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9 Essential Skills You Need to Start and Run a Successful

To find out how these skills and others can help you run a successful business, keep reading. Financial literacy. In order to start a business and stay in business, you’ll need to experience financial growth at some point. You don’t need to have the skills of a financial planner to start a business, but you do need to have a good working knowledge of finances and financial management.

Actived: Saturday Nov 28, 2020

URL: https://startupnation.com/start-your-business/essential-skills-start-run-business/

7 Types of Business Insurance Your Startup Might Need

Details: Vehicle insurance will help to protect your company against liability should an accident happen and you or your employees are found to be at fault. While some basic vehicle insurance policies may only cover third party injuries, you can get more advanced plans that will cover injuries and liability for damages.

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Types of Business Insurance You Need to Protect Your Startup

Details: Recommended business insurance. There are other types of insurance that are not required but may be highly recommended depending on the specifics of your company. One of the most important is general liability insurance. This protects you and your workers against claims of injuries, accidents or negligence, insuring you against payments involving property damage, bodily injury, medical

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7 Reasons Why Business Insurance is Essential to Your Startup

Details: Also known as key man insurance, it is essentially a life insurance policy that will safeguard your business in the event of death or critical illness. Such insurance will help to cover disruption of development plans, increased workloads of others, loss of profit, recruitment costs, etc.

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Do You Need Personal Liability Insurance for Your Business?

Details: Personal liability insurance is a crucial part of protecting your business. It works hand in hand with general liability insurance to safeguard you against lawsuits, so you’ll be set up for success. Previous Post 7 Ways to Gain Credibility as a Thought Leader in Entrepreneurship.

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5 Types of Business Insurance and Why You Need Them

Details: Insurance facilitates banking, and in many cases, you simply cannot get the finances you need to start and run your business without the right types of business insurance or coverage. Consider the following scenario: A restaurant owner likely depends on customer revenues to keep his or her business afloat.

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Risk Management: How to Manage Business Insurance

Details: Life insurance on partners. If your business is a partnership, have all partners sign an agreement saying ownership will divvy up among remaining partners and life insurance proceeds will go to the deceased’s family. This will avoid having a spouse with no experience in the business or its operations as a working partner. Crime insurance

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Professional Liability Insurance: Your Legal Safety Net

Details: Professional liability insurance is a key type of insurance for small business owners to consider, and this post offers a rundown of what it’s all about.

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Liability Insurance: The Most Affordable Insurance You Can

Details: Insurance is a pain; take it from an insurance professional. Sometimes it seems like it would be the easiest approach to just forget about it. Small business owners are already busy with the day-to-day operations of running a company.

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After the Fire: Business Interruption Insurance Explained

Details: Ryan Hanley is the vice president of marketing at TrustedChoice.com and the managing editor of Agency Nation. He is also a speaker, podcaster and author of the Amazon best-seller, "Content Warfare." Ryan has over 12 years of insurance expertise and blogs frequently to help consumers understand complicated insurance topics.

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StartupNation.com: Everything you need to build your business

Details: StartupNation.com, the most reliable resource for entrepreneurs, startups & small business seeking information about starting, managing and growing business

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Legal , Insurance & Compliance Archives - StartupNation

Details: Trending / 6 Steps for Choosing the Right Co-Founder for Your Startup; Trending / How to Choose a Side Hustle That Matches Your Personality; Trending / WJR Business Beat with Jeff Sloan: CARES Act Provides Relief Grants to Michigan Farms and Food Processing Companies (Episode 128); Trending / Pet Plate Founder Renaldo Webb Shares a Behind-the-Scenes Look at His Shark Tank Experience

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The Importance of Side Hustle Insurance for Entrepreneurs

Details: Professional liability insurance policy. Alongside this, you may want to consider a professional liability insurance policy. This type of policy is commonly used by those whose business involves providing expert advice or services, such as a personal trainer or financial advisor.

