Insurance companies have a difficult task to handle. They have to determine who is making genuine claims, how much to pay those people in benefits and manage their holdings at the same time. If they pay out too much, it could hurt the business. If they don’t pay out...
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Understanding how government contracts work and your responsibilities
It’s possible for small, medium and big businesses to go after government contracts and to have the resources needed to complete that contract on time and up to standard. That said, government contracts are not the same as others and include a Statement of Work that...
5 benefits of a business succession plan
The idea of leaving your business can be hard to think about, but there comes a time every business owner will have to face the future. Preparing for what will happen to your business when you pass it on will ensure its continued success. A succession plan can help...
What rights do I have as a creditor?
As a small business owner, receiving full, timely payments is crucial to your operation’s success. You may have to pursue nonpaying clients but might worry about how to do so in a firm and effective manner. Knowing your rights as a creditor can help you strike such a...