4 Ways Higher Education Helps Run A Business Successfully

February 13, 2021February 12, 2021 Guest Author

Upon the turn of the 20th century, society as we know it changed forever. With the industrial revolution having sown the roots of modern society, we saw significant transport, business, and education breakthroughs. Communities began to develop faster in the last two centuries than ever before. With the increasing need for labor, businesses flourished, and the free market came into existence. With this diversity in the industry came the freedom of choice in several avenues. One area of society that benefitted incredibly from the industrial revolution was the education sector. …

USAA announces entry into the US small business insurance market

February 9, 2021February 5, 2021 Logan B.

Small business insurance market - Open Sign on Shop Door

The insurer serving military and veterans will be writing policies in that category for the first time. USAA, the insurer serving military members and veterans, is taking its first steps into the American small business insurance market. The company has stated that it will begin writing these policies for coverage in five different states. The five states in which USAA will be entering the small business insurance market include Arizona, Tennessee, South Carolina, Illinois, and Colorado. That said, it will be restricted to those states only for its initial entry…

How To Keep Your Commercial Kitchen Safe

January 29, 2021January 31, 2021 Guest Author

Safety in any kitchen is essential, but in a commercial kitchen, it’s absolutely crucial. Running a commercial kitchen means you need to be on top of safety to protect your building, your employees and your customers. Here are a few key ways to make sure you’re keeping your kitchen as safe as possible to prevent any accidents or injuries and keep your delicious food streaming out the door to customers. Fire Prevention The top kitchen safety preparation involves fire safety and prevention. A commercial kitchen needs a system for fire…

3 Key Financial Decisions That Impact Company Profitability

January 19, 2021January 20, 2021 Guest Author

Profitability is the critical factor that determines the success or failure of a business. It is also one of the significant indicators of the operational efficiency of a firm. But most importantly, profitability defines the return on investments, which is why it hugely depends on the company’s financial decisions. Like any other situation, decision making in an organization is essential to make the best use of available resources. It is essential to pursue and keep up with a significant financial decision because they define the route towards the organizational goals.…

Aon insurance broker ends relationship with Trump Organization

January 14, 2021January 13, 2021 G. Turner

Aon Insurance Broker - Goodbye street sign

This breaks the coverage relationship with the company’s hotel, luxury residence, and golf course business. The Aon insurance broker has ceased its business relationship with the Trump Organization. This includes the hotel, luxury residence, and golf course business run by Donald Trump Jr and Eric Trump. The broker has acted at a time when companies and New York City are severing ties with Trump-owned businesses. At the time this article was written, the details of the Aon insurance broker’s withdrawal from the Trump Organization have not yet been revealed. However,…

What Types of Business Insurance Does an LLC Need?

December 15, 2020 Nordstrom

business insurance what types and what is needed

A limited liability company (LLC) is a preferable business structure due in part because of the level of security it offers owners when it comes to their personal assets. But while you’re able to limit your personal liabilities, your business assets are still without protection against a variety of possible unfortunate events. The good thing is that there are things you can do to minimize the risks that come with your LLC — one of these is investing in necessary business insurance. To make sure your business is protected, here…

Amazon workers’ compensation to increase in Washington state

December 8, 2020December 4, 2020 Nordstrom

Amazon workers’ compensation - Amazon delivery person

A labor agency has announced that it will be boosting the coverage for fulfillment center employees. A Washington state labor agency has announced its plans to boost Amazon workers’ compensation for employees at the fulfillment center in the state. The move was justified by what it called a more hazardous environment than other warehouse types. The state’s Department of Labor and Industries had already announced that it would be raising the premium rates for this coverage by 15 percent starting at the beginning of 2021. By boosting the coverage, this…

Category: Business Insurance