8 Types of Small Business Insurance

| NYC Business Group

8 Types of Small Business Insurance

A small business insurance policy could be the defining factor to your business' success or failure in case of unexpected events. A small business policy is one you hopefully will not need to use compared to a car or health insurance policy. However, it is unfortunate that 44% of small business owners have not purchased business insurance even after operating for almost a year. Buying the correct type of business coverage protects your products and business, from lawsuits and damage. Purchasing…

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Everything You Need to Know About Medicare Late Enrollment Penalties

| NYC Business Group

Everything You Need to Know About Medicare Late Enrollment Penalties

According to experts, you should enroll in Medicare as soon as you are eligible to avoid incurring late enrollment penalties. If you fail to enroll for Medicare, late enrollment penalties for Medicare Part A, B and D can add up to thousands of dollars in the long run. Ideally, most people become eligible for Original Medicare on their 65th birthday. However, one can become eligible earlier if they have a disability or suffer from end-stage renal disease (ERSD) or Lou Gehrig’s disease. The…

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A Step By Step Guide on How to Rent Your Property!

| NYC Business Group

A Step By Step Guide on How to Rent Your Property!

Some people consider becoming landlords because they have extra space, do not want to sell their house, want to pay a debt, or they have been temporarily transferred. Regardless of the motive behind renting your home, it is challenging to become a landlord. However, with proper planning and preparation, homeowners can minimize the hassles associated with renting a house and turn their homes into profitable ventures. Here is a step-by-step guide on how to rent your house successfully:

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How to Start a Consulting Business in New York

| NYC Business Group

How to Start a Consulting Business in New York

Starting a consulting business in the State of New York can help you earn a living or supplement your income. However, the process of starting a consulting business is not easy because it entails choosing a business entity, obtaining licenses and permits, handling tax issues appropriately, dealing with health and safety, handling policy statements and contracts, obtaining insurance, and dealing with your employees. Although some consultants have their own offices, some work at other people's…

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What to Look For When Shopping for a Renters Insurance

| NYC Business Group

What to Look For When Shopping for a Renters Insurance

There is a significant difference between renters’ insurance and landlord's insurance. If you are a tenant, to protect yourself financially, you need renters or tenant’s insurance. Landlord's insurance is used to cover the cost of repairing a building in case of fire or any other damage. Renters insurance has three types of financial protection, namely: Liability protectionCoverage for personal possessions Additional living expenses  Regardless of the financial protection you are…

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