In commercial transactions, personal guarantees are standards in business practices. However, most times, they are misunderstood and can pose great risks. It is an agreement one party has to answer for default, debt of miscarriage of another partner. Even though it is good to … [Read more...]
These Four Things Are What Every Business Needs
The fact that you’re reading this article at this moment tells me one thing: You are on to something big and great. For starters, I know that you’re considering or trying to make your debut as a businessman or entrepreneur. And my lucky guess is that you’re also a little … [Read more...]
Is Your Business Prepared for a Natural Disaster?
I was chatting with a friend the other day and she happened to mention that she had spent the afternoon with her lawyer discussing what she would do if her business was struck by a natural disaster. Of course, she has business insurance, and is also covered through her rental … [Read more...]
How Surety Underwriting Works
The world of surety underwriting can be complex and mystifying, especially to someone with little to no experience in running a business that requires a surety bond. But it's not all black magic and voodoo -- in fact, once you know the score, it's pretty straightforward. Here's … [Read more...]
Smooth Beginnings: 4 Tips for Lowering Your Expenses When Starting a Brick and Mortar Store
Image source: Pexels Starting a new business can come with quite a number of challenges. High capital and expenses costs are among the main challenges most startups are likely to encounter. And starting your brick and mortar store is no exception. You’re probably going to … [Read more...]
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