Every business owner in the hospitality industry knows that every day presents new and difficult risks to overcome. It is the nature of the business. Sometimes, things go wrong. A guest slips and falls or the valet driver damages a vehicle. There are many situations that you need to address. For hotel owners and those in the hospitality industry, excess
Even in this COVID-19 era, there are many people who are more desperate than ever to follow through on their dreams of opening a business. With many communities actively supporting smaller businesses, it has become a great time for new restaurant owners to consider launching their business. But running a restaurant comes with a great deal of challenges and risks.
As a business owner, you deal with a great deal of numbers, from sales to goals to balance sheets. An important number to consider as an employer is that of your employee benefit offerings and its costs. One of the largest challenges that business owners face is selecting the right benefits for their employees while maintaining an affordable premium. This
When you are in the market for insurance products that don’t conform to risk exposure guidelines or for products beyond the expertise of retail agencies, you will need to turn to a wholesale insurance agency. Although it isn’t a top interest for most people, it is wise to know the difference between wholesale and retail insurance agencies. What You
The hospitality industry is always looking for ways to improve their customer experience and keep guests coming back to their brand time and time again. Yet, the industry as a whole faces a significant challenge when it comes to employee retention. While some businesses do not put time and effort into developing a staff retention plan, others are unsure of
Many businesses across the world have suffered at the hands of COVID-19. It has been a rough start to the year, and things are not quite back to normality. Because of lockdown, social distancing guidelines, the lack of employees’ ability to work, and less overall consumption, many businesses are hurting. As a result, owners are looking for ways to cut
Forty percent of businesses never reopen after a disaster, according to the Federal Emergency Management Agency. Implementing steps to prepare for a disaster can help reduce loss in a business. It’s recommended that every organization have a plan in place to minimize business interruptions. Steps to Minimize Business Interruptions Identify the risks that are inherent to your business
In the age of COVID-19, building a strong immune system has never been so important. No one wants to get ill, but there is a lot you can do to support your immune system to keep you healthy. Why is it important to have a strong immune system? Your immune system is a network of cells, organs, and