Franchise insurance Archives - Elevanta

4 Key Franchise Owner Challenges: Insurance and Risk Management in 2025

What challenges will franchise owners most likely face in 2025? Many industry experts say to expect continuing challenges involving inflation and food prices, while others speculate employment and worker wages will be areas of concern. When it comes to navigating these challenges and protecting your business, insurance and risk management can play a key role. [...]

4 Tips to Improve Hiring Practices and Reduce Turnover

Hiring and retaining quality employees has long been a challenge in the industry, as recruiting resources can be low and finding the time for the process can be tricky. Increasing minimum wage and a competitive job market has made things even harder, with many companies responding by changing how they hire. But doing so carefully [...]

By | January 25th, 2024|Franchise insurance, Risk management|0 Comments

Why Businesses Need Business Interruption Insurance

If your small business operations were interrupted, would you be able to bounce back right away? For 9 out of 10 small businesses, the answer is no. According to FEMA, being forced to close for just five days can cause the majority of small businesses to fail within a year. But if your business were [...]

By | December 5th, 2023|Franchise insurance|0 Comments