The Importance of Business Insurance During The Winter

importance of business insurance
Since business insurance isn't generally a requirement, it's quite common to see companies go without coverage all year. Although this is a viable strategy when trying to cut down on operational costs, a personal injury that occurs on your property could wreak havoc on even the most fundamentally sound budgets and financial plans. If you are going to go without insurance, at least consider a temporary policy during the winter months.   (more…)
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8 Golden Tips For Selling Your Small and Medium Sized Business

8 Golden Tips For Selling Your Small and Medium Sized Business
As one of my mentors would always say; ‘Business is business, no sentiments in business’, it was easy to chant this until I tried starting up my first business then I realized just how easily you can get sentimental about something that you watched grow by your hands from ground up. Selling a business is a topic that many entrepreneurs wish would never come up in their business lifetime, but often times it does come up anyway and too many are either reluctant to sell their businesses or are t...
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10 Online Shopping Trends Businesses Need to Know

As the holidays approach, more and more people will be gearing up to shop on the internet. Whether you're new to online businesses or not, it's crucial you keep your thumb on e-commerce trends. After all, 51 percent of shoppers now make their purchases online, and even brick-and-mortar giants like Target and Wal-Mart are losing sales to Amazon. To stay competitive even during this busy season, here's what you need to know about the latest and hottest in online shopping. 1. Mobile Purchase...
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Pain Tolerance: Dealing with the Tough Aspects of Entrepreneurship

Pain Tolerance
Being a business owner is an exciting and noble pursuit. In fact, business owners, not politicians as they like to claim, are the ones that create jobs in our economy and help our society grow.  When you build a business that is profitable and growing, there are also personal gains in the form of prestige, financial rewards, and other trappings of success. However, the path is long and winding from your initial business plan to winning in the marketplace with enduring business results.  For m...
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How to Prepare Your Company for the New Overtime Law

Overtime Law
Tick tock. Time is running out. The new federal overtime regulations go into effect December 1, 2016. Starting then, most white-collar employees whose weekly salaries are lower than $913 are eligible for overtime pay. As a result, the Department of Labor estimates employers will distribute almost $1.4 billion more in salaries and overtime. That’s a big change. How big? The DOL expects it’ll cost nearly $593 million just for employers to prepare for the switch. At the same time, the department...
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