Insurance Insights

A leather goods store carries everything someone is longing for that is made by leather materials. This includes jackets and other clothing, handbags, suitcases, wallets, briefcases, gloves, belts, boots, hats and the list goes on. Many leather goods stores also sell accessories for the leather, like polish, and also provide repair services. Aside from the many possibilities of owning your leather goods store, you also have a number of risks. As a retail store, you will run the risk of theft or shoplifting and the risk of damage to your property or merchandise. You also have the risk of injury and liabilities to your customers and employees. Cover these risks with leather goods store insurance.

Large and growing numbers of government regulations have been problematic for businesses in the past and now a new one is drawing particularly significant criticism among owners, who believe it will soon become far more difficult to afford to even look for new employees.

One thing that has repeatedly been cited by small business owners as a major issue they face in their day-to-day operations is that they have to deal with fairly high taxes. However, those charged in each state can vary widely, and some impose relatively little tax burden on companies operating within their borders versus others.

Book and magazine stores sell a large selection of books and magazines, including fiction, non-fiction, biographies, college textbooks, and books on religious, history, poetry, and many more. Often times, book and magazine stores carry other items such as bookmarks, book covers, coffee mugs, and other accessories. Lastly, a book and magazine store can also have an in-store coffee shop. Common business risks of these types of stores is the risk of a customer getting injured, whether it is from a heavy book falling off the shelves and hitting them, or coffee served in the café that is too hot and burns their mouth. Other risks exist so you should protect your business with book and magazine store insurance.

In this age of Internet accessibility and social media, it’s becoming easier than ever to reach an audience, particularly for small businesses which may not have the cash on hand to undertake heavy advertising campaigns. That new reality, in turn, has led to many independent companies eschewing traditional advertising more or less altogether these days.

These days, many owners of independent companies all across the country are seeing higher costs for everything from rent to small business insurance. One way in which they may be able to save a little bit of money every month, and consequently improve their bottom lines, is by taking steps to reduce energy costs.

Whether a person is just starting a small business for the first time or is running one that has existed for years, it might now be time to turn a closer eye to the power that social media may be able to provide when it comes to reaching customers within the local market.

Watch and jewelry repair shops handle a variety of repair services for their clients, including fixing new and antique watches, clocks, and jewelry items. Most people who request repair work on their watches or jewelry are bringing in antique or precious items with sentimental value, not to mention often high financial value. This increases your business risk due to the potential of damaging their precious heirlooms or having the items stolen from your shop. Therefore, you should get watch and jewelry repair business insurance in case something like this occurs.

Many small business owners that make their own products may have recently made some seismic changes tot he ways in whcih they obtain the things they need to manufacture their wares. As a result, for a number of reasons, more companies both large and small are buying American-made goods as a means of saving money and increasing interest.

Many small business owners are likely dealing with a number of spinning plates at any one time, and keeping them all in the air isn’t always easy. However, there are still several concerns that seem to stand out more than most others, and leading the pack is still compliance with the Affordable Care Act’s coverage mandate.