Risk Management

Minimizing Small Business Risks: What Every Owner Can Do

If you own or operate a small business, it’s important to minimize the risks you, your customers, and your employees may face during the course of each business day.

Be Prepared: 6 Details That Can Shut Down a Small Business

Whether your business is in its first year, or going strong and turning a consistent profit, here are six details to keep an eye on. Overlooking these business aspects can cause financial hardship, decrease your profits, or even lead to having to close your doors permanently.

Safety Standards: Keep Your Employees Safe with These Tips

The financial repercussions of poor security practices can sink any SMB no matter how careful you are. As such, it’s important to focus on mishap prevention to reduce negative outcomes. Whether your business measures annual sales in thousands of dollars or millions, sound security precautions are imperative.

Why Business Insurance is a No-Brainer

If you’re about to take your startup company into the new frontier, then you need to have the reassurance of small business insurance on your side. The business world can throw just about anything your way, especially if you’re running a new small business, which is why it’s important to have insurance coverage.

Reputation Risk

A business’ reputation affects its success in so many ways. Employees want to work for a company that has a great reputation just as people want to buy from one. The best companies understand their reputations are among their most valuable assets.

5 Important OSHA Regulations You Can’t Ignore

For three decades, OSHA has helped employers prevent injuries and save lives by protecting the workforce. If a workplace is OSHA-compliant, the employer will be empowered to recognize work hazards, protect employees from illness and injury, prevent death, and cultivate educated employees who foster general safety for the entire workplace.

Why You Need Business Interruption Insurance

Business Interruption Insurance (BII), which is intended to compensate the company for income lost in the event physical damage renders it inoperable for a period of time, can provide so much value in so many ways.

What to Do When the Unanticipated Worst Happens at Your Business

As a business owner, you may think you are prepared for anything that comes your way. However, sometimes events can transpire that can leave you caught off guard, even with most careful preparations. Here are six scenarios you need to consider when planning for the worst.

How to Balance Business Risk Versus Opportunity

There is no real business opportunity without risk. Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive dream of a get-rich-quick scheme with no risk.

Minimum Auto Insurance Requirements for Your Company Vehicle

Providing vehicles for your employees is one of the best perks you can offer. Of course, providing company vehicles means insuring those vehicles, and doing that can get complicated.

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