Insurance for Bookkeepers: A Complete Guide
Bookkeeping is a vital, essential practice. From basic checkbook balancing at home to the various branches of professional accounting, the creation and maintenance of accurate records is both what keeps individuals and businesses afloat and what enables them to grow. Professional bookkeeping, especially, is more than just a business—it’s a pillar of society. Professional bookkeepers…
Read MoreHow to Build Customer Relations in Your Business
Developing a fantastic product or service is a great first step in establishing a new business, and in the old days it may have been enough to turn a profit. However, in this day and age, there are so many competitors and innovators in any given industry that customers and businesses alike are relying on…
Read MoreDeveloping an Effective Risk Management Plan
When problems arise mid-project, it generally isn’t due to some unforeseen, unavoidable circumstance, but rather to a misstep or series of missteps that could have been avoided with proper planning. That, in essence, is the risk management definition (by Oxford Dictionary): “the forecasting and evaluation of financial risks together with the identification of procedures to…
Read MoreCompany Working From Home? Stay Safe of Cyber Attacks
Cyber attacks against small- and mid-sized businesses (SMBs) were already rising rapidly prior to the outbreak of COVID-19. Now, with more and more businesses working remotely to combat the spread of the virus, hackers have been given expanded opportunities to target at-risk firms. Whether or not your company already employs cybersecurity protection, there are several…
Read MoreWhat Does Professional Liability Insurance Cover?
Some people endure a setback and immediately look for someone to blame. And if you’re a physician, attorney, accountant, real estate broker or anyone who served as a consultant to such a person, they’re likely to point the first finger at you, and perhaps even file a lawsuit against you. That’s where professional liability insurance…
Read MoreGeneral Liability Insurance: How to Keep your Business Protected
For any business with multiple employees, there are countless scenarios that could result in an unhappy customer filing a lawsuit. Though the possibilities for lawsuits are endless, the lion’s share of those claims is likely to fall into one of two general categories: bodily injury or property damage. Thankfully, general liability insurance is a vast…
Read MoreChoosing a Business Insurance Provider: Everything You Need to Know
A huge part of being a small business owner means having to purchase insurance. Some types of business insurance are required by federal law. Others are so crucial to protecting the health and well-being of your employees—not to mention protecting yourself from potential liabilities—that they should be required. Choosing the right bundle of insurance plans…
Read MoreBenefits of Professional Liability Insurance
If you’re in a service business, you work with customers on a constant basis. While you want to provide the very best possible service, guaranteeing it is an impossible feat; no matter how much you plan, there will inevitably be human errors, mistakes, or slip-ups that occur in the line of duty. While the vast…
Read MoreWhat Does Errors and Omissions Insurance Cover?
Errors and Omissions insurance is a type of liability insurance that provides protection when either a customer or client accuses you or any of your employees of losing them money. This accusation typically highlights a mistake made on the business’ end. For any sized business, these claims can be costly, even leading to financial ruin.…
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