You’ve worked hard to establish your business, spending countless hours building it from the ground up. Unfortunately, all of that hard work can be destroyed in sheer seconds if a natural disaster or other emergency happens. No business is completely immune to crisis events, medical emergencies, or disasters. Even if you have excellent preventative measures in place, unforeseen events can threaten the livelihood of your small business. To help protect your business better, establish an emergency plan.
Start your disaster plan by noting down potential risks your business faces. Possible emergencies include fire, explosions, severe weather, medical emergencies, acts of terrorism, and power outages. Depending on your business’s location, you may have additional risks to think about, such as earthquakes and floods.
Once you’ve identified potential risks, your next step is to establish emergency responses to each scenario. Most emergencies require either evacuation or shelter-in procedures, so be sure to consider both possibilities for the different disasters. Create a policy that will specify evacuation routes, an outdoor assembly meeting point, how to assist employees with medical conditions in an emergency, and more. Don’t forget to assign the responsibility of communication to employees, vendors, clients, and guest in case of an emergency.
If your business is forced to close its doors temporarily after a disaster, how will your company cope? Be sure you know how you can keep operating when the office is closed. Do employees have their own computers? How will you communicate this information to them? How far in advance can you let them know? Discuss continuity plans with your vendors, too, to ensure they have procedures for post-disaster events.
Forward-thinking can help your business recover quickly after a disaster. For all of your business interruption insurance and commercial insurance policies, contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage!
We’re in a tech age, and that means hackers are finding inventive ways to get a hold of and abuse business data. From vendor details, bank account information, employees’ Social Security Numbers, login details, and more, businesses of all sizes are goldmines for hackers. Since October is Cyber Security Awareness Month, we’ve rounded up some tips on what your business can do to keep data safe.
Always back up your business data on a secure server. If possible back up to the cloud – and ensure that your login details are safe. Businesses should regularly back up data in case of a disaster, from fire, natural disasters, and cybersecurity breaches.
How many of your employees can access the sensitive information? You may find that it’s surprisingly easy once they are on the system. To safeguard your data, limit who can access the information, restricting it to only the essential team members.
Anti-malware and anti-virus software helps to detect threats – so make sure they’re installed and kept up to date!
Secure Cyber Liability Insurance
Cyber liability insurance is designed to help your business if it does fall victim to a security breach. From recovering data to keep your business’s reputation in check, this coverage is valuable to have.
Talk to the team members at Abatelli Group, Inc. to find out how we can help protect your company data. With reliable cyber liability insurance, we can help your business if it ever falls victim to cyber security breaches. Contact us today to get started.
Whether you work on a construction site or in an office, there’s one thing that all business owners need to prepare for: a work-related illness or injury. Employees are only human and accidents happen. While you may do everything to prevent workplace injuries, sometimes they cannot be avoided.
Business owners should know how to handle an injury or illness sustained while on the job. Check out these steps to guide you through the process.
Seek medical assistance. The first thing you need to do after an injury is to get medical care for the injured worker. If it’s life-threatening or after-hours, bring them to the emergency room or call an ambulance. Do this immediately, as you may face legal backlash if the injury goes untreated. If the injury or illness is not severe, you should send him or her to the agreed upon health care provider, preferably one focused in occupational medicine.
Record the scene. Once the employee is under the medical care of professionals, return to the scene and try to preserve it for investigative purposes. Take pictures of the scene and gather information about it. Record eyewitness information and as many details about the accident as possible. This will help you to file the insurance claim.
Transition them back to work. The return-to-work program is going to be different for every injury, but the employers’ support is what makes all the difference. Set up a program that helps the employee return to their role at work. There may be some help needed, such as accommodation, time off work, reduced workload, or modified job responsibilities.
Ensuring that your business has proper coverage before the accident occurs is critical to making the injury care process run smoothly. This means complying with New York’s workers’ compensation laws and having a plan in place with an injury care provider. Not sure where to start? Talk to the team at Abatelli Group, Inc. where our team will help you find reliable coverage.
