6 Most Common Small Business Insurance Claims

According to a 2015 study, four out of 10 small businesses will experience property or liability claims within the next 10 years. If you’re a small business owner, the statistics show that claims aren’t rare, and it’s only a matter of time before something happens to you.

Aside from having comprehensive business insurance coverage, knowing what the most common small business claims are can help prepare you for future liability cases. Below are the six most common insurance claims businesses make annually and the issues likely to cause said claims:

Theft or Burglary

Thievery constitutes nearly 20 percent of all small business claims made in the United States. Coming in at the top spot on the list, chances for burglary can come from various sources. Perhaps the suspect is a negligent employee that has malicious intent, or it may be as simple as an outsider breaking in and robbing the business. Beefing up security measures and keeping an eye out for suspicious activity can help you avoid falling victim to burglars.

Wind or Hail Damage

Wind and hail claims comprise of roughly 15 percent of total claims made by small businesses. If your business operates in a location that is known for hurricanes, tornadoes, or severe storms, make sure that the underwriting of your business insurance policy also covers potential damages from these weather conditions.

Water or Freezing Damages

Water and freezing damage makes up 15 percent of total business claims. Structural damages that come from water-related issues can be detrimental. Although your location plays a part in determining if you’re at risk, weather conditions aren’t the only thing that can cause water damage. Poorly maintained piping can cause pipes to leak, which, if not repaired immediately, can go on to do some major damage to the business.

Fires

It’s not only restaurants that are susceptible to workplace fires the Insurance Journal notes, as 10 percent of small businesses have been found to make fire-related insurance claims. Regardless of your industry, the potential for a fire to break out is always possible. Taking extra measures to ensure your business and employees are prepared in case of a fire can help mitigate the destruction they are likely to reap.

Customer Slip-and-Fall

For business owners that have customers walking in and out of their store on a daily basis, this is a worst-case scenario. Comprising 10 percent of total business claims, the possibility of a customer falling and injuring themselves on your sales floor or in your office only increases with more foot traffic. These issues can be quite costly, with the average claim costing nearly $20,000.

If you have customers that visit your store regularly, make sure to take necessary steps to avoid this type of claim. Floors should always be dry and clean, objects and product displays should be out of the way and any debris on the floor should be tended to immediately.

Product Liability

When making claims about your product, keep in mind that the slightest slip up can cost your business greatly. With product liability composing of five percent of total business insurance claims, being completely honest and transparent with customers is the only way to fully avoid this issue. Although coming in at sixth on the list, product liability claims rank third for being the most expensive.

With 40 percent of companies likely to make an insurance claim over the next decade, it is crucial for business owners to implement measures that will decrease the chances of making a claim. With insurance rates already a costly expense for some businesses, the fewer claims that are made, the lower insurance premiums will be.

What Marketing Strategies Should I Use To Build My Business? 

While business owners know that effective marketing plays an integral role in generating brand growth, not all of them have taken the time to implement a targeted advertising campaign. Yet you should. In addition to sending your conversion rates through the ceiling, good marketing can improve your retention rates while also extending your organization’s domain of influence. With these ideas in mind, consider implementing some or all three of the simple, straightforward marketing strategies outlined for you below:

  1. Signage Services.

One great marketing strategy you can deploy to put your business on the path to growth is the use of signage services. These services are important because they ensure that more and more members of your organization’s target market are being exposed to your brand. Companies such as Priority Sign place primacy on developing cutting edge, customized, creative signs for clients who are trying to connect and convert their unique audience.

See more about this company and the results they’ve generated for brand owners by visiting the business website at www.prioritysign.com.

  1. Digital Marketing Services

In addition to using professional signage services, be sure to consider the value of investing in digital marketing services. These services are important because they enable you to connect and convert people in the online realm. Note that while you may have a regularly effective traditional advertising campaign in place, there are likely members of your target audience who have not been exposed to your brand through marketing modalities like brochures, television commercials, etc.

There are multiple strategies that a digital firm might employ to keep your organization growing online. Some of them include:

  • content marketing
  • email advertising campaigns
  • social media optimization
  • online reputation management
  • responsive web design
  1. Public Relations Services.

One final form of marketing that you should be sure to invest in is public relations services. These services help keep you connected to the public while ensuring that your brand’s image is as positive and relevant as possible. Another benefit of public relations services is that they help you maintain a strong, productive relationship with media representatives like journalists, influential bloggers, and reporters. Some of the PR services a marketing firm may offer you include message development, press releases, and crisis communications.

Don’t Delay: Start Using These Digital Marketing Services Today!

If you’re ready to make your brand as successful as possible this year, know that optimizing your marketing methods can help you realize the goal. Use the advice offered in this quick reference guide to take your marketing plan from average to exceptional!

 

4 Tips for Better Company Leadership Utilizing Video

Leadership is key when it comes to growing a company, and fostering employees who will rise to the role when necessary is all about strengthening self-empowerment and avenues of communication. This is where video conferencing comes in, which not only allows employees to connect across a huge spectrum, but also changes up how people think of their workplace. Allowing employees autonomy, such as the ability to work remotely or meet on the go, is a good first step in encouraging leadership skills. Here are four tips for how you can improve potential for effective leadership in your company using the right communication tools.

