All Posts tagged business insurance

Protecting Your Business’ Outdoor Areas

Protecting Your Business’ Outdoor Areas

How are you protecting your business outside?

Many business owners are concerned with protecting their business from the indoors out. However, protecting your business from the outside first will minimize the risk of theft or damage to the inside. It makes sense, right? For your business, it’s important to protect your outside property as well as the interior equipment, documents, and other important items.

Below are a few items that are outside your office that you should consider covering:

Offsite equipment: Does your business have expensive equipment? Items such as a sound system or machinery are often transported taken to jobs offsite should be insured in case of damage or theft.

Outdoor property: You may have some property that you always store outdoors and would cost more to replace than your business owner’s policy could cover. Everything from your satellite dish to fencing to the antennae can be covered. This coverage can also help to cover the expenses associates with heaters, tables, and chairs from perils.

Landscaping: Your outdoor area may be complete with a rock garden, succulent garden, trees, and water features. Protecting your investment to this area is just as important as protecting your tables and chairs. These items can be protected against theft, vandalism, and certain storm damage.

Exterior signs: You may want to consider adding these items to your business owner’s policy to ensure that if they are damaged in a storm or another listed peril, they can be repaired and replaced.

The best way to protect your property is to secure your premises. Lock everything up each night, install security cameras, and add extra lights where and when you can. These elements strongly deter thieves from entering the property, let alone vandalizing or stealing from it.

Additionally, contact the Insurance Agency of Dean Davis to secure your business insurance in Austin, Texas to protect your company from the outside in!

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How to Track and Manage the Expenses for Your Small Business

Many people believe that you can cut corners and take short cuts when it comes to running a small business.  The truth to this matter is that you cannot.  Running a small business is just like running a big business, small business owners should be aware of a few things that will help them manage the expenses of their small business.

Staying Organized

When it comes to tracking and managing the expenses of a business, the first thing that you should do is get organized.  If you are organized, it will be easy for you to keep a record of financial instances for your business.  Staying organized will help you in the long run, especially around tax time.

Separation

As a small business owner, you need to know how to separate business finances from personal finances.  If you do not separate the two, you may find yourself in debt for a number of reasons.  It will be in your best interest to open a bank account for your business and one for personal use.

Dig In the Paperwork

Many business owners do not like the sight of paperwork or the thought of completing it, but in the event of any legal matters, it all comes down to what is present on paper.  This is one reason why you should make sure that you stay on top of your paperwork.  Keep all of your documents and files in a folder and create a copy online for safe keeping.  You should have at least three copies of each document that involves your business.

For more information regarding business insurance in the Austin, Texas area, contact Insurance Agency of Dean Davis today!

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