’s excellent for newbies and is easy to use, plus offers enough for the starter-offs to get interested before they hop on to any paid plans.
Like most free hosting services, it is supported by displaying ads and Wix.com branding on your free website. You can get rid of it by upgrading to their paid plans.
The free plan will give you a Wix.com subdomain, access to website templates, 500 MB of storage, and 500 MB of bandwidth.
Free website builder (Wix!)
Control Panel: Proprietary
Free powerful web editor but with advertisement
Reliability and uptime guarantees
You get what you pay for, and aside from an extensive knowledge base, you can email them and take your chances for free accounts. Only premium accounts get ‘faster responses to any question or issue they may have.
Again, Wix is another proprietary engine which means it’ll try to hold on to you almost any way it can. The good news is that it plays better with other tools, so it is compatible with some devices such as Caspio, a free database platform. Oh yes, and Wix is not ad-free. If you’re not on a paying plan, it will plaster Wix ads on your site with enthusiasm.
A free website hosting provider owned and operated by Hostinger charges for paid hosting based on the length of time you sign up for.. 000Webhost has been around for ten years and has millions of users. Since they also offer paid hosting options, their business model revolves around offering free hosting services funded by the paid end of the business. This works out in everyone’s favor since users of the free hosting services also have the option to scale up their sites by becoming paid customers at any time they wish.
With 000Webhost, you’ll get cPanel, a website builder, and a WordPress auto-installer, plus a further benefit is that there are no ads. However, the bandwidth and disk space are on the low side, with 3GB bandwidth and only 300MB of disk space.
As expected, there’s no SSL certificate, but what is slightly surprising is the absence of subdomains and email accounts, as well as a lack of support via tickets (you have to go through the forums when you need help).
Free website builder
Auto Installer (WordPress, Joomla, etc.)
PHP & MySQL database support
Disk Space: 1GB
Database: 2 MySQL Databases
Control Panel: Cpanel
$0/mo hosting but one hour sleep time every day
There is a 99% uptime guarantee for free accounts, but in the case of 000Webhost, you’ll have to consider that there’s an enforced one-hour sleep period per day. That means that it will be unavailable to anyone – including you and your actual server uptime starts at 95.83% – less any fundamental technical difficulties.
Byethost is part of Byet Internet, a US-based provider of hosting, domain name, and reseller services. With more than one million websites hosted, Byethost claims that its free hosting service is “one of the most powerful networks dedicated solely to free hosting in the world.”
Users are given 1GB of server space, 50GB monthly bandwidth, and MySQL / PHP compatibility. They also benefit from 24/7 tech support, which is a boon and access to Byethost’s community and knowledge base.
Furthermore, if you are ever interested in becoming a free web hosting provider yourself, Byethost operates a separate entity, myownfreehost, that allows you to do just that.
Auto Installer (WordPress, Joomla, etc.)
PHP & MySQL database support
Disk Space: 5GB
Database: 5 MySQL Databases
Control Panel: VistaPanel
Free VistaPanel hosting solution
Reliability and uptime guarantees
It’s interesting to note that Byet Host offers 24/7 support, even to free accounts. Even if they take some time to service tickets, it’s not often you see a free host that offers real support. Most of the time, either knowledge bases are used, or at best, a user forum where you help one another.
Although Byet Host sounds almost too good to be true, it might be good if you take some time to check what they offer in detail. I’ve found that many terms and services are worded to be a little shady and open to interpretation in various ways.
Free Hosting No Ads
FreehostingNoAds has been around for 18 years, and I kid you not. This site is very generous in terms of what it offers, in fact, more than what some paid accounts go for. I guess part of it is subsidy through advertising, though, since they plaster google ads all over their website. They promise not to force you to carry their ads, though. The brand is owned by Runhosting, an established web hosting provider that offers unlimited disk space and unlimited traffic for as little as $2.49 per month.
An SSL certificate will give you the all-important security padlock in browsers and will set you back an eye-watering $30. The control panel, via Zacky Tools Installer, is minimal, with either Grav, WordPress, or Joomla being offered one-click installs. However, you will be able to install your own should you want to do so – but bear in mind that the file size limit is only 15MB.
FreehostingNoAds appears to be another hosting site that doesn’t believe in uptime guarantees. However, users who join are offered technical support, even on the free plans.
Aside from non-existent uptime guarantees and cloudy reference to technical support, nothing else. This seems to be aimed mainly at people seeking a free or cheap hosting solution, and that’s all. Given that they have an entire page dedicated to HTML5 site-building that ends up directing to Wix, they might be a subsidiary or affiliate.
In the world of free website hosting, Infinityfree stands out for good reasons. It has a well-designed website that makes a positive impression and ticks the right boxes for us. Its homepage gets a C performance grade in our load time test, but other than that, it looks pretty solid.
Infinityfree has been in the business for over six years, claims to have over 400,000 users, and offers unlimited disk space and bandwidth (albeit with a very generous 50,000 daily hits). You can host as many domains as you want, but you will only get ten email accounts and one FTP to upload your content.
