Are You Launching Your Own Firm?

Nothing is more exhilarating than starting your own firm. But it's also a bit terrifying. "You're not just a lawyer anymore," says Catherine Singzon, a group benefits advisor at Lawyers Financial. "You're also the accountant, the HR department and the director of business development. It can feel like you have to think of everything." The trick, though, is to get other people to do some of that thinking for you.

There's a decent chance that shopping for insurance is the most overwhelming task that a business owner has to complete. You have to tackle a litany of complicated and unpleasant questions. What are the disasters that could befall your organization? Are you offering a competitive benefits package? Are you overpaying on premiums? That's a lot to consider.