Why It’s Essential to Have Business Insurance as a Business Owner

If you’re a business owner who does not have business insurance in place to protect your business, then it’s important to contact a commercial insurance agent as soon as you can. Even though you might not think that it’s a big deal not to have commercial insurance in place to protect your business, it is truly an essential for these reasons.

You Might Be Required To

For one thing, you might be required to have insurance in place. If you took out a loan to buy your commercial property, then you might be required to have certain types and levels of coverage. There are also federal and state laws in place about different types of insurance coverage that business owners are supposed to have, such as commercial vehicle insurance on vehicles that are driven for business purposes and workers compensation insurance to protect employees who might get injured while on the job.

It’s Not Always Overly Expensive

Business insurance is not always expensive. If you have held off on purchasing business insurance in Orlando because of cost, then try shopping around. Once you do, you might find that it’s cheaper to insure your business than you thought it would be.

Your Business Could Be Crippled if You Aren’t Insured

You might have put a lot of hard work and money into building your business from the ground up. If you were to lose your business for one reason or another, then you might be completely heartbroken. Plus, you and your family could be financially affected in a major way. Unfortunately, without commercial insurance coverage, your entire business could be lost in an instant because of a lawsuit or a natural disaster, among other things. With insurance, though, you can help make sure that your business is protected against whatever bad things might happen.

Having business insurance is an essential if you’re a business owner, whether you own a business that is large or small. Talk to a commercial insurance agent to find out more about the business insurance options that are available to you and that might be right for your business.…

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Why You Should Consider Hiring Millennial Agents

Millennials made up 32% of the home buying market in 2015—the largest generational market—as they made up 68% of the market for first time home buyers. The typical purchaser is 33 years old.

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According to realtor.org, however, the average realtor with some college education is roughly 57 years old. Check out these statistics concerning this generation:

• Their buying power is around $170 billion per year.

• Millennials will account for half of the workforce in the U.S. by 2030.

• There are roughly 79 million millennials around the U.S.

• 31% of Millennials state that they make enough of an income to have their desired life.

With the increasing number and sheer influence millennials have in the market, your business has to adapt to the changing desires, needs and preferences of this generation. Read more about florida funding mortgage at https://floridamortgagepros.blogspot.com.

Although many older brokers and agents have made great leaps when it comes to keeping up with technology and the shifting tides of the market, recruiting real estate agents from this younger generation can be a valuable investment.

Now is the perfect time to concentrate on recruiting millennials and here are some tips to do just that.

Connect With Them in the Real World

Real estate is—first and foremost—a face-to-face endeavor. Even though it often seems like millennials use most of their time with their smartphones, they value real relationships just as much as anyone. If this is a potential employee of your business, wouldn’t you want to know them personally anyway? This is how you can engage with qualified prospective hires in-person:

• Join a young professionals network near you. When there isn’t one in your area, be the first to start one! When it seems like it might not be “age appropriate” for you to mingle with this group, see if someone in your office who’s “young at heart” could be your spokesperson.

• Try to recruit individuals from associated industries like finance, insurance, title, escrow and mortgage.

• Join a sales group near you. They’re used to working on a commission-style basis.…