There are no hidden fees, and despite its free status, you will get a 99.9% uptime guarantee (although that said, you are more or less on your own if your site goes down) and the popular Softaculous script installer with more than 400 applications.
We were surprised to see that this provider’s features list includes 400 MySQL databases (where others give only a handful, if any), a free DNS service, free SSL, and free Cloudflare CDN. That’s impressive for a free offering.
Risks with Free Hosting Platforms
Anything that comes with the word “free” can be very tempting. Understandably, most beginners starting a website for the first time would like to keep their costs low and save money.
But keep in mind that nothing is truly free in this world.
While using a free web hosting platform means that you won’t have to pay a single dime for creating and hosting your website, there are numerous risks and problems that you should be aware of if you intend to use them. We will talk about the three significant risks here.
Some free deals are never worth the downsides they come with. If your website matters, you should learn about these risks and consider opting for a reliable, full-featured hosting provider. Most good shared hosting providers include a free domain name, shared SSL support, email hosting, unlimited data transfer and disk space, and more website functionalities for the price of $2 – $5 per month.
The most glaring issue that comes with using a free web hosting model is the terrible server performance. You see, to help save server costs, a lot of providers will lump together hundreds, or even thousands, of websites in a single shared server.
When you have that many websites sharing the same server resources, your website will inevitably suffer many server issues such as slow loading websites or lots of downtimes.
Risk #2. Sudden Website Shutdown / Company Goes Out of Business
As I’ve said earlier, you won’t have to pay a single dime for their domain hosting services with free web hosting platforms. Because of that, most providers won’t take your website seriously. This leads to a considerable risk that comes with free hosting, in that your website can be taken down at any moment.
There have been many incidents where people who used free hosting platforms ended up having their accounts deleted or barred with no prior notice or warning. Since you’re not paying for their services, many providers don’t feel obligated to keep your website online indefinitely.
Risk #3. Getting Your Data Leaked
Data is an essential asset for a business, especially if you’re an eCommerce business. But with free web host models, you’re more likely to get your data leaked or stolen as most providers don’t follow and enforce the standard and fundamental security practices needed to protect their users.
Again, since many of these providers offer their services for free, they usually don’t feel the need to provide proper security to protect their users and their data. This led to cases where a user’s sensitive details, such as usernames and passwords, ended up stolen by hackers.
Credit risk insurance coverage protects businesses from non-payment of commercial debt. It makes sure invoices will be paid and allows companies to reliably manage the commercial and political risks of trade that are beyond their control.
Taking out a credit insurance policy remains the most efficient way to manage your credit risk. But it is not always easy to choose the right provider and find a reliable partner with the necessary experience to handle risky situations and support your commercial development in the long term.
Brokers have the right relationships with a range of insurers that enable them to get the most suitable cover for each client. The following companies are some of the critical credit insurance companies you can work with:
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Euler Hermes is one of the world’s leading business credit insurers with a history spanning over a century and offices operating in over 50 countries. Its global reach is down to critical acquisitions of specialist business credit companies, such as Trade Indemnity in the UK. Today, it’s well known as an international expert in surety, debt collection, fraud insurance, and structured trade credit, and political risk.
Having the correct information to make informed credit decisions means you can avoid or minimize losses. Euler Hermes’ careful analysis of this information allows companies to determine how much credit they can safely and reasonably extend to their customers.
Their strength lies in their cross-functional offer, which covers all the necessary guarantees of credit risk insurance. Moreover, it adapts to companies of all sizes across many different sectors of activity.
The benefits of choosing an Euler helmet for your credit insurance are
Their financial analysis capabilities to constantly evaluate the credit risk and solvency of your partners, with tools such as their customer platform MyEH;
Their legal expertise to carry out debt collection procedures in the best way possible, with in-depth knowledge of the playing field;
Their financial strength guarantees your indemnification and risk coverage, as evidenced by their AA financial rating from Standard & Poor’s.
Moreover, thanks to their data collected in the field and our Economic Research Team, they are privileged observers and analyzers of current and future micro-and macro-economic trends.
With comprehensive analysis and intervention capacity, covering all needs in connection with trade credit risk, their credit insurance solutions allow you to implement a credit control policy that is both efficient and safe.
Coface provides a comprehensive line of credit insurance to protect companies against potential non-payment by their customers, with cover provided in approximately 200 countries. Coface is driven by their belief in business as a force for good in the world. They have an international network dedicated to credit insurance and risk management, and they help customers with credit decisions to strengthen their ability to sell domestically and overseas.
Coface offers you unique knowledge of your customers, helps you make fair and accurate decisions for all your operations with more than 200 countries. They also work with all sizes of companies, from SME’s to multinationals.
Coface pays you an indemnity to soften the impact of the loss incurred. Once the payment arrears is ascertained, their experts step in to collect the receivable from your buyer. They then implement proven collection techniques to maximize the chances of successful collection.
