Beauty Store Business

DEC 2017

Beauty Store Business provides solutions for better retailing! New products, industry news, savvy business moves and important trends affecting both brick-and-mortar and online retailers are included in each issue.

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Page 59 of 71

56 December 2017 | DragonImages Learn why you need it, what types there are and how to get the right policies for your business. By Dr. Steven Austin Stovall I nsurance—it's not a sexy topic, but it's a really important one to consider for cost savings and business protection. Each month, or each quarter, you likely pay your insurance premiums without giving them much thought. But with premiums hovering in the $10,000 to $20,000 a year or more range, it's an expense you need to monitor regularly. Commercial insurance, unfortunately, is rife with terms and phrases that are confusing at best. Understanding insurance is the key to monitoring its cost and negotiating better rates. The following information will help you get a better grasp on commercial insurance policies.

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