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Estimating Startup Costs for a New Business - StartupNation

Details: Administrative costs: Various types of business insurance, office supplies, licenses and permits, express shipping and postage, product packaging, parking, rent, utilities, phones, copier, fax machine, desks, chairs, filing cabinets – anything else you need to have on a daily basis to operate a business

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Business Insurance You May Not Need - StartupNation

Details: Buildings insurance provides financial assistance in the event that your business buildings or their parts suffer damage or theft. Along with contents, buildings insurance is usually considered a fairly standard policy to include in a business insurance package, even though it’s not legally mandatory.

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Understanding the Different Types of Insurance Needs for

Details: Workers Compensation Insurance – of course, if you’re employing others, workers compensation insurance is a must-have, as is Disability Insurance. Smartphone Insurance –It doesn’t have to be on the top of your list, but if budgets are tight and you’re providing employees with smartphones, you should protect them for a minimal cost

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6 Activities Your Business Needs to Insure - StartupNation

Details: The insurance fees and the depth of coverage may vary, but even a basic insurance plan can safeguard you from being sued and being held financially accountable. The following are the types of insurance you need depending on how your business functions. Commercial general liability insurance.

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What is Cyber Insurance, and Does My Startup Need It?

Details: Here, we discuss what is covered by cyber insurance, how much you’ll have to pay to be adequately protected and what to look for when securing the policy. Here, we discuss what is covered by cyber insurance, how much you’ll have to pay to be adequately protected and what to look for when securing the policy.

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Do I Need Workers' Compensation Insurance If I'm Self

Details: Workers’ compensation insurance: the three words that give many employers a sudden anxiety attack. There are plenty of things to worry about beyond just the costly nature of this mandatory insurance coverage, including compliance, audits, independent contractors, claims management, safety committees, and the list goes on. The question arises, what about those business owners who chose to go

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3 Things Entrepreneurs Need to Know About Business Insurance

Details: However, an insurance company’s preference is to write business insurance for a legal entity rather than an individual sole proprietor. The reason is that, because of the way the liability insurance language reads in your policy, insurance companies have a hard time parsing out specific business activities.

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Business Insurance Essentials for New Entrepreneurs

Details: The types of business insurance you need. There are various kinds of business insurance you can choose from depending upon your company’s activities. Most likely, you will want to purchase a few or all of the following types of insurance. General Liability. General liability insurance is critical for every single business.

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Underinsurance: 75% of US businesses are Currently

Details: Use the insurance industries definition of gross profit; In addition to this there is the unfortunate reality that the accounting definition of gross profit and insurance definition are inconsistent and cause much confusion. Accountants show gross profit after the deduction of purchases and would strip out staff and utility costs.

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The Three Key Factors that Influence Business Insurance Rates

Details: Ryan Hanley is the vice president of marketing at TrustedChoice.com and the managing editor of Agency Nation. He is also a speaker, podcaster and author of the Amazon best-seller, "Content Warfare." Ryan has over 12 years of insurance expertise and blogs frequently to help consumers understand complicated insurance topics.

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Crime and Theft Insurance: Why They are Treated

Details: Property insurance is unlikely to cover the theft of these items, while crime insurance, which is very specific about how items are stolen, will. While many business operators feel embarrassed about buying crime insurance as a protection against their own employees, you should keep in mind that crime insurance policies may only be taken out on

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The Clause Your Company Contracts Need to Protect You

Details: What is Cyber Insurance, and Does My Startup Need It? Sean X Cummings. 30 Nov 2020. This Jewelry Store Boosts its Holiday Traffic with Google My Business. StartupNation. 27 Nov 2020. 7 Holiday Shipping Tips and Tricks for Online Entrepreneurs. Holly Gilbert. 25 Nov 2020.

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4 Steps to Improve Company Performance in 2017 - StartupNation

Details: This Jewelry Store Boosts its Holiday Traffic with Google My Business - November 27, 2020; Shop Must-Have Tech Gifts! Your Guide to the Season’s Hottest Gifts from Dell - November 24, 2020; WJR Business Beat with Jeff Sloan: Best Practices for Keeping Businesses and Employees Safe During COVID-19 (Episode 145) - November 19, 2020

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How Much Risk is Too Much? When to Look for Business

Details: Ryan Hanley is the vice president of marketing at TrustedChoice.com and the managing editor of Agency Nation. He is also a speaker, podcaster and author of the Amazon best-seller, "Content Warfare." Ryan has over 12 years of insurance expertise and blogs frequently to help consumers understand complicated insurance topics.

