Business InsuranceWritten by Pank shru
The success and progress of a business, whether, it is a large scale business or small scale business or home based business is dependent on hard work. It doesn’t matter how good you are earning, one disaster like fire or theft can wipe out all your profits. It can even destroy your business. For saving your effort and money, which you have invested in your business, you need to protect it with appropriate insurance.There are a number of different types of business insurance, which you may or may not need for your company pr business. There can be different policies for different businesses. Insurance companies have coverage that can meet needs of any business owner. The most known type of business insurances are business property insurance, covering your company’s building, software, supplies, and other property in event of a disaster. However, there are many other types of insurance including employer's Insurance, public liability Insurance, lorry or van Insurance, office insurance, product Liability etc. For getting insurance coverage for your business, you will need to find responsible, trustworthy and reliable insurance agent or broker. Ask friends and acquaintances in same kind of business about agent they use. You should ask agent or company that provides your personal insurance for advice on kind of insurance you need for your business. Contact your business trade associations to see if they sponsor an insurance program for your business. Make sure insurance agent you pick has adequate knowledge about your business's insurance needs. Your agent can tell you what to do to reduce likelihood of theft, disasters, injuries to visitors, employees and workers, and other business-related losses. Before choosing an insurance broker or agent one should keep following things in mind: 1)Choose an agent with higher deductible
| | What Your Mama Never Told You About Business Credit Cards Written by Bidhi mathur
You may have watched your mama use a credit card many times at grocery store, at mall, or paying for gas at local convenient store. But, did she ever explain to you difference between a personal credit card and a business credit card or anything at all about a business credit card?To begin with, you can use your business credit for any business purchase that accepts credit cards just like a personal credit card. So, they are same in way that you can purchase items. But, a business credit card is issued based on company’s credit rating instead of your own personal credit rating. Business credit cards also have different spending controls such as restricting usage for different types of trade categories or even cash withdraws from an ATM machine. A business credit card also comes with management information and reporting services to help you run your business effectively and also know where money is being spent. Many business credit cards also have some other great features that personal credit cards holders do not get benefit of which includes insurance and discounts that are relevant to your business. There are also more benefits when using a business credit card that a personal credit card does not give to their bearers. They not only benefit company itself, but also card holder. These benefits include, a business credit card is safer to carry than cash, are cheaper than making bank transfers or sending checks, allows company to control spending of each cardholder, and can also consolidate payments. When you think of these benefits, you will realize that a business credit card can save your company money and give your employees that need money to function better in their roles as partners, sales persons or just spokes persons for your company.
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