Businesses face significant risks from their day of inception. These risks do not arise when the business hires its first employee as a law suit can deem catastrophic to a business even before it opens its doors to clients. In such a case, it is not only vital to have insurance, but the right type of insurance.
Luckily, there are a myriad of insurance plans for small businesses to shield them from these risks. Below are six types of insurance for small business owners.
1. Property Insurance
Most, if not all, businesses own or sometimes lease its premises, office equipment, inventory among other property.…Continue reading