Don't forget insurance The dream of many entrepreneurs is a successful business, with sales and profits pouring in from deals with big customers. As these small business owners pursue those dreams, they also should be taking care of the mundane parts of running a company, such as buying adequate insurance coverage. The kinds of insurance you'll need for your company, and the amount you need to purchase, depends on the type of business and where …
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showed last 75 words of 444 total
…There are no names mentioned in this article. If your company is involved in manufacturing, you should buy product liability coverage. The Insurance Information Institute, a New York-based industry group, sells a book, ''Insuring Your Business,'' detailing some of the specific kinds of coverage that different categories of businesses need. For instance, it notes that retailers tend to make interior improvements to the stores they rent, so their coverage needs to reflect that investment.