PHONE : 1-888-242-4675 | E-MAIL : Info@insureyourcompany.com
Business Type :
Login
Best In-Class Business Insurance for Technology Firms & IT Consultants
Hiring employees is a big step for small businesses. It shows that you have grown enough to need some help to get through your daily activities. However, once you hire some people to help you continue to grow your business, your work isn’t over. In fact, many would say that you have even more to do. You need to make sure that you hire the right people and then find ways to make sure that they are happy in their job so that they are as productive as possible.
Here are some tips to help.
Pay them well. Good and hardworking employees are worth every penny, so it is important that you pay them as much as you can afford. People who feel like they are justly compensated for their work are happier and more likely to stay with an employer for a long time.
Give them the best benefits package that you can afford. Benefits are essential for finding and keeping employees. If you can afford to, you should try to offer health insurance for your employees and your families. If not, you need to make sure that all of your employees get paid vacation and personal time. This is essential for happy employees. They need time away from work!
Make balance an essential part of your business. Balancing work and home life isn’t easy, but you can help your employees out by making sure that they leave on time. You can also make sure that they don’t miss the important things in their lives, such as baseball games, concerts, and recitals.
It is also important to do your best to make sure that your employees use their vacation and personal time. Everyone needs time to unwind and relax, even if they don’t go anywhere. You also want to offer a job where people don’t feel guilty for calling out when they don’t feel good. If your employees are sick, they should stay home and take care of themselves. Parents also shouldn’t feel bad when they need to stay home to take care of their children who aren’t feeling well.
Don’t be afraid to say thank you. When your employees step up and do something extra, a thank you will go a long way. It makes employees feel like they are appreciated, and they will work harder just to prove their worth. You will be amazed at how a simple thank you can make someone feel.
It doesn’t hurt to show your appreciation in other ways. That being said, there are times when you might want to do a little extra for your staff. Serving breakfast or lunch once in a while can show employees that you really care about them. If someone stepped up and covered extra shifts for someone else, you may want to offer them a gift card to their favorite store. These little things don’t have to cost you much, but they will mean a lot to your employees!
If you want to have employees that work hard, you need to make sure that they are happy. You can do this by paying them well and offering them benefits. However, paid time off doesn’t work unless they take it! You also want to make sure that you thank your employees when you are really proud of them. Doing a little extra will also go a long way. You may want to bring lunch in once in a while for a job well done! It will be greatly appreciated.
Contact us for all of your insurance needs. We will help you protect your business so that you can continue to do what you love.
Once you have a few employees under your employ, you are going to have to change your way of thinking. Instead of just being a business owner, you are now an employer. You are the one who is going to be in charge of them (and the future of your business). You need to find a way to connect them and work with them so that your business runs as effectively as possible. This is even harder today when most people prefer to work from home.
So, how can you maintain an effective workforce?
Have a clear goal in mind. Before any of your employees know what is going on, you need to know. So, come up with a plan of action. Figure out everything that needs to be done and decide who is the best person for each job.
Communicate, communicate, and communicate some more. Once you have a plan, it is time to move forward with it. Though everyone groans about meetings, the truth is that they are a great way to get everyone together and talk about your goals and plans. You can also use this time to delegate the tasks that need to be done.
You may also need to have smaller meetings so that everyone is one hundred percent on board with you. Don’t be afraid to check in as time goes by so that you can make sure that everything is still going according to your plan.
Find a way to be flexible. As you implement your plan, you may realize that you need to make some changes. You are going to need to let go and be flexible. You may need to hire a new employee to get a certain task done in time. Not only that, but you may also realize that you gave the wrong task to the wrong person. Switch it up, until you find the right person for each task.
If something is not working, and you need to make changes, do it now. It is better to quit partway through a project than struggle through the whole thing, only to realize that you are going to have to go another way. Your goals and plans may change and there is nothing wrong with that!
Learn to delegate. You don’t need to micromanage your employees. Give them tasks to do and let them go. Don’t be afraid to check in periodically, but you don’t have to watch over their shoulders to make sure that they are doing the work properly. Employees work much better when they are given the freedom to work at their own pace and to figure out the best way to get it done!
