Business Insurance, Insurance

Evaluating the Pros and Cons of Self-Insurance for Small Businesses

Overview As small businesses navigate the labyrinth of financial decisions, one question often arises: to self-insure or not? It’s a conundrum that demands careful consideration, weighing the potential benefits against the inherent risks. Self-insurance entails setting aside funds to cover potential losses instead of purchasing traditional insurance policies. While this approach offers certain advantages, it’s […]