Businesses maintain incredible amounts of confidential, sensitive, and private information about their consumers, clients, and employees. Because of this, they are often targeted by online thieves who are looking to make the most out of valuable information. Cyber attacks on the rise, making it all the more important to increase your business’s cybersecurity. Check out these tips to get started.
Limit the type of personal information that is collected. Whenever possible, a company should try to limit the type of personal information collected to a minimum, while adhering to the law and accomplishing business objectives. Quite simply, the less information you store, the less you have to protect.
Limit access to personal information. Ensure that such personal information cannot be obtained from any and every computer in the workplace. Be sure that when employees leave the company, the passwords on computer systems change. Restrict access to personal information to qualified personnel.
Store personal information on secure computerized systems. Enable firewalls and other high-security settings on network and wireless systems to prevent unauthorized access by employees or third parties. Use encryption technologies to protect data systems.
Train employees on compliance measures. All employees should be trained in the company’s security and privacy policies. A company’s security and privacy policies should also be enforceable by contract on any third-party vendor that manages personal information on behalf of the company.
Secure cyber liability insurance. Cyber liability insurance is designed to address cyber risks. It typically provides protection for costs associated with data breaches and extortion events. The right insurance program also provides access to skilled professionals to manage the event from start until finish.
Every small business owner knows that they will encounter a certain amount of uncertainty. Whether it’s in finances, customer relations, or product production, there can be many uncertainties that small businesses face on a daily basis. While you can’t know the future, you can be adequately prepared. Not only will this provide you with peace of mind, but you’re more likely to respond quickly and efficiently when trouble strikes.
Stay in the now
It’s easy to get caught up in your own world when at work, especially if you have a busy schedule and a routine. One of the best ways to combat financial uncertainty is to stay on top of economic indicators. By educating yourself on the general state of the economy and how economic trends might affect your industry, you can put yourself a step ahead of others.
Prepare for numerous outcomes
It’s wise to stop assuming the most likely outcome will turn up at the conclusion of every situation. A successful company prepares for various outcomes regardless of what’s expected. Be sure to include all departments and employees in this planning process. You’ll get fresh and unique perspectives that are likely to result in critical and innovative thinking.
A forward-thinking company remembers to reflect. Whether it’s critiquing how well your marketing strategy worked or expanding commercial insurance often to ensure your business has adequate protection, make time to review your company.
You only find out just how good your home insurance is when you make a claim. That’s when you really find out just how good your insurer is. What you want is an insurer who will handle your claim swiftly and efficiently, and actively look to help you, rather than trying to wiggle out of paying what you are due. But you also have to play your part – by filing your claim correctly. Check out these tips to help you file a claim.
Report any crime to the police. If you are the victim of theft or your home has been vandalized, report it to the police. Get a police report and the names of all law enforcement officers that you speak with as you may need to provide the details of the event to your insurer.
Call your insurance professional. Alert your insurance company to the disaster as soon as possible. Ask if you’re covered, how long you have to file the claim, and if the claim will exceed your deductible. If your loss is lower than your deductible, you probably won’t want to go through the claims filing process.
Have the insurance adjuster inspect the damage. Your insurance company will likely arrange for an adjuster to come and inspect the home. He or she will be able to determine how much the insurance company should pay for the loss by inspecting the damage.
Make temporary repairs. Photograph or videotape the damage and then take reasonable steps to prevent future damage. If possible, avoid throwing out damaged items until the adjuster has visited your home. Save receipts for what you spend as you may be able to submit them to your insurance company for reimbursement.
Prepare a list of damaged articles. Supply the adjuster with a list of damaged or destroyed items, saving a copy for yourself. Having a home inventory will speed this part of the claims process.
Don’t hesitate to ask questions. Always ask your insurer questions if you are unsure!
One of the most important parts of protecting your home is securing a homeowners insurance policy from a professional agency that can help you in the claims process. Contact Abatelli Group, Inc., serving Whitestone and neighboring cities in New York with the right and reliable coverage.Top of FormBottom of Form
When you run a business, you’re exposed to many more risks than you are when working for someone else. You have more responsibilities and assets to protect. Even so, there are plenty of reasons why to run your own business. Driven by an entrepreneurial spirit and a desire to bring to market a unique idea or to offer a specific skill, there are 28 million small businesses in the US, accounting for 54 percent of all sales.
