The start of a new year is an ideal time for business owners to review and refresh their insurance coverage to ensure it meets their current needs and business goals. Whether you run a small retail shop, a contracting business or manage a fleet, here are seven important topics to discuss with your local insurance agent this year. 1. Annual Insurance Coverage Checkup As your...
Are you one of the many businesses that has taken on a remote or hybrid working model? Working from home has pros and cons, but it also raises serious questions like what would happen if an employee becomes injured while performing work at home. Workers' compensation (often shortened to workers’ comp) laws and requirements vary by state, but generally, any business that has employees must have workers’...
Before each winter, business owners should spend time preparing to protect their property and operations from the challenges brought by cold weather, snow and ice. Winterizing your business is not just about staying warm—it's about safeguarding your assets and minimizing potential risks. A well-prepared business can avoid costly repairs and downtime during the winter season. Here are seven tips to help you protect your business...
More than $112 billion was lost to retail shrinkage in a recent year, according to the National Retail Federation (NRF). Retail loss, or “shrinkage” as it is commonly called, is a severe problem in the United States. A retailer loses a certain amount of inventory due to damage, employee theft, and shoplifting. These losses affect your business’s bottom line and your livelihood. In a world...
October is National Cyber Security Month, a time to focus on the rising threat of cyberattacks and hacking incidents. With the increasing prevalence of digital threats, businesses and individuals risk falling victim to hackers. If you discover you’ve been hacked, acting quickly to mitigate damage and secure your information is essential. This guide outlines the immediate steps to recover from a hack and prevent future...
