Saturday, 30 April 2022

Network, Learn, and Grow at Small Business Expo NYC

small-business-live-virtual-events-april-29-2022

As the biggest business networking and educational event for small business owners and entrepreneurs, SMALL BUSINESS EXPO – NEW YORK CITY will bring together industry experts and vendors. You will have the opportunity to learn the latest technologies, trends, systems, and processes to market your small business more effectively.

You will be able to shop for new products to grow your business and build new relationships with innovative vendors across a range of industries. This includes healthcare, finance, professional services, hospitality, social media marketing, web services, government, non-profit, and much more.

Click the red button and register to attend on June 24, 2022, from 10 AM-5:00 PM EST in New York City.

 

Register Now

Featured Events, Contests and Awards

Sales Acceleration SummitSales Acceleration Summit
May 12, 2022, Hollywood, FL

Learn Game-Changing Methods to Prospect, Pitch, & Close Like The Top 1% So You Can Create a High-Growth, High-Value Business Right Now. Join the Sales Acceleration Summit and unlock growth!

TECHSPO Atlanta 2022 Technology Expo (Internet ~ Mobile ~ AdTech ~ MarTech ~ SaaS)TECHSPO Atlanta 2022 Technology Expo (Internet ~ Mobile ~ AdTech ~ MarTech ~ SaaS)
June 30, 2022, Atlanta, GA

TECHSPO Atlanta is a two-day technology expo returning June 30th to July 1st, 2022 at the luxurious The Westin Peachtree Plaza Atlanta Hotel in Atlanta, Georgia. TECHSPO Atlanta brings together some of the best developers, brands, marketers, technology providers, designers, innovators and evangelists looking to set the pace in our advanced world of technology.

New York City Small Business Expo 2022New York City Small Business Expo 2022
June 24, 2022, New York, NY

Small Business Expo is America’s Largest Business to Business Trade Show, Conference, Educational & Networking Event for Small Business Owners, Entrepreneurs & Start-Ups. It is the most anticipated event of the year to take strategic action to immediately improve and grow your Small Business. If you are serious about starting or growing your business, Small Business Expo is a must-attend event for you. Register today, it’s FREE!

More Events

More Contests

This weekly listing of small business events, contests and awards is provided as a community service by Small Business Trends.

You can see a full list of events, contest and award listings or post your own events by visiting the Small Business Events Calendar.

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10 Tips for Creating Positive Workplace Culture – Even If You Work From Home

tips for creating positive workplace culture

Workplace culture has always played a major role in business ownership. However, the rise of remote work has changed how many entrepreneurs approach this issue. Whether you work in an office or from home, it’s important to tailor your workplace environment to your needs and those of your team. Here are tips from members of the online small business community.

Launch Your Remote Career with These Free Courses

The rise of remote work has brought about more opportunities for people to launch brand new businesses from home. But there may be a bit of a learning curve for those just starting out. Luckily, there are free courses that can help. This post by Holly Reisam Hanna of The Work at Home Woman features many options.

Decide If a Physical Office Makes Sense for Your Business

Some businesses can still benefit from working together in person. But others don’t need office space at all. In this Noobpreneur post, Neil Duncan goes over some determining factors to help you decide which route is right for your company. And BizSugar members shared their own thoughts here.

Keep Employee Retention High in the Era of Remote Work

Workplace culture is important whether you work in a physical office or not. There are several factors that play a role in retaining top talent. Raul Galera offers thoughts and tips in this post on the Time Doctor blog.

Carefully Set Up Your Startup Work Environment

Whether you plan to welcome employees into an office or work from home, it’s important to carefully consider your company culture. The influences outlined in this Startup Professionals Musings post by Marty Zwilling may help you create a successful environment for your team.

Improve Collaboration with Personal User Manuals

Every employee has different workplace preferences. So sharing these differences can help foster effective collaboration. Enter personal user manuals. Read about this concept and how to implement it in your workplace in this Process Street post by Jenna Bunnell.

Learn How Web 3.0 Can Impact Your Business

The internet has impacted basically every business across the world. And the technology continues to evolve. The latest iteration, known as Web 3.0, offers even more opportunities and benefits. Learn more in this Decipher Zone post by Mahipal Nehra. Then see what BizSugar members are saying in the community.

Organize a Successful Conference

In-person events are coming back, just like in-person workplaces. Whether you use a traditional or remote work model, there may be benefits to getting together in person at conferences. This Pixel Productions post by Martha Jameson examines how to plan these events.

