Insurance Insights
Risks of Operating a Pawn Shop
Pawn shops provide a lucrative form of income and are important in many communities as they sell low cost items and allow people to get a little extra cash by pawning their goods. Both pawnbroking and pawn shops have been around for hundreds, if not thousands of years.
Actuarial Services Insurance
Actuarial services businesses use statistical skills and mathematics to assess a business’s potential risks. As an actuary, it is your job to figure out what risk factors a certain business has, and what the potential financial costs of those risks are. A business hires you to find out how much to offer for pension plans, make financial decisions for the business and determine the costs of their business insurance policies. Your actuary business has your own set of risks, with professional liability being one of the primary risks. Actuarial services insurance will help you cover this and other risks.
Piano and Organ Store Business Insurance
Piano and organ stores not only carry these instruments, but accessories for them as well. This includes selling a variety of pianos and organs, new and vintage styles, along with other essential items like stools, sheet music, instructional books, CDs and DVDs for instruction, keyboards, cables, benches and software. Many piano and organ stores also provide private lessons and have recitals. As a piano and organ store business owner, your risks range from liabilities for customers of your store, to potential damage from the products you sell. Protect your store from such risks with proper business insurance.
How Should Small Businesses Approach Social Media?
With the way in which many experts are now beginning to say how social media is extremely important for small businesses to grow their “brands” and reach new customers, many owners are likely starting to look into the best ways they can approach these platforms as a means of increasing their visibility online.
Risks of Operating a Staffing Agency
Staffing agencies provide an excellent service for their employees as well as the companies where employees are placed. A staffing agency, also referred to as a temporary agency, helps companies find the staff they need. Sometimes, it is only a temporary position for a few days or weeks. Other times, the company is looking for a full time, permanent employee, but doesn’t have the time to go through the interviewing and hiring process. While this is a great profession to be in, it’s not without its business risks.
What a Small Business Website Should Look Like
More small businesses nationwide are now starting to focus on the way in which their websites might or might not be helping them to connect with consumers in their areas, and how they might be able to make the online destination more attractive overall. As one might imagine, there is obviously a right and a wrong way to go about doing this, and knowing the difference can mean either increased business for a company, or continued stagnation.
What Your Small Business Needs to Know About Being Sued
The thought of being sued, whether by a customer or client or someone else entirely, is a scary concept. In fact, it is one thing many small business owners are leery of the most. While it makes starting your business intimidating, there are some things you should know about potential lawsuits, including ways to reduce your risk. One thing to think about is that all businesses are at risk of being sued, even if you do everything right. But by understanding the risk and prevention of lawsuits, you can better protect your business.
How Should Small Business Owners Approach Employee Benefits Programs?
Many small business owners are now trying to figure out new ways to ensure that they can attract the best possible candidates for whatever open positions they have, as well as hold on to the top workers they’ve already hired. There are a number of different theories behind the best way to do this, but one in particular that may be gaining momentum in recent years relates to the kinds of secondary benefits companies extend to their workers.
Less Small Business Lending Another Consequence of Federal Shutdown
The decision by Congressional lawmakers to shut down the federal government earlier this week will likely have many far-reaching implications that could last for years. One of the bigger problems that many small businesses may see in the near future is that it might now be more difficult for them to obtain any more financing from lenders.
Creating A Small Business Refund Policy Infographic
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