Video Series - Mistake #3 Business Owners Make: No Risk Mitigation

Videos | InspireHer: Plancorp Women’s Initiative | Business Planning | Small Business Planning | Business Insurance Planning | Risk Mitigation Strategies | Small Business Risks

 Sara Gelsheimer By: Sara Gelsheimer
Join Senior Wealth Manager, Sara Gelsheimer, as she discusses the importance of being appropriately insured and provides considerations for mitigating risk in your business.

 

When running your own business, there are multiple forms of insurance to consider when it comes to risk mitigation:

  • General Liability
  • Workers Compensation
  • Errors and Omissions
  • Credit Insurance
  • Cyber Insurance

As a business owner it’s important to determine what risk you’re going to offload to an insurance company, and what risks you’re going to cover yourself.

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Complimentary  Worksheet Resources:
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Net Worth WORKSHEET

Goal Planning WORKSHEET

Cash Flow WORKSHEET

Estate Planning MEMO

 

Disclosure:

This material has been prepared for informational purposes only and should not be used as investment, tax, legal or accounting advice. All investing involves risk. Past performance is no guarantee of future results. Diversification does not ensure a profit or guarantee against a loss. You should consult your own tax, legal and accounting advisors.

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Sara came to Plancorp in 2013 with a strong financial background and an even stronger commitment to financial education—particularly for women. A Wealth Manager and Founder of InspireHer (Plancorp's Women's Initiative), Sara is also a new mom. More »