Owning a business is always a risk. The risk is not limited to whether the business will flourish or not. It can also extend to how the people around you are affected. There are many variables beyond your control. From your employees actions to how your office was built, many things can go wrong. Below are some examples of how things can go wrong.
Business credit scores are like personal credit scores. The history of your company in handling of loans, paying suppliers and applying for credit are all factored in your scores in business credit. They report this information to business credit bureaus such as Equifax, Experian, and Dun & Bradstreet.
We sometimes forget to check our equipment, until one day it stops doing its job. As well as giving you inconvenience, it also cost a lot of money. Breakdowns can happen any time, so it is important to regularly examine your equipment and have equipment breakdown maintenance coverage.