Cleaning business owners understand the value of details. After all, it's likely your business's impeccable attention to detail that wins continuous client contracts. So when it comes to protecting your business, you're not one to overlook the fine print while shopping for business insurance. However, even the savviest business owners can be mislead by the amount of business insurance misinformation that thrives on the web — and without the facts, you may inadvertently leave your business exposed to serious financial risks.
Without adequate coverage, your business could be one liability lawsuit away from bankruptcy, especially if your business is charged with wrongdoing. For example, if you don't have business insurance and a client alleges in court that your employee stole a valuable piece of their property, your business assets and even personal assets can be collected to pay the settlement should the court rule in their favor.
Don't leave your cleaning business vulnerable to the whims of chance. Read on to learn the truth about business insurance and how you can safeguard your business against uncertainty.
Maid, Janitor, and Cleaning Services Business Insurance Myths Busted
The age of the Internet has been kind to small business owners, but the convenience of the web comes with some drawbacks. When researching business insurance, for example, the sheer amount of information may be overwhelming. Factor in the time it takes to fact-check your findings, and you may be sacrificing valuable time that's better spent on taking care of your clients.
Here are six pervasive business insurance myths and what you need to know to set the record straight.