Insurance Insights
Risks of Operating a Retail Store
If you’re interested in owning your own business, a retail store can be a great investment and provide steady income with the right preparations. While you can earn a good living and run a successful store, you should also be aware of the risks you are exposed to. Retail stores have risks like shoplifting, vandalism, liabilities, and unforeseen events that can do damage to your store and your business assets. By educating yourself on the risks, you can better prepare for them.
Barber Shop Insurance
A barber shop is mainly for hair cutting, styling, and shaving of men, but occasionally women will get haircuts from the same hair shop. Most barber shops only include the basic hair cutting techniques, but not hair coloring or additional cosmetic services that beauty salons will offer. However, even barber shops have risks associated with their profession. Cutting a client’s hair in a way they didn’t specify or accidentally nicking their face while shaving could lead to a lawsuit. Other risks are common for most business including property and products risks. By obtaining barber shop insurance you are able to protect your shop from all types of risks.
Employee Fraud Detection and Prevention Tips for Small Businesses
Fraud costs American businesses, large and small, a ton of money each year. In fact, according to theMcGladrey report The Threat Within: Employee Fraud Detection and Prevention, fraud took a huge toll on American businesses, to the tune of nearly $1 trillion dollars, last year. The problem only seems to be worsening with the volatility of the economy. That’s why it’s so important to focus on prevention rather than trying to recover losses after the fact.
Auto Repair Shops Insurance
Auto repair shops range in the services they provide from vehicle mechanical and electric repair to auto body repair services, such as dent and scratch removal. Most auto repair shops employ auto mechanics and electricians to repair vehicles that need basic maintenance or heavy-duty repair work. They may also specialize in certain types of vehicles or repair work like transmissions, tires, or brakes. If you own and operate an auto repair shop, you most likely know that you’re open to more than a fair share of risks. These involve liability risks from potential damage or theft of customer vehicles along with employee risks of working with the heavy and often dangerous equipment and tools. Protect these and other risks by obtaining auto repair shops insurance.
Utilizing Fleet Tracking Software to Reduce Vehicle Accidents
Fleet tracking software benefits businesses today in so many ways that the average small business owner may not even be aware of all of them yet. One huge way it helps business owners is by reducing vehicle accidents. Sound a little too good to be true? The truth is in the results, however. Here are just a few small ways that small businesses can use fleet tracking software in order to reduce auto accidents.
Smart Faxing for Small Business
While electronic faxing through email is becoming more popular, nearly three quarters of small businesses still utilize traditional faxing, according to a survey conducted by GFI Software. Smart faxing provides important guidelines to follow that let you protect confidential information being sent or received from your office fax machine. It is especially important in legal, financial and healthcare industries.
All About Business Insurance in Florida
Florida is well-known for its warm weather, sandy beaches, and extraordinary theme parks, which draws in a great number of tourists each year. However, with the increase in tourism in The Sunshine State come associated risks for businesses operating in this southeastern state. Thanks to the dense population of Florida coupled with the high tourist traffic you may be fortunate to have a quite lucrative small business in this coastal state. However, how protected are you and your business you worked so hard for from potential risks? It is important to reduce risks of income loss and financial burden by giving the following types of business insurance in Florida your consideration:
Business Disruption Planning
Natural and man-made disasters around the world have thrown businesses for a loop in the past few years. Many of these disasters have served as painful lessons regarding the importance of continuity or disruption planning ahead of time. After all, some disasters, such as Hurricane Sandy (2012) provided a little warning. Not all of them, as we painfully learned on September 11, 2001 provide forewarning. Businesses need to be prepared with disruption plans that can be put into place with no notice at all and they need to have members of staff that are trained to cover multiple roles in the event of a disaster if necessary.
Small Business Big Savings Infographic
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Risks of Operating a Photography Business
If you have a passion for capturing life’s precious moments, then photography will be a fulfilling career. Many photographers choose to start their own business, photographing a variety of subjects, special occasions, or people of certain age groups, like babies. Whether you are a family portrait photographer, wedding photographer, or baby photographer, you have risks to be aware of as you start your business. Risks include those related to starting a business in general, as well as photography-specific risks like theft of your expensive camera equipment. Even with these risks, you can protect your business from them and continue with your rewarding career.