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10 Tips for Landing a Product Licensing Deal

Details: Below are tips we have learned along the way to help you land a product licensing deal: Know your stuff. First and foremost, to have any chance of licensing your invention, you must know your stuff.You have to become an expert in the field to which your invention applies.

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12 Step Checklist For Building a Website - StartupNation

Details: Previous Post 5 Types of Business Insurance and Why You Need Them Next Post Credit Card Processing Best Practices for Small Business .com and .net , building a website , how to build a website , small business website , sponsored content , sponsored post , verisign , website checklist , website components

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Searching For Insurance — StartupNation.com

Details: Insurance is a topic with its own language that might be foreign to you. Before considering your options, here are a few small business insurance questions you need to find out the answers to in order to better understand the industry.

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10 Ways to Create a Successful Business Pitch - StartupNation

Details: What is Cyber Insurance, and Does My Startup Need It? Sean X Cummings. 30 Nov 2020. These Startup Founders Urge Consumers to Avoid High-Cost Payday Loans. Daniel Tannenbaum. 30 Nov 2020. Women in Business: StartupNation Radio feat. Jennifer Kluge and Jana Brownell. StartupNation. 28 Nov 2020.

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What Goes In to Market Research and How Much Does it Cost?

Details: When Insurance Will (and Will Not) Cover Your Side Hustle Property - October 11, 2018 Beyond Facebook and LinkedIn: Social Media Strategies for Your Business - June 6, 2018 - April 13, 2018

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7 Steps for Getting Your Health Food Product to Market

Details: Invest in liability insurance. Insurance is usually the last thing any business owner wants to think about, but liability insurance is particularly essential for entrepreneurs in the food industry, according to Simmons. What would happen if consumers got sick from one of the ingredients in your product that you bought from a supplier?

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The Pros and Cons of Sales Commissions - StartupNation

Details: Jason has more than 16 years of accounting and finance experience in both public and private industry accounting. Since 2008, Jason has acted as the CFO for many of Signature Analytics’ clients, providing them with the financial analysis they need to grow their business and make more data driven decisions.

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7 Myths About Workers' Compensation Insurance - StartupNation

Details: The advantage of shopping for a workers’ comp policy with a private insurance company is finding a policy that fits your budget and needs. The payroll service I use provides workers’ compensation. Unless you have a copy of the policy, and see the premiums as a line item on your monthly payroll bill, don’t assume your payroll company

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Beauty Supply Store Owners: Tips of the Trade - StartupNation

Details: Understanding the Different Types of Insurance Needs for Your Startup When it comes to selecting the right type of insurance for your specific startup, it can easily become overwhelming - see how to make it a little easier.

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13 Digital Tools Every New Business Needs

Details: Modern startups run on digital tools. From communicating with customers, collaborating internally or protecting their assets, entrepreneurs should know that there’s a digital platform or service for everything.. The truth is, those that don’t embrace technology risk being left behind, especially during the COVID-19 pandemic.In order to stay afloat, entrepreneurs must start off strong with

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4 Ways to Convince Prospects to Buy From You - StartupNation

Details: Practical marketing expert and business lifestyle architect Stacy Karacostas is on a mission to end entrepreneurial overwhelm! Discover how to grow your business with less effort -- so you can help more people, make more money AND still have a life -- by grabbing your copy of the FREE "Success without Shackles Starter Kit" at The Unchained Entrepreneur.

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4 Principles for Building and Sustaining Brand Equity

Details: What is Cyber Insurance, and Does My Startup Need It? Sean X Cummings. 30 Nov 2020. These Startup Founders Urge Consumers to Avoid High-Cost Payday Loans. Daniel Tannenbaum. 30 Nov 2020. Women in Business: StartupNation Radio feat. Jennifer Kluge and Jana Brownell. StartupNation. 28 Nov 2020.