The benefits of choosing Coface for your credit insurance are
Anticipate and resolve payment arrears from a customer;
Benefit from the quality and strength of Coface’s prevention;
Receive personalized advice from a Coface expert present in your market;
Focus on growing your business.
A nexus is a London-based group founded in 2008, which has since grown into an international independent specialty managing general agent (MGA). Represented in nine key countries, Nexus offers perceptive business credit policies and guidance among their specialties.
They offer a complete portfolio of trade credit insurance products, including ground-up, excess loss, and top-up, with regular credit limits or non-cancellable limits.
They have local expertise and teams operating in the UK & Ireland, France, the Netherlands, Germany, and the USA.
With more than 35 years of experience in trade credit, AIG offers unparalleled local underwriting and policy servicing capabilities. In addition, their non-cancelable limits coverage, credit management tools, and debt collection services help their clients serve customers in more than 70+ countries with confidence.
AIG is a global insurance company offering a range of products. AIG is one of the largest companies specializing in the UK business insurance market – covering thousands of mid-sized and smaller companies and many public sector organizations.
The benefits of purchasing trade credit insurance from AIG are
Their experienced local underwriting teams and policy servicing capabilities are supported by their operations, serving customers in over 160 countries and jurisdictions.
They provide clients with flexible program structures to allow a high level of autonomy when granting credit to customers.
They have over 30 years of experience underwriting trade credit insurance with over $1 billion in claims paid over that time.
They provide non-cancelable trade credit insurance where limits approved by them cannot be reduced or canceled.
Clients can apply for credit limits, review coverage, and access macroeconomic data via their Global Limits online policy management system, any time and from anywhere.
They offer discounted debt collection services through a third-party agency.
QBE, headquartered in Sydney, QBE is a general insurance and reinsurance company with offices in 27 countries and a focus on commercial specialty products and risk management solutions. Since establishing its North American presence in 1991, QBE has focused on diversification, superior product offerings, and unparalleled customer service. The breadth and depth of their Specialty and P&C coverages allow us to deliver tailored solutions on an integrated basis across multiple customer segments.
Trading goods and services with your customers come with risks, many of which can be mitigated with a trade credit insurance policy issued by Chubb. Chubb is the world’s largest publicly traded property and casualty insurance company.
Chubb’s underwriting team works together as a single unit with strategically located hubs in the USA (New York, Chicago & Los Angeles), Europe (London & Hamburg), Latin America (São Paulo & Buenos Aires), Asia (Tokyo & Singapore)
Risk is an ever-present part of any business. That’s why credit insurance companies make insuring your business. Whether it is coverage on your most significant, most trusted buyers or its hedging risk on a new market entrant, Credit insurance allows you to conduct your business with peace of mind.
In today’s volatile credit environment, selling on credit terms is becoming the norm. Yet with this comes customer insolvency, overdue accounts, and political risks. Credit insurance companies help your company mitigate these risks.
Business Credit Insurance, With customers holding the potential to both make and break a business, financial protection is top of the agenda for most business owners, which is precisely the role of business credit insurance.
Because unpaid invoices may make up close to half a company’s assets, they can significantly reduce its cash flow and investment capacity. Therefore, business credit insurance protects businesses like yours against losses from non-payment of a business trade debt. Thus safeguarding your cash flow against debtor insolvency or protracted default.
Suppose an invoice becomes aged or a customer enters insolvency proceedings. In that case, the credit insurance company will ensure that you get paid for any goods or services you have supplied, subject to a designated credit limit.
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Benefits of Business Credit Insurance Coverage
While business credit is a powerful commercial tool for conquering new markets and building customer loyalty, it is also a double-edged sword that can weigh on your working capital and cash flow. As part of your cash flow management strategy, trade credit insurance can help you control this credit risk. it Safeguards your cash flow in the event a debtor falls insolvent or takes longer than the agreed credit period to pay an invoice
Inadequate debt protection can be provided against your entire debtor book, key customers, or just single debtors that may have an adverse credit history.
Allows you to substantially improve your DSO (Day Sales Outstanding), which is the average number of days it takes to recover payment after a sale is made.
Guarantees your ability to manage your operations and investments efficiently in the short and medium-term and secure your growth.
Offers peace of mind to your financial partners, reassuring your bankers or shareholders about the financial stability of your company and giving them a greater inclination to guarantee your financing.
Protects and accelerates your commercial development while controlling the risks that business credit poses to your cash flow, giving you the advantage of an efficient and resilient business credit strategy.
Business credit insurance protects businesses from non-payment of commercial debt. It covers your business-to-business accounts receivable. If you do not receive what you are owed due to a buyer’s bankruptcy, insolvency, or another issue, or if payment is very late, a business credit insurance policy will pay out a percentage of the outstanding debt. This helps you protect your capital, maintain your cash flow, and secure your earnings while extending your competitive credit terms and helping you access more attractive financing.
