With summer temperatures reaching 100 degrees in the Northeast and Midwest, fall safety preparedness is likely to be a distant thought for most American business owners. As the adage goes, however, An ounce of prevention is worth a pound of cure. This week, our editorial team invites business owners to start thinking of fall safety […]
Risk management in retail establishments involve a detailed assessment of the risks involved in the operations aspect of the business. Conducting a thorough workplace risk assessment is vital to business growth and image. Retail businesses are now becoming a thing of the past due to technology. More people nowadays prefer to do their shopping online, […]
Risk assessment is the evaluation of probability of hazards in real-life situations in the workplace. It determines the level of risk through careful consideration of probable assumptions and some uncertainties in a given situation. Within each aspect of the business, from production, distribution, marketing, and sales, risks are assessed on regular basis to determine and […]
Risk management is defined as the sufficient undertaking and handling of risks, which include identifying, analyzing, and prioritizing of potential situations that can lead to unfortunate incidents in the work place. Several methods of risk management include transference of risk, avoidance, reduction of negative effects or diminishing probability of the risk, and sometimes acceptance of […]
According to general liability claims, slip and fall accidents account for over 61% of total incurred losses in general liability claims—more than any other type of accident. The total cost of these claims has reached over $52.9 billion in total. According to the U.S. Center for Disease Control (CDC), over 2.2 million Americans were rushed […]
With the digitization of our world, customer opinion can greatly affect the credibility of any business. Customer can build or break the reputation of a company with a simple review on Yelp, Facebook, Twitter, or any number of local business review sites. Products and prices has become only a part of the overall experience of […]
When it comes to floor safety and protection, one of the most common solutions that come to mind is floor matting. Floor mats are now widely used in various establishments both indoors and outdoors. These commercial-grade products are becoming more popular not only for residential buildings but also for industrial facilities due to their great […]
