Small Business

Structuring your business as an LLC might protect your personal finances in case of a lawsuit, but you’ll still need general liability insurance and other commercial policies to protect your business assets. The best business insurance providers for LLCs offer convenient packages and great customer service, whether you prefer an online or face-to-face experience. Do… […]

Cleaning businesses face risks unique to their industry. A worker could knock over a client’s valuable vase while dusting a mantel or accidentally spray a caustic cleaning agent into their own eyes, requiring medical treatment. Unless you’re protected by business insurance, your company could be responsible for paying those replacement costs or medical expenses. Here’s…

Many small-business owners structure their companies as limited liability companies, often abbreviated as LLCs. True to its name, the LLC business structure limits the extent to which business owners are personally liable for company debts or losses. But while an LLC structure offers some protection for your personal assets, it doesn’t protect your company from…

Professional liability insurance is essential for any business that provides services or advice for a fee — that includes contractors. In fact, clients will often require proof of coverage before agreeing to do business with you or your firm. What is covered under professional liability insurance? Professional liability insurance covers defense costs and damages if your…

Insurance is a necessity for most small businesses, but the cost of coverage varies widely from one company to the next depending on the size and nature of your business. A small firm with 10 employees and a fleet of vehicles simply has different business insurance needs than a solopreneur with no employees or physical…

If you run a business that sells alcohol—a bar, restaurant, club, etc.—you already know how alcohol changes how you operate from other small businesses. When you sell, serve, or manufacture alcohol, you’ll need a liquor license, plus, you must abide by a variety of alcohol-specific regulations. And because selling alcohol can be a potentially lucrative,…

What is the recipe for a great remote city? From stylish coworking spaces to speedy Wi-Fi and affordable rent options, cities across the U.S. are embracing remote work culture. As remote work opportunities for workers continues to expand, we can expect to see more workers ditch the usual big city metropoles in favor of cities…

Growth is a naturally occurring component of life, and the same is true for the life of your small business. As rabbi and psychiatrist Abraham Twerski explains in his viral YouTube video, “The stimulus for the lobster to be able to grow is that it feels uncomfortable.” His words are a reminder that stress doesn’t…

Key takeaways: Professional liability insurance protects a business if a client files a lawsuit over an alleged or actual mistake or bad piece of advice. Errors and omissions insurance, medical malpractice insurance and legal malpractice insurance are types of professional liability insurance. In general, anyone who provides a service to clients should consider professional liability…

Business insurance helps protect your company and its assets in worst-case scenarios, like a fire, data breach or lawsuit. Every small-business owner faces risks that insurance can help mitigate. But what kind of coverage you need and how much you need depends on what your business does, how large it is and many other factors….