14 June 2021
Most small businesses see insurance as a commodity, which might explain why they view it as an expense rather than an investment. However, it should not be the case because a commercial insurance policy will sustain your business should a disaster strike. Besides protecting you financially, an insurance cover improves investor appeal. If you are considering buying a business insurance policy, your first goal is to select an insurance broker. While cost is a concern when choosing a broker, it should never be the primary consideration.
22 May 2017
From the first moment you hire an employee in your business, it is necessary to research state laws about employee protection and ensure you have your business covered for liabilities in case anything happens to the employee. Workers' compensation is provided for employees that suffer workplace injuries or diseases, and it covers medical treatment and lost wages. Compensation premiums are calculated according to many factors, but there are steps you can take to reduce how much you pay.