It can be hard to manage a workforce. You have to start with a plan, though you may need to be flexible if it isn’t working out exactly the way that you hoped. You may need to make some minor (or even major) changes in order to keep everything going. You also need to communicate with everyone so that all of your employees know what the plan is and what they need to do to help you get there. This may include a lot of meetings or just weekly check-ins to make sure that everything is going well.
This also means that you are going to have to let go of some things in order to delegate. You chose your employees for a reason, so it is important that you let them do what they are good at! They don’t need you watching their every move in order to get things done. In fact, they will probably work harder without you breathing down their neck!
Contact us for all of your insurance needs. We will help to protect your business so that you can focus on doing what you love!
When heading off to college there are a lot of things to think about. Finding a place to live is high on the list. Whether you opt for dorm or off-campus housing, you are going to need to buy some things or take them from home. A laptop, school supplies, and television are standard big-ticket items. Your new college space may also need dressers, a couch, and a mattress. The amount of “stuff” you need to live away from home adds up quickly.
That is why you should really consider renter’s insurance. Here are some reasons why.
Renters insurance is often inexpensive. An average policy is typically under $200 per year.
From small accessories to big-ticket items, your stuff accumulates quickly. Your television, computer, laptop, printer, and furniture can cost several thousand dollars. If you are a gamer, you may have a game system, good speakers, and other expensive gear. You may have a good camera and other possessions that you don’t want to leave at home. All of these items add up (and quickly).
Most college students don’t have a lot of extra money. It is much cheaper to have the insurance than it is to replace everything you brought to college.
Unless you live in the dorm and your primary residence is still your parents’ house, your belongings probably won’t be covered under your parent’s homeowner insurance policy. If you are on your own, you need to be protected.
Even if you are covered by your parent’s insurance policy, it may not help you out when you need it. Most deductibles are pretty high, so they might not cover your two-hundred-dollar television. If the deductible is five hundred dollars, you will have to pay for a new TV out of your own pocket.
Most renter’s insurance deductibles are much lower, making it a more affordable option for you.
Many apartment complexes require all tenants to have renter’s insurance for everyone’s safety and protection. Likewise, you may not be allowed to move in until you can show proof of insurance.
Though you may not want to spend any extra money on renter’s insurance, it is usually a great idea. This is especially true when you start to think about how much stuff you really have. A laptop and some furniture can really add up. There are times when it is worth getting your own policy!
If you want to make sure that you and your belongings are fully protected, don’t hesitate to contact us today. We will be glad to talk to you about all of your insurance needs and wants to find a policy that you need.
As a small business owner, the last thing you need on your plate is to become a victim of a cyber-attack or breach. Unfortunately, cyber-attacks and data breaches are becoming increasingly commons, and dealing with an issue is always simpler if there is a plan in place. According to a US Small Business Administration survey, small businesses cannot afford the same level of cyber defense as larger companies, which makes them more vulnerable to an imminent attack.
Risk management encompasses the identification, analysis, and response to risk factors that form part of the life of a business. Effective risk management means attempting to control, as much as possible, future outcomes by acting proactively rather than reactively. Therefore, effective risk management offers the potential to reduce both the possibility of a risk occurring and its potential impact. (CFI.com)
Effective risk management comprises a plan of proactive measures that will minimize exposure and create a safety net in case the proactive measures are compromised. Working with a trusted partner that can provide a risk management plan and a safety net is the ideal situation. At Insureyourcompany.com, we have the knowledge, expertise, and ability to help develop a plan for your business and provide insurance as a backup should it be needed.
All companies handle various types of sensitive and personal information ranging from just contact information to private financial data. The era of instantaneous communication and the ability to conduct business digitally has made everyone’s job easier and increased productivity to unimagined levels. This ability has also created the potential for companies to be infiltrated more easily. The days are over where you had to break into a building to steal an asset. Now, a criminal can sit with a laptop or cell phone and do vast amounts of damage without leaving a trace.
