Category Archives: Insurance

New changes to the Workplace Safety and Insurance Act threaten to obliterate small business in the construction sector. With the change costing the average small construction company $11,000 a year, it is clear that companies will have little choice but to let employees go, raise labor rates, and/or go out of business. Has safety in the workplace gone Read more...

Most small business owners realize they must have insurance on their businesses in some form or fashion, whether it is small business liability insurance, small business property insurance, commercial truck insurance, or whatever. However, it is important for business owners to know business commercial insurance definitions, and what mean! Common types of business commercial insurance Read more...

As many of us have already figured out, most small business employers did not view the small business health insurance tax credit as an incentive to provide health insurance coverage to their employees last year, the American Institute of Certified Public Accountants told a congressional panel today. The credit is so complex that small business Read more...

The Medical and Health Insurance Tax Credit for small business owners is another instrument the government cooked up to “help” businesses through the economic downturn. Like so many other programs designed to “help” us, the plan appears to be backfiring. The number of claims for the Small Business Health Care Tax Credit, which was included Read more...

Business Property Insurance should include a broad form of coverage to protect you from a wide variety of losses. Your insurance should include:    1. Business Building Insurance: Coverage would be required here if you own the building your business occupies. In the event you lease premises, your landlord should provide this coverage. 2. Business Read more...

Even the best small business owners can run in to unhappy customers. Every business owner needs to be able to answer the question “what is liability insurance”, because chances are you’ll be needing it! Purchasing business liability insurance can help protect your small business if one of your customers brings a personal injury or property Read more...

As all smart businessmen know, the purpose of buying small business insurance is to transfer a risk that you can afford (i.e. the payment of a premium with no guarantee of its return) to cover a risk you cannot afford. For example, what homeowner does not insure his or her personal residence from damage by Read more...

Knowing and understanding what your small business insurance options can be as important to your business longevity as almost anything else.  Think of insurance as your Small Business Survival Plan!  One of the big “I never thought of that” issues is when you purchase a business is the equipment that comes with it may work Read more...

Knowing and understanding what your small business insurance options can be as important to your business longevity as almost anything else.  Think of insurance as your Small Business Survival Plan!  One of the big “I never thought of that” issues is when you purchase a business is the equipment that comes with it may work Read more...