The Basics of Business InsurancePosted: April 28, 2012
Here is an excerpt from a new blog post at GreggMarcus.com:
Many have said that businesses, both big and small, compromise the backbone of the American economy. Especially in the younger and smaller business in which people are applying innovation, ingenuity, and originality in order to help jump start and progress forward. As these growing industries represent hope for change and progression when a business fails it can have a devastating effect on many levels. Including the loss of jobs, income and business owner’s investments all take a turn when the business fails. In this post, Long Island Insurance Executive, Gregg S. Marcus will lay out the basics of business insurance and fully explain everything you need to know regarding policies for both large and small offices.
There are several variables that go into play when attempting to predict whether or not your business venture may fail. It can even involve a product or service that the public isn’t interested at the time in which you put all your money into. Situations could become even worse, such as if a company is being sued for unfortunate accidents or incidents that happened in or even surrounding you place of operations. This will translate to great legal costs and expenses which could severely hurt or even bankrupt your business.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.