Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bobby L. Hickman is a longtime business and financial journalist who brings decades of ...

When someone serves on a business’s board of directors or is a company officer, they represent that organization. If their actions are perceived to have an adverse effect on the company, they’re ...

Liability insurance covers legal fees and settlement costs in case of lawsuits. Businesses may need several types. Liability insurance protects your business if it is sued for doing something, or ...

General liability insurance can protect your business if you're held liable for damages or injuries to a client or customer.