Economists originally predicted that the so called US-China trade war would have little impact on small-to-medium sized businesses. Once a trade deal was in place, they announced everything was over. Nevertheless, a great deal of damage had been done and business owners started to suffer. Almost immediately afterward, the aviation industry was hurt by the […]
Risk Management
Types of Insurance Policies That Are a Must for Small Businesses
According to a study conducted by The Hartford, more than 40 percent of small businesses will need to file an insurance claim in the next 10 years. This study covered the types of insurance claims most often filed by small businesses. The study analyzed over a million policies purchased by small business owners over a […]
What Types of Insurance Are Best for Small Businesses?
You’ve worked hard to build your company up to what it is today. Which is exactly why you should consider if you would recover from fire damage or a costly lawsuit without taking a serious financial hit. Thankfully, there is a multitude of policy types to help ensure that you’re protected against risks like these and others. These policies cover everything from your equipment […]
Employee Training is Critical for Health and Safety in Fitness Centers
As is customary around this time of year, fitness centers, gyms, and other such establishments are a hot topic, with sign-ups skyrocketing following the indulgence of the festive period. However, as places open to the general public, and home to equipment which can cause serious injury if used incorrectly, these spaces can also be incredibly […]
Fraud is Everywhere: How to Ensure Your Small Business Stays Away from It
Whether you’re a fledgling entrepreneur, a business student or a business owner, now is the time to learn how to protect yourself from fraud. Fraud is a considerable problem for entrepreneurs. When malicious actors gain access to sensitive business data, the outcome can prove catastrophic. You can prevent a cyber breach from resulting in more […]
Check Out These Fraud Prevention Tips for Your Small Business
In 2012 the entire nation watched the story of the Controller of the city of Dixon, Illinois, unfold. Rita Crundwell was finally caught for having embezzled over $53,000,000 over several years. She had purchased lavish homes and a fleet of show-horses and vehicles, and was living the life of the rich and famous. How was […]
Don’t Believe the Myths Around Director’s and Officer’s Liability
Whether your business is at either end of the scale of being a small or a large corporate, each faces potential risks, regulations and litigation. Director’s and Officer’s liability insurance (D&O insurance) provides financial support and defense against potential investigations into their behavior and the possibility of being sued. Without such insurance, the company will […]
Keeping the Office Safe: 5 Ways to Create a Disaster Preparedness Plan
Human resource professionals can ensure the safety of employees by making sure that everyone is aware of what to do should an emergency occur. Global warming and climate change have contributed to unfathomable natural disasters. Consequently, an emergency could strike at anytime and anywhere. Organizational leaders must develop emergency preparedness plans to prepare for when […]
Essential Reasons Startups Should Invest More in Safety
Safety is one of the last things on a startup’s list of concerns, but it should be one of the top. Along with the well-being of your employees, you should be worried about protecting your capital and making sure that nothing gets in the way of making your business dreams a reality. Far too many […]
Opioids and the American Workplace
Opioids are a growing concern in the U.S.—2 in 3 HR professionals say their workplace has been or will be impacted by prescription drug abuse. The opioid crisis has reached, and passed, the point where employers and policymakers must take responsibility and involve themselves. Prescription drug abuse is a huge contributing factor in this epidemic, […]
