Risk management Archives - Smoothie King

Workplace Injuries and their Impact on Mental Health

Working at a quick-serve restaurant can be physically and emotionally demanding. Compared to other industries, occupational injury risk is high. In fact, the U.S. Bureau of Labor Statistics states that workers in food services had higher rates of injuries like sprains, strains, tears, cuts, lacerations, punctures and thermal burns, compared to all workers. While physical [...]

By | May 28th, 2024|Risk management|Comments Off on Workplace Injuries and their Impact on Mental Health

4 Tips to Improve Hiring Practices and Reduce Turnover

Hiring and retaining quality employees has long been a challenge in the industry, as recruiting resources can be low and finding the time for the process can be tricky. Increasing minimum wage and a competitive job market has made things even harder, with many companies responding by changing how they hire. But doing so carefully [...]

By | January 25th, 2024|Quick service insurance, Risk management|Comments Off on 4 Tips to Improve Hiring Practices and Reduce Turnover

Types of Employment Practices Claims

Employment practices refers to the part of your business that deals with hiring, firing and everyday workplace interactions. Employment practices liability claims alleging workplace discrimination or sexual harassment are increasingly common. To protect your franchise, it's important to understand the different types of employment practices claims. Here is a deeper dive into 4 common employment [...]

By | January 10th, 2024|Insurance information, Risk management|Comments Off on Types of Employment Practices Claims

Common Cyber Liability Risks and How to Protect Against Them

As a franchise business operating in today's digitally connected world, your business faces several cyber liability risks. Typically, most franchisees do not consider themselves at risk for a cyber attack and have failed to take measures to secure their systems and data. For franchisees like you, cyber crime is expensive, causing damage or destruction to [...]

By | September 18th, 2023|Franchise safety, Risk management|Comments Off on Common Cyber Liability Risks and How to Protect Against Them

How to Prevent Equipment Malfunction for Franchise Businesses

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 [...]

By | July 12th, 2023|Franchise safety, Risk management, Uncategorized|Comments Off on How to Prevent Equipment Malfunction for Franchise Businesses

Preventing and Preparing for Workplace Injuries

Even the safest organization will experience a workplace injury from time to time. Whether it’s a minor paper cut or a more serious cut requiring stitches, your business should have a prevention and reaction plan in place for injuries. Preventing Workplace Injuries — Implementing an Injury Prevention Program An injury prevention program is a proactive [...]

By | January 23rd, 2023|Franchise safety, Risk management|Comments Off on Preventing and Preparing for Workplace Injuries

Preventing Customer Injuries: Reducing Slip and Trip Hazards

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 [...]

By | November 18th, 2022|Franchise safety, Risk management|Comments Off on Preventing Customer Injuries: Reducing Slip and Trip Hazards

How to Improve Cyber Security in Just One Month

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 [...]

By | October 13th, 2022|Franchise safety, Risk management|Comments Off on How to Improve Cyber Security in Just One Month

Security Systems for Reducing Employee Theft

There are unique challenges when it comes to reducing employee theft. Margins are thin, turnover is high, and almost everything is a consumable. While many businesses focus on external theft, franchises face a significant risk from their own employees. According to the National Restaurant Association, up to 75% of inventory shortages and 4% overall sales [...]

By | September 15th, 2022|Franchise safety, Risk management|Comments Off on Security Systems for Reducing Employee Theft

Implementing a Severe Weather Plan for Small Businesses

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 [...]

By | July 15th, 2022|Franchise safety, Risk management|Comments Off on Implementing a Severe Weather Plan for Small Businesses