A key component of running a business is managing risk. By evaluating, updating and maintaining your risk management program, you can help ensure the safety of customers and employees and reduce the chances of your business experiencing a serious accident or a liability lawsuit. Developing a Risk Management Program for Your Business A successful risk [...]
Parking lot improvements can make a big difference for the customer experience and curb appeal of your restaurant business. Every parking lot poses a risk for cars, pedestrians and property, as customers and employees can be involved in accidents and cause damage. Improperly maintained parking lots may pose an increased risk for your business. However, [...]
While you hope your franchise will not face severe weather during hurricane season, it always pays to be prepared. The average hurricane season has 14 named storms, seven hurricanes and three major hurricanes. While direct hurricane damage may not impact a majority of franchises in the United States, indirect factors could impact your business such [...]
As a franchise owner, you know that things don't always go according to plan. Success in the restaurant industry always involves some amount of risk. Discover how building a successful risk management program for your franchise can help manage those risks, better protect your employees and guests from harm and shield your business from associated [...]
As business cycles ebb and flow, companies must make important decisions about hiring and firing. By taking the right actions as an employer, you can improve your workplace culture and productivity with new hires, and ease transitions for employees after separation. However, it's important to recognize the risk that employment practices carry for your business. [...]
Like their customers, businesses are spending more and more time online. Many franchisees now depend on social media, with more than half of franchisees saying it's one of their top lead generation marketing channels. Social media is also a key tool for offering promotions and handling customer service. Still, franchisees report there are both benefits [...]
Water damage poses a significant risk to the business you've worked so hard to build, particularly during cold and slushy winter months. Property insurance policies provide important protection to millions of businesses like yours, but some find the options for water damage coverage confusing. To help keep your business safe and dry, it's important to [...]
Slips, trips and falls are a leading cause of workers’ compensation and general liability claims. For your employees, slips, trips and falls are the third most common type of occupational injury. On average, these injuries account for 12 days of work missed for employees and are very costly to companies. In fact, the average workers’ [...]