After investment of too much money in new business, you can protect your investment by the following given ways.
Think about Insurance:
- Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your business, your income and your commercial risk.
- Before you choose an insurance policy, you’ll need to look at each type of insurance and work out if it’s something that your business needs. Some type of insurance is given below for reference.
Various Insurance Types:
- Worker Compensation
- Third party personal injury (Motor Vehicle)
- Life, Accidental or Health Insurance
- Business interruption or loss of profits
- Building and Contents
