include language in your lease agreement stating that lease payments will not commence until a valid CO is issued. ◦ You will be responsible for obtaining a valid CO from a local government authority. ◦ Review all building codes and zoning requirements for your business’ location to ensure
• If you plan to purchase or build a location:
your equine therapy business will be in compliance and able to obtain a CO.
STEP 7: Get business insurance Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss. There are several types of insurance policies created for different types of businesses with different risks. If you’re unsure of the types of risks that your business may face, begin with General Liability Insurance. This is the most common coverage that small businesses need, so it’s a great place to start for your business. Learn more about General Liability Insurance. Another notable insurance policy that many businesses need is Workers’ Compensation Insurance. If your business will have employees, it’s a good chance that your state will require you to carry Workers' Compensation Coverage. Recommended: Learn what business insurance for your Equine Therapy Business will cost.
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