Reducing the Risks of Running a Business

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.

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

Tom Copeland -­‐ www.tomcopelandblog.com