With business credit insurance, you can reliably manage the commercial and political risks of business that are beyond your control. In addition, business credit insurance can help you feel secure in extending more credit to current customers or pursuing new, larger customers that would have otherwise seemed too risky.
Types of credit insurance
There are several key options to choose from depending on the risk you might be exposed to, which are detailed here:
Whole turnover credit insurance
This is the most common type of credit insurance policy. It covers all (or most) of a business through a comprehensive approach based on its turnover – protecting a business from non-payment from all current and future customers over a typical 12 month period. In addition, it allows a company to offer its customers credit up to a fixed limit, with an overall premium priced on its annual turnover.
Provides the maximum level of credit protection as the facility covers your entire debtor book. Businesses can choose a fixed policy with a set premium price, or they can declare their turnover both at the start of the procedure and at its end to receive a rebate if their turnover was less than initially forecast.
You can choose if this coverage applies to all domestic sales, international sales, or both.
Key account policy (critical customer cover)
With this type of insurance, you choose to insure your largest customers, individual customers with an adverse credit history, or invoices that are highly valued whose non-payment would pose the most significant risk to your business.
As a rule, this type of cover allows you to name up to 10 key customers. After that, you can select the limit level, but you remain entirely responsible for all customers not named on the policy.
Single risk cover
Also known as specific risk insurance or a single buyer policy, this type of cover protects a business from non-payment from a single customer or contract. For example, if most of your transactions are with one customer, you can choose a trade credit insurance policy that ensures against potential default from just that customer.
The premium price is based on the size of the customer’s turnover or the contract value, and it’s often taken out by companies that rely on a significant buyer for most of their sales. Funders or investors who want the business to buy protection against a primary customer can request this type of credit insurance. Often this is seen in public companies, but it can cover any company with a good quality of credit.
Protects against the credit risks associated with trading abroad, it safeguards a business from their overseas customers failing to pay and can sometimes include political risk insurance.
Businesses can take out a policy that purely covers their exports or domestic trade, but most policies will accommodate both. As such, international business credit insurance is often integrated into a standard approach for businesses that trade internationally. It can offer a breadth of protections and classic cover for insolvency and defaulting customers. For example, companies can cover for anything from political risk to currency shortages to social and economic instability to government intervention.
What is Not Covered by business Credit Insurance?
Business credit insurance only covers business-to-business accounts receivable from commercial and political risks. Outstanding debts are not covered unless there is direct trade between your business and a customer (another company).
How does business Credit Insurance Work?
Substantial business credit insurance remains the most reliable way to deal with trade credit risk and avoid cash flow issues. It protects and accelerates your commercial development while controlling trade credit risks to your cash flow.
With trade credit insurance, you ensure that you are compensated quickly in the event of bad debt, so your working capital ratio improves, uncertainty regarding your cash inflows is significantly reduced. Your bankers or shareholders can be reassured about the financial stability of your company.
Business Credit Insurance Policy Claims Process
When signs indicate a company is experiencing financial difficulty, the insurer notifies all policyholders that sell to that buyer of the increased risk and establishes an action plan to mitigate and avoid loss.
If an unforeseeable loss occurred, policyholders would file a claim with supporting documentation. Then, the insurer would pay the policyholder the claim benefit, typically within 60 days from the date of loss on domestic claims.
How much does business credit insurance cost?
How much your premiums cost depends on several factors. First of all, it commonly depends on the nature of the cover you need – that’s to say, whether you’re looking to insure your entire sales ledger or a select few clients.
Secondly, the higher the limit of indemnity you require, the more you will typically have to pay for your premiums. Thirdly, insurers consider the credit rating and history of your existing and potential clients to work out their potential risk, which may include factors such as the industry in which you operate.
Your premium will either be fixed or rated. A fixed premium is set for the policy duration, and companies can pay the tip in a series of monthly installments or one lump sum. A-rated compensation, however, works by applying a percentage rate to the total amount of revenue you are insuring or the estimated insurable turnover for the policy period. This gives an estimated premium amount, which is typically paid by deposit through the policy.
Then, you would have to supply a declaration of turnover to your insurer at the end of the policy, which provides the actual insurable turnover. Then, the premium rate is applied, and the substantial premium amount is calculated. If the company has overpaid, the insurer will refund the difference. However, if the actual premium amount is more than the estimation, the customer must pay the excess to the insurer.
Key business credit companies you can work with
Brokers have the right relationships with a range of insurers that enable them to get the most suitable cover for each client. The following companies are some of the critical providers you can work with:
Euler Hermes is one of the world’s leading business credit insurers with a history spanning over a century and offices operating in over 50 countries. Its global reach is down to crucial acquisitions of specialist business credit companies, such as Trade Indemnity in the UK. Today, it’s well known as an international expert in surety, debt collection, fraud insurance, and structured trade credit, and political risk.
Coface is driven by their belief in business as a force for good in the world. They have an international network dedicated to credit insurance and risk management, and they help customers with credit decisions to strengthen their ability to sell domestically and overseas.
