| Risk management is an important element in | | | | personal finances, also, depending on the type of |
| managing your business. You have a wonderful plan | | | | business you chose.Banker |
| for your business, so you want to protect it against | | | | There may be a time when you need outside capital |
| risks.Qualified Advisors Help You | | | | for your business. You might need new equipment, a |
| Protect Your Business | | | | new computer/cash register, money for expansion, |
| It is essential that you find qualified advisors to help | | | | or cash flow management. If you have a relationship |
| you with the legal aspects of protecting your | | | | with a banker when you start your business, he/she |
| business. Interview your potential advisors to find a | | | | will know about your business when you need that |
| fit in personality, objectives, and business philosophy. | | | | extra cash or extra help.Attorney |
| Trust your gut feeling; you haven't become | | | | You need an attorney who specializes in business |
| successful in your business by ignoring your | | | | issues. The best way to find an attorney is to ask |
| intuition!Here are the four types of qualified advisors | | | | your accountant or banker for a referral. Business law |
| who can help you with business management and | | | | is a complex world, so it's important to start out |
| risk management concerns:Accountant | | | | right.The cost of finding advisors may seem high at |
| This is probably the most important advisor you can | | | | first, but should be included in the start-up costs of |
| have. An | | | | your business. Your advisors will save you money in |
| accountant will help you get your business off on | | | | the long run. You may find that your accountant can |
| the right footing. Not only will he/she set up your | | | | give you the advice you need to get started. |
| books, but you'll also receive help with management, | | | | Remember, "Better safe |
| tax reporting, and strategic planning.Insurance Agent | | | | than sorry."Writer and certified "tea professional" |
| Insurance is a complicated issue. Lawsuits abound in | | | | Sally Jones has been recognized by the Specialty Tea |
| our society and virtually all businesses are at risk. You | | | | Institute after attending a series of classes and |
| may also be liable for acts of employees or people | | | | exams and has been awarded its highest level of |
| under contract to you. "Better safe than sorry" is an | | | | certification obtainable at this time. She publishes tea |
| old adage that applies to insurance coverage with | | | | business information on her main website Tea |
| your business. Your liability may extend to your | | | | Business Guide. |