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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
As a franchise owner, you know that things don't always go according to plan. Success always involves some amount of risk. Discover how building a successful risk management program for your franchise can help manage those risks, better protect your employees and guests from harm and shield your business from associated costs. Fundamentals of Your [...]
Over the last few years, franchsies 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. Claims and legal fees routinely cost businesses more than $1 million and [...]
Slips, trips and falls are a leading cause of workers’ compensation and general liability claims. For your employees, slips, trips and falls are the third most common type of occupational injury. On average, these injuries account for 12 days of work missed for employees and are very costly to companies. In fact, the average workers’ [...]
Choosing insurance is one of the most important decisions you will make for your business. But coverage options can be confusing and complex. Here are answers to some of the most common FAQs about business insurance for franchise owners. FAQs about Business Insurance What Is Business Insurance? Business insurance helps protect your company's assets from [...]