Do You Want to Offer Group Health Insurance?

| NYC Business Group

Do You Want to Offer Group Health Insurance?

Over a period, companies have realized that employees are an integral part of their success. As a result, they have devoted their resources to taking care of them the best way possible. Health insurance is one of the most sought after benefits a company can offer. However, some people do not know why employers offer group health insurance. Small companies with less than 50 full time employees are not required by law to offer health insurance coverage. However, some still find it necessary to…

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When Should You Update Your Commercial Auto Insurance?

| NYC Business Group

When Should You Update Your Commercial Auto Insurance?

In the dynamic landscape of business operations, the importance of safeguarding assets cannot be overstated. Among the crucial aspects of business protection is commercial auto insurance, an insurance policy that protects vehicular operations. Although purchasing an insurance policy is prudent, there are other things you should remember. It is important for business owners to regularly reassess and update their commercial auto insurance policy to guarantee comprehensive coverage and mitigate…

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What are the Common Types of Business Health Insurance?

| NYC Business Group

What are the Common Types of Business Health Insurance?

Health insurance continues to skyrocket in the United States. With a good health insurance policy, you can benefit from physician services, home care, and hospital care. Typically, small companies are not obligated to offer health insurance. However, companies with more than 50 full-time employees are required to offer health insurance. Companies usually offer one plan or several plans to their employees depending on the company size, coverage offered, and cost among other factors. Here are the…

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Professional Liability, Explained!

| NYC Business Group

Professional Liability, Explained!

As a business owner, you strive to improve your business daily. It could take months and sometimes years to achieve a sustainable level of success. It will be a waste of all your hard work if a hateful comment from your employee to your customers lands you in court battling a lawsuit. That is why most business owners protect their business with professional liability insurance. You should highly consider getting insurance if you sell your services. 

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What is the Difference between an Individual Contractor and Sole Proprietor?

| NYC Business Group

What is the Difference between an Individual Contractor and Sole Proprietor?

If you are thinking of starting a business or entering into contractual agreements, it is important to understand certain terms. A sole proprietor and an individual contractor are two common and confusing terms. Although they may seem similar, they are different. In this article, we will help you understand the two terms to help you make informed entrepreneurial decisions.

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