Entrepreneurs Share the Tips that Helped Them Succeed
In every kind of business, people fail to think about risk, said Kurt Wiegert, a certified financial planner and president of Towson Wealth Management, “whether it’s insurance, investments [or] what is an exit strategy.” A onetime consultation with a CFP can put you on the right path in terms of protecting yourself. If your insurance is inadequate, the CFP can help you uncover that. Wiegert recommends considering liability insurance and errors and omissions coverage. You might want to see if some areas can be added to your homeowner’s policy.
CNBC.com, February 21,2020