Landscaping is a physically demanding job that requires your team to work with sharp tools, heavy machinery, and potentially hazardous chemicals. As a result, it’s essential to prioritize safety to protect your team and your business. But, what can you when assuring safety amongst your landscaping team is your first priority?
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Landscapers spend a significant amount of time on the road traveling between job sites, which increases their risk of accidents and other vehicle-related incidents. As a result, commercial auto insurance is an essential coverage for landscapers. However, with the rising cost of insurance premiums, it’s essential to find ways to save money on commercial auto
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As a contractor, it’s important to carry adequate insurance coverage to protect your business from unexpected events and to fulfill your clients’ requirements. At the same time, you don’t want to pay too much. In fact, many contractors are unaware that they might be overpaying for the coverage they have and may not be getting
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As a contractor, you understand the importance of protecting your business and employees. Whether you’re a plumber, HVAC technician, electrician, roofer, or general contractor, you must purchase a wide range of insurance products to secure your business and employees. But, how do you obtain business insurance for a contracting firm? Use these tips to work
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Working in an auto shop is a physically demanding job that comes with inherent risks. While no one wants to consider it, there’s a chance that anyone in the shop could be hurt at any time. According to the Occupational Safety and Health Administration (OSHA), auto shop workers face numerous hazards that can result in
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The automotive industry seems to be experiencing a phenomenon known as the “Great Resignation,” where many employees are quitting their jobs in search of better opportunities. This trend is not unique to the auto industry, but it‘s a holdback all the same. It’s important for auto industry employers to focus on employee retention strategies to
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Managing a tire shop or dealership comes with its own risks and exposures. As a tire shop owner or manager, you must protect your business financial losses or even closure by carrying a bit of financial security—namely, insurance coverage. Not only is insurance the best way to ensure your tire shop is protected against risks
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The Benefits of Saving in a Retirement Plan or IRA Why should someone save in an IRA or a retirement plan, instead of a regular savings account? Individual Retirement Accounts (IRAs) and retirement plans provide tax advantages that a regular savings account does not. There are two types of tax advantages: Pre-tax: Making a traditional IRA contribution
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Safe Harbor 401(k) Plan Basics A safe harbor 401(k) plan is simply a 401(k) plan that includes a safe harbor feature. There are a few options when it comes to the safe harbor feature, but by electing this feature, the employer commits to making minimum contributions to their employees. This is a very popular feature
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SIMPLE 401(k) Plan Basics In Part 5 of this series we looked at the specifics of the SIMPLE IRA plan. Now let’s examine its “close cousin,” the SIMPLE 401(k). A SIMPLE 401(k) plan is a combination of a regular 401(k) plan and a SIMPLE IRA. When would a business choose this plan over a SIMPLE IRA or
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