As a business operating in today's digitally connected world, your business faces several cyber liability risks. Typically, most associations do not consider themselves at risk for a cyber attack and have failed to take measures to secure their systems and data. For associations like you, cyber crime is expensive, causing damage or destruction to your [...]
Your franchise relies on equipment every day for every customer, but how to prevent equipment malfunction? Freezers, fryers, grills, ovens, ice machines and other appliances can break down regularly and at a high cost. Beyond appliances, HVAC systems, computers and point-of-sale systems that are critical to running your business can also fail. If your equipment [...]
One of the greatest risks of injury to customers at your business is slip and trip hazards. And these risks are not just a hazard to your customers—traditionally, these incidents make up a large percentage of claims against franchise organizations. A simple internet search of “slip claim restaurant” pulls up dozens of law firms eager [...]
Cyber security is important all year long, but for a busy business like yours, it may be hard to focus on. Perhaps you worry it will take too much time or money, or feel a topic like cyber security is best left to the experts. But as it turns out, taking control of your cyber [...]
Whatever part of the country your business is in, severe weather can impact your operations throughout the year. Consider these statistics on severe weather from the National Oceanic and Atmospheric Administration (NOAA): About 1,200 tornadoes hit the U.S. each year. 100,000 thunderstorms occur each year in the U.S. and 10% reach severe levels. Damaging winds [...]
As the summer heat wave begins, it’s a good time to consider your business’s HVAC system and its maintenance. Well-maintained HVAC equipment can reduce energy loss and save your business money on operating costs. It also helps keep your business safe and pleasant: The correct temperature provides a comfortable experience for guests and employees. Air [...]
Over the last few years, franchises have become a favorite target of cyber criminals. Hackers have stolen password credentials, franchise business records and customer credit card data from some of the biggest names in the industry. The consequences of a hack are serious. Consider these recent statistics: The average cost of a data breach for [...]
Fire safety for franchises is crucial. According to the National Fire Protection Association (NFPA), more than 8,000 structure fires in eating and drinking establishments are reported to U.S. fire departments each year, causing $246 million in property damage. While cooking equipment was the leading cause in these fires, electrical distribution and heating equipment were each [...]
The approach of cold temperatures and wintery weather can lead to an increase in certain claims. The reasons for winter claims can vary, but all ultimately relate to the unique challenges posed by wintertime. It's easy to forget about these seasonal risks when the ice thaws and the sun comes out, but a quick refresher [...]
Experts recently revised this year's forecast for an above-average hurricane season with up to 20 named storms and nine named hurricanes. There have already been five named storms, with Tropical Storm Elsa causing damage and destruction from Florida to the Northeast, including dramatic flooding in New York City's subway system. In addition to the weather, [...]