January 2021 - Lockton Affinity

An Insurance Market Update for Food and Beverage Clients

To say things have changed over the last year is a bit of an understatement—change has swept through every industry, including insurance. Many food and beverage clients have been asked to do the impossible—and succeeded, continuing to stay afloat in an often ambiguous and shifting environment.

As a business owner, your focus continues to be your business, ensuring its future and minimizing any

January 25th, 2021|Franchise, Small Business|

5 Actionable Ways to Reduce Inventory Damage

Managing inventory comes with many challenges, including how to reduce inventory damage. Damage to inventory can occur at any point in your processes. Some products are damaged at the time of receiving, others are damaged during handling and storage and some are damaged during shipping. All damages can impact your bottom line, so it’s important to control for this risk.

In many cases,

January 25th, 2021|Franchise, Small Business|

Increasing Cyber Attacks against Small Businesses

Cyber attacks against small businesses are increasing each year. Whether you are answering email, storing data files or running a website, your small business faces risks from doing business online.

Most recently, hackers have been focused on stealing money directly from small businesses. Some cyber criminals are using tricks to commit cyber fraud and drain your bank account. Others are using schemes to

January 25th, 2021|Small Business|