There are lots of new technology businesses and start-ups these days. They may create cutting edge technology, or work to improve current technology. They do this to deliver a service or product in a profitable and efficient manner. They may use teleworking, virtual accountants and cloud-based systems. But once the business gets going, there's a step that the business owner shouldn't skip. It is the obtaining proper commercial liability insurance. Here are the mistakes that technology startups make when they buy business insurance:
Lots of new businesses use the latest technology and online services to deliver a service or product that in a more profitable or efficient manner. They may use teleworking, virtual accountants and cloud-based systems to cut the costs associated with running their business. But there’s one thing all new businesses need to make sure of, and that is having the proper commercial insurance. Here are the mistakes that technology startups often make when they buy business insurance:
If you are a homeowner who lives on a budget it’s understandable to question the wisdom and value of purchasing home insurance yearly. You might decide to stop the coverage if you are claim-free for a lot of years. Before dropping your coverage, think about the repercussions of going "bare" in the insurance world. There is a strong possibility that you might end up paying far more if you don't have insurance compared to buying the policy yearly. Here are some ways why the absence of a policy may cost you more.
Like Do-It-Yourself Projects? Like saving on your insurance premiums? They can go hand-in-hand. Home improvements like remodeling are part of owning a home. Here are a few projects you can tackle that just might also save you some money on insurance.
Before you finalize a mortgage loan lenders almost always require home buyers to purchase the minimal level of "hazard insurance". It is part of the standard insurance policy for homeowners. This type of insurance covers vandalism, theft, hail, wind, smoke, fire, or other similar events.
A friend of mine was asking me the other day about homeowners insurance. He was wondering how much it should cost to insure his home, and knowing what it was, I was able to give him a ballpark estimate based on my experience in quoting many, many homes. He was shocked that the amount was much less than what he was paying, and yet he didn’t want to leave his current insurance company because of the “multi-policy discount” he was getting on his insurance. Eventually, he came around because he realized he’d STILL be saving money and could get all the coverage he needed at WPi.
Small-business owners may have mixed feelings about marketing on social media and it’s understandable. According to a popular Manta poll, social media marketing tactics are what business owners rely on more than others. However, only 38% of owners have invested in social advertising.
Nobody ever wants to go through a traumatic experience like burglary. Can you imagine going home after a tiring day at work to find your front door kicked in or one of your windows shattered? You probably will feel a rush of emotions after realizing that someone broke into your house.
Becoming a victim of burglary can stir up all sorts of emotions like stress, panic, and fear. But while you go through the emotional whirlwind, you still have to keep your presence of mind and take the necessary actions as soon as you can.
Financial troubles are a business owner’s worst nightmare. While many believe that filing bankruptcy is the best solution, this isn’t actually true. Bankruptcy should be considered the last resort. A failing business can be saved if you have enough cash flow and key employees are still willing to work for you. Here are tips on how you can save your struggling business and avoid bankruptcy.
Your home will likely be your biggest and most valuable asset. It is best if you protect it from some things that may damage it. However, there are things that you should understand about home insurance. They usually offer a broad range of coverage that helps in protecting more than just the physical structure. It can also cover damage to other structures on your property including your belongings.