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Regardless of when you start your business, have the right insurance

This blog has previously highlighted the struggles that business owners might experience. A  natural disaster, vandalism or even a cybersecurity issue could force a company to close its doors. Even if it is only temporary, the process of getting back on one's feet can be time consuming and costly. No matter when an individual decides to start a business, there are many things to consider.A recent study, the 2013 Global Entrepreneurship Monitor, found that more than ...
April 18, 2013By InterWest Insurance Business and IT Insurance Tag 0 Comment Read More »

Keeping small businesses healthy is important to overall economy

The Washington Post started a new blog series, written by Karen Mills, administrator of the U.S. Small Business Administration (SBA). In her most recent piece, Mills explained how important small companies are to the overall success of the American economy, and why it is necessary for the government to feed those organizations' needs however they can. According to Mills, the vast majority of U.S. small businesses are sole proprietorships, which are responsible for 23 million ...
April 17, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

With small business boom, make sure you have the right insurance

This blog has previously discussed the difficulties that small to medium-sized businesses can face when it comes to recovering from disaster. Whether a cyber attack or natural disaster occurs, the financial setback can be immense and take time to overcome.When building a business from scratch, having the right general business insurance policy is a necessity. Working with commercial insurance specialists can help owners find the best coverage options for their daily operations as well ...
April 16, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

How small business insurance can keep you organized

The tax deadline is quickly approaching and individuals as well as business owners must ensure that they have all necessary paperwork on hand so filing can be as simple as possible. Company heads might not be subject to fines this year, but improper filing - or lack thereof - could cause serious trouble in the future.As this blog has previously mentioned, smaller businesses often have a more difficult time recovering from financial setbacks. Natural ...
April 15, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

The simple questions you should ask when running a home-based business

It is not a new concept to operate a business out of one's home. Not only can it save on the costs of buying or renting a building, some entrepreneurs find it convenient to have all amenities in one location. According to the Small Business Administration, 53 percent of all small businesses located in the U.S. are home-based.However, what do you need to do as an owner to guarantee that your company is properly ...
April 15, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

Recovering economy underlines importance of business insurance

Running your own business is hardly easy, which is why it is important to have the right protections in place to ensure that when the unexpected does happen, you have less to worry about. With recent research showing that a recovering economy is troublesome to small business owners, not worrying about an insurance policy can be reassuring.According to the the March NFIB Index of Small Business Optimism, sales expectations dropped, along with owners' plans ...
April 15, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

Work with commercial insurance specialists to keep policies current

It is unrealistic to think that your personal television, music or even book choices will always stay the same. Different factors will be put into play over time, altering what you choose to watch, read and listen to. The same can be said for general business insurance policies. It will not benefit an owner, especially those of small and medium-sized companies, to think that it is a one-time process.Organizations can change over time. As ...
April 10, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »

Manage your risk, do not let it manage your business

Small and medium-sized company owners might wonder what exactly qualifies them for needing business insurance. Just having an organization open for customers makes them qualified.The location doesn't negate the need for insurance, rather it plays a factor in which type an owner should purchase. This blog has previously explained the importance of commercial property insurance for those who work out of their home or even rent from a landlord."If you own your building or ...
April 10, 2013By InterWest Insurance Business and IT Insurance Tag 0 Comment Read More »

Weather can affect any business, any time

Small and medium-sized business owners can see their company's normal routine affected by numerous events. Some of them are expected, but others will be unforeseen. The important thing to remember though is that it is never a hindrance to be overprepared. For example, some organization heads might ask, why do I need to worry about rain? But then, Hurricane Sandy hit.The superstorm that ravaged the East Coast five months ago had long-lasting effects and pushed many ...
April 4, 2013By InterWest Insurance General Insurance News Tag 0 Comments Read More »

Find the right insurance by not undervaluing your business

No business owner opens up shop with the expectation that it one day might close. Why then, would a company head not prepare for scenarios that could force it to shut down?For example, pretend that you own a small to medium-sized business. You thought that you had accounted for every possible negative scenario that could impact your company. However, one morning, you go down to the building's basement and see that the recent rainfall ...
April 3, 2013By InterWest Insurance General Insurance News Tag 0 Comment Read More »