Insurance Insights

It’s not easy owning a small business, and this is particularly true when it comes to taking the time to build and cultivate a healthy nest egg for their necessary retirement savings. New data shows that many entrepreneurs are now lagging behind in this regard, and some are starting to look for ways to address this potentially major problem.

Operating an engraving business means you will be responsible for producing an image or text onto a certain type of material. Different materials can be engraved such as glass, metal, wood, or stone. Engraving is often done for unique gifts, such as the inside of a wedding ring, on a new watch, picture frames, or glass cups. While it can provide you with a rewarding career, owning an engraving business is also associated with several risks. The major risks being professional errors, stolen goods from your store, or injuries from the engraving equipment. Protect against these risks by obtaining the right types of engraving business insurance.

Optical goods stores sell a variety of products relating to opticals including eyeglasses, prescription sunglasses, contacts and accessories like eyeglass cases, cleaner, contact solution and contact lens cases. Optical goods stores may also be staffed with optometrists who perform eye exams and prepare prescription glasses. A variety of risks are associated with operating an optical goods store including injuries with the machines used for prescription glasses, liabilities within the store and general business risks. Protect these risks with optical goods store  business insurance policies.

Many small business owners nationwide now know that the proper use of social media can be a boon for their companies, but many may not know exactly how best to pursue these issues. That, in turn, seems to be leading to something of a disconnect between what consumers want to see and what they’re actually doing.

These days, social media is one of the best ways that small business owners can reach current and potential customers alike, but one thing they may not consider is the ways in which different types of people use each platform. For this reason, it might be wise to target certain demographics with postings on each of these sites.

Learning centers range in sizes and specialties, but most provide education for students of all ages. These centers supplement traditional schooling, where students get help with tutoring and subjects that they need extra help in. In addition, learning centers often provide adult education classes, such as in the arts, technology, health, food and drink, and fitness. Your learning center’s most significant risks are liabilities with your students and visitors, as well as professional liabilities. Protect these risks with learning center business insurance.

Millions of small business owners know that they can’t always expect growth to be continual or timely, and many companies go through fallow periods where prospects for expansion seem out of reach. However, there are ways in which entrepreneurs can navigate these often murky waters and get themselves and their businesses back on track.

The continual improvements observed across the economy in the last several months has likely led many small business owners to enjoy more revenues and potentially income, which in turn could lead to encouraging them to hire. That trend might now be reflected in the latest hiring figures.

Camping and outdoor equipment stores carry all different types of supplies and merchandise a customer would need for camping, or general outdoor activities. For camping, this includes tents, stoves, air mattresses and sleeping bags, outdoor showers and backpacks. Additional outdoor equipment ranging from gear for snowboarding and skiing, to hiking and kayaking. As a retail store, one of your biggest risks is that of theft or shoplifting, though many other risks are possible. Protect all of your risks with business insurance.

A commodity broker acts as an agent and is responsible for handling the buying and selling of commodity contracts. Commodity brokers may work for themselves, on the trade floor or for brokerage firms. As a commodity broker, you are exposed to many business risks including professional liabilities, general liabilities and a variety of crimes, particularly of fraud. Protect your business with commodity broker insurance.