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  • Importance of Liability Insurance for Dangerous Services Like Tree Removal

    tree removalRunning a tree removal business without adequate liability insurance is not wise and you must have it to run it successfully. There are a lot of factors that affect the viability of a tree removal  business such as reliability of services, clarity in invoicing, experience & qualification of the staff, etc. But, there are also some hidden factors that decide the success or failure of a business. One such thing is setting the right coverage in your liability insurance.

    What is Liability Insurance?

    Liability insurance is the insurance paid to damages caused by a person, material or automobile to a person, material or automobile when the work is in progress.

    It is of many types such as General Liability Insurance, Automobile Insurance and Workers’ Compensation, etc. among which the workers’ compensation is the most expensive for a tree removal Greenville SC business to buy.

    • General Insurance: This liability insurance covers damages caused by unexpected and unavoidable accidents such as a tree falling on your roof. If the accident involves a vehicle or a person, then the damage could not be covered using General Liability insurance.
    • Automobile Insurance: If the damage caused is due to an on-road vehicle, then a third party automobile insurance could pay for the damages. Though it covers damages, it does not cover injuries or accidents to tree workers due to automobiles.
    • Workers’ Compensation: The most expensive liability insurance is the workers’ compensation. When a tree worker is injured or met with an accident at work, the workers’ compensation covers the expenses to be paid for treating the injury, loss of wages and any other damages to the worker. This is one of the most important insurances that every tree removal Greenville SC businesses should possess.

    Why is it important?

    Many companies have business cards that say just “insured” on it, but not what type of insurance could they offer to their customers. This may be considered as a way to trick customers to sign up with those companies for companies that tackle tree removal in Greenville SC. Because, if a company fails to cover the workers’ compensation or general insurance when some damages are caused at work, then all the expenses should be borne by the customer. And, the company that said it was “insured” may just vanish into the thin air overnight.

    Thus, liability insurance is an unavoidable part of any tree removal service in Greenville SC and issuing a copy of the insurance certificates to all the customers are sure to make them rely on your more than other companies.

  • Startup Financing to Launch a Flooring Business

    flooring charlotte ncFinding investors or another financing option for a startup requires skills, planning and great communication skills. If you are planning to become a service provider of flooring in Charlotte NC, then you should know where you can start sourcing the funds to start your business.

    SBA

    The Small Business Administration is your best bet to get low interest loans or to find potential sources for funding your startup project. Apart from loans, you can also find information on grants, licenses and other resources that are necessary to get a new business up and running.

    Friends and Family

    If you think that loans may make you stressed out, then you can get some help from your friends and family, and ask them to contribute what they can to start your business. Most of them might lend you money without any interest and may accept to take it back in flexible terms. But, be careful to talk things over about your plans of repayment to avoid misunderstanding in the future.

    Credit Cards

    The next best option apart from SBA and personal financing is to obtain a Business Credit Card. Nowadays, many startup business use credit cards to take care of their routine transactions, purchases, etc. The flexibility in utilizing partial value of the total limit and in repaying in easy monthly installments is the major advantages in choosing the credit card route over others, when the above two options are not feasible to start your flooring services.

    Angel Investors

    If you have a perfect business plan and if you are so sure that your project can make a positive impact on investors, then you can save a lot of interest money by taking your projects to venture capitalists and angel investors. Only projects that could stand out from other business models in the market could obviously attract any interest from such investors. Thus, you should be able to think laterally and come up creative strategies that are feasible as well.

    Lending Agencies

    Your last resort for startup financing could be lending agencies that might offer you business loans, but with a slightly higher interest rates. Even then, most lending agencies will check your personal credit score and repayment history to make sure that you are serious about paying the loan back.

    If you are planning to start a company that offers business services like flooring sales and installation around Charlotte, North Carolina then try the above options one by one, from the top.

