 Running a business is never as smooth sailing as everyone thinks, just ask Bob who was caught up in a series of unlucky events that forced him to close his construction company. The first incident that Bob experienced was after he had locked up the offices after a long day at work on a Wednesday, only to realize on the Thursday morning that some of his personal and business electronics had been stolen. After searching the premises for anything else that had been stolen, he found out that some tools that his workers used in construction had been stolen too. In days following that incident as Bob was trying to find enough money to replace all that was stolen, a fire at the company broke out. Nobody was injured, but the fire destroyed valuable papers and business documents as well as a lot of furniture. As Bob was trying to get his company out of this financial ruin, a middle-aged lady came in to enquire about potential construction that she needed to occur on her home. While she was leaving the premises, she tripped and landed awkwardly causing her to fracture her left arm. This incident required legal action on behalf of Bobs company and cost the company a lot of money that they did not have at the time.
Although Bobs incidents do seem like a string of bad luck, they are all very possible. If Bob had Business insurance maybe he would not have needed to close down his company since most of the costs would have been covered. To find out more about Business Insurance call a Trout Insurance Agent today and help your business stay safe.
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November 2019
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