Tag: review

Accion Review

There is a lot of talk out there about Accion small business loans.  When it comes to this type of alternative lender, it can be hard to know for certain what you are getting into. There are so many predatory lenders in the industry these days, you can never be too careful. You should research any lender before you apply for a loan from them. In this review, we’ve done the work for you to help you  make an educated decision.

Is An Accion Business Loan for You?

The thing is, Accion isn’t for everyone. Some of their loans are specific to certain regions. Others are for pretty much anyone nationwide. What’s what, and what’s right for you? 

What is Accion? 

They are a nonprofit lending network dedicated to helping small businesses.  They offer small business loans, some grant opportunities, and other resources designed to help both startups and established small businesses grow and thrive.

Globally they have been working their magic for 55 years across 4 continents.  Tens of millions of entrepreneurs have been helped by them.  They came to the United States in 1991.

Get our business credit building checklist and build business credit the fast and easy way.

Who Do They Lend to?

They lend to small business owners in general, from all backgrounds and most industries. However, they specialize in underserved populations. These may include:

  • Women-owned businesses
  • Veteran-owned businesses
  • Businesses owned by Native Americans
  • Business owners with disabilities
  • And Minority Owned businesses

They also boast specificallying helping to fund salon owners, green businesses, and those in the restaurant, food, and beverage industries. 

What Types of Small Business Loans Do They Offer?

There are a few different types of loans. However, two of them are only available in certain areas of California. These are the Rapid Loans and the COVID-19 Relief Loan program.

Alternatively, they also have SBA Community Advantage loans that are available nationwide. These loans range from $50,000 to $250,000.  These are for established businesses with less than 100 employees.  It is also available to partially funded startups that need larger loans to scale.

You can also see more options that may be available to  you by specifying which area of the country you are in by zip code.  Interest rates vary by region and risk factors, ranging from 7% to 34% APR. 

What Makes Them Different From Other Lenders?

They do not rely as heavily on credit score in the decision making process as more traditional lenders do.  Rather, they look closely at the whole financial picture. If your credit isn’t great, they work with you to help determine your business strengths.  Then, they help you determine which products they offer may be a good fit for your business.

The application process is completely online. However, you are not left wondering if you qualify or not, or why you do not if that is the case. Within 2 days you will receive a personal phone call walking you through your approval status. If you are approved, they will work with you on the rest of the process.

If you are not approved, they don’t just say “see you later.” They offer help and resources to improve your situation.  You can reapply in 3 to 6 months.

Not only that, but they have some grant opportunities as well. First, there is the Small Business Live Restart Grant Fund.  They also partner with Samuel Adams for the “Brewing the American Dream” program, which includes the “Pitch Room” grant competition.

Get our business credit building checklist and build business credit the fast and easy way.

Do You Have to Have Good Credit to Qualify for an Accion Loan? 

They do not rely as heavily on credit as traditional lenders. However, they do require a minimum personal credit score of 575. That is, except for the Community Advantage program which requires a minimum of 525.  In addition, they have strict requirements related to debt and financing. These include: 

  • You must be current, described by Accion as no more than 30 days late, on all debt and bills. 
  • If you are late, within the 30 days, it must be by less than $3,000. 
  • You can have no bankruptcy in the past year. 
  • There can be no foreclosures in the past 2 years.
  • There must be at least 2 years worth of revenue.  
  • You must have the cash flow to repay the loan. 

For startups, the 2 most recent pay stubs must also be provided, along with a partner referral from an organization such as SCORE or an SBDC.  Theremust also be a business plan with a cash flow projection, and the owner must have at least 20% of the total cost invested.

Other restrictions may apply based on a number of factors. 

Do They Have a Good Reputation? 

Accion loans Credit SuiteAs part of a review, it is always good to look at other online reviews and ratings on sites such as the Better Business Bureau and Trust Pilot. The organization is not rated on either of these.  In fact, there are not a ton of reviews out there at all. However, their longevity and lack of substantial negative reviews speaks volumes. 

Accion Pros and Cons

The major pro of working with Accion is the accessibility to underserved populations. They are a nonprofit organization with a mission to help, not hinder, small businesses.

The big con is that their product options are severely limited if your business is not in California.  Also, the interest rates can get high, depending on where you are and what risk factors are present. 

What to Do If You Do Not Qualify

What if you do not qualify for a loan with Accion? Well, there are a number of options. However, as mentioned, they will help you understand the reasons why you did not qualify, and help you figure out how to change that.

What they do not do is help you find other funding options, or help you build your business credit. All of their loans are business loans, and therefore guaranteed by the business. Most, however, will also require a personal guarantee. They will offer coaching to help you correct the issues keeping you from loan approval with them, but they do not work on establishing and building a business credit score. This is  hugely important to overall company fundability.

Get our business credit building checklist and build business credit the fast and easy way.

This is where the business credit experts at Credit Suite can help. These experts can help you assess your fundability, and walk you through the process of correcting it. In addition, they already work with reputable lenders, and can help you find the lenders and funding options that best fit your needs and eligibility right now. 

Conclusion

This is the real deal,  and they offer great options for those in underserved populations or that do not have great credit.  It’s concerning that they do not list more solid interest rates on their website, but this is for a very good reason. Rates vary widely based on location. However, the online application process is fast.  You should know what, if anything, is available to you in a couple of days.

Also, keep in mind that whether or not you can get a loan from Accion, Credit Suite’s experts are available to help you build fundability, increase your business credit score, and make sure your business is in the best position to get the funding it needs at the best rates and terms available.

The post Accion Review appeared first on Credit Suite.

Biz2Credit Review

There are a lot of companies out there that claim to help you get business funding. It can be hard to tell which ones are legit and which ones are scams. Predatory lending is a big issue in the world of business loans, and you have to be on your toes.  You need to research any company before you decide to work with them. 

Biz2Credit is one option, and we’ve done the leg work for you in our in-depth review. 

An In Depth Look at Biz2Credit

It can be hard to navigate the business loan waters alone. Sometimes, a lifeboat comes along and throws out a life preserver. They can help you get your business safely where it needs to be. Sometimes, however, these businesses are sharks in disguise.  How do you tell the difference, and which one is Biz2Credit?  

Biz2Credit Review: Background

Biz2Credit has been around since 2007.  They are backed by Nexus Business Partners, as well as 225,000 small business customers.  The company has helped thousands of small business owners obtain over $2 billion in funding across the United States. 

What Does Biz2Credit Do?

They are not a bank. They do not directly fund loans. What they do is accept and process applications for loans, matching small business owners to the best lender and small business financing products to meet their qualifications and needs. How do they do this? Their proprietary platform innovatively matches business to the capital sources that best fit them. 

Biz2Credit Review: Products 

They offer a number of options for business financing that business owners can apply for. They will help you figure out which option is best for your business needs. Remember, details such as available amounts, rates, terms and requirements can change frequently. Always check with them directly for the most up-to-date information. 

Working Capital

You can get working capital loans that range up to $2 million with Biz2Credit.  They claim it only takes 4 minutes to apply and 24 hours for approval.  Funding happens in as little as 72 hours. 

You must have at least $250,000 in annual revenue, be in business at least 6 months, and have a 575 or greater credit score. 

Term Loans

They offer term loans of up to $250,000 with rates starting at 8.99%.  Final rates depend on many factors, including the borrower’s credit score. The timeline for the term loans is like that of the working capital loans.  The application process is fast, taking as little as four minutes.  Approval usually happens within 24 hours and funds are available by 72 hours in. 

To qualify, your business must have revenue of at least $250,000, you must be in business at least 18 months, and your credit score must be now lower than 660.

Biz2Credit Credit Suite

Check out our professional research on bank ratings, the little-known reason why you will – or won’t – get a bank loan for your business.

Commercial Real Estate Loans

These loans top out at $6 million.  Rates start at 10%.  The timeline is a little longer for these, with qualification approval coming in at around 48 hours.  Closing times for these loans vary. 

The qualification requirements for the commercial real estate loans are the same as for the term loans. You must have at least $250,000 annual revenue, a 660 or above credit score, and be in business at least 18 months.  One difference is, you also have to own commercial property. 

Biz2Credit PPP

During this past year, over the course of the COVID-19 pandemic, Biz2Credit has also worked with a lender to process applications for the Paycheck Protection Program.  Many who applied with them did so because they were one of the last accepting applications.  Like many lenders in the midst of the program, there were some definite rough spots, however they very well may be approved to help again if the program continues. 

Is Biz2Credit Legit? 

They are.  They have an A+ grade with the Better Business Bureau and an average of 3.86 starts out of 26 reviews.  On Consumer Affairs, they have close to 3.5 stars with 31 ratings. Reading through the reviews on Consumer Affairs, it seems that virtually all of the bad reviews are related to the PPP program. Almost every other review is 5 stars.  This definitely appears to be a legit business, and it seems they work with reputable lenders. 

How to Find More Legit Lenders Avoid Predatory Lenders

So, Biz2Credit is a great option.  Working with them can be a good step in finding the funding you need while avoiding predatory lenders, as it looks like they work with lenders that are reputable. But, what if they will not work for you? What if you do not meet their requirements or you need a different type of funding? How do you find a lender that can help without falling prey to the sharks? You have to know the signs of a predatory lender. 

Signs of a Predatory Lender

What are the signs of a predatory lender? There are many, and not all of them are an automatic stop sign. However, some are. All of these are definitely red flags that should cause you to take a closer look. 

Focus on Monthly Payment Rather Than Actual Loan Amount

If  a lender insists on one large payment at the end of the term, with only interest payments being made each month until that point, proceed with caution. 

Unnecessary Extras Without Your Knowledge

Another common practice of predatory lenders is adding unnecessary extras onto the loan. These are usually things the borrower does not need and is not even aware of their inclusion.  The most common of these seems to be insurance products that do not offer any benefit.

Confessions of Judgement

If a borrower signs a confession of judgement, they are basically agreeing to lose in a court battle if there is a dispute about repayment.  Many cash-advance companies, which make up a large faction of predatory lenders, have their borrowers sign one of these.

New York state law is friendly to this type of contract. Regardless of where a loan takes place, it may include a “New York confession of judgement.” 

 If you see one of these in your loan documents, do not sign it.  It only benefits the lender, not the borrower.
Biz2Credit Credit Suite

Check out our professional research on bank ratings, the little-known reason why you will – or won’t – get a bank loan for your business.

Punishment for Early Payment

Look closely at loans that have a penalty for prepayment.  The bottom line is, early payment is good.  Even though the lender may lose some interest, they should not be too opposed to early repayment. Alone, this should not be the reason you do not take a loan as it isn’t uncommon. But, it should make you tread carefully and be on the look out for other red flags. 

Seeking the Weak 

Business loan companies that specifically seek out underserved populations, such as minorities and immigrants, and those with bad credit are cause for concern. Especially if they are contacting business owners that fit into these types of categories unsolicited, or targeting them with marketing campaigns designed for them specifically.  In fact, those that fall into these categories are more likely than others to fall prey, according to a 2015 Center for Responsible Lending Report.

Starting with a Bad Deal

Some lenders try to earn trust by admitting they are offering a bad deal.  Then, they promise to fix it in the future. Usually this includes a claim that they will allow for a refinance later that will be better. Don’t fall for it. A bad deal is a bad deal.  

Loan Flipping 

While flipping a house can be very profitable, loan flipping is actually a classic predatory lending move. When the lender sees that you are struggling, they will offer a refinance. But, you end up paying points and fees again.  As a result, before it is over, you could owe more than your original loan.
Biz2Credit Credit Suite

Check out our professional research on bank ratings, the little-known reason why you will – or won’t – get a bank loan for your business.

The Best Way to Avoid Predatory Lenders Is to Work with a Business Credit Expert

In the end, even knowing all the signs doesn’t guarantee you will avoid the sharks. This is especially true if your credit isn’t great.  They can smell blood in the water. Biz2Credit seems to work with reputable lenders, but sometimes that’s not enough.  

In addition to researching lenders, reading reviews, and making phone calls, you need someone on your side to ensure you are set up in the best way possible to get the best funding options for you. 

Our experts at Credit Suite can not only help you find the funding you need, but so much more. They can help you assess your overall fundability so that you can see where your trouble spots are. Then, they can help you make the necessary changes, including helping you build business credit, so you can get the funding you need to run and grow your business.

The post Biz2Credit Review appeared first on Credit Suite.

What are Google Review Summaries?

What are Google review summaries, and how do they impact consumers’ view of your brand?

First impressions matter. When people search for a business or your specific business name on Google, one of the first things they see is your Google listing and the corresponding reviews. 

Those reviews, positive or negative, impact how they view your brand. 

What others have to say about your brand could impact how people perceive your brand. It could help them decide if they want to do business with you or not. 

It could encourage them to give you a call, visit your website, or stop by your local shop. Or it may encourage them to keep looking for a business with better reviews. 

Let’s talk more about Google review summaries and what they mean for your company.

Intro to Google Review Summaries

Google review summaries are the snippets of three customer reviews for your brand. Using an algorithm, Google automatically chooses three reviews to highlight. 

