Types of insurance solutions for your business

type of Insurance

Insurance is a critical aspect of owning and running your own business. All people know that they should have insurance, but it is not always clear what type of policy they need or why they might need it. Fortunately, this has been made easier with the infographic below, which gives the types of insurance needed for different businesses.

Commercial Property Insurance

If you run a business from space at your home or garage, then commercial property insurance is one to look into, as there are many situations where contents aren’t covered. While these kinds of policies can be complicated and expensive, take comfort in knowing that having the right cover could save you thousands if disaster strikes.

Business Interruption Insurance

Natural disasters do happen, and when they do, businesses can often be left struggling to recover. Business interruption insurance helps bridge that gap guaranteeing that if your business is temporarily shut down due to things like bad weather or lightning strikes. By applying for this insurance from reputable companies such as insurance solutions of America, you will be assured of receiving compensation.

Business Owner’s Policy (BOP)

 Many small business owners prefer a business owner’s policy to cater handle their commercial property, business interruption, and other covers into one affordable policy. However, those seeking this kind of protection should check with their current insurers as many won’t offer this type of package anymore because they view them as too risky.

Public Liability Insurance

Accidents are part of life. While you might not think they will ever happen to your business, they do, and that’s why having public liability insurance is so important. This type of policy will protect you should anyone claim your business, covering both bodily injury and property damage (including loss or damage to client property).

Commercial Auto Insurance

 In most cases, your vehicle insurance doesn’t impact your commercial policies. However, there are some instances where it can cause problems, especially when your rideshare company requires you to use your vehicle.

Prioritizing coverage for all five types of cover discussed above would be ideal. However, if you find yourself struggling with an insurance budget, prioritizing the three basic types listed above, that is commercial property, public liability, and commercial auto- would be the place to start.

How to Sell Your Belongings to a Pawn Shop

Pawn Shop

A pawn shop like Monte de Piedad is a place where you can sell your unused, unwanted items for money. For people low on cash, in-between paychecks, or struggling with debt, a pawn shop can be like a line of credit if you’re re-pawning items you already pawned before. According to the National Pawn Brokers Association, the average pawn at a shop nets about $150 for the original owner for a 30-day hold. If you’ve moved to a new apartment or are simply looking to get rid of a lot of property, there is a specific way you should pawn or sell as many of your unwanted belongings as possible.

Sell video games with low replay value

Unlike Grand Theft Auto 5Red Dead Redemption 2, and these 48 other video games with terrific replay value, some of the games in your storage might not be worth playing again. Do you have a collection of sports games from decades ago but now have an updated version with updated rosters? Perhaps those games can go. And of course, if you can exchange games for which you no longer have a console, you’ll be putting money in your bank account and supporting your local pawn shop at the same time.

Clear up clutter by selling old CDs and DVDs

Your CD collection probably looks great in your apartment. Stacked up nicely and neatly, you can see the edges of the small plastic boxes and the names of every artist or musician you’ve ever admired. But with CDs and DVDs come lost space and clutter, even if you have a bookshelf to hold the discs inside to keep them off the floor and free from damage. So, the next time you’re thinking of freeing up some space, consider swapping your CDs and DVDs for a few bucks. Remember, there’s a good chance you can’t pawn these kinds of items.

Sell small household appliances and jewelry for fast chunks of money

You can’t bring a refrigerator to your local pawn shop, but a coffeemaker, ironing set, microwave, or small air conditioner might do just fine. Coming in a little more than your everyday small items, you should be able to net payments pretty high in the double digits, especially for authentic journey and name-brand equipment. And like with CDs and DVDs, these items can take up a lot of space if you’ve found a better product. So, why not take the chance to get ahead?

Don’t bother trying to sell everything

Homemade arts and crafts, tiny trinkets, some toys, and items without any obvious value are going to be rejected or mocked, ultimately costing you money on transportation and storage. Don’t bother your pawn shop with trash and instead place anything you absolutely don’t want that has no clear value in the garbage. In the process, you may find other items that are a little more valuable sitting somewhere you couldn’t find them. As Screenrant reported, a Godfather script with an autograph once went for $12,000. So, you never know what you’ll find.

For whatever reason you’re coming in a pawn shop, locations like Monte de Piedad are always looking to make the best deals with customers. All pawn shops are great places to go if you find yourself sitting on a lot of property that you either don’t want or don’t need. Next time you’re prepared to get rid of some of your possessions, consider making some money at the same time by swapping the items at your local pawn shop.…

Great Tips For A Successful Home Business

Home Business

Making a home business is something that people wish to do because they dislike working in offices. If you have already opened your home business or if you are considering it, you will find useful information in this article that is sure to help.

Make the satisfaction of your current customers your number one priority

It takes much less effort to produce sales from happy repeat customers than it does to convince a new one to buy for the first time. Your repeat customers are the bulk of your business and when they are happy, they will keep coming back!

If you market products that are your own creation, price out how much it costs you to make a single unit. You don’t want to lose money by charging too little. A basic wholesale mark-up would be twice the price of your cost. A standard price increase for retail would be the wholesale price multiplied by two. You must find a price-per-product that you know will satisfy both your budget and your customers.

It is important to dress for success, even if you are just working out of your home. It is easy when you work from home to just stay in your pajamas all day. Dress up for work like you would for any other business. This can improve focus and productivity.

You should get business cards

Many online companies will make you business cards at little to no cost. Your cards should include all relevant information including your name, your business name and logo and your phone number. Don’t forget to include your website address and your email. All of this information gives current or potential clients multiple avenues for getting in touch with you.

A mailing list that you can use for your business is something you should develop. You don’t want to spam, though. One common use of mailing lists is to tell customers about new products and promotions. Others use mailing lists to inform customers, along with sending an ad. Make it simple for website visitors to sign up for your mailing list.

Affiliates can market what you’re selling for you

Swap affiliate links with fellow entrepreneurs as a way to boost everyone’s business. Also, you should join affiliate programs if you have products that you want to promote. This will allow you to increase your revenue without adding any inventory or other work for yourself.

Write a detailed business plan for your home business. It’s possible that you’ll make alterations to this plan as time passes, and you may wind up throwing it out completely. A business plan can act as a strategic guide and list of key goals for your company. You need to revisit your business plan and update it every once in a while.

Make sure your work environment is a safe one

You should make sure you have a fire extinguisher and smoke detector in your office. You should also have a computer set-up that properly suits you. Proper fire protection helps lower your insurance costs, while a well-designed computer desk and ergonomic keyboard can reduce your chances of developing a repetitive-motion injury.

You should realize that there are many ways to boost your productivity working from home. Just keep these tips in mind as you get down to work. Good luck to you!…