MANAGING BUSINESS RISKS Injuries to employees can be devastating for businesses, especially small businesses with fewer employees available to take on new roles when an injured worker is on leave. While workers compensation insurance will help pay medical costs and replace an injured employee’s lost income, your business will have to absorb costs associated with …
Tag: workers compensation
Dec 23
Small Business Safety – Part 2
Workers’ Compensation: Why it’s important for Small Businesses Writing a business plan, choosing a business location, financing your business, obtaining a tax identification number, business licenses and permits seems like a long list and a lot of work. Even after all those requirements are completed, there is still one very important element missing—Workers’ Compensation insurance. …