The financial repercussions of poor security practices can sink any SMB no matter how careful you are. As such, it's important to focus on mishap prevention to reduce negative outcomes. Whether your business measures annual sales in thousands of dollars or millions, sound security precautions are imperative.
If you're about to take your startup company into the new frontier, then you need to have the reassurance of small business insurance on your side. The business world can throw just about anything your way, especially if you're running a new small business, which is why it's important to have insurance coverage.
A business' reputation affects its success in so many ways. Employees want to work for a company that has a great reputation just as people want to buy from one. The best companies understand their reputations are among their most valuable assets.
For three decades, OSHA has helped employers prevent injuries and save lives by protecting the workforce. If a workplace is OSHA-compliant, the employer will be empowered to recognize work hazards, protect employees from illness and injury, prevent death, and cultivate educated employees who foster general safety for the entire workplace.
Business Interruption Insurance (BII), which is intended to compensate the company for income lost in the event physical damage renders it inoperable for a period of time, can provide so much value in so many ways.
As a business owner, you may think you are prepared for anything that comes your way. However, sometimes events can transpire that can leave you caught off guard, even with most careful preparations. Here are six scenarios you need to consider when planning for the worst.
There is no real business opportunity without risk. Serious entrepreneurs know that, but too many "wannabes" still fall for that elusive dream of a get-rich-quick scheme with no risk.
Providing vehicles for your employees is one of the best perks you can offer. Of course, providing company vehicles means insuring those vehicles, and doing that can get complicated.
Embracing risk is important; it's part of being an entrepreneur. However, a fundamental difference exists between taking calculated risks and being reckless altogether.
We all know Murphy's Law: "Anything that can go wrong, will go wrong." And in business, it's true—especially in a new startup business.