There are several ways to protect your business and all the hard work you have put into it. Perhaps the most important thing you can do is to make sure your business is adequately insured with the proper types of insurance plans. A recent N.Y. Times article reported 40% of small businesses in the U.S. to have no insurance whatsoever, while the SBA estimates between 36-53% of small businesses are involved in at least one lawsuit in any given year.
Small businesses are vulnerable to all types of risks, but with the right protection, these can be diminished considerably.
Protecting Your Business & Your Workers
Of all the types of small business insurance plans, one that is required by most states is Workers’ Compensation.…Continue reading