In order to ensure that your company’s physical assets are protected, your small business insurance must address property coverage. Although business property insurance isn’t a mandated requirement for owning a business, it’s still a smart idea to limit your vulnerability by purchasing a policy which addresses this need. It’s not uncommon for a good insurance policy to mean the difference between the life of a business or its untimely demise.
Different Coverage Levels
Go back a few years and you find a world that was skeptical and dismissive of the idea of relaxation as a form of treatment. The way the argument would go is if all you needed as a treatment was to relax, there could not be much wrong with you. Proper doctors gave you a pill, not advice on how to sleep. To reinforce this negative image, relaxation therapy was classified as “complementary” or “alternative”, both words intended to mean the therapy was a joke. Today, there has been a revolution.
Proper doctors now understand the use of relaxation therapy can not only reduce anxiety and stress, but also distract people from pain. More importantly, relaxation of the mind is matched by relaxation in the muscles. With a reduction in pain, sleep improves. With more sleep, the body’s ability to heal improves. With a more positive mental attitude, people react more to physical therapy. Mobility and muscular control improves. Overall, the quality of life improves.
When hiring new employees, it is important to make sure you get the right person for the job. Your business reputation is your bottom line. Whom you hire represents your company to the public during operating hours and after work. Your choices can cost you your profits and make small business insurance more expensive.
Is it ok to scrap background checks to save a few dollars on your HR budget? Probably not. If you want to follow the popular trend and nix the credit report portion of the background check, that might be ok. Because of the economic downturn, much of the workforce has experienced something that will show negatively on their credit report and many people have even gone through bankruptcy filings. Most positions offered by small business in the US are customer oriented, sales, service, or small manufacturing. Choosing when and how you use credit reporting can save you money. If you are looking for someone to handle your accounting, financing, or a broker position, then credit reporting can help. Remember, an applicant must consent to you doing a credit check before you do it.