How Personal Mishaps Can Stunt Your Small Business’ Growth

Like many other small business owners, you may have most of your personal capital tied up within your business and view your personal and business wealth as one large pool. While understandable, this mindset can unexpectedly impact your overall wealth in the event of personal property damage or an accident.

Consider that something as small as a candle, left lit and forgotten too close to a wall or a cabinet in your home, can cost upwards of $350,000 in fire damages. To make matters worse, if you don’t have sufficient insurance coverage for your home, you may be left paying for part of those repairs out-of-pocket. Continue reading

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