Insurance Insights
Top Ways to Mitigate International Business Risk
The world has grown much smaller in the last two decades thanks to technology advancements. The Disney song “It’s a small world after all” has certainly taken on new meaning in the “Information Age.” People and places that were once so far away and foreign are the tap of a button away today. For small businesses, markets that would have been out of the question in days long past, are suddenly a click away on the World Wide Web. That’s the good news.
Lawmaker Calls for Small Business Tax Reform
There is a lot of regulatory uncertainty in Washington these days for a number of industries, and among them is small business. This, in turn, may be leading to difficulties for these companies in their efforts to grow, and as such experts are now calling for definitive reform of the small business tax code.
Sequester Cuts Disproportionately Affecting Small Businesses?
There have been many effects from the mandatory budget cuts required by the recent sequestration in Washington, D.C., and now it appears as if small businesses have been hit harder by these changes than many other types of companies.
Bridal Shop Insurance
Your bridal shop provides a bride and her wedding party with gowns, tuxedos and accessories. The main item bridal shops carry and customize are wedding dresses, though many of them also sell other items like tuxedos, bridesmaid dresses, photo albums, flower arrangements, veils, jewelry, tiaras, gloves, shoes, and undergarments. Bridal shop insurance is important on many different levels. You are exposed to a variety of risks as the proprietor of a bridal shop, including legal liabilities relating to accidents that could occur in your shop along with customers receiving the wrong custom alterations which could lead to loss or damage on their part. These and other risks should be protected by obtaining business insurance for your bridal shop.
Protect Your Business (and Finances) from Spring Storms
The start of the spring season brings back warmer weather and blooming flowers, but it is also the start of hurricane season and the cause for floods, wind, and rain — all of which can cause damage to business property. You can’t avoid spring storms, but you can take steps to prepare your business from the inevitable damage. The following tips help guide you through the process of making preparations to not only protecting your property, but your finances as well.
The Fine Line: Work Life Balance Infographic
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Lenders giving more credit to small businesses
The rate at which small businesses are now being approved for credit is on the rise, thanks in large part to improving sentiment about the prospects for healthier borrowing among banking professionals.
Liquor License 101
In the U.S., a liquor license is required and issued for bars, nightclubs and taverns as well as restaurants and stores selling alcoholic beverages. Each state has slightly different laws and requirements for getting a liquor license. If you attempt to sell or distribute alcohol without a current liquor license, you could be facing steep fines and penalties or see your doors close until the matter is handled within your state. Here are some tips and guidelines for getting your liquor license.
Telemarketing Insurance
In addition to requesting donations and gathering information, telemarketing businesses handle the selling of products and services by making outgoing phone calls to both individuals and businesses. They may sell just one product, but most telemarketing firms are responsible for selling a variety of different products and services. They will use different customer service and sales tactics in order to make sales, while most telemarketers make an hourly wage plus commission on all completed sales. Telemarketers also record payment information and orders, therefore opening themselves up for different risks, such as recording the wrong credit card information. Additional business risks are related to general business operations, and include crimes, employee injury, or property damage. These and other related risks should be mitigated through telemarketing insurance.
IRS Keeping Closer Tabs on Small Businesses’ Filings
With the tax deadline having recently come and gone, many small business owners may think the time of stress that often accompanies filing is over, but unfortunately government data shows that these organizations may be targeted for audits in the near future.
