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Insurance is something you buy to protect your business from costly claims. Slip and fall accidents or injuries caused by your products or services can lead to expensive claims. Business liability insurance protects your business.
Some insurance is required. For example, if you sign a lease, the landlord may require a general liability policy to protect the property. If you have any employees, you are required by law to get a workers’ compensation policy to protect them. Check with a business insurance agent for information on policies to protect your business from costly losses.
at last
Starting a Utah business is fun, but don’t skip important steps like registering your business or getting an EIN. These are the necessary steps to incorporate your business in Utah. Follow your business plan and use it even after you start operations to ensure you are on track with your goals and objectives.
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