Taking the next step in a business is exciting and invigorating, but it can also be daunting when it comes to workers’ compensation for expanding businesses. As employees are hired, new locations of operations open, or business categories change, make sure your business stays compliant and manages the risks with these helpful tips.
If
If your small business operations were interrupted next week, would you be able to bounce back the week after next? 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 to face a serious
Phishing tactics can target any internet user, but the results can be particularly devastating when your small business is affected. Losses from business email compromise scams reached $2.7 billion in 2018, according to the FBI’s Internet Crime Report, with no sign of the problem ending anytime soon.
To protect your business, it’s important to know about the most common phishing tactics and what
Each year, as many as one in 20 vehicles used for business purposes is involved in an auto accident. While no one wants to get in an accident, improperly insured business drivers face risks beyond filing a claim.
For improperly insured drivers, claims of property damage or bodily injury can be denied by an insurer and your business could face a lawsuit.
A workplace emergency plan can help your small business prepare for the unexpected, ensuring worker safety and continued business operations.
According to FEMA, up to 90 percent of small businesses fail within a year of facing a serious emergency if they are unable to resume operations within five days. In 40 to 60 percent of serious incidents, businesses never reopen.
Improve your business’s
A successful risk management program can protect your employees, members and volunteers from harm and your organization from associated costs. Because of the program’s importance, your organization’s leadership should hold the responsibility of the risk management program planning.
When implementing a risk management program, consider the following fundamentals:
More and more, scammers are targeting lawyers by sending forged emails to law firms, clients and financial institutions. The scam typically involves a compromised email account, which can be the lawyer’s, the client’s or even the bank’s. Scammers monitor the account to uncover pending transactions, such as a real estate purchase, a loan or the settlement of a lawsuit.
At the appropriate time
According to the National Weather Service, thunderstorms cause several hundred million dollars in property damage each year.
If you have a business with a brick and mortar store and inventory, this can be troublesome, especially when considering the other types of weather your area may face.
Whether you sell patio sets or stoves, there are steps you can take to protect your inventory from
The Cyber Breach
Unfortunately, law firms are still regarded as “soft” in the comparative world of cyber targets. Many law firms use systems that are easier to penetrate than those of their more sophisticated clients. This imbalance in technology leaves the law firm as the weakest link in the data chain and an obvious target for cyber criminals.
Further, lawyers, even if employed at
Do you wonder if you really need legal malpractice insurance when you open your law practice? Even if your practice is small and you are extremely diligent in your work or you work in an area where ‘everyone knows everyone’ and you believe that your clients would never sue you, consider the following: