Running a successful small business requires more than the ability to generate revenue. It also requires the ability to avoid (or at least limit) losses. Though revenue can make a business blossom, losses can make it wilt. Oftentimes, what makes a small business successful is...
The fact that self storage facilities aren't typically considered dangerous workplaces doesn't mean operators can be casual about workplace safety. According to the most recent statistics from the Bureau of Labor Statistics, of over 3 million private industry nonfatal reportable injuries and illnesses in 2013: ...
Many people don't realize that flooding is the most common natural disaster in the United States. In the past 5 years, all 50 states have experienced floods. According to the Federal Emergency Management Agency (FEMA), total flood claims average nearly $4 billion per year. The...
The Equal Employment Opportunity Commission (EEOC) is responsible for enforcing various federal equal employment opportunity laws. Every year the EEOC releases information about its enforcement and litigation efforts during the previous fiscal year (FY), which runs from October 1st to September 30th. This data can...
Every business needs to be concerned about data security and cyber liability, which is why many are taking steps to protect their data and reduce the likelihood of experiencing a data security breach. Unfortunately, not every business believes they are at risk of experiencing a...
It's hard to ignore the fact that data security breaches seem to be increasing in frequency and severity, particularly those involving credit and debit card data. Just ask Home Depot, Michaels Stores, Neiman Marcus, or their 50+ million customers whose payment card data may have...
Many businesses take a piecemeal approach to buying insurance. One policy for property insurance, another for liability insurance, and so on. Unfortunately, this approach can be difficult and time consuming, particularly for small- and medium-sized businesses. For these businesses, a Business Owners Policy, a BOP,...
Preparation is the key to surviving a natural or human-caused disaster. Nevertheless, a survey by the Ad Council found that 62% of respondents did not have an emergency plan in place for their business. Since up to 40% of businesses affected by a natural or...
Public safety concerns may prompt civil authorities to take action to protect people and property. For example, a governor can issue a mandatory hurricane evacuation, a mayor can close roads during inclement weather, the police can enforce curfews during riots, or a fire department can...
Florida has a new law to combat the recent surge of data security breaches involving sensitive personal information. On July 1, 2014, Florida’s current data breach notification statute will be replaced by the Florida Information Protection Act of 2014 (Act). Though similar to Florida’s current...