They are called summaries, because they are just one or two lines pulled from a full review. To read the whole review, searchers can click on the summary. 

Those three review summaries may be positive reviews, negative reviews, or a mixture of those.  

Where Do Your Google Review Summaries Appear?

It starts in the Google Knowledge Panel

Even if you aren’t familiar with that name, you probably are still familiar with the Google Knowledge Panel. It is the box of information that shows up in a Google search when you look for a particular brand, especially local or location-based businesses. 

The Google Knowledge Panel includes descriptive information, business address, location on a Google map, contact information, website, hours of operation, questions and answers, popular times, photos, social media profiles, and popular web results. 

It also includes the Google review summaries. The summaries can be found about midway down the Google Knowledge Panel, below the photos. 

Looking for Google Review Summaries

When you search for a local business, such as a store, restaurant, office building, medical practice, and more, Google provides a listing of local options. When you click on one example, the Google Knowledge Panel is displayed. 

That will provide the Google review summaries. 

You can also search directly in Google Maps. Pull up Google Maps to search your current location or type in the area you want to search. Then type in the brand or type of place you’re looking for. 

When you click on each option, you’ll see the Google Knowledge Panel. Scroll down to see the review summaries. 

Looking For Google Review Summaries

How Place Topics Shape Google Review Summaries

Place topics are an element of the Google review summary algorithm that highlights popular keywords related to your brand’s reviews. 

They cannot be chosen by the brand owner, or by reviewers. They are simply generated automatically by Google, if a brand has enough reviews. Although according to Google, that threshold number is not specified. 

Here’s an example of place topics in a Google review summary for a grocery store. You’ll see some of the highlighted topics are insightful, such as “lunch meat” while others are rather generic. 

This speaks to the automated algorithm that just pulls in commonly used phrases. 

How Place Topics Shape Google Review Summaries

These are more useful when many reviewers speak about a certain product or service, or other phrase that helps viewers understand more about what makes a brand unique. 

Where Google Review Summaries Come From

They come from Google reviews that are submitted by users on Google maps. Those who have visited a specific location can log in to their Google account, find a place on Google maps, and choose to submit a review and star rating. 

Google review summaries are pulled from those reviews. 

How Impactful Are Google Review Summaries?

These review summaries can impact how customers perceive your brand, even before they contact you or stop by your location. 

They could decide to scroll by or click on a competitor, if they aren’t seeing reviews that impress them. Alternatively, they may choose to click on your website, check out your location, or contact you directly to get more information about your brand. 

Do reviews really matter to customers? 

The statistics say yes. In general, reviews influence buyers. Almost 90 percent of buyers read reviews to make their buying decisions, according to BrightLocal. According to that same report, a majority are only impacted by reviews written in the last three months. A large portion of those same consumers only consider reviews written in the last two weeks. 

A quarter of consumers look to customer reviews with every online purchase they make, according to this PowerReviews report.  

It’s not just the words that Google highlights in the reviews that people read in the summaries. A big factor in people making decisions about your brand is the star factor. The star ratings make Google review summaries stand out. 

According to this report, over half of consumers say that a star rating is the most important review factor. A large majority say that a trust-worthy brand should have three or more stars in a five-star system, like Google reviews. 

So yes, reviews do impact buyer behavior and your brand’s reputation. But there’s more to the Google review summaries than the impression they leave on consumers. 

They can also have an impact on SEO. 

According to this report, reviews actually aid in your search engine optimization strategy. Although they are only a part of an SEO strategy, reviews help with creating more generated content and rank for the right keywords.  

In addition to those Google reviews that support SEO, you can continue to boost that by responding to Google reviews. 

Google also stated that interacting with consumer Google reviews for your brand can improve visibility. In other words, staying up-to-date in responding to reviews can improve your SEO.

That means more people will see your brand, see those Google review summaries, and hopefully leave reviews so you can respond. Reviews actually create a cycle of more reviews and better SEO. 

How to Get Positive Google Review Summaries 

By design, Google reviews and Google review summaries are not something business owners have direct control over. Otherwise, everyone would go in and manipulate things to shed the best light on their business! 

Does that mean that getting positive reviews is completely outside your direction? Not at all. 

The best thing you can do is to run a business with the customer in mind. It sounds obvious, but it’s truly the best way to get the positive feedback you’re hoping for. 

In our busy world, it’s easy to lose sight of the customer, but at the end of the day, they control not only the reviews, but also your income. 

Sometimes, the old adage really does need to ring true: the customer is always right. 

Ensure Customers Have a Good Experience

The first step is to audit the entire customer service experience. This can be a part of your overall brand audit

Think about every touch point your customers have with your business, from first learning about your products and services, to asking questions, to purchasing, and the follow up. 

Take a step back and dig deep. Ask the hard questions. Are you still offering a quality product? Are you still meeting a market need? If you aren’t getting rave reviews, it may be time to make some tweaks to ensure you are providing products and services your target market really needs. 

Ask for Reviews

It’s simple, but effective. 

To get more Google reviews, sometimes all you need to do is ask. There are lots of ways to convince your customers to review your brand, but just asking is a good place to start. You can include a link to your Google location in an email or social media post, encouraging happy customers to share their feedback. 

Ask your most loyal customers to leave feedback. Those who are most satisfied with your product or services are often eager to share that happiness with others and are most likely to provide positive reviews. 

Of course, keep in mind that you can’t tell them what to say, and even your happiest customers may be painfully honest about a less-than-ideal experience they had with you or a bad day with your product or service. 

That’s why the first tip is the most important. Always look for ways to provide the best service you can. 

Respond to Google Reviews (Good and Bad!) 

Keep the good vibes going. When people respond well with positive reviews, you can hop in there and thank them. Responding to Google reviews adds to your social proof and brings some humanity to your brand. 

Don’t just wait for negative reviews to respond, as we will discuss below. Encourage more positive reviews by showing that you really are reading reviews and taking them to heart. 

What to Do When You Have Negative Google Review Summaries

Like it or not, negative reviews happen. 

In a customer-driven system like Google review, you don’t have full control over what is posted about your brand. In fact, negative reviews can be a good thing—they show your brand is real. 

When those bad reviews happen, here’s how to respond. 

First, Relax

No one wants to hear bad news about their brand, especially when you work hard to provide a great experience, as we talked about above. 

But there’s hardly a business owner who hasn’t come up against this kind of conflict. The first thing to do is take a deep breath and understand that businesses need negative reviews. They add to the authenticity of your brand. 

Consumers understand that not everyone is going to have a perfect experience with every brand. 

Put It in Perspective

Sometimes negative reviews can shine light on positive aspects of your brand. 

When a customer reads a review about how something didn’t work for them, for instance, other customers can learn more about what you do offer. 

Imagine a customer complaining that they couldn’t find a meat option at your vegetarian restaurant. It’s an exaggerated example, but shows how a negative review could be a positive for some readers.

Decide How to Act

Have a “negative review plan” in place, well before your first one rolls in. It’s important to remember the reputation you want your business to have, and to keep the long game in mind. Google recommends responding quickly, honestly, and with a level of positivity. 

If you think a review is inappropriate or violates Google’s policies, if it’s particularly vile, etc., you can request that it be removed. Remember, you can’t just have a review removed because you disagree with it or don’t want it out there. 

Think About the Ratios

There’s no perfect number of reviews for everyone, but when it comes to reviews think about the ratios. One bad review isn’t going to hurt you if you have dozens of positive reviews. 

To get an idea of how you’re doing, think like a customer. How will they read the negative reviews in light of your positive ones? Would one negative review impact your buying decision? In most cases, one or two bad reviews (especially if they are several months old) won’t impact your brand. 

Conclusion

Google review summaries are social proof. They give your brand authenticity and shed light on your company when people Google you. 

These kinds of online reviews help customers understand what you’re all about and how you’ve helped people in the past. To improve the quality of your Google review summaries, start by working to get more online reviews

Don’t forget the power of responding to reviews—whether they are good or bad. Customers expect some bad reviews, but how you respond can make all the difference. 

How do Google review summaries help you make purchasing decisions?

The post What are Google Review Summaries? appeared first on Neil Patel.

GoDaddy Review

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GoDaddy hosts millions of websites all over the world as a giant in the hosting and domain name selling game. Its long list of products offers just about anything you might need to get a website up and running on a shoestring budget, at least for the first year. 

After lots of research, comparison, and consideration, it’s safe to say GoDaddy satisfies most of your website needs, especially if it’s your first time building a site and you want affordable VPS hosting. 

Beyond that, and as with any other web hosting and domain name provider, there are solid pros and cons to its plans and packages. 

GoDaddy Compared to The Best Cheap Web Hosting

I curated a top list of affordable web hosting providers, so you know your options if you need to start a website on a budget. GoDaddy is one of the best choices if you want hosting that’s a step above shared hosting with its affordable VPS hosting plan. For the price that some hosting providers would charge for shared hosting, you can get VPS hosting through GoDaddy. 

But, if you’re trying to find a more robust web hosting solution for your web project, GoDaddy does start to get expensive quickly. That’s why I deem it a great option for starter sites that can do with either shared or dedicated hosting and that don’t need tons of server power to run well. 

You don’t have to make a hosting decision in a hurry, though. See all of my top picks to make a more informed decision. 

Who is GoDaddy Best For?

GoDaddy is great for beginner website owners that want an affordable and convenient start for their websites with generous storage. GoDaddy also does well with around-the-clock site security monitoring, but perks like SSL certificates are add-ons you’ll have to purchase as extras. 

This is why it’s a great hosting option for smaller and beginner websites working with a budget and don’t need too many robust website solutions. 

GoDaddy: The Pros and Cons

There’s no question GoDaddy is one of the biggest names out there as far as how recognizable it is. It also houses the most domains globally, with over 17 million domain names on its roster. 

Still, there are pros and cons to choosing GoDaddy as your web hosting provider. Here are the more prominent ones to take into account.

Pros

24/7 support: GoDaddy ensures it’s always within reach if you ever need a hand or run into trouble with your site. You can either reach them by phone or use its handy chat support option. 

Lots of storage: When you look through and compare GoDaddy’s hosting plans, it’s generous with its unmetered bandwidth feature for all tiers.  

Affordable .com domain: GoDaddy offers you the chance to snag a domain for only 99 cents  for the first year, which can save you money as you begin. 

Unlimited site hosting: Most GoDaddy plans let you host an unlimited number of websites except for its cheapest Economy plan. 

Convenience: Since you can manage your domain and website in one place, GoDaddy offers convenience in managing both from one dashboard. 

Cons

Constant upsells: GoDaddy is notorious when it comes to its upsells through every step of the checkout process. While it does honor the prices for each tier if that’s all you’re going for, it’s quick to suggest add-ons and extra features you might not need. 

Expensive renewal rate: This is one of the reasons why I think GoDaddy is great for beginner sites that just want to get their foot in the door with hosting. Once that initial year is up, GoDaddy’s renewal rates can start to get costly for what you get. 

Charges for add-ons: Other hosting providers throw in free first-year domain registration, for example, or include free SSL certification as part of its plans. GoDaddy does not always include these features depending on the plan you choose and can charge extra for them.  

Inconsistent customer support: Support for GoDaddy isn’t always top-notch as convenience and reliability are concerned. There is always the possibility of long wait times to be connected to the right person. 

GoDaddy Pricing

GoDaddy’s prices can be broken down into two main categories: Domain name purchases and hosting plans.

Domain Names

One of GoDaddy’s strengths is its huge list of domain name extensions. Its cheapest .com option, which is also one of the most popular extensions, is affordable for only 99 cents for the first year. 

If you happen to choose a hosting plan that doesn’t include a free domain name, a 99-cent .com extension isn’t a terrible price to pay. 

GoDaddy makes it easy to create, search for, or check on your domain name’s availability. GoDaddy offers some of the most affordable domain name plans out there as far as introductory pricing goes. 

Hosting Plans

Here’s a closer look at each of GoDaddy’s hosting plans:

Web Hosting

  • Economy – $5.99 a month
  • Deluxe – $7.99 a month
  • Ultimate – $12.99 a month
  • Maximum – $19.99 a month

WordPress Hosting

  • Basic – $6.99 a month
  • Deluxe – $9.99 a month
  • Ultimate – $12.99 a month
  • Ecommerce – $15.99 a month

WordPress Ecommerce Hosting – Starting at $15.99 a month

Business Hosting

  • Shared Hosting – $5.99 a month
  • Business Hosting – $19.99 a month
  • VPS Hosting – $4.99 a month

VPS Hosting

  • 1 vCPU – $4.99 a month
  • 2 vCPU – $19.99 a month
  • 4 vCPU – $39.99 a month
  • 8 v CPU – $69.99 a month

Dedicated Server

  • DS 32 – $129.99 a month
  • DS 64 – $169.99 a month
  • DS 128 – $299.99 a month
  • DS 256 – $399.99 a month

Windows Hosting – Starting at $5.99 a month

  • Economy – $5.99
  • Deluxe – $7.99
  • Ultimate – $12.99

Reseller Hosting – Starting at $39.99 a month 

  • Enhanced – $39.99
  • Grow – $49.99
  • Expand – $64.99
  • Established – $89.99

It’s safe to say GoDaddy offers a ton of hosting plans that cover anything you might need. A giant list of 27 different hosting plans leaves little to be desired. 

