If you own a business you must assess your risks to decide if self-insurance is the wisest way to save money and protect your business. As you may know, worker’s compensation insurance is required in all states. What you may not know is there are loopholes that will allow you to save on your...
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As you review your business overhead costs, you will notice several areas where you can save for higher profitability. When you are cutting costs, it is important to assess the risks that may arise because of the changes you are making in your business plan. One area some risk management team members review is...
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Are you the risk manager of your company? Are you responsible for analyzing risk and protecting your company against financial harm? Mid-sized businesses are responsible for carrying worker’s compensation. Some jurisdictions allow mid-sized businesses to consider self-insurance if the company has enough resources. Your company trusts your judgments on how much risk is too...
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Many people are starting their own companies. A person who starts his or her own company has the freedom to be his or her own boss. Starting a company also enables one to do the type of work that he or she wants to do in the way that he or she wants to...
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