Managing Risk Related Articles

What to Do If Your Small Business Gets Sued and How to Reduce the Threat

Felicia Sullivan

As a small business owner, you're likely more concerned with cash flow, sales, and managing employees than getting sued. However, the reality is that small business owners will face the threat of a lawsuit at least once over the life of... Continue

6 Steps to Run Your Small Business Like a Big Business

Allie Johnson

One reason some small businesses fail is that new entrepreneurs can get so excited about the creative side of the enterprise that they neglect some of the basics of setting up and running a business. If you started your small business... Continue

How to Shelter Your Small Business From Wind Damage

Allie Johnson

Wind damage can deal a severe blow to a small business, but you can protect yours by bracing for windy weather and taking steps to help avoid a major loss. Damaging winds, which weather experts call "straight-line winds" to distinguish... Continue

6 Startup Expenses New Entrepreneurs Can’t Afford to Miss

Sarita Harbour

Thinking of starting up a new business? Great! In your excitement to launch and market your product, hire staff, secure financing, and set up your website or shop, it's easy to miss or misjudge a few important startup costs. Yet... Continue

Protecting Your Business With Surety and Fidelity Bonds

Sarita Harbour

When it comes to securing your business and its activities, one important issue to include — as you consider your business insurance needs — is that of "bonding." Though you may associate the word "bond" with investments (or even... Continue

4 Major Risks Your Small Business Faces in Winter

Allie Johnson

Cold, ice, and snow can pose big risks to small businesses. It's smart to prepare ahead of time to keep your small business out of the cold. One way in which cold weather can hurt your business is by causing serious property damage. In... Continue

Starting a Business? Here’s When to Get Business Insurance

Allie Johnson

If you're starting a small business, you're likely frazzled from working long hours bringing your idea into the world. But don't let your full workload delay you in protecting your fledgling enterprise. Getting business insurance is... Continue

The Many Dangers of Fire That Small Businesses Can Face

Alexander Huls

Few things can decimate a small business like a fire, and it's not an uncommon disaster. In 2014, an average of 12.3 non-residential fires happened every hour. The impact of out-of-control flames can be extremely expensive. Even if... Continue

How to Soften the Risk of Your Home Based Business Being Robbed

Alexander Huls

Home robberies can be devastating, even more so for people who run a home-based business. While the average loss during a burglary is over $2,000 dollars, that number can rise if you have a home business. This is due to operation... Continue