What is a Loss Control Program, And Do I Need One?
Posted: February 4, 2025
A loss control program is a coordinated set of actions or practices that help locate and address potential risks for a business. The program could evaluate losses from employee theft, financial difficulties from claims or lawsuits, and other risks. A tailored loss control program reduces risk and mitigates the extent of economic losses when unexpected incidents occur. How Do I Know If I Need a...
A Life Insurance Checklist for Small Business Owners
Posted: January 7, 2025
Life insurance can be a surprising benefit for small business owners. Whether you run an enterprise with many employees or are a one-person show, much is at stake. If you or an essential team member passes away unexpectedly, it can lead to severe financial stress or even shuttering a successful enterprise. How Can Life Insurance Help Small Business Owners? In the event of an untimely...
A Retailer’s Guide to Loss Prevention
Posted: November 19, 2024
More than $112 billion was lost to retail shrinkage in a recent year, according to the National Retail Federation (NRF). Retail loss, or “shrinkage” as it is commonly called, is a severe problem in the United States. A retailer loses a certain amount of inventory due to damage, employee theft, and shoplifting. These losses affect your business’s bottom line and your livelihood. In a world...
What to Do After Being Hacked
Posted: October 19, 2024
October is National Cyber Security Month, a time to focus on the rising threat of cyberattacks and hacking incidents. With the increasing prevalence of digital threats, businesses and individuals risk falling victim to hackers. If you discover you’ve been hacked, acting quickly to mitigate damage and secure your information is essential. This guide outlines the immediate steps to recover from a hack and prevent future...
5 Ways to Remain Productive After Equipment Malfunctions
Posted: October 4, 2024
Equipment malfunctions can severely disrupt business operations, leading to delays and lost productivity. Whether it’s a computer crash, machinery failure, or technical breakdown, these unexpected issues can disrupt your workflow. However, maintaining productivity despite such challenges is central to ensuring your business runs smoothly. By implementing strategies to manage equipment failures effectively, you can minimize downtime and keep things moving forward. 1. Assess the Issue...