This is done on a few levels:
Insurance is an important aspect of your risk management planning. While not all perils can be completely prevented, Cyber Liability, Professional Liability, and General Liability insurance can help protect your business. Contact Insureyourcompany.com for an assessment of your needs today.
Starting a new business can be scary. That being said, it also could be the best thing that you have ever done. You get to be the boss, make your own hours, and do what you love. However, you must think carefully when you start a business.
Here are some insurance and business tips for new business owners.
You really need a solid plan before you start a business. Not only will you need this to get some capital to get started, but it also will help keep you on track to have a successful business. Make sure that you know what you want to do with your business and what you do not want to do. Know how much you are going to charge for your services. If you are going to sell items, know exactly where you are going to get them from, what they will cost you, and how much you are going to sell them for.
It also helps to know who you are trying to reach with your business. Know as much as you can about your ideal client. Who is she or he? Are you looking at a certain age range? What interests your ideal client? What catches their attention? By knowing this, you can market your business directly to them. You aren’t going to put up ads for babies when your ideal clients prefer cute kittens and puppies.
Many small business owners start part-time while they continue to work their full-time job (or cut back their hours). This allows them to continue to have an income while deciding whether or not their business will succeed.
Some work best by quitting their job and giving their business their full attention. This means that they have to succeed because they have nothing to fall back on!
You are going to make some mistakes. You are going to screw up and upset some clients. Not only that, but you may also lose some clients along the way. That is not the end. In fact, it should be the beginning. Learn from your mistakes and do better next time. The only negative thing that can come from mistakes is if you don’t learn from them and do things differently the next time!
If you own a company, you have a lot to lose. If someone sues you, you could lose everything, including things that aren’t a part of your business, such as your house. For this reason, you need to talk to a professional when it comes to insurance to make sure that you are fully protected, just in case. It is much better to be ready than to lose everything.
Before you start a business, you need to come up with a plan. Outlining your business plan allows you to move forward. It lets you decline something that isn’t in line with your plan. It also helps to know who your ideal client is. You are going to need to market to him or her so really study the types of people that you are trying to reach.
You also need to make sure that your business is protected. Not only that, but you don’t want to lose your home because you didn’t have enough insurance. The best way to be protected is to talk to a professional. He or she will be able to talk to you about your options so that you can feel good about your policy.
If you want to make sure that your business is protected, contact us today. We will be glad to talk to you about your options to make sure that you and your business are protected.
You’re finally starting your business, woo-hoo! You have your brand, your team, your finances, and your location, everything’s great. But wait, before you can do any business, you must have your state and federal legal obligations taken care of, have you done that? If this sounds foreign to you or you just don’t know where to start, InsureYourCompany.com can help you better understand the insurance side of protecting your business while staying compliant with your state and local laws.
There are external and internal business compliance requirements that you will need to meet. External requirements will involve filing paperwork and paying state and federal taxes, while internal requirements will be kept inside for your own files and record keeping. If you decide to one day sell your business, you may need to have those records available.
Corporations have some really strict requirements which are why certain things need to be done regularly when running a business. Some helpful things to adopt would be:
An LLC doesn’t have such strict requirements, however, they are advised to:
Some businesses have limited internal requirements while others have no internal requirements at all. Not a good idea, consider looking into some internal requirements. If you don’t know where to start, InsureYourCompany.com can help you with that.
Based on your business structure and the state that your business is in, your annual filing requirements may fluctuate.
Here are a few common requirements to watch for:
Beyond paying federal taxes and complying with the Affordable Care Act, most businesses will not have to worry about all the other federal requirements. So be certain to meet each of your federal obligations for your business inclusive of employer and income taxes.
Businesses with 50 plus employees must report to the IRS that they provide health coverage as required by the Affordable Care Act. Keep any federal licenses, permits, or certificates for your business up to date.
Not all business activities need to be regulated, so they don’t require filing. However, you need to be sure to stay compliant with all the laws for your state and business type such as:
It is detrimental to the success of your business to maintain your licenses, your permits, and the recertification that you get from your local state, city, or county, and renewal requirements will vary.
