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Insurance is one of the most neglected small business responsibilities. But not having appropriate insurance is a mistake because a calamity could put you completely out of business.
By law, small businesses are not required to have insurance, however, landlords, suppliers, and other entities you work with in the course of running your business will probably require you to have coverage.
You should choose your insurance broker carefully. Here are some tips to help you do that.
Here are the different types of insurance available to small businesses. You should discuss these with your attorney or insurance broker.
