Starting a small business may be easy, but here are a few things you need to remember when it comes to small business insurance. First, you need to get a policy. Second, determine the cost/price. Finally, consider all possibilities. The first thing you should do as a small business owner is to get a policy (BOP). This policy will cover property and general liability insurance. Second, shop around. Pricing is important. Don’t pay for a policy that is too expensive, but not too cheap. A cheap policy may not cover everything. Finally, consider all possibilities. As a business owner, you don’t know when profits will fall or a catastrophic accident may decimate your business.
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