#nutritionalsupplement #supplements #supplementstore #businessinsurance #insuranceadvisor #shorts
Nutritional supplement stores sell various products, such as sports nutrition, vitamin supplements, and health foods. Typically, customers shop for these products to meet their dietary, health, and fitness needs.
The market size of the vitamin and supplement manufacturing industry in the US has been increasing lately. According to market research firm IBIS World, it is predicted to reach $39.8bn in 2023.
Opening a nutritional store is not easy and involves an investment of capital, time, and hard work. Vitamins, dietary supplements, franchising fees, signage, fixtures, construction, and marketing material costs add up quickly. Hence, nutritional supplement store insurance should protect your supplement store against financial risks and hazards.
The main aspects discussed in this video are:
1. Risks and Liabilities
2. Recommended Coverage
3. Premium Cost Factors
You can read more about this in our article below:
https://www.insuranceadvisor.com/retail-business-insurance/nutritional-supplement-stores
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