Business

posted by .

Assume the role of a small business owner. You have little funds to put into insurance and protection for your company. You have to decide where your extra funds will be stretched. Is it more important for you as a business owner to protect your business from criminal activity such as break-ins and robbery, or liability issues, such as slipping and falling? Provide examples to support your answer.

As the owner of a small business with limited funds I think that is would paramount to protect my business against liability issues.

  • Business -

    I agree. Liability issues can be far more expensive than lpsses from robberies. Therefore, liability insurance should be a priority over theft insurance.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Accounting

    When the owner of a company invests his personal funds into the business, would it be entered as a credit to his drawings in the Ledger or would it be entered in a new column under the company's revenue?
  2. Accounting

    If the owner of a business invests personal funds into the business, will it be a credit to his drawings?
  3. Accounting

    If the owner of a business invests personal funds into the business, will it be a credit to his drawings?
  4. entrepreneurship

    1- Which entrepreneurial/small business owner characteristics does Bill have that may be important to his success?
  5. Statistics - Probability

    A mutual fund company has six funds that invest in the U.S. market and four funds that invest in foreign markets. An investor wishes to create a mutual fund portfolio composed of two U.S. funds and two foreign funds. Unknown to this …
  6. FInance

    Assume that you have $10,000 which you plan to invest for 3 years. How much more would you have if you invested the funds at 10% with annual compound interest versus 10% with simple interest?
  7. Personal finance

    Investing in which of the following funds will give you the least diversification. A. Growth Funds B. Capital appreciation funds c. Equity income funds d. sector funds
  8. economics

    Mutual funds are attractive to small investors because (a) the funds offer a guaranteed return on investment (b) the funds are insured by an agency of the US government (c) the funds offer the opportunity to share in an investment …
  9. Personal Finance

    if you anticipate strong economic market conditions, you may want to __________ . A. shift more funds to bond mutual funds B. allocate more to cash C. shift more funds to bonds D. shift more funds to stocks Is A correct
  10. Social Studies

    You are a small business owner in Russia. You must pay bribes and protection fees to officials and the Russian mafia. Which circumstance is the most likely consequence?

More Similar Questions