Category: Commercial Insurance

Preparation is Key: How to Make Sure Your Office is Hurricane Ready

Whether your company's office resides in a hurricane evacuation zone or not, weather is unpredictable. Hurricane preparedness is essential to protect your employees, important documents, furniture, computers and other electronics, and building. A clear plan that outlines specific tasks for designated employees and department heads–plus training to ensure everyone knows who's in charge of what—can help your company stay level headed during a frightening time.... Read Article

Sharing a Business Space? Know the Risks

Sharing a business space reduces costs but there may be hidden financial risks. If you are planning to share a space with another professional or business, it’s important that you are protected by the right type of insurance. Your current policy may not adequately cover your business if you plan to, or are currently co-working with another professional in your industry or related enterprise.  Sharing... Read Article

How to Survive a Business Interruption

While all business owners want their enterprises to be both productive and profitable, you may not have considered the costs associated with a business interruption. Your business interruption coverage can be added to your property insurance and this form of insurance is critical in keeping your business fully protected. It is impossible to predict every eventuality, particularly the damage incurred when a heavy storm or other disaster... Read Article

Seven Steps to a Safer Workplace

Business owners are responsible for keeping the workplace safe and OSHA (Occupational Safety and Health Administration) compliant. But accidents still happen. When a worker, customer, or client is injured, it is not only upsetting but there are often long term consequences. All business owners can reduce risk and maintain a safer, healthier workplace by taking the following seven steps: Ongoing training. Every new employee must... Read Article

FIXING THE VALUE OF YOUR BUSINESS FOR ESTATE TAX PURPOSES

What Conditions Must Be Met to Fix the Value of Your Business for Estate Tax Purposes? If certain conditions are met, a binding buy-sell agreement may fix the value of a business interest for estate tax purposes. The purchase price, whether a fixed amount or one determined by a formula, can be accepted as the estate tax valuation if these conditions are met: The buy-sell... Read Article