A nexus is a London-based group founded in 2008, which has since grown into an international independent specialty managing general agent (MGA). Represented in nine key countries, Nexus offers perceptive business credit policies and guidance among their specialties.
AIG is a global insurance company that offers a range of products; AIG is one of the largest companies specializing in the UK business insurance market – covering thousands of mid-sized and smaller companies and many public sector organizations.
QBE – headquartered in Sydney, QBE is a general insurance and reinsurance company with offices in 27 countries and a focus on commercial specialty products and risk management solutions.
Chubb is the world’s largest publicly traded property and casualty insurance company, which we occasionally work with for specialist cases.
The Goal of Business Credit Insurance
Ultimately, should an unexpected loss occur, the trade credit insurance policy provides indemnification, thus protecting the policyholder’s revenue and bottom line? In addition, by maintaining a solid relationship between the insurer and the credit management department, trade credit insurance may be the wisest investment a company can make to protect its profits, cash flow, and capital.
The ultimate goal of credit insurance is not simply to indemnify losses incurred from default but also to provide businesses with the support and knowledge they need to avoid foreseeable losses from the start.
Cheap Hosting, I’ve managed a lot of websites over my career. So naturally, therefore, the hosting provider you choose matters. Using the first-hand experience as a starting point, I waded through all the dependable hosting options and narrowed it down to the best web hosting providers.
But how cheap is too cheap? There are a lot of attractive options out there. Separating the good deals from the scams is essential.
If you are looking for the lowest price on hosting, there are only one or two dozen reputable vendors to consider. Unfortunately, that list gets even smaller for cheap web hosting plans that deliver good service.
The web hosting industry has made huge improvements over the years, and the prices of quality hosting setups have dropped significantly.
Still, not all hosting companies are created equal, and you still have to be very careful about which specific company and which hosting plans you choose.
Ready to get your site online for as little as possible? These are my top picks, followed by a brief guide to help you assess your options.
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DreamHost- Most Affordable Month-to-Month Hosting Plan
Not everyone wants to sign a long contract for hosting, but you usually have to get the lowest price. Typically, you have to pay the whole amount upfront, which can get expensive even when looking at cheap plans.
DreamHost offers similar discounts if you want to sign a contract, but if you don’t, DreamHost’s month-to-month pricing is the lowest out there. Their month-to-month plans start at $4.95/month. This plan includes one website with unlimited traffic, along with a free SSL Certificate—a great deal. They also offer one-year and three-year contracts that start at $2.59/month, allowing you to save even more money. So even though it’s not the lowest on this list, it’s still a good deal.
TThere’sreally no way to get a lower price without a commitment. This can be important for cash-strapped startups betting on growth. Instead of a big upfront spend, they can budget a predictable monthly hosting cost into the equation.
Now you might think that no contract would mean a money-back guarantee. The truth is DreamHost has a zero-risk 97-day money-back guarantee. TThat’sthe longest time to try a web host that I know of.
Along with great prices, DreamHost also stands out for the way they manage their web hosts. They ddon’tuse the standard cPanel that most hosts use. Instead, DreamHost offers an ultimately custom control panel to manage your website. This is great for developers who want more control over their websites.
Hostinger- Most Affordable Hosting Plans Overall
Is it the best choice if you are relooking to save money? They offer four years of hosting for $1.39/month if you pay for the four years upfront—TThat’san a fantastic deal. Four years of Single Shared will cost less than a single year of hosting through most other providers.
From the marketing to the UI for managing your site, it’s the premium host with a deep roster of features on every plan. Hostinger also offers a separate program just for email hosting. That starts at just $0.99/month. The uptime, site speed, and support are all pretty good too.
Okay, great. But I know you rethinking the low rate must mean annoying domain limits and few free tools to build your business.
Hostinger is loaded to the brim with features and functions. Hostinger’s Single Shared Hosting plan supports one site and includes:
100 GB bandwidth
30 GB storage
One email account
Free SSL certificate
99.9% uptime guarantee
24/7/365 customer support
Optimized for WordPress with one-click installation
User-friendly control panel
Cloudflare protected nameservers
There’s no free domain name included, which isn’t a big deal if you already have one. However, if you need a free domain name, more storage, or unlimited bandwidth, Hostinger lets you upgrade your plan while keeping costs low:
Hostinger does a lot to ensure that the service is easy to use. Set up takes minutes and zero technical skill.
If you ever have issues, Hostinger’s customer service is always available and has a phenomenal reputation. The company gets you in the door with budget-friendly prices and keeps you around with quality support.
Bluehost- Best web hosting for beginners
There’s probably no easier way to get your new website off the ground than with Bluehost. And it won’t cost you much at all, as the company offers incredibly feature-rich shared Hosting starting at $2.95/month.
They offer great shared web hosting solutions at incredibly affordable prices. They’re also tailor-made for folks who are new to website building.
