Don’t Get Caught without a Business Succession Plan

Many business owners may be good at running their companies, but the majority of them are failing to address essential long-term planning that is critical to sustaining their businesses. The one area that the majority of business owners often neglect is planning for business continuity if they die or become disabled, according to the "MassMutual Business Owner Perspectives Study."  While the question of your death or disablement is not one that's fun to ponder, it makes good sense for business owners to put plans in place in case the worst happens. This is especially important now amid the COVID-19 pandemic…

Continue Reading Don’t Get Caught without a Business Succession Plan

How to Reduce the Risk of Theft, Vandalism at Your Business

Burglary, robbery and vandalism can be particularly devastating to small businesses in terms of money, customers and employee safety. You can see thousands of dollars of merchandise or equipment damaged or stolen, and your employees and customers can be in mortal danger if your facility is robbed.  These types of risks to your business are unpredictable, but there are crime prevention steps business owners can take to protect their assets and employees. Here's what you can do: Burglary prevention Establish and enforce clear policies about employee theft, substance abuse, crime reporting, opening and closing, and other security procedures. Provide training…

Continue Reading How to Reduce the Risk of Theft, Vandalism at Your Business