In the words of Mark Twain, “Find a job you enjoy doing, and you will never have to work a day in your life.” What many would call a pipe dream has become a reality for millions around the globe. Turning your hobby into a business, whether it be gardening, baking, or painting, is attainable if you are willing to adopt a business mindset and the precautions necessary to guarantee financial stability. The preliminary steps are the easiest: identify your hobby, and make sure you are great at it. But where do you go from there?
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Taking the First Steps to Turn Your Hobby into a Business
January 14, 2020 by
Who is Responsible for Improvements on Leased Property?
November 29, 2019 by
From spiffing up a single-bedroom apartment to overhauling a leased retail space, an improvement made on leased property changes the value of the property overall. Unlike with possessions, many improvements (or betterments) made to the property cannot easily be taken with them, so who is responsible for cover the increased value when it comes to insurance: the lessee or the landlord? Today we’re going to look at how improvements on the leased property should be covered and whose responsibility they should be.
[Read more…]Protecting Your Business from Cyber Breaches
October 22, 2019 by
Breaches are beginning to become more and more common like any other disaster, and the after-effects of a breach can be long-term. Last year, there were 1,579 data breaches, exposing nearly 179 million records. That represents a 44% increase in the number of cyber breaches and a 389% increase in records exposed. In this blog we’re looking at how your business needs to plan for these incidents like any other workplace safety issue, using plans, policies, and insurance to keep you and your bottom line safe. Let’s start with terminology.
[Read more…]How to Plan and Move Your Business to a Temporary Location
February 26, 2019 by
A recent study conducted by the National Oceanic and Atmospheric Administration, natural disasters used $306 billion in damages worldwide in 2017. These damages often include harm to buildings that harbor businesses like yours. If you’ve been affected, then you’re likely in a situation that requires fast action to find a proper location and get your business back up and running. If you’re attempting to protect your business from a disaster before it strikes, check out our blog, Protect Your Business from Natural Disasters. [Read more…]
Getting Physical with Fitness Center Insurance
July 25, 2018 by
When running a facility that deals with hefty machinery and members who strive to test their physical limits, it’s no shock that accidents occur. If exercise weights aren’t secure and end up falling on to a customer, your business might find the weight of accident liability falling onto their shoulders. When it comes to situations of liability, learn how fitness center insurance can help, from the smallest yoga studio to the biggest 24-hour gym. [Read more…]
Non-Owned Auto Coverage to Protect Your Employees
August 31, 2016 by
Your company has employees, and your employees have cars. When they use their cars on behalf of your business and get into an accident, who is liable for the accident? In our blog When Do You Need Commercial Car Insurance? we took a look at some examples where the line becomes blurred and insurance policies revoke their coverage. Today we’ll go over signs that your company needs to provide insurance for your employees, and how a non-owned auto coverage policy might be the right choice between no coverage and getting company cars with commercial vehicle insurance. [Read more…]
