Franchise Archives - Page 2 of 3 - Lockton Affinity

What to Know About Third-Party Delivery Services

You may have noticed that demand in the food delivery industry is exploding. Even before COVID-19, more and more consumers were ordering delivery. With new health and safety guidelines, most quick service restaurants are considering adding delivery service or working with third-party delivery services such as DoorDash and Uber Eats.

But it’s important to understand some of the risks that come with offering

November 24th, 2020|Franchise, Small Business|

The Extensive List to Preventing Slips, Trips and Falls

In franchises across the country, preventing slips, trips and falls is a priority because they are a leading cause of injury. Both franchise employees and customers are at risk. The result of a slip, trip or fall can range from mild to severe. However, most of these accidents can be prevented with proper awareness of the hazards and the right safety precautions.

Here

September 25th, 2020|Franchise|

Preparing Businesses for Hurricane Season

While you hope your business will not face severe weather during hurricane season, it always pays to be prepared. NOAA forecasts a busy Atlantic hurricane season from June through November 2020, with 13–19 named storms and 3–6 major hurricanes.

Considering the risks, proactively preparing businesses for hurricane season is a must. Here are steps you can take

August 11th, 2020|Franchise, Small Business|

Common Inventory Risks and How to Combat Them

Carrying inventory is at the heart of your business, but comes with significant risk. Inventory dealers make significant financial investments to make sure customers get the goods and services they need how and when they expect them. To ensure customer satisfaction and the profitability of your operation, it’s important to manage your exposures properly. Here’s how to recognize common inventory risks and

May 27th, 2020|Franchise, Small Business|

Spring and Summer Driving Tips

Many drivers are happy to trade scraping windshields and snowy roads for spring showers and longer days. But spring and summer weather also present several hazards for drivers. After a long winter, it’s easy to forget just how dangerous the roads can be this time of year, so here is a new list of spring and summer driving tips. 

Spring Driving Tips

Pack Shades

May 27th, 2020|Franchise, Non-Profit, Small Business|

The Benefits and Risks of Social Media for Franchisees

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 and risks of social

May 27th, 2020|Franchise|

Your Guide to Working with Vendors

For modern businesses and organizations, working with vendors is key. Specialized vendors help increase efficiency, meet the needs of customers and communities and positively impact growth and economics. Yet working with vendors also involves challenges, such as the need to manage risk and minimize exposure.

The right level of insurance protection for both you and the vendor is key, so that both parties

February 28th, 2020|Financial, Franchise, Small Business|

Risk Management Tips by Industry

At Lockton Affinity, we custom tailor, implement and manage insurance solutions for a wide variety of industries. Along with customized insurance programs, we provide risk management resources, too.

Find your industry below to browse risk management tips that apply to you and your organization.

Find Risk Management Tips for Your Industry

Franchise Systems

Why Your Business Needs Commercial Auto Insurance

If you use vehicles as part of your business operations, a commercial auto policy should be included in your insurance program. Commercial Auto insurance provides coverage for vehicles in the event they incur physical damage, cause physical damage or bodily injury to others.

If appropriate, you may also need non-owned auto coverage, which protects from claims for damages involving bodily injury or property

March 1st, 2019|Franchise, Small Business|

How to Prevent Collapsing Chairs at Your Organization

A surprising number of claims come from an unexpected source: collapsing chairs. Collapsing chairs are extremely dangerous and often collapse during normal use. Many injuries can occur from a chair collapse, including:

  • Heavy bruising
  • Smashed fingers
  • Broken arms and wrists
  • Fractured pelvises
  • Severe lacerations
  • Concussions

Injuries associated with deteriorating folding chairs may require corrective surgeries, hospitalization and significant recovery times. They are extremely

November 27th, 2018|Franchise|