@01Happy wrote:
Do all mystery shops require a business licence? Also: do you carry business insurance to do mystery shopping? Is this required?Who do you use for your business licencing? What is the average cost per month?
@01Happy wrote:
Thank you. I found out that I can just use my social security number until I make a certain amount of money, use a different name, or hire employees in the state I live. I don't need to have Unemployment insurance unless i have employees, but still not sure on general business insurance because I do not have an office outside of my home. I guess I will call about the kind of insurance if someone wants to sue me. I don't know what kind that is. If someone got fired because of a report, and they wanted to sue me. That's probably important to have.
@ArkLaMissshopping wrote:
The insurance I have is a "general insurance" policy for a business. I went through a small local insurance company. I paid a small lump sum and first month and then $40 a month for the remaining of the year. I called around locally and asked if they carried it. Big insurance companies such as State Farm carry it but, I found it to be much higher.
Some shoppers will say that they never heard of a shopper being sued. It is completely up to you.
@01Happy wrote:
Thank you. I found out that I can just use my social security number until I make a certain amount of money, use a different name, or hire employees in the state I live. I don't need to have Unemployment insurance unless i have employees, but still not sure on general business insurance because I do not have an office outside of my home. I guess I will call about the kind of insurance if someone wants to sue me. I don't know what kind that is. If someone got fired because of a report, and they wanted to sue me. That's probably important to have.
@Shop-et-al wrote:
An umbrella policy might help if you, as a mystery shopper, cause harm. But what about other types of business insurance? Is there anything for IC's that covers business disruption [who knew what covid-19 could do?!] or other catastrophic loss for a mystery shopping based business?
@ArkLaMissshopping wrote:
The insurance I have is a "general insurance" policy for a business. I went through a small local insurance company. I paid a small lump sum and first month and then $40 a month for the remaining of the year. I called around locally and asked if they carried it. Big insurance companies such as State Farm carry it but, I found it to be much higher.
Some shoppers will say that they never heard of a shopper being sued. It is completely up to you.
@01Happy wrote:
Thank you. I found out that I can just use my social security number until I make a certain amount of money, use a different name, or hire employees in the state I live. I don't need to have Unemployment insurance unless i have employees, but still not sure on general business insurance because I do not have an office outside of my home. I guess I will call about the kind of insurance if someone wants to sue me. I don't know what kind that is. If someone got fired because of a report, and they wanted to sue me. That's probably important to have.
@ArkLaMissshopping wrote:
There is insurance that you can get that covers business income loss.