business interruption

For small business owners, hiring and managing employees can be a rewarding but stressful part of the job. During uncertain times, maybe you need extra help but are thinking twice about committing to an official employee. So when should you hire, and when might an independent contractor or outsourcing company be a better fit? Here are some tips to guide that decision.
Continue Reading...

Business Interruption Insurance (BII) is an often overlooked insurance coverage that protects against exposures to loss every bit is vital as fire or litigation.If your business is forced to close your risk is not limited to temporary loss of income, which can be devastating in and of itself.You also run the risk of losing customers who turn elsewhere for their product or service needs.You may have difficulty paying key suppliers during an income interruption causing further long term loss as those suppliers sever their business relationship with your company.
Continue Reading...

Twenty five percent of the businesses forced to close due to a disaster or emergency never reopen. Smaller businesses are especially vulnerable because they do not typically have the resources to cover continuing expenses if income is interrupted. A business can greatly reduce the chances of a disaster becoming a death sentence for you business by planning ahead. Here's what you need to have in place.
Continue Reading...