Starting a business requires not just generating revenue but also securing it with various business insurance plans that protect against unexpected events.
A significant 75% of small businesses do not have a disaster plan, and 52% of owners require a month to recover from a disaster.
Cash flow shortages can stem from various issues, including seasonality or late client payments, and they are often overlooked in business planning.
Minimizing daily operational risks increases the chances of business success, helping to avoid becoming just another statistic among small businesses.
#business-insurance #cash-flow-management #disaster-recovery #small-business-strategy #risk-management
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