Small Business Development Center Day – March 18, 2020

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Tailored business insurance coverage with Preferred Mutual? That’s a good plan. That’s living assured.

The Small Business Development Centers (SBDCs) are the most comprehensive small business assistance network in the United States. With nearly 1,000 centers available to provide no-cost business consulting and low-cost training to new and existing businesses, small business owners, aspiring entrepreneurs and Preferred Mutual are celebrating!

Business is constantly changing; how consumers buy, find and use products are changing, which means small businesses need to keep up.  The Small Business Development Center (SBDC) network has been there throughout – helping small businesses succeed, and helping aspiring owners achieve their dreams!

Small businesses are the engine of our nation’s economic growth and it is important to continue to provide resources, training and education to help improve the lives of owners, their consumers and our free enterprise system. 

“Think BIG. Start Small.” 

The SBDC is celebrating their 40th anniversary, and is still recognized for providing high quality, effective assistance resulting in significant economic impact among small businesses and our nation.

One of the most important aspects of the SBDC is helping business owners create a business plan.

Every year, Americans start businesses with the hope of achieving financial success, independence, and personal fulfillment. Too many businesses believe marketing is their key to success, but having a solid plan combines all of the lifeblood and strategy of your business.

Protecting Your Personal Assets as a Business Owner

Whether you are just starting out or have been in business for years, the appropriate up-front planning can protect your personal assets. That means buying adequate insurance.

Preferred Mutual provides more than adequate coverage. In fact, with our Business Owner’s Policy (BOP), you can bundle coverages that most business owners need, including interruption insurance, property insurance, liability insurance, and crime insurance!

And it is as unique to your business needs as you need it to be.

That’s comprehensive coverage for your building and/or business property, business income coverage, and comprehensive general liability coverage, all of which can grow with you and your company.

If your business will have mechanical or electrical equipment, Preferred Mutual includes Equipment Breakdown coverage in your BOP which will cover the cost of repair or replacement, and any other property damaged by the equipment breakdown. 

Tailored business insurance coverage with Preferred Mutual? That’s a good plan. That’s living assured. 

This information is intended for educational purposes only and is not legal advice and/or an authoritative guide.

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