Depending on the type of business you have, here are some resources that you will need to register your business with:
InsureYourCompany.com is your one-stop for all that’s business insurance-related. We understand your business needs as a business owner because we’re business owners. Contact us today, our team of insurance experts is here and ready to help you get and stay small business compliant. In the meantime, visit our blog over here.
Small business owners are quickly learning that they need proper documentation to guarantee the success of their business. One document that most business owners tend to overlook is the certificate of insurance (COI).
Understand that the COI is a vital document for all organizations that use outside contractors and vendors. However, most business owners are still unclear about why they need to show their certificate of insurance. In this article, we will take a comprehensive look at COIs, and why you might be asked to show them.
A Certificate of Insurance is a document that proves your business has an operational insurance policy. It includes; the expiration date of the coverage, the limits of the insurance, and the type of insurance. You get the COI from an insurance company, thus verifying that your business is covered.
Regardless of the type of industry, there are several reasons why you might need to show your certificate of insurance. Below is a quick look at some of these reasons.
Most customers will need to make sure you have the proper insurance coverage. In doing this, these customers can rest assured that they are not liable in the event of a claim. Understand that we are living in times when everyone is looking to protect their financial interest. Customers are merely looking to avoid the headaches that come with insurance claims.
If you need to bid on a job at any state or municipality agency, you have to show your certificate of insurance. Municipality or state agencies will only give tasks to compliant companies. The first step to ensuring that your company is compliant with state and federal law is by having the proper insurance policies in place. It is impossible to bid on any municipality or state job without a certificate of insurance.
All businesses will need to sign a contract at some point in time. However, did you know that your business cannot sign a binding agreement without the COI? According to the law, only compliant establishments can sign a legally binding contract. Having a certificate of insurance will ensure that any signed contract within your organization is legally binding.
You will need to show your certificate of insurance when obtaining any professional license or certification. Understand that these documentations demonstrate a business’s commitment towards continuous learning, upholding industry standards, and superior professionalism.
Your insurance provider will always give you a certificate of insurance. If you recently purchased insurance, you probably have the certificate. However, if you didn’t get the COI, contact your insurance provider.
You can see that the COI is a vital document for any business establishment. The good news is that your insurance provider will always provide it for free. Ensure that your business is compliant by having all the right insurance policies in your establishment.
Finally, understand that you should always have your Certificate of Insurance with you; do not wait until a client asks for it. It could be the difference between losing and keeping a client.
Do you need help securing the proper insurance coverage for your business? At InsureYourCompany.com, we will help you employ all the right strategies to avoid loss of business or legal issues. Ensure you contact us today to speak to a licensed professional with years of experience in the insurance industry. It is time you started focusing on the growth of your enterprise.
Through innovative ideas and abilities to overcome adversity, business leaders have made major impacts in the world. The ways we communicate, travel, and interact with the world began with ideas from business leaders. Those seeking to start their businesses or propel their ideas forward need to look to these ten influential business people for inspiration.
Regardless of what devices you use, you likely regularly use a service that Larry Page has had a hand in. Page is a co-founder of Google and later served as the CEO of Alphabet Inc., Google’s parent company. Because of his leadership in one of the most powerful companies of the digital age, Page has gained a net worth of more than 78 billion dollars.
At 90 years old, Warren Buffett continues to be one of the world’s most influential investors, and his net worth is currently greater than 85 billion dollars. The Berkshire Hathaway CEO is also regarded for his dedication to philanthropy, and he has given billions to charitable causes.
Another major player in the tech boom, Mark Zuckerberg is known for co-founding Facebook in 2004 while he was a student at Harvard. He continues to serve as the company’s CEO today, and with 2.7 billion Facebook users, Zuckerberg’s importance in the worlds of business and technology cannot be overstated.
Satya Nadella became CEO of Microsoft in 2014, and since he took the position, the company has made several major acquisitions. In his first year as CEO, Microsoft acquired the highly profitable video game company Mojang. Then, in 2016, Microsoft purchased LinkedIn. Under Nadella’s leadership, Microsoft has seen significant gains in its stock prices.
