Coronavirus is impacting the supply chain for craft businesses large and small due to factory quarantines and closures plus shipping delays in China.
In the company’s second quarter 2019 earnings report Michaels CEO Mark Cosby promised to serve the dedicated maker rather than the novice.
Any business that sells products to consumers must consider the risks of products liability claims: lawsuits filed by people who allegedly are injured or suffer losses from defective or improperly performing products. Getting product liability insurance can protect you if a claim is filed. Here’s what you need to know.
Many small craft businesses are unsure if it is worth paying out a few hundred dollars on insurance or whether they can get by without it.
It’s crucial to be prepared with the proper types and amount of insurance, and vital to add additional coverage beyond “general liability.” Here are some guidelines and things to consider for your craft business.
By understanding the insurance coverage options you have, you can protect yourself and your business against the unknown.