I highly recommend you spend the time carefully walking through each hosting option and its corresponding tier according to your site’s needs. 

If you know you’re going to be using WordPress as your CMS, then you’ll want to pay special attention to its WordPress solutions. They’re geared for SEO compatibility, speed, and ease of use once you sign up for a hosting account. 

I’d like to highlight GoDaddy’s VPS hosting plan, as it’s one of the most affordable on the market. Other big-name hosting providers don’t even come close to how affordable GoDaddy’s VPS hosting plans are. You can’t beat a $4.99 price point for a self-managed virtual private server plan. 

GoDaddy Offerings

GoDaddy hasn’t gotten as big as it has without offering an extensive list of website building and hosting options. Once you land on the homepage, it can be overwhelming and hard to know where to start. 

To simplify its long list of plans and tools, there are three main categories its product offerings fall under. Let’s take a closer look at each one and how they stack up. 

GoDaddy Name & Protect

GoDaddy Name & Protect offers some useful domain tools:

  • Domain name transfers
  • Domain name generator
  • Domain name search and WHOIS tools
  • SSL Certification
  • Website backup tools
  • Protect against malware and site attacks

If you’re starting a website, you know you’ll need a domain name, and this is where GoDaddy shines. It’s the biggest repository of domain names, and it’s sure to have the domain name you’re looking for.

If you happen to want a domain name that’s taken, you can try out its domain brokerage services or try the domain name generator to come up with a new site name.  

Like any other reputable hosting provider, GoDaddy also offers SSL certification, website backup tools, and your standard protection against malicious cyber attacks. 

Because GoDaddy offers plenty of usable domain tools, it’s frequently rated as one of the most popular hosting providers out there. 

But the fun doesn’t stop there. GoDaddy also offers plenty of website building and growth tools. 

Go Daddy Build & Grow

GoDaddy’s Build & Grow product offerings include:

  • Website builder
  • Online store builder for ecommerce sites
  • An extensive array of hosting options
  • Email and Microsoft 365 tools
  • Second mobile phone number
  • Digital marketing suite
  • GoDaddy marketing services

If I were to list every single tool GoDaddy offered its customers, we’d be here forever. As a web host and domain name registrar, GoDaddy seems to have taken the route of going wide instead of going deep with its key features and offerings. 

This can either appeal to you as a customer or turn you off and onto other hosting providers. It all comes down to what you value in a web host and what you’re willing to invest or need to manage your site successfully. 

The most important feature in GoDaddy’s Build & Grow product offering is its buffet of web hosting options. Here’s a more in-depth look at each.

Web Hosting: GoDaddy’s most basic hosting plan starts at $5.99 a month. Not quite as cheap as other beginner-friendly hosts, but still considerably affordable and great for starter sites that want to build their online presence. 

WordPress Hosting: WordPress hosting is specifically optimized for WordPress users in terms of speed and accessibility. WordPress plans start at $6.99 for basic hosting perks, including 30 GB of storage along with a free domain, free business email, and free SSL certificate. This plan works for you if your site hoovers around the 25,000 visitor mark. With three additional WordPress tiers, the deal only gets sweeter the more you pay per month. 

WordPress Ecommerce Hosting: GoDaddy has solutions for ecommerce hosting as well, with plans starting at $15.99 a month along with free WooCommerce extensions. Once you sign up to one of its WooCommerce tiers, you’ll easily be able to download and install WordPress and WooCommerce together to get up and running in no time. 

Business Hosting: A business hosting plan comes with more dedicated resources, but with a simplified control panel, so you don’t need a full IT team to manage your site. Plans start at $5.99 a month for shared hosting, which you can eventually upgrade as your site grows.

VPS Hosting: GoDaddy’s self-managed virtual private hosting plan is definitely one of its redeeming offers because of how affordable it is for developers and system administrators that want a more hands-on approach to their websites with plenty of customizable options. Plans start at just $4.99 a month, and it comes with one CPU Core, one GB RAM, and 100 GB SSD Storage. This is a steal when compared to what other websites charge for similar VPS hosting packages. 

Windows Hosting: Yet another solid GoDaddy option for Windows fans that starts at just $5.99 a month and comes with a free domain, 100 GB of storage, and a free Office365 email for your first year. If you’re already using Windows products, this can be a great plan to integrate into what’s already working. 

Reseller Hosting: Are you a reseller looking for reliable hosting resale options? GoDaddy lets you use its servers to build your own hosting business, starting at just $39.99 a month. If you’re in a unique position where you need more hosting options, you’ll have to give them a call to strike a deal with its sales team. 

Dedicated Server: GoDaddy has over eight powerful dedicated server plans you can choose from, each with its own set of isolated resources at your disposal. This is perfect for system developers and agencies looking for fast and reliable server capabilities. 

Plans can start as low as $129.99 a month. If you’re a beginner building a website for the first time, plans like these aren’t necessary to successfully build and grow your site. But it’s still good to know you have the option of powerful dedicated servers if you were to need it in the future. 

GoDaddy doesn’t hold back in giving you plenty of customized web hosting options. But it’s up to you to decide which tiers are right for you according to your website goals. 

This is what makes GoDaddy so beginner-friendly. It caters to basic hosting needs as well as more advanced options with specific server needs.         

GoDaddy Pro

The GoDaddy Pro dashboard is where developers and resellers can manage client projects. A hub where you can manage all your tools, content, support, and discounts, as well as get in touch with GoDaddy support. 

Since I’m recommending GoDaddy as a great host provider for beginners, the GoDaddy Pro dashboard might not be a necessary tool for you if you aren’t a webmaster or reseller. But it’s a free option if you’re interested in signing up for it. And it’s another way to get in touch with support. 

The Best Cheap Web Hosting Provider

My team and I have created an in-depth review for the best cheap web hosting providers on the market you’ll want to read before making any real hosting decisions that you can see here. Here’s a quick recap:

  1. Hostinger — Best Web Hosting Plan Under $1
  2. Bluehost — The Best Value in Web Hosting
  3. A2 Hosting The Best Customer Service
  4. HostGator — The Best Cheap Cloud Hosting
  5. iPage — Best Cheap Web Hosting Features
  6. GoDaddy — The Best Cheap Hosting for Beginners

Overall, GoDaddy is a great cheap hosting provider for beginner websites who’d like affordable VPS hosting, especially in their first year. It’s a more budget-conscious option than others out there, and it offers plenty of add-ons you can choose to include in your plan, so you’re never left without the hosting tools you need to succeed.

Once you’ve made up your mind on a hosting plan, you can get started with GoDaddy here.

The post GoDaddy Review appeared first on Neil Patel.

SiteGround Review

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SiteGround is one of the most popular web hosting providers out there. Over two million website users trust SiteGround for their hosting needs. 

They offer a wide range of hosting options, plans at different price points, and phenomenal customer support. Whether you’re a small blog, medium-sized business, or large online store, SiteGround has an option for you. 

In a nutshell, SiteGround is a host that your business can grow with, which is pretty darn important. 

SiteGround Compared to The Best WordPress Web Hosts

SiteGround fares exceptionally well against other products in its category. It’s without a doubt a key contender for top web hosting for WordPress services. 

But what I love most about it is that they’re both extremely scalable and dedicated to supporting your WordPress website. 

Whether you’ve got 10,000, 25,000, or 100,000 visitors, there is a plan for you. There is also room for exponential growth for websites starting out without committing to the highest available plan. 

SiteGround also supports your WordPress website with their specifically designed features (which we’ll discuss below) and their 24/7 WordPress wizard customer support team. 

But I appreciate that you may have different needs or wish to explore your hosting options a bit further before committing to one host. 

That’s why we’ve taken the time to research and test some of the top web hosts for WordPress for you. Be sure to see all of my top picks before making your decision. 

Who is SiteGround Best For?

If I were extremely broad, I would say SiteGround is excellent for just about anyone who wants to host their website on WordPress. 

But to get specific, I’d say SiteGround is best for a small website owner who has little to no experience running a website and expects their website to grow over time. With flexible plans and excellent customer support, SiteGround is great for beginners and scaling over time.

SiteGround: The Pros and Cons

The Pros

Top-Notch Customer Support: Ever had seemingly unresolvable issues with technology and tried everything under the sun to fix it to no avail? Yeah, me too. 

Building a website doesn’t have to be scary or traumatic when you have SiteGround support on your side—your wish is their command. The customer support team is phenomenal. They receive almost a 100% satisfaction rating every year. 

Their 24/7 support comes via a live chat channel, phone support, and a helpdesk ticketing system. Even the most complex issues are resolved in an average time of 15 minutes, meaning you can get back to business asap. 

These things are super important for a beginning website owner to combat the inevitable challenges they face.

WordPress Recommended: SiteGround hosts over 80% of the two million domains on WordPress. With this in mind, it’s no surprise that they are experts at managing WordPress. 

Many of the support team are highly trained in WordPress and will happily assist you with WordPress related troubleshooting, compared to other hosts, who will simply tell you it’s not their issue (which truthfully, it isn’t). 

This is also why SiteGround has developed and implemented WordPress-specific features, such as the SG Optimizer, WP Auto Update, and Supercacher, in their plans. I’ve not come across another host that can boast such features, so SiteGround stands out in this area.

Low Introductory Price & Money-Back Guarantee: With a monthly hosting solution starting as low as $6.99 per month, SiteGround is a perfect option for even the most beginner website creators. 

Furthermore, the lead-in hosting plan includes all of the key features a new website owner would want in a plan, rather than having the absolute bare-bones to get the user to commit to a higher plan immediately. 

If something goes wrong, or your website doesn’t function the way you expect it to, you can get a full refund of your hosting fees within 30 days of signup.

Excellent Uptime & Site Speed: Uptime and site speed go hand-in-hand. Uptime refers to the amount of time the server stays up and running, while site speed refers to how quickly your website loads. 

You can see below that SiteGround’s average uptime over 12 months is 99.98%, with only 73 minutes of total downtime over the whole year. Reliable uptime means your website is virtually guaranteed to be running around the clock, keeping visitors happy.

Have you ever heard the notion that if your page doesn’t load within three seconds tops, you’ll lose the visitor’s interest? 

You won’t have to worry about that with SiteGround. They claim that they load your website four times faster than other hosts, so you won’t have to worry about visitors losing interest while waiting for your graphics to load. 

And, as you’ll see here, their slowest load time between 2019 to 2020 was 693 ms. 

Free Website Transfer: Many people are worried about making the switch to a new host. After all, it’s a scary process. What if you lose your entire website or cause irreparable damage? 

With SiteGround, you don’t need to worry. They’ll do it for you.

Most hosts will just move the files over. But SiteGround will also make the necessary tweaks to ensure everything is working smoothly for you after the transition. 

No blood, sweat, tears, or big bucks required in switching to a new host. SiteGround includes the WordPress migrator plugin in their plans, though if you prefer a professional to do it, it will cost you only $30 per website. 

Free Daily Back-Up: Most hosts will only back your website up every other day or even once a week. So, if anything happens to your website that you can’t fix, you might be forced to go back an entire week, meaning you’ll lose everything you’ve done in the meantime. 

But, with SiteGround, the worst-case scenario is that you’ll only lose the changes you’d made in the 24 hours since the last back-up. If that’s not peace of mind for someone making constant changes to their website, I don’t know what is! 

Great for Scalability: When you’re just starting out in business, there is no way but up, right? With SiteGround’s flexible range of plans, you don’t have to worry about outgrowing your host. Simply upgrade your plan as your business grows.  

The Cons

Renewal Price: As dreamy as the promotional rates of SiteGround’s hosting plans are, once the honeymoon is over, it’s truly over. 

When you renew, your rates will jump up quite high. The cost of your plan will essentially triple across the board once your promotional period is over. Ouch.

The best way to combat this is to sign up for the longest term available on the promotional period, which is either 24 or 36 months before you face the higher renewal rates.

No Monthly Billing Cycle: The higher renewal rates might be easier to cop if you could pay month-to-month. But unfortunately, monthly billing is not something that SiteGround offers. 

Personally, this is not a deal-breaker for me, but I can certainly appreciate how it may be restrictive and frustrating for some.

Storage Limitations: The low amount of storage space available on the shared hosting plans is unlikely to bother most of you reading this post. However, if your site does grow beyond 40 GB, you’ll have no choice but to switch to the more expensive cloud hosting plans. 

The StartUp plan includes just 10,000 site visitors, so if your website traffic grows exponentially too quickly off the bat, you may find yourself needing to upgrade your plan sooner than you think. 

SiteGround Pricing

SiteGround offers three tiers for their hosting options:

  • StartUp
  • GrowBig
  • GoGeek

These tiers’ pricing remains the same across the board for web hosting, WordPress hosting, and WooCommerce hosting. Cloud hosting has its own levels and pricing, which we’ll discuss. 

StartUp 

As the name suggests, this plan is perfect for those new to business or looking for smaller websites. The StartUp plan allows you one website, 10 GB of space, and up to 10,000 monthly visitors. Pricing starts at $6.99 per month on the introductory offer. 

