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Professional Liability Insurance Explained

Levelset

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Although public liability insurance is not a legal requirement, it should be regarded as essential. Your business plan should also identify potential risks that could result in cash flow problems.

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How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on.

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How to Start a Plumbing Business: 9 Tips for Growth

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on.

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How to Start an Electrical Business: 9 Tips for Growth

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on.

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Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss. Errors and omissions insurance, also called professional liability insurance, is one tool that contractors can use to transfer risk away from themselves.

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How to Start a Roofing Business: 9 Tips to Grow & Thrive

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Keep the cash flowing like water down a valley. You need to be a master of your cash flow.