If you are building a WordPress site, I recommend checking out your options at Bluehost. The company is one of only three hosting providers that is officially recommended by WordPress. In addition, the integration is fantastic, and the installation is automatic.
First off, Bluehost has some of the cheapest hosting rates around. And even the most basic plans are loaded with features and values.
You get a free domain name for the first year. Not only do you get to skip that expense, but the convenience of registering your domain through Bluehost cuts down on time it takes to go live.
If this is your first site ever, you will be grateful for how simple the process is. But, on the other hand, if you’ve built sites before, you will appreciate everything that’s done for you.
For example, you get a free SSL certificate for your site, and enabling it takes one click on the dashboard. This is critical for keeping all of the information on your site secure and letting visitors know that the place is safe to visit.
You can get free SSL certificates from other places, but they will not be this easy to install, trust me. And you will have to renew them every couple of months.
With Bluehost, it’s completely hands-off, and you are always protected.
You also get a free content delivery network (CDN) through Bluehost’s partnership with Cloudflare. Again, this is going to improve site speed and performance with near-zero work on your part.
Okay, so on top of the free domain name, SSL certificate, and CDN, Bluehost gives you:
50 GB storage
24/7 customer support via phone and live chat
$100 Google Ads credits
Automatic WordPress installations and updates
Custom WordPress themes
30-day full refund if you aren’t satisfied
These features are included with the Bluehost Basic shared Hosting, which starts at $2.95 per month. If you have to upgrade, prices stay affordable at the higher tiers.
You can even go for the second-most powerful package, Choice Plus, for the same price as the Plus package. The bot offers unlimited websites and storage, but Choice Plus has domain privacy included and one year of free automated backups.
Be aware that Bluehost renewal rates are about two to three times higher than the introductory rate. This is why I recommend signing up for an extended plan to max out the discount period.
Even at total price, though, Bluehost is competitively priced compared to the field. This is especially true when you consider the long list of features you get and the ease of getting set up.
It’s as hands-free of a hosting experience as you could ask for, and when you want to develop your site, all the tools are right there.
With Bluehost shared hosting, you can use another content management system (CMS) besides WordPress if you want.
If you have a new site in mind, make Bluehost your one-stop shop for getting online. Get everything set up in a single place instead of having to go through a domain registrar. Best of all, you’ll get a great deal in the process.
A2 Hosting- Fast & Reliable Shared Hosting
The cheapest web hosting options won’t work if you grow your eCommerce site past a certain point. But, if you are just getting your online store up and running, there is no better budget-friendly option than A2 Hosting.
You can get everything you need to launch for $2.99/month with the A2 Startup plan. Of course, you’ll have to sign a contract to get the lowest rate, but you’ll be ready to go within minutes.
Along with PayPal integration, the cheapest A2 hosting plan comes with one-click installs for five of the top eCommerce platforms, including WooCommerce, OpenCart, and Magneto. As a result, there’s hardly any backend IT work to start selling.
A2 Hosting offers some of the best site speed and security for the price, which is essential for online stores.
Shoppers won’t stay in your content is slow to load. A2 takes care of all the technical legwork that goes into maintaining high-performance servers. In addition, it’s compatible with Cloudflare’s free content delivery network, which can boost your speed as well.
Most shoppers won’t even come if Google says your site’s not safe. That’s going to happen if you don’t have an SSL certificate. A2 includes one for free, and it’s always enabled.
This is a huge perk because you can get free SSL certificates elsewhere, but it’s on you to configure and renew them, which can be frustrating.
Most of the other security benefits are similarly hands-off. For example, the virus scanner, firewall, and brute force defense are on autopilot—you’ll receive notification if there’s something you need to do, but A2 handles a lot on its own.
And if you have an issue you can’t solve, A2 will help. Read reviews. The company has some of the happiest web hosting customers on the planet. If you need to move your old site to A2’s servers, they have a team that will do it for free.
The A2 Startup plan is aptly named—it won’t be enough once your site matures. But by the time you’ve hit that milestone, your site will be bringing in more than enough money to justify the cost of upgrading.
I like A2 Hosting for online stores because of the speed, security, and generous limits on storage. For example, 100 GB is twice as much as you get with Bluehost.
And if you aren’t happy with your service, A2 Hosting will refund your account within 30 days of purchase. It’s an authentic, hassle-free money-back guarantee.
Your online reputation matters, so it’s tremendous peace of mind to know that customer service is always there. In addition, A2 Hosting representatives are incredibly knowledgeable. They will help you resolve issues quickly before your online store takes a hit.
HostGator – Best for Lean/Minimal Needs
HostGator is one of the most affordable hosts on this list, at least when you sign up for the promos. It’s also known for its fast speeds and simple WordPress integrations.
HostGator is best for any business that’s looking for simple websites.
If you don’t need a boatload of extra features from your web hosting provider, go with HostGator.
With Hostgator, you can lock in a meager rate and get excellent uptime for less than you paid before. In addition, after the zero-stress migration, you get high-quality customer support available any time of day by phone and live chat.
