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As Seen on Bankrate.com Seven ways to Minimize your Small Business Risks

by Scott on September 16, 2009

Bankrate Small Business

Bankrate Small Business

I was recently interviewed for an article at Bankrate.com on how a small business could minimize the risks associated with running their business.  I wasn’t sure when it was going to run but it appears to be live now.

It covers Seven different ways that every business owner should be reviewing to minimize their risks.

1) Be Cash Conscious

2) Insure against specific risks

3) Change your insurance as your business changes

4) Insure your key people

5) Use contractual indemnification clauses

6) Give yourself an out

7) Create separate entities.

I think it is a very good article (given that I was a source in it I guess I am a little biased huh? )

I have included a link to the article here.  Bankrate Seven Ways to Minimize Risk in a Small Business Featuring The Wealth Squad CEO Scott Lovingood

Come back and let me know what you think about it.  If you have any other specific suggestions I would love to hear them as well.

Scott Lovingood Signature As Seen on Bankrate.com Seven ways to Minimize your Small Business Risks

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