Make more, do more weekly tip #87

Protecting your Assets

Hello and welcome back to Make more, do more weekly tip #87. This week we are covering our series on “10 Tips for Start Ups,“ and tip #3 is… 

As a small business, it’s imperative that in addition to watching your cash flow, managing your start up costs and budgets, you’ll also need to protect your assets and interests. There are plenty of options to choose from when deciding on the right type of insurance for your business, but what about the liability of your business? Small businesses that provide a service to their customers, should definitely consider obtaining professional liability insurance to cover mishaps such as slander and false or misleading advertising.

Not so sure on how to start protecting your assets? It’s not that difficult, really. Many people have written articles online about tips for buying insurance or they are selling insurance options online, for small businesses such as yourself. So, either do some research and find the right insurance for your business, or if you already know what you want, then start looking for a provider. Short on time? Partner with a virtual assistant to help you narrow down your business insurance options. Time used wisely is the secret to success.

Thank you for stopping back by for Make more, do more weekly tips! Please keep your questions coming in. I look forward to answering them. To learn more about how Rhonda’s Virtual Office can assist you with your virtual assistant needs, please visit our website at http://RhondasVirtualOffice.com and click on the contact page to get in touch today. See you next week for Make more, do more weekly tip #88.


More in this series:

Managing your Startup Costs and Generating Cash Flow – Tip#1
Building your Business Budget – Tip#2
Protecting your Assets – Tip#3

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Christian Mom of 2, animal lover, your virtual business partner helping you create success in your business, owner and CEO of Rhonda's Virtual Office and Partner of One Life ... Plan-It! discovering new passions in my business everyday and loving it!

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Make more, do more weekly tip #87 — 1 Comment

  1. Pingback: MMDM #85 | 10 Tips for Start Ups | Cash Flow and Start Up Costs

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