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For a business owner, insurance is a cost just like any other expenses. How does buying business
insurance and offering insurance to employees affect the business's profit and success?



For A Business Owner Insurance Is A Cost Just Like Any Other Expenses How Does Buying Business Insurance And Offering Insurance To Employees Affect The Busines class=

Sagot :

Answer:

It adds an additional expense which means a percentage of profits are depleted. However, it contributes to the wellbeing of the employees showing that they are cherished and have the opportunity to earn benefits which can play a role in motivating them. Due to this it is more likely the workforce would be more comfortable working for the organisation thus leading to a higher chance at success.