Insurance Insights
Foreign Business Trips: Travel Risks and Tips
Whether you take foreign business trips on a monthly basis or only ever once in a while, it is important to keep safety in mind. The last thing you want to do when traveling for business is realizing you’ve misplaced your passport or have been speaking in a derogatory way to the locals. Things like this and other issues can arise that you can prevent by taking the following actions before traveling to another country.
How to Motivate Employees to Get and Stay Healthy
If you run a small business in the United States with at least one employee, you undoubtedly have worker’s compensation insurance for your workers. This type of insurance is great for covering work-related illness and injury, but what do you do when the claims get out of control? One way to reduce worker’s comp claims is to encourage and motivate your employees to get healthy. Here are a few ideas you can contemplate that will benefit employees and your company as a whole by helping to motivate employees to get and stay healthy.
Preventing Employee Theft in Your Restaurant
While it’s not always discussed, employee theft is a huge issue in restaurants today. If you’re a restaurant owner or manager, you can’t afford to allow your food services establishment become a target for your employees. Because prevention is always the best cure, here are a few steps you can take that will help deter potential thieves.
7 Common Causes of Shopping Cart Abandonment
If you own an ecommerce site that operates on the World Wide Web, or even if you have a brick and mortar business that’s also trying to make sales online, you need to know about shopping cart abandonment and what it can mean for your business. The shopping cart abandonment rate for your business represents the percentage of customers that place items into the shopping cart on your site and then leave without finishing the purchase. Current estimates indicate that 65.23 percent of Internet shoppers abandon their shopping carts without checking out. These are seven of the most common reasons why this happens:
Named Perils Policy vs Open Perils Policy (All-Risk Policy)
You have worked hard to start your business and find the perfect location, but what if an unexpected event was to occur that would cause damage to the dwelling and contents? There are a number of ways to plan for events such as fire, flood, vandalism, theft, windstorms, or natural disasters, but no way to avoid them completely. Aside from basic precautions, your building should also be protected by a perils insurance policy. When choosing an insurance policy to protect from unexpected events, you will need to choose between a named perils policy vs open perils policy. There are some differences between them, and it’s important to be educated on these differences before making your final decision.
5 Useful Ways Small Businesses Can Leverage Pinterest
Pinterest is an image sharing site, also referred to as a virtual pinboard. With Pinterest, you’re able to share and organize images of your favorite things ranging from home décor to wedding flowers and recipes. Small businesses can benefit from Pinterest too since every image on the site is linked to a blog or website. By adding images to the site, you”lll be able to link them to your company website. And you get a lot of publicity on the site since as of February 2012, there were nearly 11 million registered users, according to TechCrunch.
Bakery Shop Insurance
If you own or are planning to operate a bakery shop in the near future, you will be surrounded by freshly made muffins, pastries, cupcakes, and cakes. Owning a bakery shop is a dream of many, and when you make that dream a reality, it can seem like nothing can or will go wrong. However, unforeseen events and accidents happen, even with the strictest of safety protocols — and when this occurs, you want to be properly protected. Risks of a bakery shop business include damage to equipment or the building itself, accidents that can occur indoors causing an employee or customer to become injured, or extreme weather conditions and natural disasters that lead to sufficient property damage. Obtaining bakery shop insurance is essential for the protection of your finances and the longevity of your business.
Types of Bakery Shop Insurance
Follow The Money: How Small Businesses Get Funding
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Safety Controls for Social Media
Nowadays, most everyone seems to be using social media websites, ranging from school-aged children to grandparents. Companies are also utilizing the advertising possibilities that social media provides, but it can come at a price. With the convenience and ease of social media, comes a bevy of dangers ranging from loss of personal data to cybercrimes. In order to protect your business, you should be sure to implement safety controls to be used by administrators and employees who enjoy using social media for work. This includes creating a strict social media policy and following through by enforcing it.
Accountant Office Insurance
An accountant office employs several accountants and business professionals to provide a medley of financial services to clients. Services include auditing, bookkeeping, accounting, payroll processing, billing, maintaining accounting records, tax returns, budgets, statements, and more. Professionals such as certified public accountants (CPAs), certified management accountants (CMAs), accounting assistants, auditors, general office workers, and other professionals help to keep an accountant office running smoothly. Taking care of the budgets, finances, and taxes of others is a big responsibility, one which makes you vulnerable to a cluster of risks. Some of the more common risks of an accounting office are accounting, payroll, or tax errors, misleading financial statements, conflicts of interests, and employee fraud, to name a few. These and other risks should be covered with the following business insurance policies.
