Starting your own business can be extremely profitable. In fact, some individuals earn a substantially higher income working for themselves than they would for a company. However, the process of actually establishing your business isn’t as easy as you may think. With a few simple tips and insurance from Bloomfield, NJ’s E.S.T.I.R. Inc. you can get started with the highest potential for success. 

Getting Proper Licensure 

You can’t just start offering your services as an electrician without getting the necessary licensure. If you want to start a business and work as a contractor, you need to get a general business license. You also may need specific business licensure. For some contracting jobs, you may need certifications to prove your credentials. 

Insurance 

Before you start advertising, you need to look into insurance. Insurance is necessary for contractors. It helps protect their assets in the event something should happen to a client’s property. For instance, let’s say you’re doing electrical work in someone’s kitchen. You accidentally drop the screwdriver and it tears through the person’s linoleum. Instead of the person suing you, the insurance you have covers the expenses. You can also utilize your insurance if you should happen to make a mistake on the job. 

Learning to Market  

In today’s technology savvy world, marketing is easier than ever. You may create social media pages specifically for your business and use your own personal page. You have the option of sites like Craig’s List to post an ad for your services. Linkedin is another excellent place. You create a page listing all of your information. Your name comes up in the search results, and you have the option to connect with other contractors and businesses in your area. 

Call E.S.T.I.R. Inc. today for a quote for insurance for your contracting business. We serve Bloomfield, NJ and the surrounding area and are available by calling 973-481-5300.

Commercial insurance covers a huge range of different aspects of your business including the technology that is required to keep your business going. If you have a commercial policy, it is always best to see just what the policy covers in order to understand entirely what your policy is going to pay for should you have to use it. If you live in the Bloomfield, NJ area, the agents with E.S.T.I.R. Inc. can help you to find the perfect commercial policy.

Keeping in mind that many businesses use some sort of technology to help them function, it is necessary that commercial policies cover the technology that is used to keep the business going. This means that commercial policies cover things like the computers that house the inventory, cash registers, office computers, anti-theft devices and more that are all used to help the business proceed with daily activity. If you have a business for instance that is destroyed in a fire, your policy would help to give you a monetary amount to help buy new computers and new technology to help recover the business.

A commercial policy is going to cover pretty much anything that is going to help your business run on a day to day basis. It is also going to cover inventory, the shelving and other display items, the building itself, and to a certain degree, can help pay for employee injury if something happens to your employees while you are at work. If you live in the Bloomfield, NJ area, the agents with E.S.T.I.R. Inc. can help you to find the perfect commercial policy for your needs so that you can be fully covered no matter what, even your valuable electronics that are used to keep your business running.