Tuesday, July 29, 2014
Owning a business, big or
small, means having a lot of things to protect.
Forbes.com put thirteen
things in their list that every small business owner should have: a
liability insurance, property insurance, BOP (business owner’s
policy), commercial auto insurance, worker’s compensation
insurance, professional liability insurance, directors and officers
insurance, data breach, homeowner’s insurance, renter’s
insurance, life insurance, personal automobile insurance and personal
umbrella insurance.
That’s quite a laundry
list, isn’t it? Believe it or not, though: insuring your small
business for the long run is actually a good thing. Business operates
on a 24/7 schedule, and any ripple from the flow will interrupt the
operations of your business. To achieve success in a business, there
must be consistency in the operations and processes. Once a business
owner gets full protection from insurance, he is freed from any
unwanted and harmful liabilities that he may shoulder. Providing
protection to your business, including your employees, would mean
better production and rendered service, because they know they are
safe and at ease.
It’s better to keep it
smooth by having all the protection you can get and being prepared
for anything that could happen, especially when the real world is
full of surprises and the unknown.
