If you own a taxi firm, you should be aware of the many risks that go with the business and that which you should protect your business against. It is not just your taxis that need protection but actually your premises and most of all, your drivers. If you have a taxi firm, you should take all the measures that will help protect not just your business and employees but also your passengers.
Although bonds are more stable than stocks, inflation kills bonds. If you have bond assets, then you should protect these fixed income investments from the constant rise of the cost of living. You should get familiar with the few ways that you can add inflation protection to your investments because such methods may be used by your financial planner or by a specific fund.
Most investments in bonds, as well as individual and corporate retirement funds, usually end up with unfortunate fund deficits as well as low interests. Thus, many have turned to commercial real estate as their favorite type of investment. This is because real estate offers better cash flow returns.
If you are a business owner, then you hold yourself responsible for doing all that you can in order to mitigate risk and to keep the smooth flow of business operations. But how can you possibly prevent a lawsuit from disrupting your business? You cannot, but if you take some measures now, you can probably deal with it well.