Shelves are empty. Stores and businesses have shut down. Many more people are working from home than ever before. Coronavirus has touched every facet of life. As someone who owns a home-based business, you may be feeling the strain in different ways. If any of this feels familiar, you’re definitely not alone. Shelter-in-Place and Stay-at-Home […]
Schools and businesses are closing. Events have been cancelled. Even in areas where COVID-19 hasn’t quite been felt yet, the business interruption is clear. You may be wondering if your business interruption insurance can help. Here’s what you need to know. Many Policies Include Standard Business Interruption Coverage If you think you don’t have business […]
You’ve dreamed about it for so long that it doesn’t feel real, but you’re finally ready to start your own business. You’re going to work for yourself, be your own boss, and make money doing what you love to do. Starting a business is easier than it’s ever been, but that doesn’t mean it’s simple. […]
With fall quickly approaching, the season of craft fairs will soon begin. In cities across the United States, many individuals will set up tables at craft fairs to sell holiday items, jewelry, clothing, accessories, baked goods and other items. While you may think of this as “small business”, the creative industry continues to be an […]
If the only time you think about insurance is when you need to file a claim, you’re not alone. Most people would prefer not to think about it at all. But your policy, whether auto, home, renters, or life, is such a crucial way to protect yourself that it’s not something to forget about completely. […]
As a business owner, you know you need to run a lean operation to maximize profits. When spending outpaces income, it’s common to want to make big changes. But cutting staff or reducing business hours often only hurts your bottomline. You can save money in multiple ways that you might not have considered yet. Consolidate […]
You’ve heard of companies that are licensed, insured, and bonded. Have you wondered if your own small business should be too? It helps to understand what a bond is and how it can help your business. What is a Bond? A bond is a guarantee between three parties: you, a customer or client that you’ve […]
A home office, much like the guest room it likely used to be, are often where people stack things and say, “I’ll deal with it later.” Now that it’s the start of a new year, consider this “later.” Make a fresh start with an organized home office. Not only will you feel better about it, but if you work from home, you’ll be more productive, too.
When you decided you would become a small business owner, the biggest worry you had was probably finding the right building, how to pay your employees, or if customers would buy your product. Over time, those things are still concerns, but now you probably think more about whether sales will continue to grow or if you can expand to a new location or hire another person to help out.
What many business owners don’t think about, until it’s too late, is how they’ll handle emergencies and disasters that might hit their business. Recent flooding in Louisiana and hurricane worries on the coast should remind us all that big storms and other emergencies can happen at any point.
Is your business ready for an emergency?
As a small business owner, you’re constantly on the lookout for ways to save money, stretch a dollar, and increase your profits. We’re all for cutting out unnecessary expenses, but your insurance isn’t an area that you should skimp on.
Take a look at a few common small business insurance myths and make sure you understand exactly what kind of insurance coverage you do and don’t have.
