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Inside Internal Controls

News and discussion on implementing risk management

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business insurance

Protecting your business from legal risks: a brief overview

For any business owner comes the responsibility to protect your assets and the reputation of your business. As you may know, reputation is everything when it comes to generating new clientele and keeping your existing clients. The implications to a business because of false or legitimate claims can be significant and in some cases can cause it to close entirely. Protecting your business and reputation from any such claims therefore needs to be considered at the planning stage, and regularly reviewed.

 

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Minimizing risk by having the proper insurance coverage and risk management practices

You can purchase business insurance for nearly every operation and risk your business faces. However, navigating the particularities of insuring your organization can seem daunting. Investing in insurance coverage is a necessary part of operating a sound business, whether your organization is for profit or not.

 

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