The New Startup: A Modern Guide to Launching a Business Quickly and with Minimal Cost by David Pike

The New Startup: A Modern Guide to Launching a Business Quickly and with Minimal Cost by David Pike

Author:David Pike [Pike, David]
Language: eng
Format: epub
Publisher: Acacia Books
Published: 2018-02-06T23:00:00+00:00


Insurance

As your business starts to make sales, you should consider purchasing general liability (GL) insurance for your startup. This will protect your company’s assets in the events of lawsuits and claims. The average cost of GL insurance is $500–$1,000 annually, which may seem expensive, but it can save you a fortune down the road. If you have a service business, some organizations will require that you have insurance before hiring you. Search online to compare quotes from insurers offering GL insurance.



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