It takes much more than basic handyman skills to become a skilled tradesman and business owner. But if you are interested in starting or growing a home improvement or general contracting business, there are some business insurance basics that you need to be aware of.
Depending on the nature of your work and whether you employ workers directly, you will need to consider several business insurance options. These range from general liability insurance to professional liability insurance and workers’ compensation insurance.
Learn About Business Insurance
- Types of Business Insurance: An overview of the kinds of business insurance policies to consider for your business.
- Insurance Requirements for Employers: If you have employees, you are required by law to purchase some types of insurance.
- Five Tips for Buying Business Insurance: Helpful information about finding and buying business insurance.
- Insurance Resources: Resources and educational materials that provide in-depth guidance on insurance matters, including links to state offices of insurance.
|The above is an excerpt adapted from the article, “Turn your Handyman Skills Into a Profession: Get Started!.” For more information, please visit www.sba.gov.|