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The 5 Costs You’re Most Likely to Underestimate in Your

Details: Insurance and taxes. The average entrepreneur understands there will be various insurances and taxes involved with starting and running a business, but it’s common to underestimate the extent of these costs. This is especially true as your business scales and needs more coverage. Customer acquisition

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4 Steps to Researching Your Startup Idea Before Writing a

Details: When to Look for Business Insurance Savings. Next Post TechSquare Labs Partners with Google for Entrepreneurs. business and life planning, business idea, business plan, finding a mentor, mentor, Networking, Plan Your Business, research, startup idea. Anna Johansson.

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Whats the average income of a subway restaurant owner

Details: just checked with a very smart friend of mine whose sister is a major subway franchisee in the southeast. here`s what he said: average cost to open a store is $150k - $180k depending on the geography and the ROI is 3-5 yrs, but having one store is like buying yourself a jobyou need 4+ good stores to have a nice income and spread the people and risk around.

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10 Techniques for Better Negotiation - StartupNation

Details: Startup entrepreneurs are not always the best negotiators. They step into the shoes of a business owner for the first time and find (to their surprise) that nearly everything involves negotiation of some kind, and they may not always have those negotiation techniques down.. Starting a business requires, quite literally, hundreds of negotiations.

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9 Highly Successful Entrepreneurs Reveal the Biggest

Details: 9 Highly Successful Entrepreneurs Reveal the Biggest Startup Mistakes and How to Avoid Them - November 30, 2020; 7 Accomplished Entrepreneurs Share How to Start a Business with $100 - October 5, 2020; How Failure Sets You Up for Success in Business, According to 6 Top Entrepreneurs - September 19, 2020

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The Best Cities In France For American Entrepreneurs

Details: The city has undergone a steady evolution over recent years away from light manufacturing to the High-Tec service industry. Situated on the French Riviera, Marseilles is a culturally diverse city with many of its residents originally arriving from Italy, Spain, North Africa and Turkey.

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3 Things That Could Cost Your Business its COVID-19 Loan

Details: First, a quick recap of these two programs: Economic Injury Disaster Loans (EIDLs) provide a loan of up to $2 million at 3.75 percent (2.75 percent for non-profits). As part of EIDL, applicants can request an advance of up to $10,000 ($1,000 per employee) that does not have to be repaid.

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Name/tagline for P&C insurance agency — StartupNation.com

Details: What do you think?1) LifeGuard- This was the #1 choice. Advising me that this has an emotional feeling and would have a great campaign to work with.2) MVP Insurance Group. Playing off the most valuable person vs. player.3) INgage Insurance Group- using the in vs. en in engage.4) Mission:Insurance-playing off the mission impossible theory.

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10 Common Traits of the Most Successful Entrepreneurs

Details: Anne MacRae has been in the factoring, trade financing and asset based lending industry since 2006 and is currently the Vice President of Business Development with Express Business Funding, a leading factoring and ABL company.Prior to EBF, she held senior sales roles with Trade Finance Solutions and the Interface Financial Group.

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Credit Card Processing Best Practices for Small Business

Details: David Iafrate founded International Bancard in 2001 with the goal of putting a more human face on the payment acceptance industry. David maintains hands-on involvement with each of the company’s partners across the United States, leading a true family of clients – from mom-and-pop shops to professional sports stadiums – representing more than 60 unique industries.

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These Startup Founders Urge Consumers to Avoid High-Cost

Details: Trending / 9 Highly Successful Entrepreneurs Reveal the Biggest Startup Mistakes and How to Avoid Them; Trending / Women in Business: StartupNation Radio feat. Jennifer Kluge and Jana Brownell; Trending / This Jewelry Store Boosts its Holiday Traffic with Google My Business; Trending / 6 Recession-Proof Side Hustles You Can Start Today to Bring in Extra Cash

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