Get Your EIN in Order

Managing a team is about more than just creating workplace culture. An EIN is important for completing paperwork and staying compliant when building a team. If you already have one, there are certain circumstances where you may need a new one. Nellie Akalp of CorpNet explains here.

Support Women in SEO

Women have often been underrepresented in SEO and other tech adjacent sectors. But supporting women can empower them and improve workplaces across the world. In this Bright Local post, Jenny Bernarde features several women in the industry and explores how to support them.

Stay the Course in Your Business

There are seemingly endless opportunities for businesses to grow and change. Some may even try new things like remote or hybrid work. But if you know what you’re good at, there are benefits to staying the course. Rachel Strella of Strella Social Media discusses it here. And the BizSugar community shared their own thoughts here.

If you’d like to suggest your favorite small business content to be considered for an upcoming community roundup, please send your news tips to: sbtips@gmail.com.

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State Farm Funding $2 Million in Small Business Grants

grant funded by state farm offers economic support for small businesses

Small businesses can use various types of support when getting started or dealing with challenges. This may include direct grant funding or economic support through the community. A new grant funded by State Farm offers economic support to several communities throughout the U.S.

Read about that program and more small business grants below.

State Farm LISC Grant Partnership

State Farm is distributing grant funding through its partnership with the Local Initiatives Support Corporation. The national nonprofit community development organization focuses on boosting economic opportunities in underserved communities. And State Farm is supporting that mission with a new $2 million grant. Some of the funding will go toward general community development initiatives. But others may support businesses in the communities LISC serves through programs like financial opportunity centers and commercial corridors. This latest round of funding will focus resources in 12 metropolitan areas, including Atlanta, the Bay Area, Central Illinois, Chicago, Houston, Indianapolis, Milwaukee, the Twin Cities, New York, Philadelphia, Phoenix, and Puget Sound.

Washington D.C. Medium Business Growth Fund

Washington D.C. recently launched its Medium Business Growth Fund to retain and expand business activity throughout the district. The program supports capital improvements, large equipment purchases, and tech enhancements. To qualify, businesses must have no more than 100 employees and generate less than $15 million in revenue annually. The fund focuses on businesses in four categories, including retail, local manufacturing, small business investment projects, and technology advancements. Both new and existing businesses can apply before the May 27 deadline.

Olean Marketing and Rent Grants

An Olean, New York grant program is supporting local small businesses with $100,000 in aid. Small businesses can apply for funds to cover various marketing costs like logo design, e-commerce, and advertising. The city is also offering an additional $100,000 grant program to help businesses with rent. Eligible companies can apply for grants that would cover up to 25 percent of their rent costs for up to two years. Businesses can apply for up to $5,000 under each program. There are multiple rounds to give businesses plenty of opportunities to apply. The first deadline is May 13, followed by additional rounds closing June 10, July 15 and August 12.

Landmarks Illinois Banterra Bank Preserve Southern Illinois Grant

Landmarks Illinois and Banterra Bank are partnering to create a new grant program in Southern Illinois. The Landmarks Illinois Banterra Bank Preserve Southern Illinois Grant will award grants to businesses that renovate or preserve historic buildings in the area. Individual grants may fall between $500 and $2500 and cover expenses over a two-year period. The first round is slated to launch this summer, and the deadline will be July 15.

Trinity County Small Business Grant Program

Trinity County, California is supporting small businesses affected by COVID-19 through a new grant program. Grants of up to $25,000 are available for businesses with between 6 and 20 employees. Businesses with between one and five employees can apply for up to $10,000. Additionally, businesses must be in operation since at least March 2020, have a physical location, and demonstrate financial loss due to COVID. The application is available online now.

PfCares Small Business Grant Program

Pflugerville, Texas is offering $920,000 in American Rescue Plan Act funds to support local small businesses. This is actually the second round of the PfCares Small Business Grant Program. But this time, there are less stringent eligibility requirements. For example, businesses without employees can apply, and more locations are eligible for funding. During the first round, 31 businesses received grants ranging from $20,000 to $75,000. This next round is expected to launch in May.

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In the News: Small Business Stabilization Grants of $10,000 Available Now

small-business-news-roundup-april-29-2022

Communities across the U.S. are providing small business stabilization grants to address the lingering problems of the pandemic along with other issues small business owners are facing. These grants are more accessible and they address issues that can be solved with small grants. For businesses that didn’t get a PPP loan or are in need of additional funds, these are the ideal grants to help entrepreneurs until the economy recovers. Take a look at these articles to find out what grants are available in your area.

