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Most business owners secretly long for the day when they can wake up in the morning and make a decision (without any guilt) to take a “floater day” from the office,  and all the responsibilities that would entail.  So what’s stopping them?  Simple answer, the noise that exists that they cannot turn their back on. [...]

Thunder Bay Insurance is proud to present the following seminar on Thursday, June 2, 2011.  Business owners and those who deal with business owners will learn “What Every Business Owner Needs to Know About Risk”. To register contact Ashleigh Quarrell by May 27, 2011(346-3649 or aaquarrell@tbayins.ca)

An invitation to join a Board of Directors once signified that a person had attained a certain prominence in business or the profession. The business acumen of the individual was being sought to enhance the profile of the Corporation. Such an invitation was usually accepted, not because of the financial rewards but because the post [...]

It’s no secret that the WSIB is looking for ways to tackle its $12 billion dollar unfunded liability, and its strategy is started with rate hikes for 2011, especially for the construction industry. It’s a complicated issue, with frustrations on all sides: injured workers are faced with strict rules, employers with ever growing rates and [...]

Do you find yourself at a point in your career where you assumed you would be reaping the benefits of your hard work and dedication, but instead you find yourself: Working longer hours Waking frequently during the night, or not getting to sleep Feeling the weight of the success of your company on your shoulders [...]

1. Seek the Advice of a Professional Risk ManagerThe first and easiest way to start implementing risk management in your company is to seek the professional advice and guidance of a professional risk manager.  Not only are they trained in the techniques for risk analysis, control, and finance, they also have access to a wealth [...]

The rules of the game have changed: effective risk management, rather than the commodity-driven “insure and pray” method (you insure your business and pray nothing goes wrong), is the separating line between successful businesses and non-successful ones.  Unfortunately, I meet business owners every day who feel that the size of their business is too small, [...]

I recently came across David Spratley’s article analyzing the similarities and differences between Canadian and U.S. trade-marks.  Whatever your business, protecting your intellectual capital is paramount, and you should know where and how to do so. Canada and the United States have similar systems for registering and protecting trade-marks, and franchisors need to be aware [...]

A poll conducted by an insurance company in September 2010 showed that nearly one quarter of Canadians don’t know what their insurance policy covers.  According to the study, more than half (53%) said they had made a claim on their insurance policy, and of those, 42% said they were surprised by something contained in their [...]

Lately, the news has been buzzing about increases to insurance rates and decreases to coverage.  So how does an insurance consumer protect themselves and get the “best deal” when shopping for insurance?  Conventional wisdom suggests that we should “shop around” every few years to make sure that our current company isn’t trying to gauge us, [...]