As a small business owner, it is essential to minimize any potential financial losses and protect both yourself and your company from liabilities such as fines and lawsuits. One important way to do this is by getting workers’ compensation insurance to protect your company and your employees in the case of an injury or accident at work.
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Depending on where your business operates, it might be a legal requirement to provide workers’ compensation insurance to your employees. As a result, it is important to check both federal and state laws to ascertain if you are legally obligated to give a worker’s compensation package to your employees.…Continue reading