Everybody loves a food truck! You can see it in their eyes as they walk up and excitedly scan the menu to see what tasty items are available. That enthusiasm is why many restaurateurs choose to have a mobile operation. However, these businesses face several types of risks, which is why food truck insurance is essential.

Operating a small business can be exciting and rewarding. It’s also inherently risky. Many types of unforeseen events can produce unexpected expenses, including workplace injuries, property damage, mistakes, auto accidents, and cyberattacks, to name just a few. That shouldn’t discourage you as a business owner, but it should prompt you to take action to protect your company. One way to do that is to create a risk management plan.

To succeed in business, you’ve got to understand and track many forces that can affect your company. One of them is changes in the economy. Consequently, you might find yourself wondering, “Is the business climate improving, or is the economy slowing down?” When the economic indicators are trending downward, you might think, “Are we in a recession?” Your thoughts might also turn to your company’s financial protection, leaving you wondering, “Is insurance recession-proof?”

As a business owner, one of your most precious resources is time. It often feels like there’s just not enough of it. While you can’t magically create more hours in your day, you can use the existing ones more effectively by leveraging proven tips for time management in business.

Many factors have come together to create a surge in home-based businesses in recent years. From the forced isolation of the COVID-19 pandemic to improvements in technologies like videoconferencing platforms and online payment systems, it’s easier than ever to operate a business out of your residence. However, there are still plenty of risks to consider, which is why home-based business insurance is essential.

As a company owner or decision-maker, you know that every small business faces risks. You also surely understand that you’ve got to protect your company from the financial consequences of things like employee injuries, customer property damage, lawsuits, professional mistakes, and much more. How do you do that? You need to compare business insurance providers and buy policies from a company you can rely on.

Running a small business can be exciting and rewarding. It can also be risky. Consequently, every small business should have insurance from a trusted provider to protect itself financially from the risks it faces. But, of course, you don’t want to pay more than necessary for that protection. One great way to manage costs is to create a strong safety culture at your company.

Cash flow refers to money moving into a business (like from sales revenue) and out of it (for critical expenses like rent, salaries, and business insurance). While it's important to focus on profit, cash flow can be a more real-time indicator of how a business is performing.

One of the most crucial types of insurance your company can have is business interruption insurance. It pays for certain business expenses (like continued normal operating expenses, including payroll) when a covered loss occurs.