Some other features included in this plan are:

  • Free WordPress Installation
  • Free SSL
  • Daily Backup
  • Free Cloudflare CDN
  • Free Email 

Overall, it’s a great plan for those who are just getting started. The only thing to be wary of is outgrowing your monthly visitors limit. If you think you’re going to scale quickly, it would be worth starting straight off with the GrowBig plan.

GrowBig  

The GrowBig plan is perfect for medium-sized businesses or those who know they will be managing more than one website. You’ll have access to unlimited websites, 20 GB of web space, and up to 25,000 monthly visitors. Pricing starts at $9.99 per month on the introductory offer. 

Aside from the features included in the StartUp plan, this plan also includes:

  • On-demand Backup copies
  • Speed-boosting Caching 
  • Staging environment 
  • Add collaborators to your site

It’s easy to understand why GrowBig is SiteGround’s best-selling plan. It includes a range of great features that are easy to use and will fit the brief most in need of a website out there that expects a steady traffic flow. 

GoGeek

The GoGeek is the most extensive shared hosting plan SiteGround has to offer. As the name suggests, it’s designed for ‘technology geeks’ who want lots of control over their website. 

The GoGeek plan will give you unlimited websites, 40 GB of web space, and up to 100,000 monthly visits. Needless to say, it’s truly designed for large businesses with a high volume of traffic. Pricing starts at $14.99 per month on the introductory offer. 

The GoGeek plan includes all the features mentioned above, as well as: 

  • Register your clients with white-label access to Site Tools
  • Use more server resources for higher process execution time
  • Ultrafast PHP for faster page loads
  • Priority support from SiteGround’s most experienced customer support agents

In a nutshell, this plan is for those of you who know what you’re doing with websites. If you don’t understand some of the plan’s technological features, it may not be the best plan for you. Unless, of course, you have a specialist on your team to manage your website and need access to high volume traffic capabilities. 

Cloud Hosting

We’ll touch on the cloud hosting product offerings shortly, but in terms of pricing, there are four plans for SiteGround’s cloud hosting: Entry, Business, Business Plus, and Super Power. 

As you can see in the screenshot below, the pricing ranges from $110 to $410 per month. The major difference in the plans is CPU cores, memory, and SSD space. 

Due to the easy scalability of the cloud hosting options (which you’ll learn about shortly), you can confidently start with the Entry plan if it’s your first time using cloud hosting. 

SiteGround Offerings

SiteGround Web Hosting

SiteGround offers fast and secure web hosting for websites of any kind. Their general web hosting product is optimized for a range of Content Management Systems (CMS) such as WordPress, Drupal, Joomla, and more. 

You’ll be able to build and launch your website quickly and easily with their full website solution, including your choice of site builder: WordPress or Weebly. If you’re an online store, you’ll be able to install the shopping cart of your choice for free. 

Domain registration is easy and affordable with SiteGround, so you’ll be able to enjoy the convenience of managing both your domain and your site in one place. 

You’ll also have access to an unlimited number of email accounts when you create your domain, which is perfect for managing different areas of your business. 

SiteGround WordPress Hosting

SiteGround is one of the few web hosting companies that offer hosting options specifically for WordPress. As mentioned previously, they are even highly recommended directly by WordPress. 

With SiteGround, you won’t need to download and install WordPress manually. Instead, you’ll be able to automate the process with a simple click of a button using the WordPress Launch feature. 

Upon login to your new website, you’ll be prompted to set your site up simply and easily with SiteGround’s WordPress Starter kit. The whole process takes minutes from start to finish, even for a beginner!

One of the most popular features of SiteGround’s WordPress hosting is the free SiteGround Migrator plugin. This feature is perfect for users who may hold their website with another host and wish to transfer over to SiteGround. 

Better yet, if you’re not confident in your abilities to navigate the migrator plugin, you can have a WordPress whiz from SiteGround do it for you for an additional fee. 

SiteGround WooCommerce Hosting

SiteGround also offers hosting options for users looking to build a powerful online shop using WooCommerce. This plan comes with WooCommerce pre-installed, saving you time and hassle, allowing you to straightaway focus on uploading products to your online store. 

With WooCommerce, you can sell any type of product or service online. SiteGround will support your ecommerce growth by keeping your website safe with a unique AI anti-bot system, free pre-installed SSL, and custom Web Application Firewall (WAF).

If you choose the WooCommerce GrowBig or GoGeek plan, SiteGround will also include a convenient staging tool. You’ll be able to develop your store safely, testing changes and updates made on the staging copy before going live. 

SiteGround Cloud Hosting

Cloud hosting is a relatively new way to host websites. It’s an ideal solution for businesses and websites of medium to larger sizes, who have the capacity to grow very quickly. If you are starting to outgrow your shared hosting plan, cloud hosting is the next step. 

SiteGround’s cloud hosting will provide you with guaranteed resources with your very own RAM and CPU. You can also upgrade the RAM, CPU, and disk space of your cloud plan at any time. Better yet, there is no downtime with this process—the resources are added immediately. 

If you want to automate the scaling process, you can do that, too! SiteGround’s unique auto-scale option will adjust your CPU and RAM to meet the needs of unexpected traffic surges, preventing any slowness or downtime. 

The best part is that the scalable amount is pre-determined by you, so you’ll still have control over the scale’s parameters. 

Finally, cloud hosting with SiteGround will also include a free dedicated IP. This feature will give you peace of mind that your website is safe from IP blacklist due to other webmasters’ actions.

The Best WordPress Web Hosting Service

Not sold that SiteGround is the perfect match for you? Or maybe you simply want to know what else is out there, so you can ensure you’ve chosen the best of the best. I get it. 

That’s why we’ve written a whole post about the Best WordPress Web Hosting Services out there. Here are the contenders I’ve reviewed:

1. Bluehost — Best WordPress Hosting For New Websites
2. DreamHost — Most Versatile WordPress Hosting Plans
3. Nexcess — The Best For Customized Managed Hosting Solutions
4. SiteGround — The Best For Scalable Traffic
5. WP Engine — Best Managed WordPress Hosting
6. A2 Hosting — The Best For Site Migrations
7. IONOS by 1&1 — The Best For Pro Users

The bottom line: Would I recommend SiteGround for your web hosting needs? Absolutely.

They have a range of plans to suit any business and budget, and they compete well with their competitors in terms of features. They excel in site speed time and offer phenomenal customer service. With all this in mind, they are a sound choice. 

The post SiteGround Review appeared first on Neil Patel.

Squarespace Review

Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission.

Do you need a website builder that lets you build beautiful sites without needing to learn all the technical stuff? Squarespace is an intuitive site builder that enables you to create beautiful websites easily and quickly. The huge drag-and-drop website builder was started in 2004 by a University of Maryland college student and has since flourished into an amazingly streamlined website builder that has been used to create millions of websites. 

Squarespace Compared to The Best Website Builders

Squarespace stands out for one main reason: it is amazingly easy to create beautiful websites for even the most clueless novice. Though it didn’t make our list of best site builders, Squarespace is still worth reviewing as one of the top website builders on the market today.

In our review of the best site builders, we painstakingly went through each website builder to determine the four top choices for different needs and use cases. I’ve been building sites for years at this point, so you can bet I know a thing or two about what makes a great website builder. Once you read it, you can make the most informed choice. See all of our top picks for the best website builders. Let’s dive in. 

Who is Squarespace Best For?

Without a doubt, Squarespace is the best website builder for designers, artists, and ecommerce stores that want to create appealing sites with incredible visuals with minimal fuss. This makes it an excellent choice for small business owners that want a leg up visually but might not have the budget or know-how for it all.

Since Squarespace is a hosted solution, you don’t have to get into any extra steps to find a server or install software. You can create a beautifully designed site right on your browser, all in one place. 

Bottom line? Squarespace is great for creative people that like to work with templates and a style editor that lets you personalize even the smallest site details. Still, there are major pros and cons to take into account. 

Squarespace: The Pros and Cons

Pros

Responsive site templates: Squarespace offers more than 100 site templates to choose from. Best of all, they’re already built to be mobile responsive. A perk you might not always get with templates from other website builders.

Unlimited storage space: Squarespace offers unlimited storage on every plan. This is stellar news for creative sites that’ll inevitably build an extensive media library over time. With Squarespace, you won’t have to worry about hitting a storage or bandwidth limit.

Supportive live chat: Stuck? No need to worry. With its live chat feature, there is always an agent there ready to help you solve any site building problem you might run into. 

Webinars and help guides: As with most website builders, Squarespace does have a bit of a learning curve as far as the backend is concerned. But to remedy this, it has built an extensive library of detailed help guides and webinars that’ll get you to Squarespace expert level in no time. 

Built-in email marketing: One of my favorite Squarespace features is their built-in email marketing tool. To put it simply, it’s an add-on that empowers you to build eye-catching emails with beautiful templates without having to go through a third party. I don’t know about you, but the less software I have to deal with to get the job done, the happier I am. And you get plenty of integrated analytics to boot. 

Tools built specifically for ecommerce sites: Squarespace doesn’t stutter when it comes to who they cater to. As soon as you find out about them, it’s clear they care about visuals, but they also care about equipping you with the best ecommerce tools to create a dynamic online store. This helps narrow down your web builder choices if you’re specifically looking to create a great ecommerce site. 

Cons

Limited control over your domain name: If you buy your domain name through Squarespace, you won’t be able to migrate it to another hosting provider if you ever decide to do so. This can be a determining factor in whether you want to call Squarespace your site’s home and purchase your domain name in-house.

Limited SEO features: Lots of digital experts question the SEO capabilities of Squarespace. While there are plenty of success stories of sites ranking on Google, optimizing your posts and pages on Squarespace isn’t as intuitive as with other website builders like WordPress or Drupal. If SEO is the primary way you’ll drive traffic to your site, this is a point worth considering.

Squarespace Pricing

Now, what exactly do you need to pay to start using Squarespace and all its beautiful templates? Well, you can pick from a few excellent options

  • Personal – $12 per month billed annually
  • Business – $18 per month billed annually
  • Basic Commerce – $26 per month billed annually
  • Advanced Commerce – $40 per month billed annually

Let’s start with stating the obvious: Squarespace isn’t the cheapest web builder and host out there. But if you’re primarily looking to easily build jaw-dropping websites that catch your target audience’s attention, the price tag for even a personal plan might not be an issue for you.

Personal

Once you decide to go with the Personal tier, you’ll get access to basic site features like a free custom domain, SSL certification, unlimited bandwidth and storage, additional SEO features, access to Squarespace extensions, and 24/7 customer support.

All for $12 per month. While you can get all this and sometimes more with other web builders for less, it’s still worth looking into each of their tiers for a Squarespace plan that fits your needs. 

Business

Squarespace’s business tier is great if you’re trying to find a reasonable price point for an online store with entry-level tools. With its Business tier, you get everything in the Personal tier plus a suite of fully integrated ecommerce tools that’ll equip you to sell and track inventory, accept payments, and more.

You’ll also be able to sell an unlimited number of products, accept donations, and give your customers the ability to create and send gift cards. Bottom line? The Business Squarespace tool is what you should start with for a beginner to intermediate ecommerce business.

Basic Commerce

Think of Squarespace’s Basic Commerce tier like the Business tier’s older brother. While you’ll get all the business tier capabilities, you get a few more powerful perks if you go the $26 a month route.

With Basic Commerce, your online store will be ready to quickly list and tag your products on both Facebook and Instagram, have access to advanced ecommerce analytics, and even create customer accounts. While other web builders can offer a similar mix of services, Squarespace categorizes them so that they uniquely cater to online selling.

Advanced Commerce

Possibly the most significant appeal of the Advanced Commerce tier for Squarespace, at $40 a month, is that there are no transaction fees.

What does this mean for your ecommerce business? A built-in payment gateway ready to process payments with absolutely none of the fees that can quickly cut into your profit margin. 

While you get everything in all the previous tiers, you also get advanced tools to handle shipping, advanced discounts, as well as an abandoned cart recovery strategy that can put more money in your pocket. It’s clear Squarespace has thought of everything when it comes to successfully building an ecommerce business with special attention to both the frontend and backend of things. For this, I’d say they deserve plenty of brownie points. 

But don’t take my word for it. I recommend you carefully read through each of their pricing levels to see which one appeals to you the most. Once you lock into a website builder, it can take a lot of extra work and hassle to switch to a new one. 

Now, let’s see how Squarespace’s main offerings stack up and what you can learn about each of them as far as building your best website goes. 

Squarespace Offerings

There are tons of features Squarespace offers to create and optimize your site. Overall, their offerings separate into three distinct yet helpful categories where they concentrate their web builder tools. Taking a closer look at each one can help you make the best web builder decisions. 

Website Builder and Hosting

Squarespace likes to call itself the leader in web design. And this claim isn’t made in vain. The drag-and-drop web builder and site templates help you create portfolios and professional websites that stand the test of time. To complement their roster of web builder tools, they also offer site analytics as a nice plus.

