Everywhere you turn, it seems like the stock market is dropping another 100 points, or another big company is shutting down. The signs are everywhere and as a business owner, you know one thing for sure…money is tight. When you look at places where you can cut the budget a smidge here, or a tad
Frequently Asked General Liability Insurance Questions for Small Business Owners Insurance coverage is on a lot of small business owner’s minds these days, especially in today’s increasing litigious society. Anyone who can sue will, and more often than not, it is the small business owners who see the majority of these suits.
CRM, or Customer Relationship Management, is one of the most important things for successful customer relations for small businesses today. CRM systems essentially gather significant information about the customer. Many times this information will include the customer name, email address, demographic information, purchases made, any problems that occurred, and other noteworthy facts. That information can
Proper Liability Coverage for Engineers Engineers are required to carry liability insurance, especially when practicing as an independent contractor. Making sure that you are covered for any unexpected liability will not only protect you as an independent contractor, but will also allow you to obtain more work since companies will feel more comfortable
Protecting the Corporate Veil – How to Ensure the Protection of Its Executives Protecting the corporate veil, which separates the personal assets of company executives from the liabilities of the business entity, is crucial for safeguarding personal wealth and assets. By following these guidelines and implementing sound corporate governance practices, executives can help protect themselves
There is more to starting a new business than meets the eye. Starting a new business entails a good amount of research, planning, and money. If you’re planning to start up your own business there are a few things to consider. Provide an In-Demand Product/Service First of all, you must decide what your product
Business Interruption Insurance: What is Covered and is it Necessary? In short, business interruption insurance covers your business in the event that you are no longer able to function normally due to a natural disaster or similar event. For example, if a hurricane damaged your office building, business interruption insurance could cover the expenses of
As any small business owner knows, if the business isn’t coming to the office, you have to bring the office to them. Depending on the size of your sales force or service department, you might need to purchase or rent company vehicles. In any case, if you or employees are driving on the road for
Why System Integration is Important and the benefits that system integration can offer to industrial end-user clients Independent systems integrators indeed have a vested interest in reducing liability exposure, and one effective way to do so is through well-crafted project contracts. Here are some key elements often included in project contracts to help mitigate liability:
Protect Your Work with a Software Development Contract As a software developer, it is important that the ownership of the programs you develop for clients is clearly outlined. Make sure that your client only gets what they pay for with your software. For example, a well written contract will determine whether the client
