Even good businesses have all kinds of bad days, and to protect against those bad days you need to look into being fully insured to weather any storm! A lot of businesses don’t go under only due to a lack of customers, but it sometimes can happen due to accidents and other mishaps that causes business to just disappear!
According to the Small Business Association, 20% of all new businesses fail within the first year, 50% within the first five years, and 65% within the first ten years! Although this is not a doomsday scenario for all businesses, it still shows that running a small business is hard to do! Why not make it easier on yourself and your peace of mind by fully insuring your business to prevent the financial damage a single accident can cause?
Roadblocks and speed-bumps come in all different shapes and sizes. Whether it be a hacker looking for your customer’s credit card information, a man slipping on a rug to cause a claim, or an employee getting hurt from doing something on the job—it is always best to be prepared for the worst so you can keep going, and make it to the coveted 35% of business that make it past 10 years!