With so much at stake, insuring your investment, yourself, employees and property the right way is one of the most important decisions every owner must make. From commercial auto and property to workers’ comp, there are a lot of considerations. So, where to start?
Know the rules. Check with your state’s Department of Insurance about which coverage is required of small businesses. You’ll need to ensure you keep up to date with new policies and rules to protect your business, too.
Imagine the unimaginable. No one wants to think of their small business in ruin or financial strain. However, this step does help to protect your business in the long run. Once you know your risks and how your business would manage in an emergency, you can work on improving these two aspects. Consider fires, slips and falls, loss of income, defective products, injured employees, and equipment breakdowns. Look at each step of your business, imagine the worst, and then protect against it.
Talk to a reliable insurer. If you don’t know what coverage your business needs, it can be easy to hand it off to an insurance agent and hope for the best. However, you don’t want to be paying for coverage that you need or have limits that are far below what your business demands. Talking to a reliable and professional insurer will help to determine not only the right policies for your business but the limits and deductibles, too.
In many areas, winter storms are a scary reality for small businesses. Most business owners won’t be singing “Let it snow, let it snow, let it snow,” but hoping that severe weather stays well away from their business. Rightly so, since the threat of windstorms, blizzards, and ice storms can be a terrifying situation for all small businesses.
Preparing for a storm can save your business money by helping prevent structural damage, loss of revenue from unnecessary closures during repairs, and costly liability suits from preventable accidents. To make sure your small business is ready to take on the worst winter storms, read on.
Prepare your office building. Extreme weather storms can cause structural damage to your building. Typically, frozen pipes are the culprit, which then burst and water seeps indoors. Check your building carefully for drafts, leaks, and cracks, especially around the windows and doors. If possible, drain all exterior pipes so that the remaining liquid doesn’t freeze and break the pipes. Additionally, add insulation to exposed pipes to help prevent the chill.
Establish and practice safety drills. The Federal Emergency Management Agency (FEMA) recommends running emergency drills before the bad weather hits. From evacuation routes, communications with employees, and running a business without phones, be sure that you know how to handle each situation.
Secure a generator. Keeping a reliable power source on hand is a safety precaution and a wise business move. If the power goes out, your business can rely on the generator to keep your business running – and turn a profit.
Keep everyone informed. Pay close attention to storm warnings, alerts, and updates. Have a plan to keep employees informed of office closures and further information. Now is the time to update and review your emergency plan, too.
Prepare for the worst. The fallout from winter storms can last for days and weeks. Because most small businesses can’t afford to be idle for that long, a business continuity plan is key. Ensure that this spells out how long you can keep your business afloat in the event of a disaster, how to communicate with vendors and clients, and how to set up temporary offices. You’ll also want to ensure that you know how to file insurance claims if your business has been badly hit.
In this day and age, there are many direct insurance companies who sell their services directly to you. These companies cut out the middle man and choose to cut out the insurance agent. The thinking behind this is that because you’re eliminating an extra person, the price will go down. However, that isn’t always the case. By dealing directly with the insurance company, a consumer may take on tasks that they may not realize even exist!
Why Use an Insurance Agent?
Using an independent insurance agent has more pros than it has cons. From understanding your insurance policy to finding costs at prices you thought were impossible, independent agents are here for you. Make sure that your small business is protected with the right commercial insurance policy. Contact Abatelli Group, Inc. for a proper policy on your insurance needs.
Great employees are the lifeblood of any business, but employers are the heart that pumps this blood which makes their business succeed. Losing employees is a concern for any small business because it costs them not only money, but time and productivity. For small companies, keeping the productive and hard-working employees is crucial. Here are a few tips on how employers can have high employee retention for their business.
Take these employee retention tips into consideration in order to keep your best employees. Make sure that your small business is protected with the right commercial insurance policy. Contact Abatelli Group, Inc. for a proper policy on your insurance needs.