Insurance Archives - America's SBDC

America’s SBDC Blog

A “Forbes 100 Best Websites for Entrepreneurs”

Honoring Veterans Day: How Gild Insurance Supports Veteran Entrepreneurs

November 20, 2024

As we celebrate Veterans Day, it’s a fitting time to honor the men and women who have served our nation and recognize the unique perspectives they bring to the business world. Veterans often enter civilian life equipped with resilience, discipline, and a sense of duty—qualities that make them exceptional entrepreneurs. At Gild Insurance, we understand that Veteran-owned businesses play a vital role in our economy, bringing innovation, dedication, and leadership to every industry. This Veterans Day, we’re proud to highlight how we support Veteran entrepreneurs with insurance solutions designed to protect their hard work and support their growth.

Important Small Business Announcement: SBA Deadlines for PPP and COVID EIDL Borrowers

February 27, 2024

Did you receive a PPP or COVID EIDL loan from the U.S. Small Business Administration (SBA) for under $100,000? SBA will begin referring defaulted PPP and COVID EIDL borrowers with loans under $100,000 to the U.S. Treasury Department and the Internal Revenue Service for collection beginning March 4, 2024.

Impacted borrowers must take action before March 3, 2024.

Take The Quiz! 3 Questions To Identify The Essential Business Insurance Coverages For Your Small Small Business

August 28, 2023

By Gild Insurance

Introduction

Starting and running a small business comes with its own set of challenges and risks. While you focus on growing your business, it’s crucial to safeguard it against unforeseen events that could potentially disrupt your operations. This blog post will walk you through the essential types of business insurance your small business should consider and provide a quick quiz to help you make informed decisions on how to protect your business’ future.

Commercial Property Insurance for Small Businesses

December 22, 2020

By Susan Guillory –

As a business owner, one of the many important things you need to consider is business insurance. While there are several types of insurance coverage you might benefit from, one to certainly consider, if you own business property, is commercial property insurance.

What is Commercial Property Insurance?

Just like you might have homeowner’s insurance or coverage for personal assets, you can get commercial property insurance to protect any business property you own from things like theft, fire, vandalism, and storms.

What is Covered Under Commercial Property Insurance?

The first thing that comes to mind when you think of business property is probably the real estate you own or lease for your business. That certainly can be covered by a commercial property policy, but coverage can also include: (more…)

4 reasons why canceling restaurant insurance is a big mistake

April 28, 2020

By Insureon Staff –

If you’ve had to temporarily close your restaurant during the COVID-19 pandemic, you might be tempted to cancel your insurance to save money. This could cost you more in the long run – and expose you to risk.

The coronavirus pandemic is devastating to restaurant and bar owners across the country. While some food and beverage businesses are offering curbside takeout and delivery to offset losses during the temporary shutdown, the financial toll is staggering.

As you explore every avenue to cut costs, you may wonder if canceling one or more of your restaurant’s insurance policies could help. The money you may save now could cost you more down the road.

Before canceling anything, consider these drawbacks. (more…)