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Small business insurance can help protect small-business owners against any potential claims against their company.On this page What is small business insurance? 10 types of small business insurance 6 best small business insurance providers How much does small business insurance cost? Do you need sma...
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If so, you’re legally required to provide certain benefits like: Health insurance Dental insurance Vision care Life insurance Paid time off (including vacation, sick leave, parental leave, and more) Retirement plans like a 401(k) or 403(b) The cost of benefits like health insurance and ...
1. Business insurance is a legal requirement The majority of states mandate small business insurance. However, you still have to consider it if yours doesn’t. Business insurance might safeguard you from financial loss. Without it, your company is in danger if:...
Workers’ compensation insurance:Required if you have employees. This insurance provides cash and/or medical care to workers who become injured or sick while on the job. Professional liability insurance:Protects you and your business if a client accuses you of malpractice. This one’s important for...
Explore See how flexible, powerful payroll services can jumpstart any business Documents required for payroll Before you begin processing payroll, you generally need to gather these documents, some of which may be required by government agencies: Form W-4, Employee’s Withholding Certificate On thei...
Account for employee benefits:If your company offers benefits like health insurance, retirement plans, or paid time off, make sure to factor in these costs into your cash flow projections. Investing in growth opportunities Strategically reinvesting working capital into new projects, equipment, or mark...
Cultivating business relationships with outside providers of expertise is crucial to the success of a small business. Good employee and customer relationships are of primary importance. Necessary professionals to call on include bankers, accountants, lawyers, insurance representatives, marketers, specific sk...
Business insurance Risk increases as your dropshipping business grows. Consider investing in business insurance to protect yourself. The future of dropshipping in 2025 and beyond The dropshipping industry continues to grow, and with so many entrepreneurs turning toward this business model, you’ll nee...