While I wouldn’t call Squarespace the absolute best content management web builder, it undoubtedly does its due diligence in the design and visual department. It also hones in on the flexibility you’ll need to create a portfolio that’s up to par with your design needs.

Ecommerce

Squarespace does its fair share in the ecommerce department, too, making them a strong contender to house your online store. Their offerings empower you to sell anything, whether it’s products, services, or by booking appointments of any kind. 

If you’re a brand that cares about first impressions to drive sales, Squarespace takes care of you not only with plenty of store templates but also a robust backend that can streamline your work order management. This sets it apart as a web builder tool for selling online since some others simply don’t go the extra mile in this department.

Squarespace goes as far as enabling you to create a membership site, which speaks volumes as far as innovation and keeping up with trends go. Not every web builder out there gets specific with the tools they provide. This is yet another feature that differentiates Squarespace from the rest. 

Brand Building Tools

If there’s one thing Squarespace focuses on as a web builder tool, it’s branding. We’ve already discussed Squarespace as a heavily visual builder. But this doesn’t mean they lack tools in the brand strategy department.

Squarespace lets you create dynamic email campaigns that are just as creative and visually powerful as your site. This means you can easily click and drag the products on your site that you want to showcase or let your audience know about a storewide sale. 

Along with email, Unfold is Squarespace’s unique “storyteller tool.” With it, you can create awe-inspiring social content that’s easily shareable for additional brand exposure. Filters, sticker packs, and easy image editing let you tell your story as a unique brand.

Squarespace is a groundbreaker in the web builder space when it comes to catering to a visual community. They do this by unifying both powerful website building tools that get results and the beauty of design. 

As a website builder that doubles as a host, you won’t see many other Squarespace-like builders that are truly comparable. At the same time, lots of Squarespace features make it more of a niche website builder. It caters to its intended audience powerfully well. 

The Best Website Builders

To make your best choice in website builders, don’t forget to read my in-depth review of four other top website builders you should consider. Here’s a quick overview for your convenience:

  1. Wix — Best for general use
  2. Weebly  — Best for beginners
  3. Shopify — Best for ecommerce
  4. WordPress — Best for content management

Squarespace is a reliable web builder for creatives, artists, and ecommerce stores that keep visuals at the forefront of their business strategy. While its site plans tend to be a bit pricier, Squarespace more than makes up for it by allowing you to build and host your site all in one place and equipping you with a long list of site templates you can customize to your heart’s content. 

Now it’s your turn. What has your experience with Squarespace been? I’d love to hear about it below. 

Get started with Squarespace today and start building your site. 

The post Squarespace Review appeared first on Neil Patel.

WP Engine Review

Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission.

WP Engine is one of the best managed WordPress hosting services out there for website owners wanting to take a hands-off approach to website management. With excellent uptime, a high-performance hosting environment, real-time threat detection, and numerous premium hosting features, WP Engine is the best WordPress hosting service for managed hosting. 

WP Engine Compared to The Best Web Hosting for WordPress 

WordPress web hosting services are a dime a dozen, and WP Engine has been criticized as one of the most expensive of the bunch. If you believe in the adage that time is money, as we do, it is easy to justify WP Engine’s relatively costly plans. WP Engine is one of the best managed hosting services, effectively taking care of the three horsemen of the web apocalypse: downtime, internet security, and page loading speed.  

We also reviewed six more contenders for the best web hosting for WordPress. Each of the seven is great in specific categories. Be sure to see all of our top picks before signing up for WP Engine and get guidance for choosing the best one. 

Who is WP Engine Best For?

WP Engine is a managed hosting service, so people who want to take a hands-off approach to web hosting immediately come to mind. However, if you run a small blog or website with a few thousand visitors per month, there are much cheaper alternatives that work just as well as WP Engine. 

On the other hand, if you are interested in web hosting’s technical aspects but don’t want to get your hands dirty, WP Engine is for you. If factors like site performance, security, backup, cloud platform flexibility, migrations, and optimization keep you up at night, WP Engine could very well be the partner of your dreams. 

Given it’s rather steep (but justified) price tag, we recommend this web host specifically for:

  • Medium to large publishers
  • WordPress websites that rely primarily on online sales
  • Fast-growing startups
  • Professional web designers and developers

For professional WordPress developers, this managed hosting service allows you to build websites from scratch or make changes to an existing site. Devs can create, launch, and hand over the site all from WP Engine’s staging environment. 

WP Engine does only one thing, which is providing managed hosting for WordPress websites. You don’t have to decide between dedicated servers, VPS, shared servers, and so on. If you want to take a hands-off approach to website hosting and server management for a medium to a high-traffic website, it’s hard to think of a better solution than WP Engine. 

WP Engine: The Pros and Cons 

WP Engine focuses on managed WordPress hosting, a business model that has allowed the company to offer unrivaled services in many respects. With access to numerous ecommerce tools, email marketing tools, 35+ Studio Press themes, and plentiful WordPress plugins, it is easy to scale your online business or presence.

WP Engine has a customer satisfaction rating of 97%, and it is easy to see why. The company takes customer feedback and has a dedicated development team to implement suggested changes and new feature ideas. In short, you can expect your experience with WP Engine to improve over the years.

However, WP Engine can have a steep learning curve. This web host targets customers with at least some technical experience. To help the less-technically inclined customers, the web host has an expansive self-help support center. Here, you get detailed step-by-step directions complete with screenshots, FAQ’s, in-depth articles, and more resources to help smooth the learning curve.

Also, WP Engine has multiple data centers worldwide to deliver content to your visitors based on their location. This feature helps to lighten the load on your server, making all the difference during peak times or unexpected traffic spikes. The data centers are located in:

  • United States
  • Australia
  • Canada
  • Belgium
  • Taiwan
  • United Kingdom
  • Germany 

Pros

Exceptional Load Speed: If website loading speed is a top priority, WP Engine does well in this regard. The host’s combination of custom NGINX extension, built-in Content Delivery Network (CDN), and SSD technology ensure that your web pages load quickly. NGINX extension prioritizes human requests over robot requests and offers load balancing, giving your visitors a better experience. For its part, CDN delivers site content to your visitors based on their location to boost your site’s speed and reduce latency. You get this capability for free with all WP Engine plans.  

High Performance: It’s hard to beat WP Engine’s performance, which is why people continue to pay a premium price for this service. WP Engine guarantees 99.95% server uptime, roughly four and a half hours of downtime a year. You can further increase your uptime to 99.99% with enhanced SLA, which translates to a little under an hour of downtime per year. WP Engine will compensate you with hosting credit if your uptime falls below the guarantee. 

Advanced Security: WP Engine monitors all the traffic going to your site and automatically detects and blocks potential attacks. Additionally, the hosting service automatically updates and patches the WordPress core to eliminate potential vulnerabilities. In a worst-case scenario, WP Engine automatically backups your site every day and has a one-click restoration feature to get you back up and running quickly. Finally, this hosting service protects your website against JavaScript/SQL-injection attacks, brute force attempts, and DDoS attacks. 

Good Customer Support: WP Engine has gotten significant backlash over its poor customer support, and the company seems to have taken the hint. The hosting service has a transparent and trackable ticketing system to get in touch with customer care via chat. The support team has an excellent knowledge base and can help you solve problems quickly. You get 24/7 phone support for all plans except the Growth Plan, in addition to 24/7 live chat support on all plans. 

Useful Staging Environment: The staging area allows you to clone your site’s live version and make changes or test new plugins and themes. Anything you do in the staging area doesn’t affect your live site. This feature allows developers to work on websites without interfering with the live site’s functionality or user experience. 

Transferable Installs: Also targeting developers, this feature allows you to build a website from your WP Engine account. You don’t have to wait for the client to add you to their WordPress website. Once completed, you can transfer the site to the client or host the site on WP Engine. This functionality saves time if you regularly build websites for clients. 

Cons 

WordPress-Only Hosting: If you are using any other content management system aside from WordPress, then you are out of luck. WP Engine only works with WordPress. From a business perspective, it makes sense to focus on a single market and offer exceptional services in that area. However, this model locks out many people who could otherwise benefit from WP Engine’s services. 

No Domains or Email Hosting: If you prefer to host your email account and register your domain through your website host, you’ll need to look elsewhere. You’ll have to use third-party services for domain registration or email accounts. 

Inflexible Pricing: WP Engine runs a tight ship, and this is reflected in its pricing structure. You will be penalized for exceeding your plan’s visitor limits. This might not be a problem if you have predictable traffic, and you can always upgrade your plan as your site grows. However, significant spikes in traffic during product launches or seasonal business can cost you substantial overage charges. 

WP Engine Pricing 

There is no other way to put it: WP Engine is expensive. Is it worth the cost? The answer lies in figuring out what you are paying for. 

You can get shared hosting that can handle the same amount of traffic as WP Engine for a fraction of the price. You can even get dedicated hosting for the same price as WP Engine. What you are really paying for here is security, performance, speed, and, most importantly, peace of mind. The ultimate question is how much these things are worth to you. 

With that in mind, let’s take a look at WP Engine’s pricing plans

Startup

The Startup package is the most basic plan and will set you back $25 per month. With this package, you get:

  • 25,000 visits per month
  • 50GB bandwidth per month
  • 10GB storage
  • One site included 

WP Engine targets small websites and blogs with this plan, but we think it may be overkill for most people in this category. You can get a far better deal with shared hosting at Bluehost

However, if you don’t want to take any chances with uptime or need a guarantee that your website can handle 25,000 visitors per month, WP Engine is a sure bet. We’d recommend this option to small businesses, affiliate websites, and blogs making good money and want assurances that nothing will change. 

You can save $60 per year or two months free if you pay annually. 

Growth

The growth plan targets growing businesses and will cost you $95 per month. Here you get:

  • 100,000 visits per month
  • 200GB bandwidth per month
  • 25GB storage
  • Ten sites included a while

This plan is a great entry point for a growing business, and it might be a while before you need to upgrade. With this plan, you also get 24/7 phone support in addition to round-the-clock chat support. This addition will come in handy if you have a complex issue that you need to resolve quickly.

You can save a cool $230 or two months free with annual billing. 

Scale

WP Engine advertises its scale plan as the best value option. This one costs $241 per month. Here you get:

  • 400,000 visits per month
  • 500GB bandwidth per month
  • 50GB storage
  • 30 websites included

We recommend this option for a fast-growing blog or business. You get access to 24/7 live chat and 24/7 phone support in addition to the support center. 

You can save $580 or two months free with annual pre-paid billing. 

Custom

Finally, if you have a mission-critical website or large business, the Custom plan may be appealing. With this plan, you get:

  • Millions of visits per month
  • 400GB+ bandwidth per month 
  • 100GB-1TB storage
  • 30 sites included

You will have to speak to a sales rep to get your personalized quote depending on your requirements. This plan also offers proprietary support should something go wrong. 

WP Engine Product Offerings 

WP Engine breaks down its product offering into four categories:

  • Creative Agility (Site Building & Management)
  • Ecosystem Integration (Open Source Flexibility)
  • Enterprise Performance (Site Speed, Scale & Security)
  • Actionable Intelligence (Site Analytics) 

WP Engine Local Development 

WP Engine offers a full-featured local environment, giving developers more freedom and flexibility. You still get access to your favorite debugging tools, including Xdebug, WP-CLI, and MailHog. 

The one-click WordPress installation allows you to start building your local WordPress site instantly. You can also work in your preferred environment, including MySQL and Hot-Swap PHP 5.6 and PHP 7.3. 

WP Engine Auto Migration

Mercifully, you do not need technical chops to migrate your existing website to WP Engine. The hosting service has a painless WP migration plugin to migrate your site on your behalf, complete with importing your database and replacing domain values. 

WP Engine Environments

WP Engine offers three environments, including Development, Staging, and Production. Access to all their environments is included in your plan at no extra charge. 

The development and staging environments allow you to make changes or modifications without affecting your live website. By creating a replica of your live website, you can check for bugs and errors without losing the site’s functionality. You don’t need to go into maintenance mode to make changes. 

WP Engine Automated Backups

Away from the more dev-facing functionality, WP Engine automatically backs up your website daily to protect your data. You can also backup your site manually. There are up to 40 backup points available and up to 60 most recent backup points if you contact support. 

Rolling back your website to a previous version is as easy as selecting a backup point and clicking Restore. 

WP Engine CDN and SSL Certificates

You get free access to the global Content Delivery Network (CDN) with a single click of a button. With this functionality, you can disperse large static assets like images to various server locations worldwide. Your users enjoy faster download speeds, even during peak traffic. CDN is available on all WP Engine plans. 

Additionally, you get a free SSL certificate, adding an extra layer of encryption to your site.

WP Engine Proprietary EverCache®

With EverCache, you don’t have to worry about the impact of increased traffic on your page speed. This feature automatically caches static content on your site. Additionally, the system evaluates all your incoming traffic and determines which ones to serve and which ones to block. 

EverCache is a built-in caching system that you can customize to meet your unique caching rules. 

WP Engine Managed Core Updates & Patches 

The main appeal of managed web hosting is its hand-off approach to running your website. WP Engine automatically adds new options and features to the WordPress core to improve your site’s functionality.  The host also automatically updates security and maintenance releases. 

