Posts Tagged ‘Risk Management’
Employment Practices Liability
While many business owners take the time to protect themselves and their businesses from outside risks, these are not actually the largest risks you face. In most cases, you are far more likely to be sued by an employee than an outsider.
Read More Are You Ready for Crisis Communication?
Being hit by a natural disaster (tornado) and man-made disaster (fire) within a two month period will get you thinking about crisis readiness! Having survived the aforementioned events without more real pain than insurance company and contractor frustration, I am quite aware of how much worse things could have been for our family and for my business.
Read More Do You Need Directors and Officers Liability Insurance?
Many risks that your business faces are directed at your company’s actions. However, there are other dangers that apply specifically to individuals and their actions. Directors and Officers Liability Insurance (D&O) protects your company’s CEO, COO, CFO, and other corporate officers and outside directors.
Read More Your Small Business is in Danger: How to Kick an Identity Stalker to the Curb
Small companies have the highest risk of identity theft out of any other kind of businesses. There are many areas of vulnerability because of the way most small businesses operate. If you don’t want your business and your identity to become part of the 75% of all identity theft crime, here are some security measures you can take.
Read More What is a Business Owner’s Policy, or BOP?
One of the most popular insurance forms for small businesses is a business owner’s plan, or BOP. These policies have developed in recent years and increased in popularity. These policies are convenient and specifically designed for small or medium sized businesses.
Read More How Do I Make My Business Secure?
Security is a major concern for any business. However, the security needs for every organization differ, depending on what they intend to protect. Businesses have to assess the various security challenges facing them and come up with appropriate mechanisms to enable them secure items such as money, inventory, and business data.
Read More Safety First. Profits Follow.
Much of workplace safety is common sense. But there is a natural tension between economy of operation and provision for safety for employees, and the resulting risk to the enterprise must be carefully weighed.
Read More 7 Ways to Protect Your Home-Based Business
Just because you manage your company from your family room doesn’t mean you should approach it too casually. You still need to consider the health and well-being of any employees, subcontractors and clients; safeguard expensive equipment and important data; and maintain a professional image to your clients.
Read More Disaster Recovery and Other Happy Subjects
Have you been open in sharing your knowledge and talent with a backup, or even a potential successor? It is prudent and certainly a sign that you take this responsibility personally as a leader among your peers and subordinates.
Read More How to Negotiate a Personal Guarantee
Personal Guarantees are a part of doing business. You need a loan, you seek a loan, and the lender requires a guarantor to sign the loan agreement. There are no ways around this. However, there are ways to negotiate a deal so that your personal assets are not entirely at risk of being liquidated given the case that the loan is not repaid on time.
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