Kapasu Insurance Services Inc. Blog
One of the most prevalent problems faced by business owners is employee theft. According to the FBI, employee theft is a growing crime in the United States. They said that it deprives business owners of at least 7% of their estimated margins. The problem is dreadful for businesses because of the opportunity costs and losses it incurs.
Now, employee theft affects not just the earnings of a business. It also impacts the firms' culture and reputation. So here is a guide to reduce the risk of employee theft in your business:
Commercial insurance branches out to which industry your business is in. Often called business insurance, this single policy insurance can have something in common. It is known to have an easy claiming and renewal process. It only has one policy and renewal date to remember.
Read on to know more about commercial insurance and its coverages.
It is crucial to cut off every expense that you can make for a commercial business. Cutting back to lessen expenses and maximize profit leads to the growth of the business over time and more quickly. Overspending is an issue, but so is spending a certain amount that you can maximize. Check out these five ways to save money for your commercial business:
The location for your new business might be the difference between your failure and your success. The decision of choosing your site is so crucial that extensive research needs to be done. Neglecting this aspect of your business will prove to be dangerous to your growth and success.
The process of choosing the best location for your business involves a lot of aspects. To adequately address these aspects, you must first assess the company you’re planning to build. Different business types have varying demands for their location.
To help you through this, here are some factors to consider when choosing the perfect business location.
While everyone’s struggling with the coronavirus pandemic, some have managed to make the most out of these trying times to scam people. Their targets: unsuspecting business owners and people who are unaware of their tactics. Here are ways to protect your business against pandemic scams.
One of the most thriving businesses during the coronavirus pandemic is the cleaning and sanitizing industry. Clients and companies will hire you to clean, sanitize and deodorize homes, offices, and other indoor spaces. Getting your business insured and bonded can limit your risks plus, it will help you improve your business in the long run.
Commercial insurance protects your business, its staff, and its leadership from accidental losses. When you checked for protection, you might have come across reports about commercial insurance and business insurance. It was the same thing! Your business and its staff are protected both by commercial and business insurance.
A broad range of insurance policies are available to business owners. Insurance safeguards the business against a variety of threats that can arise during regular operations. Choosing the right policy can be difficult, and here are some tips on how to choose.
It is crucial that you get the correct business protection regardless of the state your business is in. There might be some legally necessary business inclusions, such as workers' comp. In case you're considering how to get protection for your business, read on further.
Many people who lost their jobs due to the government-imposed lockdown measures shifted into freelancing. A survey conducted last year revealed that 12% of the American workforce turned to freelance due to COVID-19.
The demand for freelancers will inevitably increase in the future since nearly half of hiring managers are more likely to tap their services in the future. Freelancing is a type of business, and similar to any other company, freelancers are vulnerable to risks associated with running their business.
Hence, freelancers like you need to protect yourself and your business. You can do that by getting business insurance for your freelancing business. Business insurance comes in many options that can provide financial protection to your business. Here are three types of business insurance that can benefit any freelancer: