By Tyler Hunter If you’re a small business owner in Missouri or Arkansas, you’ve probably heard the term “BOP” thrown around by your insurance agent. A Business Owners Policy is one of the most efficient ways to protect your company…
By Tyler Hunter If you’ve ever tried to figure out whether your business counts as “small,” you’ve probably run into a frustrating truth: it depends who’s asking. The Small Business Administration defines it one way. Your bank might define it…
By Tyler Hunter Forming an LLC can help separate your business obligations from your personal assets, but an LLC is not a substitute for business insurance. The business can still be responsible for injuries, property damage, employee accidents, professional mistakes,…
By Brandon Thompson, CWCA — CEO, MBG Insurance | Bentonville, Arkansas Northwest Arkansas might be the best place in America to start a business right now. New restaurants, new contractors, new trades, new shops, new suppliers — this region is…
You did the smart thing. You talked to your attorney, formed an LLC, and deeded your rental property into it. You put your rental in an LLC, but the insurance is still in your name. The whole point was separation…
Protecting Your Cards, Your Store, and Your Community The collectible card business has exploded. Between vintage sports cards, graded Pokemon cards selling for five figures, and the steady popularity of Magic: The Gathering, card shops today are holding inventory values…
By Kirk Reisner, AIC — Partner, MBG Insurance Talk to enough small business owners about insurance and you hear the same frustrations on repeat. “I never hear from my agent until renewal.” “My certificate requests take a week.” “I got…
Is That Contractor Really Covered? How to Verify Workers’ Compensation Insurance in Missouri By Kirk Reisner, AIC — Partner, MBG Insurance I started my insurance career as a claims adjuster before I ever sold a policy, and I’ll tell you…
If you’re a general contractor in Missouri, you’ve heard every version of this argument: “I’m exempt.” “I’m just a one-man shop.” “I’ve never had a claim in 20 years.” “You’re the only GC who asks for this.” Here’s the problem:…
8 Situations That Warrant a Quick Heads-Up One of the most common questions we hear from business owners is some version of: “What should I be watching for? When do I actually need to call you?” It’s a great question…
