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Reducing the Risks of Running a Business |
I. Self-Protection Checklist
- Comply with all regulation rules.
- Follow your own policies.
- Screen parents before enrollment.
- Communicate regularly with parents.
- Screen helpers. Follow business practices—medical release forms, field trip permission forms, parent evaluations.
- Report child abuse or neglect/Communicate with regulators. Get insurance to protect yourself from major risks.
II. Insurance
- Homeowners
- Business Property
- Business Liability
- Car
- Medical—Medical Savings Accounts and medical reimbursement plans
- Disability income
- Workers’ Compensation
- Long-term care insurance
- Umbrella liability
- Life
This handout was produced by Think Small (www.thinksmall.org).
For Tom’s entire publications visit: NAFCC Store (NAFCC members receive a discount)
Tom Copeland This email address is being protected from spambots. You need JavaScript enabled to view it. Phone: 801-886-2232 (ex 321)
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Blog - http://www.tomcopelandblog.com
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