WP Engine rigorously tests all WordPress updates, and you have the option to defer some of the updates. 

WP Engine Threat Detection & Blocking

One of WP Engine’s best features is its proprietary approach to security. The host logs all attempts to write to the disk and can quickly identify malicious and non-malicious code. Other security measures include disallowed plugins (those known for security vulnerabilities), a proprietary firewall that can automatically detect malicious traffic, and automatically blocking requests attempting to scrape for author ID information.  

WP Engine Page Performance

WP Engine allows you to track your site’s performance right from the dashboard. You get access to performance and speed data for all your websites, including historical data. You can keep an eye on your performance over time. It is not always easy to know the impact of new site features or plugins. WP Engine makes it possible to track performance and the effect of changes in real-time. 

WP Engine WordPress Plugins 

With WP Engine, you get access to more than 55,000 WordPress plugins, including popular options such as Yoast SEO and Classic Editor. The WordPress Plugin Directory gives you access to the most extensive library of free WordPress plugins. 

WP Engine 24/7/365 Support

Websites are prone to all kinds of emergencies, and WP Engine offers round-the-clock support. The average live chat support response time is 3 minutes. You can reach customer support via live chat or phone call. The host also offers numerous resources to help you solve problems on your own. 

The Best Web Hosting For WordPress 

WP Engine is just one of many excellent web hosting services for WordPress. Check out our top picks for more options and help finding the perfect web host for your needs. 

  1. Bluehost – Best WordPress Hosting For New Websites
  2. DreamHost – Most Versatile WordPress Hosting Plans
  3. Nexcess – The Best For Customized Managed Hosting Solutions
  4. SiteGround – The Best For Scalable Traffic 
  5. WP Engine – Best Managed WordPress Hosting
  6. A2 Hosting – The Best For Site Migrations
  7. IONOS by 1&1 – The Best For Pro Users

The main thing you hear from WP Engine detractors is its high cost. Few people have any real qualms about the host’s actual product offerings. If you are running a small website or blog, you probably don’t need most WP Engine features and functionality. However, if you have a medium to large website with tens of thousands of monthly visitors and growing rapidly, you may want to seriously consider WP Engine. This host allows you to focus on your core business, all the while giving you the peace of mind that your website is available, fast, secure, and ranking on Google. 

The post WP Engine Review appeared first on Neil Patel.

Bluehost Review

Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission.

Bluehost enables you to get a website up and running in no time. It’s a reputable web host used by millions to host their online projects, start businesses, and create something new. What makes Bluehost so special? For one, it offers you a free domain name upon signing up, and you can get started with hosting for as little as $2.75 per month. Bluehost offers these and many other features at an affordable price makes it the hosting provider on the market that provides the best value for your money. 

Bluehost Compared to The Best Web Hosting Services

Bluehost lets you get on a shared hosting plan at an entry-level price. If you’re diving into creating a website as a first-timer, Bluehost is a safe and affordable option that, as I mentioned before, also lets you have a free domain name as part of their deal. This is a nice perk that sets it apart from the rest, along with its customer support options and affordable additional hosting tiers. 

We couldn’t name Bluehost as the hosting provider that gives you the best value for your money without seeing how it measured up to other providers on the market. To help us determine which hosting provider was genuinely worth your time, we compared dozens of competitors and narrowed it down to the top six choices. See all of our top picks to get a more detailed overview of each one and a buying guide.

Who is Bluehost Best For?

Bluehost is ideal for beginners that are starting a website for the first or second time. Say you’re a blogger getting started in your niche, Bluehost enables you to get an easy start without sweating all the technical details.

Along with their customer support features and easy to navigate cPanel, Bluehost ensures your learning curve is as small as possible and gets your site publicly available to the world with plenty of uptime. On the other hand, if you’re looking to start an ecommerce business with tons of products and need the best site speed and dedicated hosting, you might want to look at other options first.  

Bluehost: The Pros and Cons

Pros

24/7 customer support: Not every company can boast 24/7 customer support, especially at such a low entry-level price. Bluehost’s customer support is there for you as you start your site, and anytime you need extra support troubleshooting site errors that are bound to happen.

One year of a free domain: Possibly one of Bluehost’s most appealing features is the free domain name you get for a whole year. This eliminates the extra step of going through a third-party domain seller or investing more money at your site’s beginning. 

Free SSL certificate: An SSL certificate, otherwise known as Secure Sockets Layer certificate, makes sure to authenticate the identity of your website and encrypts important site information. In other words, it’s a must-have for any site you publish. Thankfully, Bluehost provides SSL certification for free.  

Quick site setup: With Bluehost, you can easily get your site up and running in no time with their intuitive and guided step-by-step setup. And if you happen to run into any trouble, you can tap into their chat support feature in real-time. 

Beginner-friendly: Bluehost is ideal for anyone venturing into creating and maintaining a website for the first time. This is because there isn’t a need for advanced web management knowledge or coding when you set up your site through it. To sweeten the deal, they’ve partnered with WordPress and ensured that installing WordPress is a seamless part of the process.  

Cons

Charges for site migrations: Admittedly, when it comes to migration perks, Bluehost isn’t necessarily your best bet. If you want help migrating your site, Bluehost charges at least $149 to migrate your site to or from another platform. 

Not the best fit for high traffic sites: If you’re wanting to scale an already high traffic site and need hosting to meet those specific needs, an entry-level Bluehost plan isn’t going to cut it. You can always upgrade to their more expensive managed WordPress tiers, which we’ll get into below. 

Bluehost Pricing

Bluehost offers several pricing tiers that are pretty clear cut. But after going through them here, you’re still unsure which one can work best for you, reach out to them for a free consultation.

It’s worth noting the price points for each shared hosting tier I review here are only if you purchase a 36-month hosting plan upfront. If you decide to go with a 12 or 24-month plan, the monthly amounts change accordingly.

Going with a month to month plan will also mean your monthly hosting fee will be a tad more expensive. Regardless, Bluehost still stands as the most affordable and value-filled plan you can choose, especially as a beginner.

Now, here’s how each shared hosting tier breaks down along with its value.

Shared Hosting

A shared hosting Bluehost plan is hands down one of the easiest ways to get started building your site. You can start with the Basic plan for $2.95, which is good to create one site with 50 GBs of space. That’s generous when you consider they also include free CDN and a free SSL certificate. 

It doesn’t stop there. Are you running a few websites? Then you’ll want to try the Plus tier at $5.45 per month. It includes everything in the basic plan tier, plus the ability to host and manage an unlimited number of sites, and you’ll get access to Office 365 for 30 days. Not bad. It’s the most convenient tier if you want to reliably start more than one site from scratch without too much overhead cost. 

Their most recommended tier, and the one that gets you the most bang for your buck under the shared hosting plan, is the Choice Plus tier at $5.45 per month with added security features.

You get everything in the first and second tier, plus free domain privacy and free automated backup for a whole year. Since internet security is a growing concern in the online world and the price for this tier is the same as the Plus option, this is the clear winner in my book as far as affordable shared hosting plans are concerned. Added security features can only ever be a plus. 

Finally, if you’re looking for a bit more than that, consider the Pro tier, sitting at $13.95 a month. With this plan, you’ll get additional CPU resources as well as a free dedicated IP. 

As you can see, Bluehost goes out of their way to personalize each tier, so they’re useful in covering what you need. I recommend you take some time to comprehensively look through each tier and its offerings to get the best deal according to your goals. 

VPS Hosting

VPS, or virtual private server hosting, is when hosting is within a shared server but acts as a dedicated virtual space for your site. VPS hosting has become very popular, as it is less expensive than dedicated hosting but gives you better security and potentially better performance than shared hosting.

Guaranteed resources are the name of the game when it comes to Bluehost’s VPS Hosting options. They stack up against competitors well, as they charge you only $18.99 for the standard VPN feature. This includes 2 GB of RAM and an additional 1 TB of bandwidth.

Guaranteed resources are the name of the game when it comes to Bluehost’s VPS Hosting options. They stack up against competitors well, as they charge you only $18.99 for the standard VPN feature. This includes 2 GB of RAM and an additional 1 TB of bandwidth.

Looking through each Bluehost offering, it’s clear they’ve positioned themselves as a beginner-friendly web host, but they also burn the candle at both ends by offering affordable dedicated and VPS hosting. That’s a double win as far as hosting you can rely on if you ask me. 

Dedicated Hosting

The standout benefits of dedicated hosting are security, privacy, and even more control all around. If you know you’ll want the best of the best to host your site for scale and reliability, then a Bluehost dedicated hosting plan is the way to go.

Is your site growing rapidly? Do you see more traffic coming in day after day? Here’s where you’ll want to look into dedicated hosting, yet another reliable Bluehost plan.

To illustrate the power of a dedicated hosting plan, they start you off at a whopping 500 GB of storage space, 4 GB of RAM, and 5 TB of bandwidth for only $79.99 a month. This puts Bluehost as a premium contender in the market, even for their pricier hosting tiers. 

Managed WordPress Hosting

This is an all-in-one managed platform that scales to any demand your website has. All pricing plans for managed WordPress hosting through Bluehost include incredibly fast speeds, marketing tools, and multi-tiered security features.

The most dynamic hosting tier Bluehost offers is it’s managed WordPress option. You can either go with the Build, Grow, or Scale option. Each one offers a different hosting package to fit what you’re looking for. To make the best choice if you decide to go with a managed WordPress option, you’ll want to base your decision on the amount of traffic they’re each appropriate for. 

Each plan comes equipped with plenty of helpful features built to help your site grow. This means storage space starting at 20 GBs, access to over 200 global servers, scheduled backups, staging environments, and free SSL certification, just to name a few.

What differentiates each managed tier is ultimately their traffic capacity. Here’s a quick overview:

  • Build – $19.95 a month, best for 50,000 monthly visitors
  • Grow – $29.95 a month, best for 150,000 monthly visitors
  • Scale – $49.95 a month, best for 500,000 monthly visitors

Breaking it down by traffic makes it easy to choose a managed WordPress hosting plan that’ll give you peace of mind and plenty of site uptime. 

Bluehost Offerings

At this point, you’ve learned about Bluehost’s hosting pricing. But the fun doesn’t stop there. In addition to the hosting plans, Bluehost has other services.

Hosting

Unsurprisingly, shared hosting is Bluehost’s most popular hosting deal because it lets you get your foot in the door as far as getting your site up and running goes.

I’d say the number one reason Bluehost’s shared hosting stacks up high when you’re comparing it to other hosting providers is their free SSL certification and their free domain name deal. But as far as hosting your site on a server where you’ll share space with other sites like yours, it does its job. 

Now, while shared hosting might be the best affordable hosting option for beginners, it won’t be what you want to stick with as your site grows. 

That’s why there’s dedicated hosting and VPS hosting. Dedicated hosting is a more robust and reliable hosting option for powerful site performance, and VPS hosting offers increased power, flexibility, and control.

Online Stores

If you’ve already decided you’re going to start your online store with WordPress and WooCommerce, it can be as easy as choosing from the Standard or the Premium store hosting tiers to get started. 

For a store with a robust payment processing system that comes equipped with plenty of analytics and the ability to create basic store backups, then go with the Standard deal at $15.95 a month.

Your store might be a bit more complex than a simple storefront with your product listings. If you’re going to capture subscriptions or online booking and appointment scheduling, you’re better off with the Premium tier as a very reliable ecommerce option. 

I’d say this is my top pick for a multifaceted online store with a lot of moving parts. I’d rather pay a bit more for all the Premium features than need them and not have them for the sake of saving a few extra bucks. 

Live WordPress Support

Bluehost offers Blue Sky, a service to teach users how to build, grow, and maintain any WordPress website through individual training and guidance. Live WordPress Support starts at $29 per month for on-demand ticket support and backup assistance and goes as high as $149 per month for SEO tools, help with content optimization and mobile optimization, and access to Constant Contact.

Professional Marketing Services

In addition to hosting services, Bluehost has an offering to assist your business with design and marketing strategies to give you more time to focus on revenue-generating activities and running your business. 

The four primary services offered by Bluehost in this realm are:

  • Full-service website support with design, marketing, and content help
  • SEO services to optimize your website and target keywords
  • PPC services to assist with pay-per-click campaigns and best practices to get more customers
  • Website migration assistance, including one-on-one consultations to review your website before and after any migration

The cost for these services is not listed on the Bluehost website. You’ll need to contact them to discuss pricing and support options. 

The Best Web Hosting Services

It’s never a good idea to make your decision based on only one piece of information. I recommend you check out my list of the top cheap web hosting providers to make sure you’re making the best choice for your specific needs. Here’s a quick overview of all my recommendations:

  1. Hostinger — Best Web Hosting Plan Under $1
  2. Bluehost — The Best Value in Web Hosting
  3. A2 Hosting — The Best Customer Service
  4. HostGator — The Best Cheap Cloud Hosting
  5. iPage — Best Cheap Web Hosting Features
  6. GoDaddy — The Best Cheap VPS Hosting

All in all, Bluehost is a reliable web hosting service that gives you the best value for your money. It offers a great entry-level shared hosting plan for as little as $2.75 a month, one free domain name for a year, as well as free SSL certification, and plenty of customer support you can tap into at a moment’s notice. 

