Risk management tips Archives - Fast Signs

4 Tips to Improve Hiring Practices and Reduce Turnover

Hiring and retaining quality employees has long been a challenge for franchises and small businesses, 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 [...]

Preventing Workplace Injuries

Even the safest organization will experience a workplace injury from time to time, whether a cut requiring stitches, a strain from repetitive actions or a broken bone from a fall. To help protect your employees and business, implement a prevention and reaction plan. Preventing Workplace Injuries — Implementing an Injury Prevention Program   An injury [...]

By | October 18th, 2023|Risk management tips|0 Comments

Curbing Inflation’s Impact on Business

Labor costs, supply chain disruptions, gas prices, interest rates and more all contribute to the impact of inflation. Not only is the average consumer experiencing these challenges, but so are franchise businesses. According to an article by the U.S. Chamber of Commerce, inflation has topped the list of challenges for small business owners for the [...]

By | July 13th, 2023|Risk management tips, Uncategorized|0 Comments

Forming a Cyber Attack Response Plan

Cyber attacks have become commonplace for businesses in all industries. With rising frequency and growing costs associated with attacks, businesses need to implement cyber prevention and response plans. Without a cyber attack response plan in place, confusion over how to respond may worsen the attack, lead to mistakes by your organization that increase liability and [...]

By | April 14th, 2023|Risk management tips|0 Comments

Easy Actions to Prevent Cyber-Attacks

When you rely on computers to run your business, protecting against cyber-attacks is a must. Every day, nearly 2,200 reports of cybercrime are filed with the FBI's Internet Crime Complaint Center. Hackers want to access your business computers to commit fraud, steal financial data and hold digital files for ransom. Franchises are most at risk [...]

By | December 21st, 2021|Insurance information, Risk management tips|0 Comments

Cyber Liability Risks for Franchises 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. It's important to first recognize the scope of your cyber liability risks and [...]

Creating a Safe Driving Program for Your Company Vehicles and Drivers

If your business offers delivery, pickup or in-home services, your business faces certain risks that other franchises don't. Having employees that drive for work and company vehicles that need to be serviced and maintained increases your exposure to accidents, claims and liability lawsuits. One of the ways you can manage this risk exposure is by [...]

By | January 26th, 2021|Risk management tips|0 Comments

Preventing Slips, Trips and Falls

In franchises across the country, slips, trips and falls are a leading cause of injury. Both franchise employees and customers are at risk. The result of a slip, trip or fall can range from mild to severe. However, most of these accidents can be prevented with proper awareness of the hazards and the right safety [...]

By | August 6th, 2020|Risk management tips|0 Comments