Risk Management
Key Techniques to Prevent Inventory Loss and Shrinkage: Part 1
Retail shrinkage can occur at any time following the delivery of goods and prior to those goods being sold. Some of the most common causes of loss include shoplifting, employee theft, and fraud by employees,…
How to Protect Your Business from Employee Theft
As a business owner, I have to say that statistics on employee theft are frightening. According to Statistic Brain, $50 billion are stolen from U.S. businesses every year by their own staff, and roughly 75 percent…
7 Simple Steps You Can Use to Stop Workers’ Comp Fraud
All businesses have a fair share of formal and informal procedures and processes to ensure efficiency in dealing with customers and effectiveness of operating costs. As the owner, you should be very hands on with…
Emergency Plans Are Critical
“The prizes go to those who meet emergencies successfully. And the way to meet emergencies is to do each daily task the best we can.” ~William Feather Emergency plans are not likely to be used….
How to Protect Your Small Business Using Insurance
The world of insurance can be a huge headache for small business owners. Since getting your business off the ground is your number one priority, it may seem unimportant to get the proper coverage in…
5 Safety Issues Caused 65 Percent of Workplace Injuries
Are you a betting person? Whether or not you play the lottery or hit Vegas on occasion, you should know what the odds are for any of your employees to get injured on the job…
5 Slip Ups That Can Bring Down a Small Business
There are a number of ways small business owners can sabotage their success. If a small business is perennially struggling, then it may be due to these 5 common slip-ups that impact performance and limit…
How to Avoid Basic Small Biz Pitfalls
Opening a small business is an alluring enterprise for countless Americans with ambition and a dream. Successfully running your own startup, however, requires extensive research, adequate resources, and a combination of street smarts and business…
Asset Protection Tips for Your Small Business
No matter your industry or how small your operation, it’s vitally important to take the proper steps to protect your business from litigation. Why You Need Protection What most people don’t fully understand is that…
6 Ideas to Help Keep Your Business Safe
Operating a business is a complicated matter. Not only do business managers have to worry about making a profit, they also have to worry about a myriad of things that can compromise the safety of…
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