Grants between $5,000 to $10,000 are available across the country. These grants look to help small business owners with pandemic-related losses addressing several industries including hotels and hospitality. Additionally, the grants also want to help with operational expenses, childcare programs, mental health support, and other recovery efforts. Find out where these grants are:

Beyond grants, the SBA is encouraging recipients of PPP loans to apply for forgiveness. There are still many small businesses that haven’t applied to have their loans forgiven. Not having to pay the loan back, is just like having extra income every month if you get approved. Whether it is partial or full forgiveness, the money you save will help your small business. If you got the loan, apply now.

Small Business News Roundup – April 29, 2022

The New Buy American Rule Could Benefit Small Businesses

Wouldn’t you love to land a government contract? You know, a nice order from the Federal General Services Administration or the Department of Defense? The Feds have changed a rule in the procurement process which could make that come true for small businesses. The New Buy American Rule from the Biden Administration The Buy American rule guideline has changed.

Just How Bad is the Labor Shortage for Small Business? New Study Sheds Light

60% of small businesses are facing difficulties in filling open vacancies, as the market challenges of the pandemic continue to bite.

Small Business Owners Say Inflation Keeps Getting Worse – Energy Prices Up, Too

Inflation is hurting small businesses’ ability to hire and retain workers. As such, businesses are forced to raise prices on consumers. Overall, inflationary pressures on businesses have worsened since January.

Amazon Web Services Launches $30 Million Accelerator for Underserved Business Owners

Amazon Web Services (AWS), an Amazon subsidiary that provides on-demand cloud computing platforms, has announced it is committing over $30m to startups of underserved business owners. The initiative is part of the AWS Impact Accelerator, which gives high-potential, pre-seed startups the knowledge and tools required to reach key milestones.

Pawn Shop Owner Settles PPP Loan Fraud Case

The owner of a pawn shop in New Jersey has settled allegations relating to the Paycheck Protection Program (PPP) loan.

These States Have the Most Trusted Businesses

A new study analyzing data from the Better Business Bureau (BBB) has revealed which US cities and states have the highest proportion of businesses that people trust. States With the Most Trusted Businesses The study was conducted by ZenBusiness and used data gathered by the BBB, which is a non-profit organization that aims to focus on advancing marketplace trust.

Elon Musk Buys Twitter – The Impact on Small Business

Elon Musk is buying Twitter, as he said he would. According to a FoxBusiness.com report, the Twitter board of directors agreed to Musk’s offer to take the company private for $44 billion. Stockholders in Twitter will get $54.20 for each share of the company they own at the time the deal is made official. Musk tweeted several times since news of the deal went public.

SBA Announces “Building a Better America Through Entrepreneurship” Bus Tour

The Small Business Administration (SBA) has announced a special bus tour dedicated to ‘Building a Better America Through Entrepreneurship’.

Sales of Businesses Near 2019 Levels But Inflation is a Concern

Business for sale transactions has shown steady growth in the first quarter of 2022 according to the latest BizBuySell Insight Report. Small business acquisitions rose to 24% over the previous year and just 3.7% shy of the first quarter of 2019, before COVID-19 shocked the market.

What You Need to Know About Bitcoin for Your Small Business

As a small business owner, I have been avoiding thinking about cryptocurrency and Bitcoin for many years. But on this week’s The Small Business Radio Show, we discuss what you need to know about Bitcoin for your small business, your customers, and vendors. Chris Brady is a New York Times best-selling author and speaker with a new book called “The Bitcoin Bride”.

Visa and Mastercard Urged to Not Increase Credit Card Swipe Fees on Small Business

The National Retail Federation has added its voice to those from both sides of Congress in urging Visa and Mastercard to cancel increases in credit card swipe fees.

10 Online Businesses for Sale in April

An established online business can show it has a proven business model that is generating revenue. The online businesses for sale this month have done that, with one of them established in 2001 and still going strong.

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Friday, 29 April 2022

How to Make Daily Operations Run Smoother as a Business Owner

There are many reasons why your business operations may not be running smoothly. These tips can help you improve some of them.

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Small Business Development Centers Could Get $40 Million Boost

house passes the sbdc improvement act of 2022

If the Senate approves the Small Business Development Centers Improvement Act of 2022 (HR6445), the program will be recharged with an increase of $40 million annually.

