Hot Business Tips

ZeeZee asked:


As a small business, I’m finally getting around to looking at business insurance. God forbid I should get sued, but that would be the only reason I would get insurance at this point.

If I get sued (assuming I did nothing wrong that would terminate coverage), what are my responsibilities with regard to paying legal fees? What role will the insurance company play or what control will they have in the litigation process?

Sociopath asked:


I am in the family business and my mom is clearly strained… We are blessed to have business hand over fist even in this recession but that is not my problem, or question… My question is how can a small business owner learn to lay back enjoy the fruits of their labor??? I mean she has owned this insurance agency for 30 yrs. and has nursed it from ONE policy to what it is today? But her health is declining as she is still trying to take payments, pictures of homes, etc. on what should be considered now at least a “mid sized” business?

Aaron K asked:


I was just wondering because I use to travel around many different cities selling insurance. I would actually target small business owners. A lot of them like to brag about how they got their own business without going to school. Does anyone know what percentage of business owners never got a degree?