Risk management Archives - Page 2 of 3 - Elevanta

Fire Safety for Franchises

Fire safety for franchises is crucial. According to the National Fire Protection Association (NFPA), more than 8,000 structure fires in eating and drinking establishments are reported to U.S. fire departments each year, causing $246 million in property damage. While cooking equipment was the leading cause in these fires, electrical distribution and heating equipment were each [...]

By | March 4th, 2022|Franchise safety, Risk management|0 Comments

Password Security: The Recipe for Better Cyber Safety

Franchise businesses are increasingly experiencing disruptions, not only from the pandemic, but from hackers as well. Cybercrime is at an all-time high in many industries, and with fewer security controls, small to medium-sized businesses are facing more than their fair share. Password security is your best recipe for cyber safety, protecting all your data, devices [...]

By | January 20th, 2022|Franchise safety, Risk management|0 Comments

Winter Car Emergency Kit

If your business has a fleet of company vehicles, ensure they contain a winter emergency kit to keep your drivers safe should they get stuck in inclement weather:  

By | December 3rd, 2021|Best practices, Risk management|0 Comments

Wintertime Risk Management Checklist

The approach of cold temperatures and wintery weather can lead to an increase in certain claims. The reasons for winter claims can vary, but all ultimately relate to the unique challenges posed by wintertime. It's easy to forget about these seasonal risks when the ice thaws and the sun comes out, but a quick refresher [...]

By | December 2nd, 2021|Franchise safety, Risk management|0 Comments

3 Tips for Training Employees on Cybersecurity

Over the last few years, franchise businesses have become a favorite target of cyber criminals. Hackers have stolen password credentials, company records and customer credit card data from thousands of well-known establishments. Most franchise businesses do not consider themselves at high risk for hackers, but the consequences of a cyber attack are serious. Data breaches [...]

By | November 3rd, 2021|Risk management|0 Comments

Driver Safety Tips for Fast Food Restaurants

If your fast food restaurant offers food delivery or other mobile services, your business faces certain risks that others don’t. Having employees that drive for work and company vehicles that need to be serviced and maintained increases your exposure to accidents, claims and liability lawsuits. Driver safety is paramount when it comes to minimizing your [...]

By | May 3rd, 2021|Franchise safety, Risk management|0 Comments

Types of Employment Practices Claims

Employment practices refers to the part of your business that deals with hiring, firing and everyday workplace interactions. Employment practices liability claims alleging workplace discrimination or sexual harassment are increasingly common. In fact, the restaurant industry experiences more claims of misconduct than any other, according to the Harvard Business Review. With as many as 90% [...]

By | April 23rd, 2021|Insurance Tips, Risk management|0 Comments

Slip Hazards in Restaurants and Injury Prevention

Slips and trips are a leading cause of injury at fast food restaurants across the country, and both restaurant employees and dining guests are at risk. Some slip hazards in restaurants could result in anything from a few bruises to serious injury or death. While such severe outcomes are unusual, the stakes are too high [...]

By | February 24th, 2021|Franchise safety, Risk management|0 Comments

Cyber Security Tips for Franchise Businesses

Over the last few years, franchises have become a favorite target of cyber criminals. Hackers have stolen password credentials, franchise business records and customer credit card data from some of the biggest names in the industry. The consequences of a hack are serious. Claims and legal fees routinely cost businesses more than $1 million and [...]

By | January 25th, 2021|Franchise safety, Risk management|0 Comments

Common Fast Food Restaurant Holiday Claims and How to Prevent Them

Around the holidays, quick-serve restaurants can see an increase in claims. The reason for increased claims vary, but seasonal celebrations, weather and economic issues all play a part. Fast food restaurant holiday claims can cause stress and worry at a time that is already hectic and stressful. For quick-serve restaurants, we often see an increase [...]

By | December 18th, 2020|Risk management|0 Comments