4 Types of Business Insurance You Must Consider
As a busy owner (or manager) of a small business, the bulk of your energy is invested in ensuring your company’s success. Insurance often becomes an afterthought… something that’s at best boring and at worst confusing. Yet having the right business insurance can, in many cases, be the difference between survival and going out of business. So as we move to the end of 2018 and into the New Year, this is a good time to invest a minute on reviewing your risk profile and basic business insurance requirements. Basics of Business Insurance Small companies are all quite different as they reflect the...
Read More4 Quick Tips on Business Insurance
Business owners have a lot on their plates. It’s unsurprising that many put off getting insurance for their small business. To save time, it’s tempting to grab a quick policy “off the rack” however, that will likely fail to truly protect you from the risks you likely face as a business owner. You’ve worked hard to build your business so protecting it to preserve your income, credit, and employees is important. Whether it’s time to purchase a policy or if you’re aiming to compare rates, we can help match the right policy to your business. When acquiring commercial insurance, here are 4 things...
Read More4 Network Security and Privacy Risks Businesses Must Manage
When developing your security and data privacy strategies for the future, there are numerous vulnerabilities which you need to consider. Here we run you through 4 common risks which you need to consider in 2018 and beyond with regard to your security and privacy regulations. 1. Emails It’s easy to think of cybercriminals as tech-savvy geeks mastering a piece of code which can steal all your money, but the reality is often very different. Using nothing more than emails, many hackers pose as business contacts and company stakeholders in order to scam businesses out of money. For example, they...
Read MoreImplementing Group Health? Watch For These Challenges
As the cost of living rises, more and more employers are looking to offer their employees group health insurance plans, keeping their costs low while still offering healthcare to their staff. Although this continues to be an economically viable means of providing health care for both the employer and the employee, there are certain challenges which your company will face when implementing group health plans. Here we have outlined some of the biggest challenges you will encounter! Remote working issues The website International Advisers recently claimed that workforces are becoming more...
Read MoreBuying the Right Business Insurance
Business insurance is crucial if you are to protect your company from unforeseen forces in the future, whether they take the forms of fraud, fires, floods, plumbing problems, or a whole host of other potential issues. However, buying the right business insurance is rather difficult, as you need to know exactly what your business is most vulnerable to. Although you could buy an expensive catch-all policy which covers everything under the sun, the premiums may bankrupt you before you even get going! So how do you choose the right business insurance? Here we offer you some advice. Think about...
Read MoreMake Your Small Business Better by Avoiding These Mistakes
Being your own boss and starting a small business always sounds attractive as a prospect, but few people have the business acumen and work ethic necessary to make a small business survive in the long term. Many entrepreneurs fall into some common mistakes when starting out, and here we have highlighted a few of the most common! Not networking One of the most essential aspects of business, and life in general, is meeting people. It doesn’t matter how independent you think you are – we always rely on other people to keep us going in our times of need. Networking is thus one of the easiest ways...
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