Legal and Insurance

RE: Disaster Recovery

kwarmack — Sun, 08 Jun 2008 13:27:04 GMT

I'd also like to add that it would be helpful for the organization to prepare a business continuity plan. This plan would be a road map for the employees and others to ensure that in the event of a catastrophe or an unexplained event ( the building is locked and you can't get to your office), the business can continue. The plan should be maintained in several locations including on a flash drive so that should the plan need to be activated, it can be accessed quickly.

Business continuity is an important aspect for any business both large and small. I urge all business owners to consider putting a plan in to effect and keep your going concern going.

RE: Disaster Recovery

akgold — Thu, 22 May 2008 21:56:49 GMT

This article raises many excellent points. With so many natural disasters happening in America (New Orleans), China (earthquake), Southeast Asia (tsunami), as well as terror attacks - New York, London, Barcelona, Israel, Iraq, etc. it is something to really think about. What if? What if flooding or some natural disaster destroyed some aspect of one's business? What is the plan? How is one's business protected? And backing up one's data and important files is very important too.

RE: Disaster Recovery

Bluesuit — Fri, 09 May 2008 21:02:21 GMT

With so many natural disasters occuring, you can never be too prepared and insured.

RE: Love Your Lawyer

akgold — Wed, 07 May 2008 17:05:13 GMT

I have been blessed to have my father who is a lawyer be a source of constant legal guidance for me. My sister and her husband are corporate attorneys and my brother does health law. From the time I was a young boy our dinner table discussions focused on the law and key legal points. Looking at the world through a good lawyers eyes changes your vision. On the converse, a bad attorney can really hurt you because in an area in which you thought you were protected you were actually exposed.

I think this article makes a really good point for those who have mixed feelings about lawyers. Also, growing up at our country club lawyers and doctors used to play golf together. Nowadays thats getting rarer due to the animosity between the two due to the amount of lawsuits against doctors and the cost of their rising insurance. It certainly does not hurt to know a good attorney, to respect what a good attorney can do to protect your business and to rely upon advice from strong legal council.

RE: Thinking about Inc-ing?

SoCalLawGuy — Mon, 05 May 2008 23:43:03 GMT

Really good read. thanks. I use an internet company to incorporate my clients called MyLLC.com, you can conduct a free corporate name check on their site . SCORE is also a great resource.

RE: ARE YOU COVERED?

akgold — Fri, 11 Apr 2008 01:24:14 GMT

This articles highlights the importance of getting business insurance. Taking a few minutes to read such helpful articles on the Community is helpful. As with other types of insurance, one must read the details of the General Business Owners Plan.

RE: ARE YOU COVERED?

knktconsult — Wed, 30 Jan 2008 06:43:45 GMT

This was an excellent article- very useful links as well.

RE: ARE YOU COVERED?

Generation4 — Fri, 25 Jan 2008 23:34:12 GMT

This was a very informative article. Excellent points made.

RE: ARE YOU COVERED?

Grow_Safely — Fri, 25 Jan 2008 19:44:18 GMT

Great article, but don't forget about Accounts Receivable Insurance! Most businesses don't know they can insure their Accounts Receivable and guarantee they get paid for goods shipped or services rendered. After all, the Accounts Receivable are probably one of the businesses largest assets. In addition, a business is much more likely to have a loss on their Accounts Receivable that from a fire.

RE: ARE YOU COVERED?

BDS INC — Tue, 22 Jan 2008 19:39:04 GMT

Good article - definitely speak to your provider about your coverage mark.