The Real Risks of Running a Business in Maple Grove: Why General Liability Isn’t Enough
The Real Risks of Running a Business in Maple Grove: Why General Liability Isn’t Enough Running a business in Maple Grove offers opportunity, growth potential, and strong community engagement. However, local entrepreneurs also face a wide range of operational risks that extend beyond everyday transactions. While many owners purchase general liability coverage to meet lease requirements or contractual obligations, they often assume this single policy fully protects their operations. In reality, general liability only addresses a limited portion of potential exposure. Modern businesses navigate property risks, employee-related liabilities, cyber threats, supply chain interruptions, and weather-related damage. Minnesota’s seasonal climate adds additional challenges, especially during winter months when snow, ice, and freezing conditions increase property and slip-and-fall risks. Because of these layered exposures, relying solely on general liability creates financial vulnerability. ...