Risk management Archives - Page 2 of 3 - Smoothie King

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

The Importance of HVAC Maintenance

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 [...]

By | June 28th, 2022|Franchise safety, Risk management|Comments Off on The Importance of HVAC Maintenance

Cyber Liability Insurance for Franchises

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 [...]

By | May 23rd, 2022|Franchise safety, Risk management|Comments Off on Cyber Liability Insurance for Franchises

Fire Safety for Franchises

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 [...]

By | March 4th, 2022|Franchise safety, Risk management|Comments Off on Fire Safety for Franchises

Risks and Benefits of Parking Lot Improvements

Parking lot improvements can make a big difference for the customer experience and curb appeal of your restaurant business. Every parking lot poses a risk for cars, pedestrians and property, as customers and employees can be involved in accidents and cause damage. Improperly maintained parking lots may pose an increased risk for your business. However, [...]

By | March 4th, 2022|Risk management|Comments Off on Risks and Benefits of Parking Lot Improvements

3 Tips for Training Employees on Cybersecurity

Over the last few years, franchise businesses have become a favorite target of cyber criminals. Hackers have stolen password credentials, company records and customer credit card data from thousands of well-known establishments. Most franchise businesses do not consider themselves at high risk for hackers, but the consequences of a cyber attack are serious. Data breaches [...]

By | January 24th, 2022|Franchise safety, Risk management|Comments Off on 3 Tips for Training Employees on Cybersecurity

Password Security: The Recipe for Better Cyber Safety

Franchise businesses are increasingly experiencing disruptions, not only from the pandemic, but from hackers as well. Cybercrime is at an all-time high in many industries, and with fewer security controls, food-based businesses are facing more than their fair share. Password security is your best recipe for cyber safety, protecting all your data, devices and systems [...]

By | January 20th, 2022|Franchise safety, Risk management|Comments Off on Password Security: The Recipe for Better Cyber Safety

Wintertime Risk Management Checklist

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 [...]

By | December 2nd, 2021|Franchise safety, Risk management|Comments Off on Wintertime Risk Management Checklist