HR 6445 would reauthorize the 2019 SBDC Act (HR 4406) which would end in 2023. If approved by the Senate, HR 6445 would run through 2025.

HR 6445 – Houses Bill Boosts SBDC Funding by $40 Million

SBDCs are run by the Small Business Administration, in partnership with state and local governments and the private sector. Currently there are 900 of them nationwide.

Small business owners can use the expertise by people at SBDCs to get help developing business plans, securing financing, learning about ecommerce, marketing and planning growth.

The influx of additional monies would strengthen the existing network and allow for establishment of new SBDCs.

How does that help small business owners? The SBDC Improvement Act of 2022 has some interesting tweaks:

Fees from Private Partnerships or Co-sponsors

An SBDC which has a private partnership or co-sponsorship can collect fees related to the operation of such private partnerships or co-sponsorships. In other words, a small business which establishes such an agreement with the SBDC can collect fees for their work.

Matching Funds

Many grants require the applicant to provide matching funds. Typically, the matching funds are due when the federal money is received. That language is changed in HR 6445 to read “not due when federal funds are received but necessary for final reconciliation.” In other words, you wouldn’t have to match the funds up front, but would be required to do so to finalize the grant.

Data Collection Activities to be Reported

The SBA is to establish a Data Collection Working Group. Any recommendations are to be reported back to the Committee on Small Business and Entrepreneurship.

Marketing Allowed

The SBDC may use up to 10% of its monies to do marketing to reach individuals and small business concerns.

Related Legislation, Women’s Business Center HR 6441, Passes House

The House also passed HR 6441. Women’s Business Center HR 6441 would authorize $31.5 million each year (2022-2025) to be received into the WBC program.

Sharice Davids, D-Kansas, sponsored both measures and serves as chairperson for both.

“Small businesses in every shape and form continue to feel the devastating effects of strong economic headwinds, from the highest inflation rate in 40 years to supply chain issues, to labor shortages that have left the nation with 10.9 million open jobs; small businesses are facing severe economic conditions,” Davids said, in her introductory remarks to the House’s Committee on Small Business and Entrepreneurship, as the committee prepared to work on the bill. “When small business owners are able to plan with certainty and make calculated risks, our nation moves forward.”

Both pieces of legislation were passed in the House on April 26. For a bill to become law, it must be passed in the Senate and signed by the President.

HR 6441 Women’s Business Center is given a 20% chance to pass in the Senate.

HR 6445 SBDC Improvement Act of 2022 is given a 22% chance to pass in the Senate.

Why do both measures appear unlikely to pass? There are several bills currently in circulation regarding the SBDC and the WBC Acts. Although each bill is given a low chance of passing, the Senate may work to combine the related proposed legislation into one measure.

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This article, "Small Business Development Centers Could Get $40 Million Boost" was first published on Small Business Trends



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May is the Perfect Time to Develop Your Business Idea and Launch a Startup

the perfect ttime to launch a startup

The first week of May is National Small Business Week, where we celebrate entrepreneurs and recognize all the hard work it takes to start a business.

Many people across the U.S. have a business idea or entrepreneurial aspirations – but not everyone takes action. For some, this inaction is simply due to not knowing the essential steps involved in starting a business. Though every startup process looks a bit different, this post provides a basic guide.

How to Start a Business: Step by Step Guide

Once you’ve decided to start a business, it’s time to get organized. Launching usually doesn’t happen overnight; you have to think of everything from legal paperwork to marketing. So it helps to break these tasks into manageable to-do list items. This checklist provides a great starting point for those just getting up and running.

A 30 Point Checklist for Your Startup

Most businesses require some level of investment from the founding team. However, it’s not always possible to dedicate tons of resources to your startup. Luckily, there are options for starting a business without any financial commitment, from sticking with your day job to seeking investors. Here are some tips for getting started without your own funding.

Checklist: How to Start a Business with No Money

Whether you plan to seek funding, bootstrap, or start without any major resources, it’s important to understand what your business idea may cost. Each company has different needs for things like location, inventory, and licensing. So this startup calculator may help you dive into your own financial reality before getting started.

Startup Calculator

Getting your finances in order is just one part of running a new business. Your company idea is perhaps the most important factor that contributes to your potential success. Here’s a full guide to developing your idea and making sure it’s ready for launch.

