The small business franchise has become one of the most popular ways to almost guarantee success when opening a business. With endless possibilities, people are grabbing onto the small business franchise concept, and are making a good amount of money doing it. However, simply jumping on board any type of small business franchise is not
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
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
The Value of Liability Coverage for Management Consultants More and more clients today are requiring that management consultants carry liability insurance coverage, whether it’s a small consulting firm or an independent freelancer. This may seem like an unnecessary pain, but liability insurance often ends up saving you and your business, a lot of
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
