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...
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...
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...
Posted: December 9, 2022
2023 is almost upon us, along with the long-held tradition of New Year’s resolutions. For individuals, after a season of parties, food, holiday cookies, cakes, and drinks, resolutions about losing weight are a common theme – but what about small business owners? The New Year is the ideal time to set goals for the year, establish a workable plan to achieve those goals, and evaluate...
Posted: June 19, 2022
If you are practicing medicine, malpractice insurance is a must. Myths and misunderstandings surrounding professional liability insurance for doctors make the subject more complicated than it is. Here are some common medical malpractice insurance myths, followed by the facts: You Cannot Be Sued for More Than Your Policy Limits This statement is false. You are the one being sued for malpractice. If a jury awards...