Small Business Archives - Lockton Affinity

Implementing Regular and Redundant Backups

About Regular and Redundant Backups

Making regular and redundant backups is a simple practice you can implement to help protect against data loss and ensure the continuity of your business.

Regular and redundant backups are designed to provide a dual layer of protection:

  • Regular backups guard against the potential for a loss of data that would be difficult or impossible to replace.
  • Redundant backups
September 16th, 2021|Financial, Franchise, Healthcare, Small Business|

Vehicle Safety for Small Businesses

Vehicle safety for businesses is a top priority. Every year, preventable accidents claim lives and cause millions of dollars in damages. By applying tried and tested safety standards to the operation of your vehicles, your organization can reduce the risk of accidents and claims.

Vehicle Safety Standards for Small Businesses

The Department of Transportation has outlined safety standards for pre-trip and post-trip inspections for commercially

September 16th, 2021|Financial, Franchise, Small Business|

Encryption of Sensitive Information

Data encryption is an essential tool that helps protect the confidentiality and privacy of your firm’s sensitive digital information during storage and transmission.

This complex technology automatically scrambles your data to protect it from prying eyes and unscrambles the same data so that you and other authorized parties can work with it.

Encryption works seamlessly in the background every day to secure data, including

September 16th, 2021|Financial, Franchise, Small Business|

What a BOP Does and Doesn’t Cover

Restaurant customers often order a combo meal, since it has everything most people need—entree, side and drink. Packaging a burger, fries and a soda into a combo meal makes a lot of sense, and it’s similar to how a Business Owners Policy (BOP) works in insurance.

A BOP makes it easy to get the standard coverage and limits you need without piecing together

September 16th, 2021|Franchise, Small Business|

Employment Practices Claims and Restaurants

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% of some workers

April 23rd, 2021|Small Business|

Common Pest Infestations and Prevention

Unwanted pests are a common problem for facilities, where insects, rodents and other small animals seek easy access to food, water and shelter. With warmer weather returning, pests may become a problem at your organization.

These pests can be a problem for your organization in more ways than one. Some pests carry diseases which can cause illness to members, guests and volunteers. Others

April 23rd, 2021|Non-Profit, Small Business|

Gap Insurance

If your fleet vehicle is totaled or stolen, most insurance will prepare a settlement payment based on the actual cash value (ACV) of the vehicle. In most cases, this regular coverage is enough to cover your loss. But if your fleet vehicle was a newly financed or leased vehicle, you could end up underwater—owing more on a vehicle than your insurance can

April 23rd, 2021|Franchise, Small Business|

Creating a Safe Driving Program for Your Company Vehicles and Drivers

If your business offers delivery, pickup or in-home services, your business faces certain risks that other franchises 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.

One of the ways you can manage this risk exposure is by creating a safe driving program for your company

March 4th, 2021|Franchise, Small Business|

The Importance of Multi-Factor Authentication and Strong Passwords

The importance of multi-factor authentication and password security is critical. Often, it is your best line of defense for protecting all your data, devices and systems from unauthorized access. Unfortunately, many don’t take password security seriously, which makes them especially vulnerable to hackers.

Good password security can help protect you from data breaches, network intrusions, malware and viruses. It can also minimize your

February 24th, 2021|Financial, Legal, Non-Profit, Small Business|

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|