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Finding coverage for your home-based business

You have the perfect idea for a small business. For the time being, your home is an ideal location. That's all you need to know, right?Wrong.According to the Small Business Administration's website, home-based business owners must not only be aware of how to finance and market their company, but also how to file taxes properly. It is not as simple as deciding one day to run an organization. Necessary planning must be done to ensure ...

Wells Fargo: Small business optimism on the rise

Owning a small- to medium-sized business often requires entrepreneurs to consider many factors at one time. Is all financial paperwork in order? Do I need to contact any vendors? How are customers responding to the new website?Having the right Arizona business insurance might not be a priority, but it is essential that company leaders have the right policies in place. Otherwise, there could be a major issue in the future that will force business ...

Prevent your business from moving with the right insurance policies

Location, location, location. Many business owners are probably well-aware of the rules of real estate, which help dictate a company's success. But, what if factors beyond your control as an entrepreneur come into play, and you have little—if any—say about what happens to the business? For example, severe weather could cause long-lasting damage to your company, especially if you lack comprehensive California business insurance. Or, vandalism could bring about the need for expensive repairs. Even if you have ...

Do I really need technology insurance?

Many individuals will likely think of a "data breach" happening when computer hackers break through an online system. While this is true, a breach is also considered to have taken place anytime sensitive information is no longer controlled by a company.For business owners, either type of data breach could be costly. A Vermont medical facility is currently experiencing the aftermath of such a situation. Caledonia Home Health and Hospice had to alert patients earlier ...

Current small business growth underscores need for comprehensive insurance

Choosing the right California business insurance policy, or set of policies, is hardly the first thing that entrepreneurs consider when they are looking to start their own company. However, with recent research showing that small business hiring is improving, owners should take the necessary steps to ensure the long-term success of their organization.According to ADP data, businesses with fewer than 50 employees added 82,000 jobs in July and 85,000 the month before. Additionally, smaller ...

Why 'Hurricane Week' should push owners to review insurance policies

The Weather Channel declared that the week starting August 5 was "Hurricane Week." Similar to how the Discovery Channel has its popular "Shark Week," the natural disaster theme is designed to inform viewers on the dangers of the powerful storm.While even the Weather Channel is acting somewhat tongue-in-cheek with the theme—one advertising spot features a Great White shark being thrown from the water—this is still an important matter that company leaders across the nation should ...

Managing a business is complicated during a recovery process

Many entrepreneurs pride themselves on being great multitaskers. It is often required of small- to medium-sized business owners to wear numerous hats, but what happens when a natural disaster strikes? Keeping tabs on all aspects of a company is one thing, but when the rebuilding process begins, the process of managing a business is not going to be what it was before.William Akers, mayor of Seaside Heights, New Jersey, has owned Bobber's Family Restaurant with his wife ...

July jobs report underscores need for businesses to be prepared

With the Bureau of Labor Statistics releasing what many economists consider a lackluster jobs report for July, small- to medium-sized business owners should ensure that they are prepared for numerous situations. While no company leader can predict what the nation's economy will do, or how it will subsequently impact his or her organization, a strong preparedness plan can create for a better future.The BLS report showed that the unemployment rate dropped to 7.4 percent, ...

Keep your insurance policies current as technology evolves

As a small to medium-sized business owner in California, it is probably extremely apparent that technology is quickly evolving. Silicon Valley is filled with startups, and entrepreneurs across the country flock to the Golden State in an attempt to get their company up and running. Whether a firm is established or just beginning, it is necessary to think about the long-term, and not just immediate goals.For example, many company leaders are aware of how ...

Study: One-third of business owners affected by extreme weather

It is no surprise that Southwestern areas of the United States experience different weather patterns than other sections of the nation. One thing that remains clear though, is that small- to medium-sized business owners can be severely impacted by heavy storms. Without the right Arizona business insurance, company leaders could find themselves in a financial hole, forced to pay for repairs out of pocket. Even then, it might be difficult to reopen their stores. For example, ...