If you became totally disabled, what’s your plan?
What would be the financial impact on your business, your family, if you became disabled due to illness or accident and could not work?
Topics: Risk Management
As the familiar rumble of the turbo-diesel burbled in front of the office, I knew Eddie was stopping by for his regular visit.
Whether in the form of a hurricane, tornado, fire or some other natural disaster, businesses that properly plan for these tragic events minimize the disruption and are more likely to resume operations and flourish than those that simply leave things to chance.
Learn how others do it. Download our guide to growth.
With the New Year upon us, I am reminded of a conversation with a client some years ago. “Bill” and “Doreen” had come in looking for what they thought would be investment advice.
Recently, I saw Mark Gaskamp of Wortham Construction give this presentation about some important upcoming changes that are relevant to risk management professionals. He has kindly given me permission to repost it here for more to see. There are many changes upcoming to laws pertaining to construction and subcontractors. I'd encourage you to read through this presentation if those rules might pertain to you. Some of them begin as soon January 1st of 2012, so make sure you aren't caught off guard.
Monday’s announcement that MF Global filed for bankruptcy came as no surprise to those in the financial world. To those outside of it, this filing is another sad reminder of what happens when smart men do stupid things.
Has your company been subject to check fraud? Chances are you will at some point. 71% or organizations experienced attempted or actual payment fraud in 2010. This can result in thousands of dollars in losses to your business, and, in some cases, even bankruptcy. A U.S. Chamber of Commerce survey reports that one-third of business bankruptcies are due to employee theft. The greatest financial losses from payment fraud are attributed to checks as they remain the most widely used payment methods for businesses.