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Professional Liability Coverage

If you are (or hold yourself to be) an expert, professional liability coverage should be part of your business insurance plan. Known by several other names, this type of coverage protects you and your...

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Understanding Your Business Owners Policy

If you're a business owner, it's important that you understand your business owners insurance policy. Its Declarations Page holds important information, including the limits of insurance for your...

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What kind of insurance coverage do I need for my small business?

What kind of insurance coverage do I need for my small business?Read the Answer »

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Business Owner Succession Planning

Every successful business owner must eventually face the question: What will happen to my business when I become disabled, retire, or die? Sooner or later, you will generally need to identify someone...

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Four Planning Considerations for Every Small Business Owner

If you are a small business owner or thinking of becoming one, here are some things you should consider. Read More »

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Natural Disaster Planning for Small Businesses

Whether your small business survives a natural disaster may depend as much (if not more) on the plans you put in place now, before a disaster occurs, as on what you do after a disaster strikes. Here...

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What is a captive insurance company?

What is a captive insurance company?Read the Answer »

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As a business owner, what should I know about using temporary workers?

As a business owner, what should I know about using temporary workers? Read the Answer »

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Home Office Deduction Rules Get a Remodel

If you run a business out of your home, it's important to understand the associated federal income tax deductions that you might be entitled to. That's especially true this year, with new rules that...

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Show Them the Love: Low-Cost, High-Value Employee Benefits

As a small business owner, you are probably aware of the importance of offering a basic employee benefit package that includes health and disability insurance, and a retirement savings plan. However,...

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Deducting home office expenses

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Hiring your first employee

As a sole proprietor, you handle all business matters--from producing and marketing your goods or services to fixing paper jams in the copier. Your business has grown and now you're stretched too thin....

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Incorporating your business

Before deciding to incorporate, you should seek legal and tax advice on what type of ownership best suits your business. Other forms of ownership may offer your company the advantages of incorporation...

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Tax planning for the self-employed

Self-employment is the opportunity to be your own boss, to come and go as you please, and oh yes, to establish a lifelong bond with your accountant. If you're self-employed, you'll need to pay your own...

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