Running a business out of your home has become increasingly common. Not only is it more convenient, but you don’t have to worry about the extra rental, utility, and commuting costs that come with officing elsewhere. Some people assume that they can save further by using their home insurance policy to cover their business well. After all, your business is inside of your home. Doesn’t that mean your home insurance covers it? Unfortunately, no. […]
For those who want to run their own business in the simplest way possible, a sole proprietorship is a popular way to go. With a sole proprietorship, there is no legal distinction between you and your business, which means you don’t have to worry about complex organizational structures, and your taxes will be more straight forward than they are with other business types. You can
As society has become more health-conscious in recent years, the demand for personal trainers has risen. Becoming a personal trainer is a great way to help others achieve their personal goals while also keeping yourself in great shape. As with any business, however, it’s important that you’re protected against accidents and lawsuits. This is where business insurance comes
With the current quarantine measures in most major states, many businesses are having to put their operations on pause. Even those that are continuing to stay open are finding themselves losing customers, vendors, or partners as the crisis continues. While businesses generally try to protect themselves and plan for unforeseen circumstances, few if any were ready for something like this. With
Do you have a vehicle that you use for work in some capacity? You’ll want to make sure you have it ensured properly. A personal auto insurance policy might not be enough. In fact, work use could invalidate a personal plan. You can’t expect a business owner policy (BOP) to bridge the gap either. While a BOP provides coverage
Insurance is an important piece of running a business, regardless of your size. For small businesses with limited resources, it’s especially critical that you have proper liability coverage. Otherwise, causing a serious injury and/or getting sued could result in a crippling loss of funds. Even if you’re under an LLC, you could be personally exposed to these types of risks.
If your a business owner, chances are this is the time of year you may be considering taking some time off. Whether your business is big or small, if you have the ability to give yourself and your staff some much needed rest, you are going to do so for the Holidays. The Holiday season
When you think about insuring your business, there are a few different types of insurance policies that should be considered. Most people know they need property insurance or general liability insurance (or both) but one important insurance policy that often gets forgotten is commercial auto insurance. Not all businesses need commercial auto insurance, however, if
There are a multitude of risks that come with starting, owning, and operating a small business, which is why it takes a brave entrepreneur to take the leap of faith to start a business. Those who do take this leap often times find success, freedom, and purpose, but that doesn’t mean they don’t hit any
As a business owner, you have worked hard to create a thriving, successful company. Whether you have been working in your industry for years, or you’re just getting started from the ground up, you have probably run into unexpected costs. An unexpected cost can change the trajectory of your company, especially if your a small