Insurance Insights

It may seem fairly obvious that if you have cars or other vehicles that are used by your business (owned by your business; owned yourself; or even leased) that you must have commercial auto insurance on those vehicles. It is mandatory in many states, but there is a surprising amount of small business owners that hesitate to get the adequate insurance coverage needed for their businesses—and this includes the proper insurance for the vehicles that are used in their business. It isn’t that these business owners are neglectful, but they often mistakenly don’t feel the need to purchase it based on falsely provided information or some other rationale that makes them hesitate to get the commercial auto insurance that they really do need.

Having to deal with shoplifting isn’t a new problem for retail store owners to contend with, but it remains an issue for many stores across in the US. In fact, according to a 2011 survey conducted by Hayes International, more than $6 billion was shoplifted from 24 major retailers and small retail stores. So how can retail store owners defend against shoplifters? There are a variety of effective methods used by retail store owners that can help small business retail loss prevention. Protecting your business with the following strategies can help secure your business assets and prevent shoplifting from would-be thieves.