4.What type of business insurance do I need?
Whether we are talking about the plumbers, electricians, auto mechanics, landscapers, painters, this lesson covers all facets of business.
The main reason you want insurance is to protect yourself, and the definition of insurance in a simple term, it's really nothing but “the transfer of liability.”
What does transfer of liability really mean?
That means, if my employees get into an accident, If my building burns down, if I hurt myself,
something happens, an auto accident, my insurance will take care of it.
Business Insurance:
How much do I need? And what kind do I need?
1. Workers compensation.
I recommend that you get workers comp the minute you hir...