After Steve Jobs’ death in 2011, it seemed unlikely that anyone could fill the shoes of Apple’s charismatic CEO. However, Tim Cook has shown that he is more than capable of filling the position, and his time as CEO has seen Apple’s profits increase significantly. Cook is also important for his contributions to the LGBTQ community as the first openly gay CEO of a Fortune 500 company.
A controversial personality with bold and grand visions of the future, Elon Musk’s ideas have gained him a net worth of more than 209 billion dollars. Musk is most well-known as the founder of Tesla, the world’s most famous electric vehicle manufacturer. He is also known for founding SpaceX, which is making strides to advance space travel.
One of the most powerful businesswomen in the world, Mary Barra became CEO of General Motors in 2014. She was the first woman to ever serve as CEO of an auto manufacturer. In addition to this, Barra has served on other important corporate boards, most notably Disney, which she joined in 2017.
In 1994, Jeff Bezos started an online bookstore. This idea alone was innovative, taking advantage of the potential of the Internet’s new technology. However, the bookstore expanded far beyond its original vision. Today, Bezos’ company, Amazon, is one of the most valuable in the world. This has made Jeff Bezos one of the most influential and important people in the business.
Rupert Murdoch is known for leading News Corp, a company that owns hundreds of newspapers around the world. While this has certainly given Murdoch a fortune worth billions, it has also given him a great deal of influence due to his connections to news outlets.
Even as a teen, Marc Benioff was making innovations in programming, as he developed video games for Atari. He went on to revolutionize cloud computing with Salesforce, which he founded in 1999 and continues to serve as CEO of today. Recently, Salesforce even acquired software company Slack.
Any influential business leader knows the importance of being prepared, and business insurance is an important part of that preparation. To learn about how InsureYourCompany.com can protect your business, please contact us.
The insurance industry is at an interesting crossroads since the COVID-19 pandemic. As New Jersey insurance agents, we work in an evolving landscape that must somehow balance speed and efficiency with excellent customer service, and a meticulous focus on accuracy, privacy, and security. We hate to tout the “new normal” concept. Still, we can’t deny that consumer behavior has changed thanks to COVID-19.
Today, we’ll consider these changes in client behavior and how that relates to the world of insurance — particularly how customer experience affects loyalty and retention in our industry. Let’s get started with some meaningful statistics.
You know the pandemic has changed how we work, learn and shop. Per Statista.com, this trend is obvious in the US. Let’s put a finer point on it.
Ultimately, as insurance agents, we saw a dip in walk-in traffic and a surge in emails and phone calls. That all makes sense! Clients who once stopped in for a chat are now mailing a check, and more customers are requesting a quote via insurers’ websites.
Moving forward, insurers already know customers are spending more time at home. That’s why auto insurance rates have dropped noticeably. Fewer vehicles on the road mean fewer claims to pay. We might see similar action in the property insurance market, as restricted travel and reduced vacation time this summer translate into fewer burglaries and home fires (maybe.) Those statistics are yet to be written.
Agents must understand that customers have more time on their hands. Clients who have found themselves unemployed or underemployed in particular are eager to save a few dollars. And, as an intangible service, insurance is a frustrating bill to pay. It’s not like our customers can physically see or taste their insurance policy.
This leads us to reflections on customer service and the “human touch” that might make the difference in your retention rates this year, but not forever.
Yes, for now. Speaking demographically, Millennials (they’re buying homes, business property, and life insurance policies) are the least likely to talk with an insurance agent on the phone or in person.
Boomers, on the other hand, are retiring en masse. The generation that placed so much value on personal relationships in business is buying less insurance. They’ve sold the family business, their children and grandchildren are grown, they’ve downsized the home, and they may only need one vehicle. All of this was happening regardless of COVID-19! The pandemic only served to quicken early retirements.
It all begs the question: How can we earn customer loyalty / maintain retention when we don’t speak to customers in person? Well, we’re still learning about that. But here are some starting points:
Finally, broadcast a helpful message to your target market. A radio spot about financial scams affecting seniors could go a long way towards establishing your reputation locally among Boomers, for instance.
