Goofs and Blunders

Do you know whether you or your business would be considered a "professional" by our legal system and by your customers or clients? If you give advice of almost any nature and/or advertise yourself as an expert, you will most likely be considered a professional under the law. This also means you will be [...]

Your Personal Insurance

Two important questions are often misunderstood when I am asked about personal insurance. Recently, a client asked, “I have replacement cost insurance on my house, so I’m in good shape, right?” Then he added, “Because I have high liability insurance limits for my business, I don’t think I need a personal umbrella.” The yellow [...]

Vendors = Hidden Risks

Vendors, suppliers, service providers, and consultants have become indispensable to many businesses. "Vendor" is a generic term for many sales and service providers, such as couriers, cleaners, accountants, bookkeepers, strategy or insurance consultants, lawyers, insurance brokers, outsourced HR, IT gurus, engineers, architects, contractors, handymen, and etc. Not only does outsourcing move costs from “fixed” [...]