Any comments on Bluehost as a great hosting service for beginner websites? Let me know in the comments. 

Otherwise, get started with Bluehost here.

The post Bluehost Review appeared first on Neil Patel.

Wix Review

Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission.

Wix is an exceptional website builder, allowing you to create a highly functional and professional website with zero coding experience. Even web developers have access to numerous tools to enhance their site’s customization and functionality. In our opinion, Wix is the best website builder for general use, whether you are a photographer, musician, restaurateur, blogger, or just setting up a small ecommerce business.

Wix Compared To The Best Website Builders

While most website builders tend to focus on niche markets like ecommerce or content management, Wix is a jack of all trades. This website builder casts a wide net, making it attractive to all kinds of people who need professional-looking websites quickly and cheaply. Whether you are a seasoned restaurateur looking to promote your business, a startup venturing into your first online enterprise, or an experienced web developer without the time or resources to create a website from scratch, Wix will work for you. 

Be sure to see all of our top picks for the best website builders before you decide Wix is the best option for you. Here, we review three more services in separate categories. We also have an in-depth guide focusing on different types of website builders, what criteria you should consider when choosing the best website builder, and more.

Who Is Wix Best For?

While it is easy to be transfixed by Wix’s marketing and features, the truth is this website builder targets a particular audience. Wix works exceptionally well for individuals or small businesses that want a professional website but don’t want to bother with hiring a web developer, registering a domain name, finding a web hosting company, and all that goes into setting up a professional website.

Wix does a great job of making an online presence more accessible to small businesses and individuals. Wix websites are attractive, relatively cheap, and quick to set up. Wix also caters to diverse niches, including blogging, photography, ecommerce, music, events, hospitality, bookings, restaurants, forums, and much more. Wix’s industry-specific themes, design templates, tools, and resources often feel like the company had you in mind when creating its platform.

However, this all-inclusive take on website building is also Wix’s Achilles heel. The platform simply doesn’t offer sufficient functionality and scalability for larger businesses and bigger ecommerce websites. For this, Shopify would be a much better option. 

Wix: The Pros and Cons        

One of Wix’s best-defining features is the freedom it offers. You can create your ideal site, down to your preferred pixelation. While freedom is a good thing, newbies may find the design potential slightly overwhelming. Wix remedies this by offering extensive resources, including step-by-step tutorials, videos, articles, and a wealth of information to help you grasp the editor.

Wix also has unique elements that you don’t see very often with website builders. For example, the Repeater feature allows you to easily replicate elements for list items with a similar layout and design but different content.

One major challenge when using a website builder is differentiating your website from competitors using the same themes and templates. Wix offers far more customization options than Weebly and certain other competitors. You can tell that Wix prioritizes the user’s ability to create unique websites. The design possibilities with Wix are endless, especially in the hands of a seasoned developer.  

Pros

Intuitive Interface: While the drag-and-drop feature is hardly a revolutionary concept among website builders, Wix succeeds in this regard. You have unbridled freedom to move elements around with few restrictions. Additionally, the platform offers guidelines to help you get the hang of the tools and templates. Wix also lets you preview your mobile site rather than cross your fingers that the mobile site will be just as good as the desktop version.

Robust App Market: Wix has plenty of built-in tools to get started, but you might need more functionality in your site. Wix has a highly populated app market that offers apps and widgets for almost any functionality you can think of, including events bookings, live chat, newsletter, blogging, opt-in forms, pop-ups, online ads, forums, and much more. The app market offers more than 250 integrations covering almost every conceivable area of your online presence.

Built-In SEO: It’s one thing to create a beautiful website, but an entirely different territory getting your site in front of eyeballs. You can fill in metadata and keyword tags related to your niche, and Wix will help you rank in the search engines. Additionally, Wix lets you edit your URL format for each page to boost your site’s Google ranking. If you aren’t quite ready to invest in SEO, Wix is a good start and requires minimal effort on your part.

Tones of Templates: Wix offers 500+ industry-specific templates to help you build your website. Wix lets you sort and select templates by industry to narrow down your options, including tourism and travel, corporate, photography, ecommerce, music, and more. The templates are all high-quality and designer made. If you are worried about boiler-plate offerings, these templates are highly customizable. You can edit content, change the site name, delete sections, replace images, and tweak the template to make it your own. Wix has one of the largest template libraries of any website builder out there.  

Flexible Plans: Wix has an affordable entry-level plan if you need to create a basic personal website. Should you need more functionality, simply upgrade to a premium plan for as low as $4.50 per month. Also, Wix won’t lock you into a contract. Many website builders need you to commit to a 24 or 36-month contract for premium features. With Wix, you can choose to cancel your subscription at any time. This flexibility works particularly well if you aren’t sure about the direction you want to take with your web presence.

All-in-One Solution: With your Wix subscription, you don’t have to worry about web hosting, domain*, SSL certificate, downtime, security, website speed, or any of the practical elements of running a website. Wix takes care of all that for you, included in your monthly subscription. The platform also has a very responsive customer support team to help you with your site’s problems. You can contact customer support via email, chat, or direct phone call.

*Wix offers a free domain voucher valid for one year with most subscriptions. Domain extensions include .com, .org, .net, .biz, .xyz, .space, .pictures, .co.uk, and .info.

Cons

No Unlimited Plans: A sizable number of website builders offer unlimited storage or unlimited bandwidth. Although Wix provides unlimited bandwidth for its Business and Ecommerce plans, there is still a storage limit. This omission reinforces our opinion that Wix is meant for individuals and small businesses rather than large ecommerce enterprises.

Inflexible Templates Once Live: You can customize your Wix’s website templates to your heart’s content, but once you are locked in, that’s it. You cannot change your template once your site goes live. While this might not be such a big problem for a personal website, it can spell trouble down the line for an online business that continues to grow, morph, and evolve over the years.

You Can’t Export Your Website: To piggyback on the con above, Wix can lock you into a long-term commitment even without a contract. Once on the Wix platform, you are locked in for life. You cannot transfer or export your website to another platform. Again, this may not be a big deal for a small business or an individual. However, a fast-growing startup will have problems down the line if Wix can no longer meet its needs.  

Wix Pricing

Wix paid plans fall into two categories; Website Plans and Business & Ecommerce Plans. Each category has individual tiers, as you will soon discover.

Before we get to the nitty-gritty of Wix’s pricing structure, there are a couple of things worth mentioning.

First, Wix’s advertised pricing is based on an annual subscription. You have the option of paying month-by-month, but it will cost more. Don’t be surprised if your monthly billing is a little higher than advertised on the website. It’s all in the fine print.

Secondly, your free domain is only available for one year. After that, you have to pay an annual premium. Additionally, you are only eligible for the free domain if you pay for the whole year in advance. You lose out on the offer if you choose the month-to-month payments.

Wix Website Plans

Connect Domain 

Starting from the far right, Connect Domain is the most basic plan. This option costs $4.50 per month and doesn’t come with a free domain. Also, your website will display Wix ads. You can still connect your existing or custom domain name to your Wix site. This plan also comes with:

  • 24/7 customer care
  • Free SSL certificate
  • 500MB storage space
  • 1GB bandwidth

Some of the features you’ll be giving up here include the ability to upload and stream videos on your site, site booster app, social media logo files, and visitor analytics app (SEO tool).

We only recommend this option if you want to put together a simple informational website or portfolio at the lowest possible price. However, considering that you’d have severely limited bandwidth, Wix ads, and a Wix-branded URL, this isn’t the kind of site that could conceivably rank high on Google. There are very limited use-cases for this plan.  

Combo

This option costs $8.50 per month and is an excellent alternative to the Connect Domain for a simple personal website. This plan comes with a free domain, or you connect a custom domain.

This option offers 2GB bandwidth, 3GB storage space, 24/7 customer care, and 30 minutes of video. However, you’ll be losing out on social medial logo files, a visitor analytics app, a site booster app, and a professional logo.

Ultimately, you are getting a good deal for a low-traffic but professionally done website. You can always upgrade to a higher plan should your needs change.

Unlimited

This Wix plan targets freelancers and entrepreneurs. It will cost $12.50 per month in exchange for 10 GB of storage space and unlimited bandwidth. You also get a free SSL certificate, no Wix ads, a free domain for one year, one video hour, a visitor analytics app, and a site booster app.

If you want to start a professional website or online business, the unlimited plan will serve your needs better than the Combo plan for a nominal price hike.

VIP

The price shoots up rather drastically with the Wix VIP plan. This one costs $24.50 per month. For the price, you get all the features not included in the other plans and some add-ons. These include:

  • Free domain for one year
  • Remove Wix Ads
  • Unlimited bandwidth
  • 35GB storage space
  • Free SSL certificate
  • Social medial logo files
  • Visitor analytics app
  • Five video hours
  • Professional logo
  • 24/7 customer care

We recommend this plan for an established business wanting to make its online presence.

Wix Business & eCommerce Plans

If you plan to accept online payments, Wix offers three tiers under its Business & Ecommerce Plans.

All business and ecommerce subscriptions offer:

  • Secure online payments
  • Customer accounts
  • Plans & recurring payments
  • Remove Wix ads
  • Custom domain
  • Free domain for one year
  • Video hours
  • Unlimited bandwidth

Business Basic

This plan costs $17 per month and offers 20GB storage space and five video hours in addition to the above-listed features.

Business Unlimited

You get all the Wix Business Basic features, except this time, you get an additional 15GB (35GB total) storage space. This plan costs $25 per month and guarantees ten video hours instead of five. The distinction between the two plans in terms of offerings is negligible in most cases. We suggest you start with the Wix Business Basic plan and only upgrade to Business Unlimited if you have good reason to do so.   

Business VIP

This tier costs $35 per month. The most prominent upgrade is proprietary customer care. If you value customer support or have nightmares of your site going down at a critical hour, this is the plan for you.

Additionally, Wix Business VIP allows you to create customized reports from the data you collect. This functionality isn’t available on any of the other business and ecommerce plans. Additionally, you get unlimited video hours on this plan.

We recommend Business VIP for established businesses.  

Wix Product Offerings

Wix allows people with little to no coding experience to create a website from scratch. To this end, Wix offers all the features you would need to create a professional website.

Wix Editor

The Wix editor is the platform’s main feature, allowing you to create a website from scratch with little or no coding experience. This editor is among the most robust out there, and is intuitive and feature-packed, and can handle just about any kind of website you throw at it.

The Wix editor offers more than 500 designer-made and industry-specific templates. You can browse through the templates based on industry to make things easier. You get total design freedom, including dragging and dropping template elements to get the perfect site.

Suppose you’re worried about your site looking the same as everyone else’s. In that case, Wix allows you to add scroll effects, video backgrounds, animation and display your text and videos. You can also choose from more than 100 fonts with the option to upload your own.  

Wix also lets you create a mobile-optimized site independently of your desktop site. Additionally, the Wix Mobile app lets work on your site from a smartphone (hopefully one with a large screen!) or a tablet.

Overall, Wix offers excellent design flexibility without being too overwhelming for newbies. This website builder treads the thin line between being feature-rich and easy to use.

Wix Artificial Design Intelligence (ADI)

If you are pressed for time or the platform’s functionality is proving a little overwhelming, Wix can literally build the site for you. The ADI offers a hands-off approach to customized website building. Simply enter your social media profiles (Twitter, Facebook, Instagram, etc.) or website. The AI will extract business information from these pages and create the first draft of your website.

You can then tweak and customize the site to fit precisely what you are looking for. To make your job even easier, the ADI feature offers helpful tips and prompts throughout the process to help you create the perfect website.

Wix succeeds at pushing boundaries, and this Wix ADI is a feature you won’t see too often on the market.

Velo by Wix

Although Wix primarily focuses on people with minimal to no experience creating a website, this platform does have something for amateurs and more experienced web developers.

Velo by Wix offers more freedom to create the website just how you want it. Wix lets you use your source control tools and code editors and work in your environment of choice or online.

Additionally, you can use external data sources or use Wix’s integrated databases. Velo by Wix uses an open platform, allowing you to connect to an external data source and third-party data sources.

Wix Professional Suite of Features

Wix has all the tools you would need to create and maintain your website. Most plans offer a free custom domain name with the option to connect your existing domain. You also get free website hosting and a professional mailbox complete with a personalized email to match your brand and domain name.

Additionally, Wix offers contact management to help you collect and manage contacts and subscribers from a single dashboard. Additional features include:

SSL Certificate: Wix offers a free SSL certificate to help you with website security and search engine optimization.

Social Tools: You can easily connect all your social media accounts to your Wix website.

Analytics: Wix keeps track of your web performance, including in-depth stats to help you make data-driven decisions.

Considering that Wix mostly targets small businesses, freelancers, and individuals, it’s hard to fault its feature suit. Its all-in-one approach to website building takes a huge load off your back when creating your online presence.

Wix Business and Ecommerce

Another area where Wix excels is its industry-specific offerings for businesses and ecommerce sites. First, Wix lets you build an online store from scratch. Ecommerce features include a storefront, order-tracking, customized shipping and tax rules, coupons and discounts, and multiple payment methods, among other features.

