Even when there are no injuries, car accidents could be financially devastating without insurance. Vehicle insurance is designed to make sure that owners do not have to come completely out of pocket for all of these expenses. However, changes in the broader economy can impact car insurance rates in ways that are beyond the […]
While every business and industry is impacted by shifting economic conditions, for the insurance industry that ebb and flow will result in what are called “soft markets” and “hard markets.” Macroeconomic conditions force changes in the insurance industry that will either increase or decrease prices for both existing and prospective insurance buyers and will […]
Purchasing equipment is one of the biggest challenges for anyone starting or operating a contractor business. Among the equipment you need to purchase, your vehicle is likely to be the one you’ll need to make early— and one that carries a significant amount of liability risk. There’s a lot to think about beyond just what […]
Are employee handbooks still relevant in today’s workplace? The simple answer here is “yes.” Although there’s no law dictating that you must have an employee handbook, there are two ways to consider the value these documents still hold for companies. First, an employee handbook can massively reduce the administrative time needed to onboard new employees. […]
Cybercrime has become more than a nuisance for businesses; it’s an existential threat. Cybercriminals are exceptionally savvy at finding ways to attack businesses, steal data, and ultimately cause expensive chaos. Depending on the size of your business and your available assets, the financial fallout from just one data breach could be enough to cause […]
Alongside earning a sustainable profit and experiencing growth, most small business owners hope to see their businesses last beyond themselves. Knowing that your business will continue to thrive even after you retire or pass away is exceptionally satisfying, but if you fail to create a perpetuation plan, your business may end with you. […]
California businesses employ the second-highest number of HVAC workers in the US. That’s a reflection of several characteristics of the state, including the increasingly negative impacts from wildfire smoke and soot on HVAC systems. Before you start working with any customers, however, you’ll need to cover all of the insurance requirements necessary to […]
The global pandemic has created some unique challenges for small business owners hoping to mitigate health and safety risks for their employees. Social distancing, mask-wearing, frequent hand washing, and hand sanitizer are now routine practices. But health and safety needs for businesses existed and will extend well beyond the COVID-19 pandemic. Small business […]
The global pandemic caused by the novel COVID-19 coronavirus has led to one of the worst economic situations the world has seen in nearly 100 years. Governments worldwide shut down business operations in an effort to slow the spread of the virus. Many businesses were deemed essential and allowed to continue operations with notable […]
The Golden State is renowned for its beauty, but it’s also well known for various types of disasters. While yearly wildfires take most of the headlines these days, California residents also need to prepare for earthquakes, mudslides, and common issues with water damage, among other potential disasters. While it’s impossible to completely avoid these […]