Develop an Idea

If you have a startup, getting featured on Small Business Trends may help you reach more potential clients or build your industry expertise. We’re looking for new businesses with unique ideas to feature this month – reach out here for consideration.

Additionally, we’re always looking to feature businesses that serve startups and small businesses. If you have something unique to offer our small business community, contact our editorial team to share your story.

We also offer advertising opportunities for those looking to reach startup entrepreneurs and small business owners. Read more about media and sponsorship opportunities with our small business readership.

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New Hampshire Restaurants Will Pay $890K in Wage Theft Case

two new hampshire restaurants will pay $890K in wage theft case

Two restaurants in Hampshire are having to pay $890,196 – $445,085 in back wages to 63 employees to resolve several violations of the Fair Labor Standards Act (FLSA). The restaurants must also pay an equal amount in liquidated damages.

New Hampshire Restaurants Will Pay $890K in Wage Theft Case

The agreement was made following a US Department of Labor investigation and litigation. The investigation carried out by the Wage and Hour Division found that La Carreta in Derry and La Carreta in Londonderry, both operating under La Carreta Mexican Restaurant, violated the FLSA’s requirements for minimum wage, overtime, and recordkeeping.

The story highlights how important it is that small businesses adhere to the Fair Labor Standards Act and pay all employees correctly and fairly. Violating the law set by the Department of Labor, can not only lead to hefty fines, but also significant damage in reputation. The case confirms how imperative it is that small business owners understand the FLSA’s requirements.

Value of Knowing and Understanding FLSA Requirements

Wage and Hour Division District Director Steven McKinney in Manchester, New Hampshire, commented on the case and the importance of paying workers fairly:

“Paying restaurant workers straight-time for their overtime hours and requiring servers to work for tips only with no cash wages is quite simply wage theft.

“While we often find such violations in the restaurant industry, these violations can easily be prevented if employers know and understand the Fair Labor Standards Act’s requirements. We encourage them to reach out to us with questions they may have about their responsibilities under the law.”

Summary of Violations

The Wage and Hour Division found the restaurants had paid four of their workers tips only, resulting in the violation of minimum wage requirements. The businesses paid no overtime to the employees who received exclusively tips. They were also found to violate overtime rules, by paying straight-time wages to employees for hours worked over 40 in a week. The restaurants had also failed to maintain accurate time record for certain employees.

As well as making the back wages payment and liquidated damages, the order restrains the employers from engaging in future violations of the FLSA’s wage, recordkeeping and antiretaliation requirements.

The businesses must also cooperate with any US Department of Labor investigation under the FLSA. Such cooperation will include giving investigators access to all required record and providing honest responses, information and documents.

In response to the case, Maia Fisher, Regional Solicitor of Labor in Boston, said they encourage employers on how the department will litigate aggressively to recover wages. Fisher continues that they hope employees will feel confident about bringing wage theft complaints to the department.

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No Cutting In Line and No Do-Overs, Either (CARTOON)

no takebacks business contract

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What Is IKEA’s TaskRabbit – Is It Worth It?

IKEA has announced a plan to expand its TaskRabbit integration nationally. Customers may hire a tasker on TaskRabbit to assemble their Ikea furnishings.

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4 Things You Should Consider When Buying a Case Sealer

. Adding a case sealer to your packing line could relieve stress from the shoulders of a human employee who you’ll now be able to direct towards more important tasks.

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Thursday, 28 April 2022

What is Business Personal Property Insurance?

what is business personal property insurance

This type of insurance covers inventory that’s rented and things you own to generate business income. Think movable items like fixtures, equipment, furniture, and office supplies.

Get coverage for an accidental coffee spill on a computer, and/ or damage from a burst pipe or fire.

This is important coverage for your business property.

What is Property Insurance for a Business?

Business personal property (BPP) is defined as inventory you can move that your business owns. A business owner policy (BOP) is umbrella coverage that includes insurance for your property. These generally cover the structures and permanent fixtures.

BPP insurance covers all the other stuff. What would move if you picked the building up and shook it. These items are also called tangible personal property. When you start investigating, you’ll see there are different types of business insurance.

Why You Should Have Business Personal Property Coverage (BPP)

Small business owners can use this kind of insurance coverage. Check out these business insurance benefits.

Here are five other reasons why these BPP policies help. Remember, little or no coverage leaves you open to lawsuits.

