Posts Tagged ‘Liability’
What Types of Insurance Does Your Small Business Need?
It’s never been easy running a small business. The risks you face as an entrepreneur start to affect you the day you register and get started. These risks need to be dealt with at the earliest, preferably before you hire your very first employee. Thankfully, there is a clear and simple way to deal with…
Read More5 Reasons You Should Incorporate Your Business
Incorporation provides your business with a legal structure, declaring it an entity separate from you, the owner. Whether you form a corporation or LLC there are many advantages to consider.
Read More S Corporation: What Are the Benefits?
An S Corporation or S Corp is an eligible domestic corporation that has elected to be treated as an S Corporation for tax purposes. S Corporations avoid double taxation on corporate income.
Read More What You Need to Know About Business Law
When you start a business, you will need to figure out the legal requirements that apply to your business and the laws that you need to adhere to.
Read More Are You Still Using Your Personal Bank Account for Your Business?
For the small business owner, there’s typically little separation between business and personal. You bring your work home (or you may even work from home). You’ve probably invested your own money in the business, or skipped a pay check or two to keep the business going.
Read More What Every Entrepreneur Needs to Know About Liability
While it’s true that some businesses are inherently riskier than others, all business owners (including freelancers) should be familiar with potential liability issues and what they can do to minimize the risk.
Read More What is a Business Owner’s Policy, or BOP?
One of the most popular insurance forms for small businesses is a business owner’s plan, or BOP. These policies have developed in recent years and increased in popularity. These policies are convenient and specifically designed for small or medium sized businesses.
Read More Is It Time to Look at Your Business Structure?
Another tax time has come and gone. If you’re self-employed operating as a sole proprietor, tax time can be yet another reminder that you haven’t addressed your business structure yet. Maybe you started your business as a side project, and a sole proprietorship made sense. But is it best for your needs now?
Read More Product Liability
No matter what stage you occupy on the business chain, there are a few things you can do to protect yourself from product liability claims. Manufacturers and retailers confronting this issue have had to increase the costs of their goods and services in order to pay the price for not only litigation but also regulatory requirements imposed by state and federal governments.
Read More What Does General Liability Insurance Cover for Your Small Business?
Of all the kinds of insurance you can get for your business, general liability is one of the most important. This guide will help you identify what these policies will cover, as well as how much coverage would be appropriate for you.
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