Starting a small business can be very professionally and personally rewarding. However, operating a company of any size involves risk. Natural disasters, accidents, professional errors, and employee injuries are just some of the events that can occur at any time and threaten your livelihood and that of your employees. Small business insurance helps protect your company from financial loss when problems arise.
Have you heard of employer’s liability and workers' compensation coverage? Both relate to workplace injuries, health issues, or fatalities, but they serve different purposes and protect different parties. If you’re a business owner, it’s important to understand the protection provided by employer’s liability insurance vs. workers’ compensation insurance.
You’ve started your small business, and revenue is coming in. That’s great news! Nothing feels better than seeing your dream become reality. But you probably want your business to do more than just survive—you want it to thrive. So, now that you’ve established your brand, it’s time to use some proven business growth strategies to kick things into overdrive!
Dictionary.com defines ethical as “being in accordance with the rules or standards for right conduct or practice, especially the standards of a profession.” At biBerk, being ethical in our interactions with customers and business partners is a top priority. So, we’re thrilled to say that we’ve earned a Torch Award for Ethics from the Better Business Bureau of the Midwest Plains!
If you own or operate a business, you want your days to go as smoothly and predictably as possible. Unfortunately, the weather doesn’t always cooperate. That’s why insurance for storm damage is essential. It can help you get past severe weather events with minimal expenses and business disruption.
Every business—large or small—faces risks. From lawsuits to employee injuries to property damage, the threat of an unexpected expense is always out there. Fortunately, commercial insurance can protect your company. What is commercial insurance? What does it cover? Where and how do you get it? This guide answers these and other crucial questions business owners ask.
Are you familiar with business insurance exclusions? If you’re a business owner, it’s essential to know what they are since they affect whether an incident is covered by an insurance policy.
As someone in this industry, you know there are significant health and safety risks in manufacturing environments. Even if your company does a great job of promoting safe work practices, accidents can and will happen. That’s why you need manufacturer’s insurance — in particular, workers’ compensation coverage. Insurers offer other policies, too, but workers’ compensation is vital coverage.
If you’re a business owner or decision-maker, you know that your company will face challenges from time to time. One of the most common causes is the economy. When it’s stagnant or trending downward, it can take your results with it.
Some business owners enjoy connecting with people in their industry. Others would rather focus on operations. But the fact remains: Networking is essential for businesses, especially small businesses.
We want you to make well-informed decisions about your insurance needs. Learn from answers to the questions most frequently asked by business owners.
