Small Business Archives - Lockton Affinity

Winter Weather and Tires

Winter weather can have a significant impact on your business operations. You not only have to think about accidents and injuries, but also critical downtime. Every year, it’s estimated that trucking companies lose more than 32 billion vehicle hours and $3 billion in revenue due to weather delays. For any business that needs to be on

December 18th, 2020|Small Business|

Increased Ransomware Attacks Targeting Law Firms

News about the outbreak and spread of Covid-19 dominated headlines in 2020. Yet for many law firms, Covid-19 has not been the only kind of virus threatening their businesses. In the past year, there has been a massive surge in ransomware attacks targeting law firms and their computer systems.

Ransomware attacks have created a cyber crime epidemic, costing law firms hundreds of millions

December 18th, 2020|Financial, Legal, Small Business|

Security Systems for Reducing Employee Theft at Quick-Service Restaurants

There are unique challenges when it comes to reducing employee theft at quick-service restaurants. Margins are thin, turnover is high, and almost everything is a consumable. While many businesses focus on external theft, restaurants face a significant risk from their own employees. According to the National Restaurant Association, up to 75% of inventory shortages and 4% overall sales are lost due to

November 24th, 2020|Franchise, Small Business|

Minimizing Your Data Risks with Secure Passwords

Business owners must strike a careful balance between maintaining easy access to digital files and safeguarding the business’s confidential data. Hackers are becoming more and more sophisticated, which means it’s more important than ever to use secure passwords for all your files and devices.

To stay safe, your business’s password security must evolve to keep pace with advancing risks. Make sure you understand

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|

Forming a Cyber Attack Response Plan

Cyber attacks are common and damaging for businesses. Yet many businesses do not have a sufficient cyber attack response plan of what to do in the event of a cyber attack. Even with the increasing frequency and cost of cyber incidents, as many as 34% of businesses don’t have a formal response plan applied uniformly across their entire

September 25th, 2020|Financial, Legal, Small Business|

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|

How to Stay Safe Outside in the Heat

It’s the height of summer, and many people are excited to be spending more time outdoors after COVID-related closures. But along with the fresh air and sunshine there is extreme heat that can be dangerous to your health.

As your organization schedules activities outdoors this summer, make sure to take the heat into account. It could mean the difference between a fun and

August 3rd, 2020|Additional Groups, Non-Profit, Small Business|

Top Business Risks Are Cyber Related

Businesses face a variety of risks in the 21st century. But for many, no threat is more pressing that the risk of a cyber-attack. A recent industry report has announced that the world’s top business risks are cyber related. The dangers of cyber-attacks, data theft and cyber fraud are expected to be a concern for businesses

August 3rd, 2020|Small Business|

Returning to Offices After COVID-19

The last few months have been full of uncertainty. Now that things appear to have turned the corner, restrictions are easing and businesses and organizations are preparing to reopen. But returning to offices after COVID-19 itself can seem like a daunting task. A return to normal operations is crucial, but so is managing risk in these uncertain times.

It’s important to be organized.

June 8th, 2020|Franchise, Legal, Small Business|