The trick is to move from survival mode to prosper mode. It is important to avoid any of the seven sinkholes which can cause a business to fail while charting this course. Patricia Schaefer lists these in her book, “The Seven Pitfalls of Business Failure and how to Avoid them,” as follows: 1. Start a […]
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Captive insurance companies were once only for multi-billion-dollar corporations. These days, the times have changed. As business owners’ risk management issues have become more complicated than ever, more mid-size businesses are opting for captive insurance. Find out if a captive company is right for your needs. Why use a captive insurance company?A captive insurance company […]
Bitcoin is a cryptocurrency that can be used, saved, invested or stolen. Although trading with Bitcoins was once considered risky, current trends show that they are a big hit in the binary options industry. This decentralized currency is not subject to regulation by any government or central authority. What is the price of Bitcoins? The supply-demand ratio […]
Equity Linked Saving Schemes are a great way to save tax. They offer a shorter lock-in period, a higher potential return and a lower cost than other products that can be used to save taxes. These equity mutual funds are great options for young professionals looking to save taxes. You must be looking for ways to […]
People continue to use the internet to do many of their daily tasks. Online banking is a huge trend. You can also buy airline tickets, check weather and news, and search for legal advice and medical advice. Where are you and your agency in relation to the shift as we enter the second decade of the 21st […]
Our company was approached by a potential client a few weeks ago to obtain Intellectual Property Insurance. Although he didn’t fully understand the coverage, he demanded that a policy be issued as soon as possible. There were some red flags raised by this. After further discussion, it became apparent that his software company was being […]
Geico was founded in 1936 during the Great Depression. It currently holds 13.78% of the private passenger car insurance market. Geico was founded by government employees and military personnel. Today, Geico serves customers from all walks of life. Geico is a specialist in auto, home, and business insurance. Safe Auto, a relatively young company, was founded in 1993 […]
Insurance is necessary to protect your business from financial losses, no matter how large or small, such as theft, litigation, natural disasters, and liability. Although business owners understand the importance of insurance today, many fail in their efforts to plan and insure their businesses. It is important for business owners to ensure that their company […]
Houses of Worship are united in their mission to support worshipers and help them with faith matters. Facilities can be closed suddenly due to unanticipated calamities, despite the importance of the institution. How can members of a church, mosque, or synagogue protect themselves against loss, other than prayer? Tailored insurance coverage is an absolute necessity. […]
Small businesses that are run from their home often overlook the need to have commercial insurance because of the low revenues they generate. Your profit is not always indicative of your risk exposure. It’s actually the small businesses that have the lowest revenues and the least resources to cover damages that can most benefit from […]