GAHZLY

It doesn’t matter what kind of industry a business is involved in: there is always the potential to be held liable for some incident or another – especially in this sue-crazy society. You never know what kind of claim your company might be faced with, whether it’s due to alleged negligence or wrongdoing. Depending on where you live, you’re probably required to have at least basic commercial business liability insurance. There are different levels of Commercial General Liability and you need to learn the difference between occurrence-polices and claims-made policies. The former covers claims as long as the events regarding the claim occurred during a specific time period. The latter provides coverage over a specific period of time, EVEN IF the event occurred prior to the purchase of that coverage. Some insurance companies offer business policies that cover specific types of liabilities based on the industry. If you’re a tech consultant, for instance, and don...

If I had my way, every executive summary would be in first person. But then the world hasn’t gotten around to seeing it my way, yet. Whether you write your executive summary in the first person or third person usually depends on your relationship with the client. It’s like this. The larger the organization, the more likely the third person will be used – a more formal tone. The more familiar you are with the client, and the better the relationship, there’s a good chance your executive summary can be written in the first person and be more informal and conversational. For entrepreneurs, this tends to be truer with small business clients with whom they have worked and built relationships. But – keep this in mind. Whether you use the first person or the third person in your executive summary, the choice is relationship driven. If you have a great relationship with the senior management of a major organization, you might use the first person. That is – I,...