  • They Protect Your Inventory – The financial losses from things like sprinkler leakage or fire damage are covered.
  • They Cover The Furniture – Meeting room tables, furnishings and other moveable property important to your business can be replaced. Even if you move to a different location. Get policies that include important inventory items like scissors and electronics.
  • Equipment and Machinery Are Included – Don’t let equipment breakdowns cost your business time and money. Especially when water damage is the culprit.
  • Some Improvements Too – Made improvements to a leased space as a tenant? A BPP policy covers repairing or replacing property when there’s been vandalism or an explosion.
  • These Coverages Protect Upgrades – Have you done permanent renovations to a business? Like built-in cabinets and/or custom lighting? A BPP cover policy will look after the replacement cost.

What is Covered by Business Personal Property Insurance?

BPP insurance will cover everything from labor and materials to services. Below is a list of five items any insurance company should include.

Office Supplies

Business personal property insurance covers some of the things you might not expect. Like pens, staplers and even calculators. The little items small business owners might not think of after a fire. BPP coverage looks after the things on your desk.

Heavy Equipment

Policies include big items small business relies on too like forklifts and excavators. This insurance protects a construction business from financial loss.

Computers

Insure brick and mortar and protect eCommerce SMBs with BPP insurance. A good insurance carrier covers desktops, laptops, smartphones and tablets.

Furnishings

A business personal property policy even covers the curtains, blinds, and rugs. Are you still wondering how much a business really needs and for what? Keep reading.

Leased Personal Property

Personal property insurance BPP covers equipment like the leased personal property you’re contracted to insure. This is different from a homeowners policy.

What is Not Covered by Business Property Insurance?

Likewise, some things are not covered by these insurance products. Keep the following list in mind for business purposes.

This insurance doesn’t include:

  • General Liability Insurance – There’s usually no general liability coverage for basic risks. Like property damage on something that doesn’t belong to you.
  • Commercial Auto Insurance – Collisions, towing, rental reimbursement and the like. A business personal property policy won’t have any of this.
  • Workers Compensation Insurance – Got employees? This is a requirement in most states. It covers items like work-related injuries and medical bills. And you won’t get it with business personal property insurance.

Remember, a standard homeowners policy won’t do if you work from home. Especially if you want to bring on new employees.

How Much is Business Personal Property Insurance Coverage?

Wondering how much small business insurance costs? These coverages vary and the cost depends on the services you pick and the size of your company.

It breaks down like this.

  • Know what the business property is worth.
  • Location and age as well as replacement versus actual cash value matter for the business personal property insurance costs.

The median for commercial property insurance, which is part of a BPP business owner’s policy, is $63 monthly. Most small businesses pay between $400and $800 annually.

How to Choose the Right Property Insurance for Your Business

Getting the right business owner’s policy is about shopping with the right insurance company. Business personal property policies need a little extra finesse. Get good personal property insurance coverage with the following.

Here are five tips to get the right business property insurance from the right provider.

  1. Understand the Different Types. Any insurance company offers different policies. If you’re in business the chances are you won’t need homeowners insurance. But getting personal property coverage for equipment is important.
  2. Understand The Specific Risks. Each business is unique. A commercial insurance policy should cover you for natural disasters if you’re in a flood zone. Don’t forget aspects like spoilage coverage.
  3. Put Good Policies Ahead of Cost. Personal property insurance cost shouldn’t be the deciding factor. Picking cheap policies to save on premiums can cost in the long run.
  4. Understand What Affects Your Rates. Make sure you know what will affect your quote. Your experience and claims history can change the numbers on a commercial property quote.
  5. Consider The Deductibles. The business premises can affect what an insurance provider offers. Higher deductibles on things like lost income mean lower premiums. But you’ll need to pay those when you file a claim.

How to Get Get Property Insurance for Your Small Business

Maybe you’re a home-based business, or an eCommerce and/or brick-and-mortar shop.

Follow these steps to get a business personal property policy from a credible insurance company.

Look at The Company History/ Reputation

Looking for a casualty insurance company? Start by looking at their experience. Casualty insurance and insurance for your property are often bundled.

Look At Customer Service

Offering business interruption insurance is important. But so is 24/7 customer service. That should include online claim reporting and bill payments.

The best small business insurance companies will also suggest you overestimate the coverage. That’s not necessarily a sales pitch. A lawsuit can really damage your small business.

Here’s a final tip. Look for extra expense coverage. You can be receiving compensation while your business is repaired or relocated. Now you’ve got what you need to look for business personal property insurance.

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