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Category: Business Insurance

10 Tips & Tools to Help Your Veteran-Owned Business Succeed

10 Tips & Tools to Help Your Veteran-Owned Business Succeed

As we approach Veterans Day, we want to take a moment to express our deepest gratitude to all veterans for their unwavering dedication and service to our nation. In honor of your sacrifices and commitment, here are ten ways to ensure your business’s success and safeguard your hard-earned progress. 1. Get Support Through the Office of Veterans Business Development (OVBD). Start by tapping into the...

9 Habits of a Strong Female Leader

9 Habits of a Strong Female Leader

National Business Women’s Week is celebrated during the third week in October every year. This gives us an opportunity to recognize and honor working women. For nearly a century, this celebration has helped promote leadership roles for women. Trading old habits for better ones can help women become more effective leaders in their organizations. Here are nine habits of strong female leaders. Step Out of...

Employee or Independent Contractor

Employee or Independent Contractor

Worker's Compensation, if you have employees you have to have it, end of story! Every week I look through the Rochester Business Journal and under the judgements section, I can always count on there being 8-10 judgements in favor of the New York State Workers Compensation Board against employers that failed to obtain or maintain Workers Compensation Insurance. The average judgement I see is $21,000....

Is My Small Business Vulnerable to Cyber Attacks?

Is My Small Business Vulnerable to Cyber Attacks?

October is National Cyber Security Awareness Month. With the increasing prevalence of cybercrime in small businesses, it is crucial to be aware of the risks and take the necessary actions. The following statistics were reported by Small Biz Trends: Nearly 43% of cyber attacks target small and medium-sized businesses. Only 14% of targeted small businesses are prepared to handle cyber attacks. Costs of cybercrime are...

You Think You're Covered But You're Really Not

You Think You're Covered But You're Really Not

This is one of the most common mistakes I see when people insure their business contents/tools & equipment. Most business owners will review their Business Owners Insurance Policy (BOP) and see $50,000 of business contents coverage and assume that they are fully covered. And you may be, if your business property (think inventory, furniture, tools & equipment), never leave your premises. BUT, if you are...