Risk Management
How to Prevent Office Supply Theft
Office supply theft is a problem at lots of offices, both big and small, around the country. Theft occurs when employees take something from the supply closet for their own personal use. It could be…
5 Effective Ways to Protect Your Small Business from Frauds
Nearly half of all small businesses experience fraud at some point in their business lifecycle. According to the Association of Certified Fraud Examiners, the total loss as a result of business fraud exceeded $6.3 billion…
Self Employed? Here’s What You Need to Know About Business Insurance
Though 40% of small-business owners and 60% of home-based business owners (many of whom are self-employed) don’t have business insurance, they should. When you’re self-employed, you may not think of yourself as a business owner, but…
How to Keep Your Business Insurance Premiums Down
When it comes to business insurance cover it is not wise to start cutting corners in pursuit of ‘cheap cover’ but there are ways to reduce your premiums without sacrificing coverage. The savvy business owners…
What a Natural Disaster Could Mean for Your Business
Every year hurricanes do massive damage to the United States economy and cost the world an average of $300 billion. The damage is not simply limited to the cost of repairing homes, infrastructure, and other…
Principles of Workplace Safety to Live By
A lot of managers have an antagonistic relationship with workplace safety guidelines. It’s not their fault, certainly; when rules and regulations are handed down like commandments from on high, it can be hard to respect…
How to Protect Your Assets from Money-Draining Lawsuits
As an entrepreneur, it’s part of your job to anticipate risks to your business. Bad weather, theft, an accident, or a lawsuit, are just few of the risks you have to prepare for. You can…
Death and Disability: Is Your Franchise Unit Protected?
It’s hard to consider certain possibilities in our life. Whether it’s creating a will, designing an exit plan, or getting affairs in order, people naturally stray away from activities that have to do with their…
Do You Have the Right Budget for Business Insurance?
Business owners spend millions of dollars annually on insurance, yet most of the insurance policies they rely on cannot protect their businesses from many risks. A 2010 survey by Travelers Insurance reveals that despite only…
Key Techniques to Prevent Inventory Loss and Shrinkage: Part 2
In Part 1 of our series, we discussed the first three of seven ways to protect your inventory from theft. In this second part, we look at four more techniques that you can implement in…
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