SmallBusinessNewz

Part 2: Protecting Your Business from Legal Concerns

BusinessWeek's Smart Answers found that there were 4 areas that had potential to give small businesses legal problems this year. Since we already discussed employee lawsuits and immigration audits and what could be done to avoid them, we're going to look at improper insurance and Internet security concerns.

Protect Your Home-Based Business from Legal Concerns

Many people cringe at the very thought or mention of legal issues. The truth is, in many cases, there is a reason to cringe about those types of matters. Dealing with the legalities of starting a home-based business could be one of those "cringing" matters, but it is absolutely necessary to protect yourself and your business.

Preparing For Worse Things Than Mean Loan Officers

Here's a question for you: supposing you knew something like a flood or tornado was on the way, what few business-related things would you try hardest to save?  Now, consider whether you're doing enough to protect them since not every sort of disaster is so predictable.

Cutting Cost Tips Every Small Business Owner Should Know

Develop a Clear Mission StatementOne of the most important steps is one most business owners consider obvious - but few truly do thoroughly.  Make sure that your business plan is simple, clear, and workable before you invest your capital. Have you planned out the next five years intensively?  In how much detail?  The more narrowly, specifically, and intelligently you articulate your business mission, the easier it will be for you to construct a cost effective budget and to keep your company in the black.

Small Business Move To Forefront Of Health Care Concern

As David Utter first reported on SmallBusinessNewz, Democratic Presidential hopeful Barack Obama proposed a plan that would grant $6 billion a year in tax credits to small businesses that provide health insurance.

Obama Proposes Tax Credit For Health Insurance

Small businesses that provide healthcare insurance for employees would see a tax credit of as much as 50 percent under a plan proposed by Presidential candidate Senator Barack Obama.

Small Business Healthcare Sees Improvement

Business costs have recently been mentioned in research about the biggest concerns among small business owners in the United States. Among such concerns, more specifically, was the cost of healthcare. Research results just released by the National Association for the Self-Employed (NASE), give some insight as to why this is a big concern, especially for the really small businesses. Some findings from the study by the NASE include:

What Do You Know About Workers' Comp?

Do you understand your workers' compensation insurance coverage? If you don't, you're not alone. A recent survey conducted by EMPLOYERS found that 14% of small business owners and executives don't even know who their insurer is. They're spending money on the coverage without understanding how it works. For example, what they get for their premium payments, or why they continue coverage with a particular carrier.

Insurance? You Need It

Small business owners who overlook purchasing necessary amounts and types of insurance coverage may be flirting with disaster.