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Category: Tips For Business Owners

When to Consider Buy/Sell Protection

When to Consider Buy/Sell Protection

Original post March 28, 2024 insuranceneighbor.com Business partnerships are often built on trust and shared goals, but unforeseen events can disrupt the harmony. A buy/sell agreement is a strategic tool designed to address these uncertainties, providing a roadmap for buying or selling a business interest under specified circumstances. In this guide, we’ll define the concept and identify key triggers that activate buy/sell agreements. Understanding Buy/Sell...

Your 3-Step Plan for Improving Employee Retention

Your 3-Step Plan for Improving Employee Retention

Original post October 13, 2023 insuranceneighbor.com An attractive benefits package can help attract top talent to your company. It can also help you retain the most valuable asset your business has – your staff. Employees who are well compensated for their work through pay, benefits, and perks are more motivated to do their work well and stay with the organization for years to come. While...

What Type of Insurance Do You Need to Run a Business?

What Type of Insurance Do You Need to Run a Business?

Original post February 19, 2024 insuranceneighbor.com Running a business comes with its own set of risks, and having the right insurance coverage is crucial to protect your venture. One comprehensive solution for business owners is a Business Owners Policy (BOP). Let’s explore the types of insurance necessary for running a business and how a BOP can bundle essential coverage. Understanding the Essentials: Types of Business...

How Promoting Workplace Safety can Save You Money

How Promoting Workplace Safety can Save You Money

Original post March 4, 2023 insuranceneighbor.com No business owner wants to have an injured employee. Reducing the risk of accidents and injuries is a critical aspect of good management, in every industry. Employees who have been trained with customized worker safety programs are far less likely to be injured when performing the duties of employment – and file a claim with your workers’ compensation insurance...

9 Habits of a Strong Female Leader

9 Habits of a Strong Female Leader

Original post October 19, 2023 insuranceneighbor.com 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...