According to recent research from an insurance group, pricing for commercial property/casualty insurance accounts has increased by an average of more than 4 percent throughout the first quarter of 2012, compared with the previous year.
Results from the recent CBIZ Small Business Employment Index, which measures hiring trends of small businesses with 300 or fewer employees, showed the index increased .05 in April.
While the cloud continues to become part of the basic infrastructure for many small and midsize businesses, data security companies are offering new cloud-based products. For example, WatchGuard Technologies recently launched virtualized solutions.
According to recent research from international law firm Clifford Chance, 78 percent of respondents said they are pursuing business mergers and acquisitions in global markets as opposed to domestic markets.
Umbrella insurance is said to be the last line of defense in combating lawsuits, a group of advisers told The New York Times, which makes the insurance important for small business owners and entrepreneurs.
Nearly all businesses across the United States have workers compensation insurance, so employees who are hurt on the job won’t be responsible for medical costs, according to Monster.com.
Many retailers have said they are employing mobile strategies in an effort to bring in more customers and improve their customer service.
Many small businesses are unsure about the pace of economic recovery in the United States, but 38 percent plan to increase their number of employees, while only 5 percent are laying off staff members, according to a recent survey from Insperity.
Idaho, Texas, Oklahoma and Utah were found to be the friendliest places for small businesses, according to a recent report conducted by Thumbtack.com and the Ewing Marion Kauffman Foundation.
Many business owners have a psychological aversion to purchasing a business insurance policy because they believe nothing catastrophic will happen to their business, according to a report from FM Global.