  • 5 Ways to Beat a DUI Case

    win dui caseDriving a motor vehicle while under the influence of alcohol is a serious traffic offense that could attract heavy fines, jail time and other penalties. In other cases, a DUI charge could result in the suspension of your driving license. It is important to note that beating a DUI charge is quite a big challenge but that does not mean that you cannot beat the charges. Whenever you have been charged with driving while intoxicated, the first and most important step that you should take is to hire a DUI attorney who will represent you in court. When hiring a lawyer, look for one who is very experienced and knowledgeable with regard to DUI cases. The following are four ways on how to beat a DUI case.

    Defend your rights

    The law requires the arresting officer to read to you the Miranda rights. He should inform you about your right to a lawyer, maintaining silence or anything you say may be used against you in the court of law among other rights. In this case, if the arresting officer failed to read to you about your Miranda rights during the arrest, your case is most likely to be thrown out of court. Having a good DUI lawyer will help to ensure your case is dismissed on these grounds.

    Challenge breath tests

    For you to be charged with DUI, the law enforcement officers are required to measure your blood alcohol content (BAC). You will have violated the traffic laws if your BAC levels are anything above 0.08 percent. The law enforcement officer will use a Breathalyzer to conduct these tests. However, you should note that this gadget must be used in a certain manner. On these grounds, your lawyer can argue that that the correct procedure was not followed or that the breatherlyzer was not properly calibrated and therefore the results obtained were not correct. This would be enough to beat the DUI case

    Challenge field sobriety test

    Even if you failed the field sobriety test, there is still a chance that you can challenge the results in court. In most cases, the prosecution will rely on the results of the sobriety test as well as the testimony of the arresting officer against you. As you will realize in most cases, the sobriety tests are inconclusive and therefore unreliable. A good lawyer can disapprove these findings by stating that you have a medical condition or a physical disability. He may also challenge the qualifications of the arresting officer to conduct field sobriety tests.

    Challenge the stop

    This is probably one of the best defences that you can use against DUI charges. There must be a good reason as to why the arresting officer stopped you in the first place. The arresting officer can only stop you if he suspects you of traffic infraction or if he suspects that you have committed a crime. If he stops you for any other reason, then you stand a good chance of being exonerated from the DUI charges.

  • What You Need to Know When Hiring Wealth Management Firms in Toronto

    Wealth management firms are more prevalent than they ever have been before.  This can be looked at as a good thing–more individuals and family are seeking out solid, professional advice to help them navigate the complex world of investing.  However, this can also lead to confusion over how to look for a wealth management firm that aligns well with your financial needs as well as your personality.

    Though the entire process seems simple, the truth is that you also have to prepare for it. You cannot just hire someone to do the job while you sit doing nothing. There are things that you need to be familiar of as well if you want this endeavor to end up the way you wanted to. Here are some of the things that you might want to know to help ensure you find a good fit:

    1. Not all wealth managers are actually good at managing investments. Some of them are just good at marketing and talking a good game. This is the reason why they are being hired to do the job. Wealth management firms want to bring back more clients without necessarily looking at how they can potentially grow their clients’ investments. Of course, this is not the type of partner that you want for your investment. Insist on looking at their track record of either out-performing or under-performing the market for long time horizons.
    2. Be aware of the fees that you might incur during the process. You’ll want a wealth management firm that is up front and clear about their compensation structure.  Typical models include fixed fee, commission, or a standard annual percent of net worth.  Understand how the fee structure might impact your long term net worth.
    3. Related services. Some wealth managers focus only on growing your assets. A more comprehensive approach could benefit you in the long run, as you integrate your financial needs for things like insurance, retirement planning, real estate planning and others.
    4. Determine if your wealth manager is really concerned in making your investment grow or if he is just concerned over his personal gains. You don’t want to partner with someone who is selfish and has no intention to help you. Therefore, to be safe, you have to do a trial partnership. Some wealth management firms in Toronto such as ETF Capital Management offer this. When you get this service, then you will have enough time to determine whether or not you are heading towards the right direction.

    It is not easy to choose the best partner for investment management.  Given how hard you have worked earning and saving your money, take the appropriate time to shop around for a suitable partner who can help you safely invest and grow your money… so you can enjoy the fruits of your labor.