​Running a business means additional preparation for potential risks that may occur in your company. Some of these hazards can either cause severe damage or destruction of a business. Below are common risks that firms face.

​Your business, no matter how small it is, should be properly insured. Not only it protects your finances but also you, as a business owner, and your employees. Hence, in this article, we will discuss the ten types of business insurance that small business owners should have:

​In today’s trend in the marketplace, people seem to pay more attention to a company’s input when it comes to social responsibilities than they are in what the company is selling. This means good news for anyone who wants to incorporate the environment into their business venture. If you are an entrepreneur and a nature-lover at the same time, here are eco-friendly business ideas.

​In the business world today, social responsibility is incredibly gaining momentum. Startups, in particular, are taking great pains to be more socially responsible for various reasons. Whether it is assisting the poor, helping the environment, empowering women, or others, having a social cause can help everyone grounded in the company, not the mention helping your business strategy. 

Here are some reasons why a business that has a social mission succeeds:

​Your starting business may be small, but it is not a small decision. The risks you will be taking are significant, and here are primary steps to keep in mind before starting one. By following these tips, success is a guarantee.

​There are so many ways that your business can grow. You can merge with competitors or acquire them. However, this could be a gamble by itself as the possibilities vary from one sector to another. The better and more certain route is to go for organic growth. If you do this, your business will gradually not only increase in size but also in terms of profitability. Here is a list of recommended ways that you can achieve this. 

​Regardless of the size, every business is at risk of a crime. According to the experts, it is one of the most common problems that businesses face today. So as a business owner, you are prone to criminal acts such as employee dishonesty. 

Due to these criminal acts, your business could suffer from considerable losses. Know that general liability insurance does not cover some of these losses. Instead, they belong under crime insurance. 

​It is always a challenge for employers to hire great talent. If you want your business to attract and retain great talent, it is necessary that you have an environment where a lot of people naturally seek you out. People never leave their jobs. They always leave a narrow-minded, disgusting or overbearing employer. Many of them also leave because of confusion regarding their role or if the job cannot fulfill their purpose in life. Here are some ways that you can use to attract and retain top talent in your company.

​The very first thing an artist should ask himself is if he or she has a business plan. If you are an artist and if you want to make money out of your talents, then you must at least have a business plan. While most artists would not have any, a business plan is the best thing that can prepare the artist for a long career in business. It differs from a job because, in the case of a business plan, the artist will be working independently for selected clients. Here are top business plans for artists.

​Businesses need payment processors. Cash transactions just don’t hack it anymore. Everyone has their own new “cashless” method of transacting. People pay with credit cards, debit cards, Paypal™ or some other virtual method of transferring value. Here are some payment processes and the pros and cons that come with them.