The HostGator sign-up process takes no more than a few minutes. After that, you receive several one-click installs like the one for WordPress. The website builder has a drag and drop interface for rapid designing, and the eCommerce tools and free SSL should help you secure an online store.
It’s cheaper web hosting, better service, and very few limits on what you can do. Some of the highlights include:
Free SSL certificate
Free domain (or registration transfer)
One-click WordPress install
Free website builder
Free Google Ads and Bing Ads credits
The good news is that Hostgator provides tons of tools to help you optimize the content on your site and keep things running at top speed. In addition, the interface is straightforward to use, which gives you complete control over your site and databases.
Hostgator offers a 45-day money-back guarantee. If you don’t like what you see, you have more than a month to jump ship without paying a cent.
iPage lets you create unlimited websites for under $2/month. Every other plan on my list requires you to purchase an upgraded plan to support more than one site.
With iPage, its unlimited sites, domains, and storage. Like similar “unlimited” offerings, your service has no hard and fast limits, but there are restrictions on how much your site can demand from the shared server.
So, when iPage says they offer scalable bandwidth, it means they aren’t metering the traffic to your site. Of course, you could still hit restrictions, but there is no set cap for the number of site visitors.
Most people looking for cheap Hosting for their websites won’t have to worry too much about these limits. iPage can support 99.5% of customers without any issues at all. The company will work with you to make sure you’ve optimized your site if you start to approach restricted usage limits.
In addition to providing the cheapest multi-site hosting option, iPage gives customers access to a ton of free tools to build and nurture their site.
You get a free domain name for the first year, along with a free SSL certificate. On top of that, you get a free email with autoresponders. You can use the email provided or manage your website accounts with Microsoft Outlook and other third-party apps.
iPage Hosting includes a free website builder, which can help you customize the look and feel of all your sites. WordPress is a one-click installation, as are other popular content management systems like Joomla and Drupal.
For less than $2 per month, all of this is yours. Other benefits include:
24/7 customer service
One-click installs for OpenCart, Magneto, and PrestaShop
Integration with popular email marketing software services
Site traffic reporting
30-day money-back guarantee
There is no month-to-month pricing for iPage Go. You can sign up for one, two, or three years. The longer the contract you sign, the lower the introductory pricing and renewal rate you get:
I’m not aware of another hosting provider who gives you a discount on your renewal rate for signing an extended contract, so that is a unique perk.
As I mentioned, you’ll never have to upgrade to a different shared hosting plan. You get everything they offer with iPage Go. There are hardly any limits on your resources. If your site gets too popular to be supported by shared Hosting, iPage has some more powerful hosting solutions at competitive prices.
GreenGeeks – Best Eco-Friendly Hosting
GreenGeeks is an eco-friendly alternative to other web hosting providers.
What does that mean? It means they’ve used renewable energy to power their web hosting services.
Aside from being good to the planet, their web hosting services are top-notch. They offer fast speeds, solid uptime, and great solutions for:
Reseller Web Hosting
Virtual Private Servers
Speaking of pricing, GreenGeeks offers three levels of managed WooCommerce Hosting:
Lite: starting at $2.49/month
Pro: starting at $4.95/month
Premium: starting at $8.95/month
The only drawback of that pricing structure is that the starting price is for a three-year commitment.
That could be a bit too much of a commitment for someone just trying GreenGeeks on for size or worried about massive, rapid scaling over that time. But GreenGeeks’ prices don’t jump up wildly for shorter terms, unlike some other providers.
Like other hosts, they provide an automatic 1-Click WordPress Installer and auto-updates to keep your WordPress site up to date.
They also provide daily backups and advanced security features to help you keep your data safe and secure.
All of this comes backed by some of the best customer support in the category. You can browse the GreenGeeks knowledge base or reach out to a rep via live chat, phone call, or email. Their phone center is available Monday through Sunday, 9 a.m. to midnight Eastern, and GreenGeeks has an excellent track record of responding to any email request within 20 minutes.
SiteGround is an excellent hosting platform for beginners and companies with smaller sites. The pricing is reasonable, you receive tech support at all times, and the WordPress integration is seamless.
Fast loading times are paramount if you want your website to gain traction. Nine out of ten potential page visitors will bail if a site takes five seconds or longer to load.
SiteGround is built to deliver top-class speed to its customers, as well as rock-solid security. And particularly for WordPress sites.
It starts with the technology their Hosting is built upon. SiteGround utilizes Google Cloud to maintain fast and stable connections, and their SSD persistent data storage ensures low latency.
Not only that, but SiteGround’s innovative developers rolled out their own, better PHP solution in late 2020—Ultrafast PHP. Through it, SiteGround delivers site speeds 30% faster than standard PHP while also reducing time to the first byte by half and memory usage by 15%.
I’ll save you the trouble of doing the math yourself—SiteGround will make your site so fast that you’ll be counting page loading times in fractions of a second rather than whole ones.
