Employer-providedlife insuranceis meant to compensate your survivors for your lost wages and income should you die. If you are single and not supporting anyone else, you may not require life insurance. If you have a family to support, you need to think about how much they would need to su...
Workers’ compensation insurance helps cover lost wages and medical expenses for your business if an employee gets injured or becomes sick. This insurance can include rehabilitation services and death benefits, too. Most states require any business with one or more employees to have workers’ comp ...
You'll generally need to provide the employee's name, address, social security number, date of hire, and your business information. Obtain workers’ compensation insurance While nobody wants to imagine their employees getting hurt on the job, accidents happen. That's why workers' compensation ins...
Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursement against losses from an insurance company. The companypools clients’ risksto make payments more affordable for the insured. Most people have some insurance: for their car, their h...
always have to track you down, that can make them feel stressed and anxious about your work. Instead of waiting for them to write to you about your projects, take the initiative to provide them with an update and let them know about any possible roadblocks to work being done by the due...
Apply for business insurance Organize your finances Brand your business Create a professional business website Market and promote your business Build a team 01. Brainstorm and refine your business idea You might already have a great business idea that you can’t wait to start, or maybe...
Can I Afford Long-Term Care Insurance? Assess the cost considerations of long-term care insurance for retirees and pre-retirees. Kate StalterDec. 20, 2024 12 Alternatives to Full-Time Retirement Ease into retirement at your own pace and in a way that aligns with your interests. ...
SARs don’t carry a voice in company affairs, but they do provide upside stake that is based on the appreciation of the company’s stock (based on an appraisal of the company’s value). Think of them as similar to equity options, with the same potential for financial gain, but with ...
If you plan to offer direct deposit, you will need your new employees to provide you with the name of their bank and an account number and a routing number. Or, they can supply a voided check. Medical insurance forms You may have the best intentions and truly care about your employees’...
A friend’s organization recently secured a contract to provide a COVID-19 response service. They had three days to implement a new business model involving thousands of employees. Three days! In crisis situations like this, what can you do with so little time to plan? How can you move fo...