We hope you’ve enjoyed our dissertation on customer experience, loyalty, and retention post-pandemic. We enjoyed writing it! If you have any other questions about insurance and customer interactions in 2021, contact us.
Being a newly legalized industry with ever-changing regulations, many business owners fall at risk of purchasing either substandard or wrong insurance policies. Cannabis businesses need to juggle between several potential financial risks while mitigating customer claims. Let’s not forget that every business needs to stay in compliance to maintain an operating license.
Did you know that the Cannabis industry is projected to clock the $146.4 billion mark by 2025? What this means is that the US cannabis industry will continue to grow rapidly within the coming years. However, this unprecedented increase brings to light a whole new set of challenges.
If your cannabis business isn’t properly protected, all the above risks can be financially crippling. It is, therefore, paramount for you to understand the unique insurance needs of this volatile industry. You also have to consider the specific needs of your company before picking out the right insurance policies.
All legal cannabis pioneers are facing one massive problem in the insurance industry: the reluctance of traditional insurance companies to offer tailor-made cannabis insurance programs. Most insurers are not keen on entering this new marketplace.
There is a limited number of cannabis insurance offerings in the market. Most business owners have no choice but to settle for ineffective and generic policies. Note that some of these insurance policies will not adequately address the needs of a legal cannabis establishment.
Every business has its unique set of insurance policies that help transfer and mitigate risk. For your cannabis business, you will have to stick with the following policies: commercial property insurance, product liability, general liability, and workers’ compensation.
Almost all business establishments require commercial property insurance coverage. You get proper coverage in case your property gets damaged by natural disaster, theft, or fire. The property will include inventory, equipment, buildings, and personal items. Through commercial property insurance, you can mitigate the loss of income and protect expensive equipment.
As stated earlier, your cannabis business needs to mitigate customer claims. With product liability coverage, you will not be found liable when a person experiences any side effects after using your product. However, you need to consult with a licensed cannabis insurance broker to find the right product liability coverage that suits your needs.
This is a handy coverage that protects all of your business assets from any claims involving property damage or injury. It is especially vital if you are contracting with third parties or leasing commercial property.
If you have a cannabis establishment, you will most likely have workers. According to the law, you need to have workers’ compensation to cover all your employees. You can rest assured knowing that all your workers are fully covered, in case of any mishaps or problems.
The lack of specific cannabis insurance policies usually leaves a lot of owners exposed to several risks. Most of the time, you have no choice but to overpay for insurance coverage that you do not necessarily need. However, the policies above can help you keep your business afloat while waiting for the insurance industry to design specialized insurance policies.
At InsureYourCompany.com, we can help you secure the proper insurance coverage for your cannabis business. We will also help you get all your documentation in order, thus ensuring that you are compliant with both state and federal law. Ensure you contact us today to help you employ the right strategies to cover your business. With our help, you can avoid legal issues and loss of business in the cannabis industry.
Adipisicing elit, sed do eiusmod tempor ncidi quia conseq uuntur magni dolores eos qurti uptatem sequi nesciunt.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute iruLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod
InsureYourCompany.com has been treating clients like family for over 15 years. You’ll never have to talk to an automated phone system—we have business insurance experts ready to provide personalized customer service, not only helping you with your insurance and employee benefits needs, but showing you how to be a smarter business owner.
If you are in the IT industry InsureYourCompany.com is the insurance agent you want to work with, we are technology insurance experts and have changed the way you do business. See below a list of professionals who we help today.
Lorem ipsum, or lipsum as it is sometimes known, is dummy text used in laying out print, graphic or web designs. The passage is attributed to an unknown typesetter in the 15th century who is thought to have scrambled parts of Cicero's De Finibus Bonorum et Malorum for use in a type specimen book. It usually begins with:
We believe in supporting our clients through every step of the insurance process. From choosing the right coverage to filing a claim, we are here to offer guidance and support. Request a free quote today and get coverage that meets your unique needs.
