Owners of small businesses have a lot of responsibilities to manage. One of these responsibilities is to effectively manage your insurance costs. Because this task can be particularly tricky, you have to periodically review your insurance policy in order to protect your company while also ensuring that you’re getting the most of your profits. Your business can suffer from a … [Read more...] about How to Manage Insurance Expenses as a Small Business
Worker's Compensation Insurance
The US Small Business Administration revealed that there are 30.7 million small businesses in the country as of 2019. These businesses hired 47.3 percent of the nation’s total private workforce. If you have your own small business and plans to start hiring employees to expand your company, there are several things you need to do first before starting your hiring … [Read more...] about Essential Steps Needed When Hiring Your Company’s First Employees
Business insurance is a type of insurance designed specifically for owners as a way to protect their assets. The assets of a company can range from the products that it makes to the equipment, and tools used daily. As you look at business, or commercial, insurance, you need to consider how your business operates what type of coverage is best for you. This may include coverage … [Read more...] about What is Business Insurance and How Does it Work?
If you are an employer, there is no denying the fact that nobody other than you is responsible for the safety and security of your employees at the workplace. You need to understand that you can be considered responsible if your employees receive any injury while they are working. This is one of the most important reasons as to why the workers' compensation insurance coverage … [Read more...] about Benefits Associated With Workers’ Compensation Insurance
Employee injuries are bad for everyone. Unfortunately, they’re often unavoidable. Even workplaces with intensive safety protocol will eventually fall victim to an accident. There are good and bad ways to deal with an employee injury. Here’s what you should do if someone gets hurt at your company. Get the Employee Help Right Away Before anything else, you need to address the … [Read more...] about One of Your Employees Gets Injured at Work. What Should You Do Next?