Is Your Business Data Secure? 5 Things to Know About Small Business Data Breaches
Posted: September 5, 2024
A data breach is not something that just happens to mega-retailers – small businesses are also at risk. From customers’ credit card numbers to employee tax information, it’s likely that your small business handles sensitive data on a regular basis. All it takes is one convincing phishing email or a stolen laptop for sensitive data to get into the wrong hands. Having the right business...
How Business Insurance Helps You Weather Any Storm
Posted: September 4, 2024
September marks National Preparedness Month when businesses are encouraged to assess their readiness for unexpected challenges. Whether it’s a natural disaster, a cyberattack, or a legal dispute, being prepared is essential to the longevity and success of any business. One of the most critical components of preparedness is having the right business insurance. It provides a safety net to help your business survive and recover...
How to Reduce Expenses in Your Small Business
Posted: August 19, 2024
One of the most common struggles for small businesses involves managing costs and reducing expenses. It’s essential for maintaining profitability and fostering growth. Practical strategies such as renegotiating contracts, optimizing energy usage, and exploring cost-effective technology solutions can help owners effectively reduce expenses without compromising quality or productivity, ensuring long-term sustainability and success. Analyze and Monitor Your Spending Analyze and monitor spending by conducting a...
Your OSHA Compliance Guide to Recordkeeping & Reporting
Posted: August 4, 2024
OSHA (Occupational Safety and Health Administration) ensures workplace safety by setting and enforcing standards to protect workers’ health and safety. Compliance with OSHA’s recordkeeping and reporting requirements is key for maintaining a safe work environment and preventing accidents. Here is an examination of practical strategies for business owners to promote OSHA compliance, covering recordkeeping, reporting procedures, and best practices to promote a culture of safety...
Do I Need Employment Practices Liability Insurance (EPLI)?
Posted: July 19, 2024
Employment Practices Liability Insurance (EPLI) protects businesses against claims of wrongful employment practices such as discrimination, harassment, wrongful termination, or retaliation from employees or former employees. In today’s litigious environment, EPLI is essential for businesses of all sizes to safeguard their reputation, finances, and operations. It covers legal expenses, settlements, and judgments, helping companies to navigate complex employment-related claims and mitigate financial risks. Assessing Your...