The average claim for a customer injury or property damage is about $30,000. If a claim leads to a lawsuit, then it can cost upwards of $75,000 to defend and settle. With that information, most small business owners would agree that small... Continue
Every business owner needs to establish a direction for their company. Luckily, you can do just that by creating a business plan. It serves as a roadmap for how to structure, run and grow your operation. It helps... Continue
For businesses built around driving, COVID-19 poses a lot of risks. According to the Centers for Disease Control and Prevention (CDC), the virus spreads between people who are in close contact (within 6 ft) and through respiratory droplets... Continue
A new coronavirus relief bill was passed by Congress and has been signed into law. If you run a small business, here are 15 things you need to know about... Continue
The amount of time, effort and money it takes to start a business can be overwhelming. That's why many budding entrepreneurs consider opening a franchise instead of creating a company from scratch.
Small business owners with a franchise... Continue
One key decision you need to make as a business owner is figuring out which business structure will best serve you and your company. The majority of U.S. businesses—about three-quarters of them—choose to be sole... Continue
Following several high-profile entrepreneurs' suicides within the last decade, discussing the mental health of business owners has only recently lost its taboo status. In fact, a 2014 Inc. article, “The Psychological Price of... Continue
While life as a small business owner has its perks, it also has its challenges. It can be hectic and even overwhelming, especially in light of the current events. Likely, the massive racial injustices and COVID-19 pandemic are wreaking... Continue
Gene Marks is an author, columnist, keynote speaker and owner of the Marks Group. Through his writing and collaboration with The Hartford's Small Biz Ahead blog and podcast, Gene gives advice and resources to help business owners,... Continue
