How many other entrepreneurs or small business owners really understand how to read and utilize financial statements or even critical finance metrics in order to determine a company’s health and financial worth? I found the following financial metrics below to be invaluable in terms of understanding the business health, let alone potential value.
Read MoreIn 1996, the National Safety Council designated June as National Safety Month. The goal was to increase awareness of the leading safety and health risks facing employees and decrease the risk for workplace injuries and deaths in the U.S.
Read MoreLitigation is expensive. It can impact your business’s bottom line, your reputation and your emotional well-being. Bringing and defending lawsuits can cost tens of thousands of dollars even before the case goes to trial.
Read MoreFrom drones and 3-D printing to artificial intelligence and autonomous vehicles, disruptive advancements in technology are everywhere – and they’re rapidly changing traditional business models across industries. While these trends may help improve efficiency, safety, and service, their increasing adoption also introduces new liability risks for the businesses that choose to incorporate them.
Read MoreThe Occupational Safety and Health Administration (OSHA) found that “workplace injuries and illnesses have a major impact on an employer's bottom line. It’s estimated that employers pay almost $1 billion per week for direct workers' compensation costs alone.” While the good news is that there has been a reduction in the number of workplace accidents overall, the cost of workers’ compensation claims is remains high.
Read MoreSafety in the workplace isn’t just a matter telling of employees to behave safely. It’s much more complex. It involves changing old habits, developing a safety program, identifying responsibilities, and creating checklists for equipment, facility and fleet tasks.
Read MoreThe recent snow and quick warm up caused many roof issues in the area. The resulting water seepage caused interior damage to walls, ceilings and equipment. Whether you are a landlord or a tenant it is important to understand your lease and who the responsible party would be for repairs.
Read MoreWe’ve all heard of independent contractors, but do you really understand how they’re different from employees at an organization? To start, anyone who has hired on a temporary or project-basis can be an independent contractor.
Read MoreWinter is tough on your roof. That’s why it’s critical to conduct checkups prior to and after the season.
Read MoreFor businesses built around driving, COVID-19 poses a lot of risks. According to the Centers for Disease Control and Prevention (CDC), the virus spreads between people who are in close contact (within 6 ft) and through respiratory droplets produced when an infected person coughs, sneezes or talks. This can make being in a car with others especially dangerous.
Read MoreNo business is too small to be sued, burglarized or damaged by a fire. And no business owner wants an unexpected event to wipe out their hard work or investments. Thankfully, small business insurance can help protect your company and safeguard your income.
Read MoreThe main difference between general liability and professional liability is in the types of risks they each cover. General liability covers physical risks, such as bodily injuries and property damage. Professional liability covers more abstract risks, such as errors and omissions in the services your business provides.
Read MoreSmall and medium-sized businesses are often prime targets for these cybersecurity attacks due to the fact that many smaller companies typically spend less on cybersecurity measures than larger corporations. No matter the size of the company, recovering from the breach presents similar challenges.
Read MoreA new coronavirus relief bill was passed by Congress and has been signed into law. If you run a small business, here are 15 things you need to know about it.
Read MoreAn unoccupied building is especially vulnerable. If your commercial property will be unattended for a period of time, take steps to protect your investment and prevent damage. First and foremost, notify your insurer. Talk to your agent to ensure you have sufficient protection for your commercial building at all times.
Read MoreSlips and falls are the leading cause of accidental injury in the workplace. And we’re entering prime time for these injuries to affect your employees (and the public!), because nearly half of slip and fall injuries occur between December and March. Don’t let winter weather get the best of you. Make your walkways safer with these tips.
Read MoreA recent survey conducted by a leader in cloud-delivered endpoint and workload protection, announced the release of a 2020 Global Security Attitude Survey. This year in particular, the report revealed continued proliferation of ransomware, heightened concerns around nation-state actors, and the need for acceleration of both digital and security transformation.
Read MoreWinter can dramatically affect a building, from dropping tons of snow on the roof or walkways to freezing pipes and interrupting the power supply. Any of these cold-weather disruptions can degrade your building in multiple ways, including burst pipes, roof trauma, damaged drains and gutters, and power instability.
Read MoreWhile working in the winter can be incredibly draining and difficult, it’s important to remember that there are highs and lows in every industry. The colder weather may put off customers, but it gives you the perfect time to refocus your energies on running your business, and keeping it operating at its optimum.
Read MoreWe want you to be prepared. Every day, thousands of people fall victim to fraudulent emails, texts, and calls. The Illinois Department of Employment Security (IDES) is seeing an increase of fraudulent unemployment insurance claims related to COVID-19 as part of a nationwide scheme. Under this scheme, scammers file the claims using the personally identifiable information (PII) of the victims.
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