Ultrafast PHP also exemplifies SiteGround’s commitment to proactive security. They update firewall rules on this proprietary PHP weekly.
SiteGround isolates accounts on their servers, so even shared hosting customers never have to worry about one compromised account negatively impacting others.
Beyond that, they are ever-vigilant in keeping their customers’ sites secure and stable. For example, SiteGround runs server health checks every 0.5 seconds and its AI-driven anti-bot system blocks between 500,000 and 2 million brute force attacks every hour.
This combination of speed and security can work for most sites. But, as one of WordPress’ recommended web hosts, SiteGround is particularly apt at delivering this performance for WordPress sites.
They add an extra level of security, thereby constantly scanning for emergent platform vulnerabilities and offering auto-updates.
Plus, all SiteGround plans—not just their WordPress hosting options—include one-click WordPress installation, the WP Starter site builder, and auto-updates for the WordPress platform and its plugins.
Keep in mind that each plan will renew at a decently higher rate after one year. SiteGround also gives you options at checkout to pay for a 24-month or 36-month term instead.
However, SiteGround gives excellent discounts on renewals for longer than one year. For example, two-year renewals get a 20% discount on the base renewal rate, and three-year renewals get 30% off.
So, in terms of long-term value, you’re still getting the best deal by capitalizing on their great intro rate for one year upfront.
InMotion Hosting – Best VPS Hosting
InMotion offers truly superior technology, a wide assortment of plans, and a legion of longtime customers.
InMotion also gives you a massive self-help knowledge base. So if there’s something wrong, there’s probably a guide out there to help you.
Customer support is also among the best. Don’t believe it? Try for yourself. InMotion’s 90-day free trial period for shared Hosting is one of the longest around and gives you plenty of time to test out InMotion’s support team.
InMotion’s plans are really straightforward and almost identical. As you upgrade, you’ll get faster servers and different databases, websites, and subdomains. I like a direct approach, especially for small businesses and websites that aren’t overly complex. No pushy upsell or confusing tiers to worry about.
Even the entry-level plans have excellent customer support. It’s 24/7 via five communication channels: phone, chat, email, tutorials, and Q&A, actively answered.
I also appreciate that none of this support is hidden or hard to find. For example, the phone number is broadcast at the top of the page, and the chat support login is easy to find in your admin panel.
There’s nothing more annoying than 24/7 support that requires you first unearth the contact methods on your own. It’s a waste of time and tells me exactly what I need to know about the host.
I also appreciate that the support is available at your level — whether you’re just starting and need someone to walk you through the ultimate basics with a friendly and supportive demeanor, or you want someone who can talk specs and technical nuances like a pro, the InMotion support has you covered.
InMotion also has some of the best VPS hosting options. They even have two types of VPS hosting so you can get the exact amount of support or flexibility that you want:
InMotion regularly runs promo pricing, with deals that start as low as $5/month. Standard pricing for shared Hosting bumps up to $8–$9/month after the initial contract is up.
10 Nexcess – Best for scaling and growth
Nexcess is a web hosting solution from Liquid Web.
Where they shine is managed eCommerce hosting. They offer e-commerce hosting for:
So if you’re looking to make an online store, they should be a top consideration for you.
Their Nexcess Cloud Accelerator—a feature that adds a layer on the cloud stack that increases the speed of your website’s loading time. That’s a massive boon because speed is everything when keeping your customers on your website and browsing.
They also offer a massive suite of plans for each of their web hosts.
This makes Nexcess perfect for any growing business looking to scale. No matter where you are with your business, there’s likely a plan for you with Nexcess.
On top of that, they have a dedicated support team available 24/7 to help you address any technical issues as they occur. Very important when it comes to web hosting.
If you’re running an eCommerce website or a startup that you know will increase, Nexcess should be in consideration.
Prices vary depending on which CMS platform you want to use. But their WordPress plans start at $15.84/month
Namecheap is an ICANN-accredited domain name registrar providing domain name registration and web hosting in Phoenix, Arizona, US. Namecheap is a budget hosting provider with 11 million registered users and 10 million domains. Wikipedia
they have the best cheap Hosting you can find on this list and others; Register now
While times may change, our commitment to our customers never waivers! For the last 22 years, our team has been committed to helping you drive your business and reach your goals. Although technology has changed since we started in 1999, our core principles of quality, service, and support have remained the same. Our company has evolved its product offering to include Shared Hosting, Cloud Hosting, Quick Servers, and Dedicated Servers, along with colocation services to continue to exceed our customers’ expectations and remain BEST IN CLASS.
InterServer can provide its extensive customer base with innovative products and services designed to complement its existing businesses as a leading Webhosting provider. We service customers ranging from individual freelancers to Fortune 500 companies, both domestic and international. InterServer takes tremendous pride in our commitment to ensure security, reliability, and technical expertise for each customer. In addition, we are one of the few service providers that offer around-the-clock customer support with live representatives available 24/7.