While these features work well for a small business, Wix isn’t well suited to a large online business that relies primarily on online sales. For starters, Wix only supports a handful of payment methods. There is a good chance a large company will need the help of third-party payment gateways to get around this limitation.

Additionally, its built-in ecommerce features aren’t all that powerful compared to competitors such as Shopify. 

On the upside, the industry-specific ecommerce offerings include:

  • Wix Booking
  • Wix Stores
  • Wix Blog
  • Wix Music
  • Wix Photography
  • Wix Events
  • Wix Videos
  • Wix Restaurants

With these options, you get industry-specific templates, features, and functionality. This system makes your work so much easier.

For example, Wix Bookings allows you to accept online payments, accept bookings around the clock, and send auto-reminder emails to your clients. Wix Photography lets you tweak your image’s sharpness and quality, secure your photos with built-in watermarks, and display your pictures in over 30 galleries.

You may need a more robust website builder for a large ecommerce store. However, for a small business, professional blog, or freelance business, Wix ticks all the boxes.

The Best Website Builders

To get a more comprehensive view of how Wix stacks up to the competition, please be sure to check out our Top 4 Best Website Builders post.

  1. Wix – Best for general use
  2. Weebly – Best for beginners
  3. Shopify – Best for eCommerce
  4. WordPress – Best for content management

Overall, Wix is an exceptional website builder for a select group of people, including small business owners, freelancers, professionals, and bloggers. While Wix also works well for small ecommerce businesses, you may need to look elsewhere if you are creating a sizable online enterprise. Wix is user-friendly, highly functional, and offers excellent value for money.  

The post Wix Review appeared first on Neil Patel.

Need Funding? Our Credibly Recession Financing Review Can Save Your Business

Get the Funding Your Business Craves with Our Credibly Recession Financing Review

If you’ve been looking for a Credibly recession funding review, then look no further.

Credibly is one of several online lending companies. They are actually an emerging Fintech platform. They also provide SBA PPP loans.

Credibly can provide small business funding for working capital or small business expansion.  You can also get a line of credit through them, equipment financing, invoice factoring, and merchant cash advances.

Credibly Recession Funding Review: Background

Credibly is located online here: www.credibly.com. Their physical addresses are located in Southfield, Michigan; New York, New York; and Scottsdale, Arizona.  You can call them at: (888) 664-1444. Their contact page is here: www.credibly.com/contact.

You can email them at: customerservice@credibly.com.

Credibly Recession Funding Review: Qualification Requirements

Your company has to in business for at least 6 months at the minimum. In addition, you need to have at least $15,000 in monthly revenue. You must have a personal credit score of 500 or better.

Credibly also will want to review your most recent three months’ worth of bank statements while they consider whether to grant your application for funding.

Credibly offers $5,000 to $400,000 in funding. Get money fast – within 24 – 48 hours.

Credibly will perform a soft credit pull only to check your qualifications. But before you receive funding, Credibly will do a hard pull which will appear on your credit profile and may affect your credit score.

In addition, they will want a personal guarantee. They do not require you to provide collateral.

Credibly Recession Funding Review: Working Capital Loans

Get up to $400,000 in funding. Terms are 6 to 18 months. Pay factor rates as low as 1.15. For loans over $100,000, they want to see your most recent business tax return.

Credibly Recession Funding Review: Business Expansion Loans

Get up to $250,000 in funding. Terms are 18 or 24 months. Interest rates start at 9.99%. You must have a FICO score of 600 or better and three or more years in business. Also, you must have $3,000 or more in average daily balances.

Credibly Recession Funding Review: Fees

Pay a one-time 2.5% of the total loan amount set up fee. This fee is deducted from your proceeds. Rates start at 9.99%.

Credibly Recession Funding Review: Lines of Credit. Invoice Factoring, and Equipment Financing

These forms of funding are only available through Credibly’s network of external funding partners.

Credibly Recession Funding Review: Merchant Cash Advances

Get up to $400,000 in funding. Duration is anticipated to be 3 to 18 months. Pay factor rates as low as 1.15. Automatic remittances are tied to your receivables.

Credibly Recession Funding Review: Advantages

Advantages include a short time in business requirement. A short time to funding is also attractive.

Credibly Recession Funding Review: Disadvantages

One set of disadvantages are that they will want a personal guarantee and they will do a hard pull on your personal credit.

For startup companies and their founders in particular, who are often on some shaky financial ground to begin with, this could prove problematic. For these sorts of companies and business owners, a better choice might be to try crowdfunding or angel investing if either is possible. In that way, a business owner’s personal assets would be safer. And, their personal credit would not be affected.

A Viable Alternative – Building Business Credit

Business credit is credit in a small business’s name. It doesn’t attach to a business owner’s personal credit, not even when the owner is a sole proprietor and the solitary employee of the small business.

Hence, a business owner’s business and individual credit scores can be very different.

The Advantages

Because company credit is independent from personal, it helps to secure a small business owner’s personal assets, in the event of court action or business insolvency.

Also, with two distinct credit scores, a business owner can get two separate cards from the same merchant. This effectively doubles purchasing power.

Another benefit is that even startup ventures can do this. Going to a bank for a business loan can be a recipe for disappointment. But building company credit, when done correctly, is a plan for success.

Personal credit scores depend on payments but also various other components like credit use percentages.

But for business credit, the scores truly merely depend on if a small business pays its bills timely.

Discover our business credit and finance guide, jam-packed with new ways to finance your business without emptying your wallet. Save your money during the recession!

The Process

Establishing company credit is a process, and it does not occur automatically. A business needs to actively work to establish company credit.

Nevertheless, it can be done readily and quickly, and it is much swifter than developing consumer credit scores.

Vendors are a big component of this process.

Performing the steps out of sequence will cause repetitive denials. Nobody can start at the top with business credit. For instance, you can’t start with retail or cash credit from your bank. If you do, you’ll get a denial 100% of the time.

Company Fundability

A company needs to be fundable to lending institutions and vendors.

Consequently, a company will need a professional-looking web site and e-mail address. And it needs to have site hosting bought from a company like GoDaddy.

Additionally, company phone numbers must have a listing on 411.com. Use ListYourself to get a listing.

Likewise, the business phone number should be toll-free (800 exchange or similar).

A business will also need a bank account dedicated solely to it, and it must have every one of the licenses essential for operation.

Licenses

These licenses all have to be in the particular, correct name of the company. And they need to have the same company address and phone numbers.

So note, that this means not just state licenses, but possibly also city licenses.

Discover our business credit and finance guide, jam-packed with new ways to finance your business without emptying your wallet. Save your money during the recession!

Dealing with the IRS

Visit the Internal Revenue Service web site and obtain an EIN for the company. They’re free. Pick a business entity such as corporation, LLC, etc.

A business can get started as a sole proprietor. But they will most likely wish to switch to a type of corporation or an LLC.

This is in order to decrease risk. And it will optimize tax benefits.

A business entity will matter when it involves taxes and liability in case of litigation. A sole proprietorship means the entrepreneur is it when it comes to liability and tax obligations. Nobody else is responsible.

Sole Proprietors Take Note

If you run a business as a sole proprietor, then at least be sure to file for a DBA. This is ‘doing business as’ status.

If you do not, then your personal name is the same as the company name. Hence, you can find yourself being directly responsible for all small business financial obligations.

Plus, according to the Internal Revenue Service, using this structure there is a 1 in 7 chance of an IRS audit. There is a 1 in 50 probability for corporations! Prevent confusion and dramatically reduce the odds of an Internal Revenue Service audit simultaneously.

Any DBA should be a stepping stone to incorporating.

Starting Off the Business Credit Reporting Process

Start at the D&B web site and get a free D-U-N-S number. A D-U-N-S number is how D&B gets a small business in their system, to generate a PAYDEX score. If there is no D-U-N-S number, then there is no record and no PAYDEX score.

Once in D&B’s system, search Equifax and Experian’s websites for the small business. You can do this at www.creditsuite.com/reports. If there is a record with them, check it for accuracy and completeness. If there are no records with them, go to the next step in the process.

In this manner, Experian and Equifax will have activity to report on.

Vendor Credit

First you ought to build trade lines that report. This is also referred to as vendor credit. Then you’ll have an established credit profile, and you’ll get a business credit score.

And with an established business credit profile and score you can begin to get retail and cash credit.

These types of accounts have the tendency to be for the things bought all the time, like marketing materials, shipping boxes, outdoor work wear, ink and toner, and office furniture.

But to start with, what is trade credit? These trade lines are credit issuers who will give you starter credit when you have none now. Terms are in most cases Net 30, versus revolving.

Therefore, if you get an approval for $1,000 in vendor credit and use all of it, you need to pay that money back in a set term, like within 30 days on a Net 30 account.

Discover our business credit and finance guide, jam-packed with new ways to finance your business without emptying your wallet. Save your money during the recession!

Details

Net 30 accounts must be paid in full within 30 days. 60 accounts need to be paid completely within 60 days. Unlike with revolving accounts, you have a set time when you have to pay back what you borrowed or the credit you made use of.

To kick off your business credit profile the proper way, you should get approval for vendor accounts that report to the business credit reporting agencies. When that’s done, you can then make use of the credit.

Then repay what you used, and the account is on report to Dun & Bradstreet, Experian, or Equifax.

Vendor Credit – It Helps

Not every vendor can help in the same way true starter credit can. These are vendors that will grant an approval with nominal effort. You also want them to be reporting to one or more of the big three CRAs: Dun & Bradstreet, Equifax, and Experian.

You want 3 of these to move onto the next step, which is retail credit.

Retail Credit

Once there are 3 or more vendor trade accounts reporting to at least one of the CRAs, then move onto retail credit. These are companies which include Office Depot and Staples.

Only use your SSN and date of birth on these applications for verification purposes. For credit checks and guarantees, use the company’s EIN on these credit applications.

Fleet Credit

Are there more accounts reporting? Then progress to fleet credit. These are companies like BP and Conoco. Use this credit to purchase fuel, and to fix and maintain vehicles. Just use your SSN and date of birth on theCredibly COVID-19 Funding Credit Suitese applications for verification purposes. For credit checks and guarantees, make certain to apply using the company’s EIN.

Cash Credit

Have you been responsibly handling the credit you’ve up to this point? Then move onto more universal cash credit. These are businesses like Visa and MasterCard. Only use your Social Security Number and date of birth on these applications for verification purposes. For credit checks and guarantees, use your EIN instead.

These are typically MasterCard credit cards. If you have more trade accounts reporting, then these are attainable.

Monitor Your Business Credit

Know what is happening with your credit. Make sure it is being reported and take care of any mistakes ASAP. Get in the practice of checking credit reports. Dig into the details, not just the scores.

We can help you monitor business credit at Experian and D&B for 90% less.

Update Your Record

Update the data if there are inaccuracies or the information is incomplete. At D&B, you can do this at: https://iupdate.dnb.com/iUpdate/viewiUpdateHome.htm. For Experian, go here: www.experian.com/small-business/business-credit-information.jsp. And for Equifax, go here: www.equifax.com/business/small-business.

Fix Your Business Credit

So, what’s all this monitoring for? It’s to challenge any problems in your records. Errors in your credit report(s) can be fixed. But the CRAs often want you to dispute in a particular way.

Disputes

Disputing credit report errors generally means you mail a paper letter with copies of any proofs of payment with it. These are documents like receipts and cancelled checks. Never mail the originals. Always mail copies and keep the original copies.

Fixing credit report errors also means you precisely detail any charges you challenge. Make your dispute letter as understandable as possible. Be specific about the problems with your report. Use certified mail so that you will have proof that you mailed in your dispute.

A Word about Building Business Credit

Always use credit responsibly! Don’t borrow more than what you can pay back. Track balances and deadlines for payments. Paying punctually and in full will do more to raise business credit scores than just about anything else.

Establishing business credit pays off. Good business credit scores help a small business get loans. Your credit issuer knows the company can pay its debts. They recognize the company is for real.

The business’s EIN connects to high scores and lenders won’t feel the need to ask for a personal guarantee.

Business credit is an asset which can help your company in years to come. Learn more here and get started toward establishing business credit.

Credibly Recession Funding Review: Takeaways

Companies that do best on Credibly will be fairly new players but with relatively meteoric rises.

A business owner asking for a loan should be prepared for a hard pull on his or her personal credit scores, which will impact those scores. This is just like all hard pulls do.

If an entrepreneur does not have the wherewithal to ride out a slightly lower personal credit score for a couple of years, then Credibly is not for them.

And finally, as with every other lending program, whether online or offline, remember to read the fine print and do the math. Go over the details with care. Decide if this option will be good for you and your company.

In addition, consider alternative financing options that go beyond just lending. These include building business credit and unsecured business financing. This is in order to best decide how to get the money you need to help your business grow.

Today, we want to hear from our audience! Share your voice with us about your experiences with online lenders and give us your own Credibly review.

 

 

The post Need Funding? Our Credibly Recession Financing Review Can Save Your Business appeared first on Credit Suite.