What You Should Know About Business Owners Policies

Posted by on Sep 17, 2017 in Down to Business |

There are many uncertainties in business life resulting in unforeseen challenges. Disasters happen all the time caused by from nature, equipment failures, and accidents. Usually, 90% of the costs incurred by these disasters falls on the business owner. The proprietors foot the bills when they thought their insurance would. It doesn’t need to be this way. Savvy business owners look for commercial insurance coverage called Business Owner Policy...

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Wages On The Rise Due to Competition

Posted by on Sep 6, 2017 in Down to Business |

In the United States, studies have shown that the labor market continues to expand with more jobs available for the second half of the year. Additionally, a large percentage of companies expect to increase salaries this year. In fact 60% of companies are going to hire new employees between July to December. (This is according to CareerBuilder’s 2017 Midyear Task Forecast.) This number represents a 50% increase over the previous year....

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One Insurance Mis-Step Can Risk Your Business

Posted by on Aug 11, 2017 in Down to Business, Uncategorized |

In 2008 Leo Welder started ChooseWhat.com. Within a year he was being sued by J2 Global for using the term “e-fax”. It was totally out of the blue and unexpected. Sadly, he found his insurance didn’t protect him from this claim. Yes, he purchased insurance but was missing coverage for intellectual property litigation. Both companies eventually settled but only after Mr. Welder had invested hundreds of thousands of dollars in legal fees. (How...

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Cyber Insurance: What is it? Do You Need it?

Posted by on Jul 28, 2017 in Down to Business |

Technological advancements have revolutionized the way online advertisements, promotions, and shopping are done. This has brought immense benefits to companies, who have now found new ways to interact with the existing and potential buyers. The opportunity offered by social media alone is rich for companies that intend to conduct exhaustive marketing activities. However, social media platforms have also become avenues of cyber-attacks. This has...

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Top 5 Insurance Products All Startups Must Have

Posted by on Jul 18, 2017 in Down to Business |

Start-up companies are popping up quickly in today’s fast-paced world and entrepreneurs often find that they’ve forgotten to get essential business insurance to protect their company. While the owner may tell the board that the business has an insurance policy, this doesn’t mean that the company has the insurance needed. Every company needs insurance that is both adequate and optimized. To get started, business owners should take these five...

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Time to Review Your Employee Handbook?

Posted by on Jul 6, 2017 in Down to Business |

Many issues face a company when they are bringing on employees. These include basic pay, family and sick leave, as well as general employee welfare. These are critical issues but having and reviewing an employee handbook is also important. Largely how often you review your employee manual is a function of how large your firm is. The more employees you have, the more often you should review it. (Make sure it is relevant and accurate to your...

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