Sherzer Insurance Blog
Business owners now living in an exciting time brought by the once-in-a-century pandemic. Consequently, many entrepreneurs are facing so many challenges to make their businesses suit the new normal. However, this crisis also offers business owners the opportunity to redesign their business models.
As a business owner, you should also ponder protecting your business from the risks associated with your everyday operations. All companies, regardless of size, are vulnerable to a variety of threats. Some of which has the potential to put you out of business. And the best protection that you could get for your business is commercial business insurance.
Here are three types of commercial business insurance which are essential for small businesses:
Starting a company from home has many advantages. Doing business at home cuts overhead costs dramatically. It's also easy because you work from your home's comfort, and you won't have to waste money or waste time traveling to your workplace. However, there are risks involved that you should know before starting your business.
The protection business reacted to the COVID-19 pandemic crisis with preemptive press proclamations that property protection arrangements would give no inclusion—even before policyholders presented any cases. Given this automatic starter response, it is evident that the principal claims are being denied rapidly, and without even a misrepresentation of an examination.
Insurance companies knew that the coronavirus could cause severe damage to business establishments, and that is the reason why they did not include its coverage. Industries bellow on whether insurance coverage should pay for financial losses due to the viral pandemic business lockdowns.
As a fresh graduate, you are probably afraid to start your own business, especially that you are just beginning to know the industry. Not to mention the required capital, you might think you don't have the experience to back up your business idea. And, it might be enough reason to give up and just look for another job instead.
However, in today's time of online technology, many opportunities can be used as leverages by fresh graduates. It is especially true since new graduates are young and full of passion. If you're not yet ready to give up on your dream, here are a few tips to help you in your new endeavor:
With almost everyone in the world connected through the internet, it is easy to be seen and reach out. Social media helps you to communicate with your customers and let them know what you are up to, anytime, anywhere. Follow these steps to help you increase your online presence.
Commercial insurance is coverage that businesses can pay to protect their employees, company, and property. If people don't buy commercial insurance for their business, they may have difficult times when it comes to dealing with the needs of the company and employees. Retailers are smaller businesses, but they should know the significance of commercial insurance to their business. Here are some things that retailers need to know about commercial insurance.
Business challenges are everywhere, especially during these times of change and uncertainty. Globalization, as well as digital transformation, presents many different types of challenges for businesses. The factors that bring this include changing markets all over the world. Thus, one needs to learn how to face the complexity of the business world. This is in order to attain excellence. Here are some ways to approach complexity and overcome obstacles in the modern world of business.
Your business or company may be running smoothly, but you know that there's still room for improvement. Sometimes, you notice that projects are taking too long to finish. It feels like wheels spinning fast but getting deeper into the mud. You can fix all these issues if you focus on improving the efficiency of your business. Here are a few tips for doing that.
Sometimes, a business does not open again for a long time after a calamity such as a hurricane, tornado, or fire. The main reason is a lack of or improper planning for strategic disaster recovery.
You must protect your business from a disastrous event that can affect your finances and how you run your business. Aside from creating the right planning, another way to protect your business is to invest in business interruption insurance.