professional liability - InsureYourCompany

Business Licensing Requirements For A Company Working Nationally

Dan Levenson — Tue, 28 Jul 2015 15:20:14 +0000

Whether you operate a single-person LLC, have a small business with just a few employees, sell goods and services, or receive business contracts in other states, many states require you to have a variety of business licenses and permits before you can legally begin operations. In addition, you will have to register your business with federal, state, and local taxing authorities.

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3 Tips For Dealing With Difficult Employees

Dan Levenson — Tue, 21 Jul 2015 17:31:50 +0000

Much as it may surprise many employees, letting go of staff members is one of the more difficult business owner responsibilities. While you may feel a sense of relief once you finally get rid of a “bad apple,” it probably won’t make up for the weeks, months, or even years you might have to deal with the stress and discomfort of the termination. One of your business owner responsibilities is to manage risk and problem employees can certainly pose a risk to your business. You can minimize that potential risk if you remember the following tips.

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Business Owner Responsibilities For Employee Termination

Dan Levenson — Thu, 16 Jul 2015 20:59:52 +0000

In general, most management advice tends to focus on things like hiring, managing, and motivating employees. There’s good reason for that—after all, the point of management is to move your business forward, and the way to do that is with a motivated, professional workforce.

But sometimes, for different reasons, it just doesn’t work out with an employee, and the time comes where it's best to part ways. It’s typically not a fun experience, but it’s something that is occasionally necessary. And, as an employer, it’s critical that you not only know when to let someone go, but what your business owner responsibilities are before, during, and after the termination.

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“Can’t Stop, Won’t Stop” With Business Interruption Insurance

Dan Levenson — Thu, 09 Jul 2015 00:16:49 +0000

Consider the following scenario: You have to vacate the area due to an oncoming hurricane or tornado. You return to the scene to find your equipment damaged by wind and water, or it was hurled away. Not only will you be displaced because of the damage, you don’t have the inventory you need to keep your operations going. How will you relocate to another facility, replace all your products and replace the funds needed to make this happen?

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Things You Need To Know About Errors And Omissions Insurance

Dan Levenson — Thu, 02 Jul 2015 14:24:10 +0000

"Errors and omissions insurance." Doesn’t sound very exciting, does it? Not exciting, that is, until you need it. Or, worse, until you need it only to find you don't have it.

If that happens to you or your company, you’ll probably experience more excitement than you can stand. Although this type of insurance has been around for several decades, many risk managers and independent contractors alike are still unsure of what errors and omissions insurance does (and does not) cover, or if it’s something their business needs.

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Good Business Practices To Avoid Advertising & Social Media Liability Issues

Dan Levenson — Wed, 24 Jun 2015 08:30:41 +0000

Regardless of your current social media status, there are major considerations that must be kept in mind. Here’s a close look at good business practices you can follow to help avoid advertising and social media liability issues.

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IT Insurance Costs

Dan Levenson — Thu, 22 Jul 2010 13:01:18 +0000

You may not know this, but a majority of our clients happen to be in the IT consulting industry. We are often asked what type of insurance a typical IT consulting company would need, so we came up with a fictional company, to show you the insurance that you would likely need and typical premiums […]

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