Coverage for Your Trucking Business

When you work in transportation, the business model is totally unique. Not only are you providing a service, but often your day to day relationships are with other transportation and logistics companies serving your client, not the client’s representatives themselves. You also take on unique risks when you move other people’s property from place to…

3 Ways Restaurants Protect Cars During Valet Parking

As a restauranteur, you know that the dining experience is about more than just great food. The right atmosphere and top-notch amenities are what set you apart from your competitors. You may choose to offer valet parking to your discerning customers, but those same car-pampering patrons sometimes worry about what happens if a valet crashes…

What Is Force Placed Insurance Coverage For?

Force placed insurance coverage is a policy type that covers lender risks when a borrower does not have a current plan. This insurance protects the bank’s financial interest in your property or vehicle. How Does Lender Placed Insurance Work? If you do not have sufficient protection for your house or car, your lending institution can…

Two Types of Electrical Contractor Liability Insurance You Need

No matter how skilled the electrical contractor, designing and installing electrical systems is a profession with considerable safety and litigation risks. Not only can clients be unhappy with the work you do, but they could become injured if you make a mistake. Here are two types of electrical contractor liability insurance to protect you financially…

Managing Insurance Costs by Managing Risk

Rising healthcare costs affect both small and large businesses. As businesses navigate the COVID-19 pandemic and try to trim expenses after the economic shutdown, benefits professionals may consider reevaluating whether to offer a full funded vs. self-funded employee benefits plan. Fully-Funded A fully-funded health insurance plan provides a company with level premiums by basing coverage…

3 Tips on How To Successfully Start a Nightclub

Few jobs can be more entertaining than managing a nightclub. You get to build unique social experiences and meet some of the most interesting people in the area. However, there are plenty of ingredients needed to run a successful place, especially if you are starting out. 1. Keep It Exclusive Most business owners are familiar…

Using the Forced Downtime From COVID-19 To Improve Your Restaurant

In the United States and, indeed, around the world, the COVID-19 pandemic is forcing society to take a break from normal operations. Restaurants are one of the many businesses required to adapt to new operational procedures. With a majority of states under stay-at-home orders, dining out is no longer an option. Even with curbside, carryout…

Funding Your Nonprofit Organization’s Reserves

Mission-driven nonprofits usually tend to operate with limited resources and uncertain futures. Financing may be dependent on public funding or grant sources. When those resources suddenly become unavailable, it’s important to have a healthy balance of reserve funds to keep your organization afloat. Save Continually Although it can be difficult to save when you’re working…

Understanding the Distinct Status of Consultants

The modern business landscape is very different than it was a few years ago. Now, it is more common for companies of all sizes to work with contractors, temp employees, and consultants on a regular basis. While this can be helpful for improving efficiency, it opens up a number of questions in regard to which…

Risks Associated with the Media

Impressive advancements have been made in the world of media over the past decade. People can now get news instantaneously and communicate with any part of the world in seconds – despite time and language barriers. These benefits have been invaluable to society. However, there are also increased risks and liabilities associated with these developments….