Company-wide Meetings and Seminars

One feature of BlueJeans enterprise web and videocasting that’s especially useful in contributing toward breaking down barriers between key company leaders and employees is the ability to have a two-way interface when audience members are given moderator level speaking privileges on the fly. This means that the wall between audience and presenter is broken down and made porous. Whether you’re dealing with 100 audience members or 10, the idea behind this type of webcasting is the ability to interface actively. This is key when you’re trying to build up leadership, empower employees, and strengthen personal relationships in the company. In the end, you’ll see quantifiable results when you more effectively groom new leaders and improve productivity with more engaged employees.

Set the Tone of Company Culture

According to Tweak Your Biz, one of the most important methods that defines strong leadership is setting the tone of how business will get done and company culture at the very beginning. This can also include the type of communication methods that you’ll expect employees to use. Video conferencing is an important part of allowing employees to work remotely, or simply streamlining meeting tactics for project teams. While you may encounter a new hire who expects there to be more traditional in-person meetings in a conference room, letting that person know that business isn’t done that way in your company from the start is important. A good way to set up video as an expectation in everyday business affairs is to interview candidates via video conferencing. Whether the position you’re hiring for is completely remote or on-site, this will set up a particular expectation from the beginning.

Establishing and Teaching Trustworthiness

Whether you’re dealing with colleagues or clients, trust is one of the most lucrative currencies in business. According to Business 2 Community, when 75,000 people were asked about the quality that makes leadership most effective, the most popular answer was honesty. While this isn’t particularly surprising, accepting the quality as important, versus living it, are two very different things. In order to inspire trust and loyalty in other people, you need to live by example. This is also what makes for strong leadership and establishes a model for how employees are expected to function within their work environment, in relation to coworkers, and while engaged in daily tasks. Once employees trust the leaders in your business, then the example inevitably trickles down. This can be hastened by using video platform and broadcasting model behavior and leadership tactics across many channels, reaching many employees. For example, if you have an excellent manager who’s good at rallying people, by having dozens of employees join a videocast across the company, it allows you to bring that message to a broader platform.

Seeing Everyone Eye to Eye

If you’re at the helm of a large company or managing a large department, it can be difficult to see who’s excelling that works for you. While this is much easier in a small business environment, or a startup that’s still in the first phases of growth, once your business takes on more staff it can be difficult to gauge where your true team strengths lie. Using video allows you to interact on a large scale with multiple employees, facilitating a dialogue between the new person hired last week and the career manager who’s been with you since the beginning. While this dialogue allows lucrative morale and relationship building to take place, it also allows you to take stock of who’s doing the best job. Interacting with as many employees as possible and trading ideas and feedback is a surefire way to identify who in your organization is poised for promotions, which is much more difficult if you don’t have video to access your entire staff.

Leadership in a face to face context is no longer enough in an age when there is extensive potential for better communication and a larger platform for information to be dispersed. Using video conferencing is the perfect gateway to spreading model management strategies and bringing up the leadership of the future that already exists in your company. Collaboration is also key, allowing natural go-getters to take leadership roles within departments or project-specific teams, using video to transcend geography and removing the barrier of needing to be on-site to exercise leadership prowess. The bottom line is that video amplifies leadership messages and communication at a minimal, scalable cost, and leadership is one of the most important elements that leads to success in your industry.

Tips for Hiring a Lawyer

There may come a time in your life when it becomes necessary for you to secure the services of legal counsel. If this should happen, it is imperative that the person you hire has outstanding qualifications. Otherwise, you run the risk of losing your court case. There are certainly many different lawyers to choose from. You should never make the mistake of thinking that all lawyers are basically the same because they all graduated from law school. The quality of law schools can vary dramatically. Therefore, the quality of the legal counsel these lawyers can provide for you can also be quite different. Here are some things for you consider as you begin the process of hiring a lawyer.

  1. Does the lawyer practice the specific type of law that your case involves?

Lawyers are a lot like doctors. There are many different areas of the medical field that a doctor can specialize in. For example, you would not go to a foot doctor if you are having problems with your back. You would need to be sure that the doctor has studied the type of medicine that is needed to cure your particular ailment. Likewise, there are too many areas of the law for a single lawyer to study. Therefore, he or she must select a specific area of the law to practice. Some lawyers practice several types of law. It would be advisable to only hire a lawyer who focuses on a single legal area. This will ensure that they know all of the ins and outs of that particular legal field.

  1. How much time will the lawyer be able to devote to your case?

This is an issue that many people do not stop to consider. Some lawyers have so many cases that they can only devote a limited amount of time to each one. You need to hire an Iowa workers compensation lawyer who can spend the time that is necessary to construct a case that will allow you to win. Therefore, do not hire a lawyer who has a massive caseload.

  1. How is the lawyer willing to accept payment?

There are lawyers who will only get paid if they win your case. This is called getting paid on a contingency basis. Other lawyers expect to be paid regardless of their performance in court. Meet with the lawyer and determine how they expect to be paid.

 

Increase Your Company’s Productivity With These 4 Techniques

When it comes to finding the best ways to get ahead in an organization, oftentimes the best solution is to increase revenues and sell more. That being said, sometimes the actual easiest way of getting ahead for any organization is simply to figure out where their leaks are and how they can get just a little bit better at what they do. If you are trying to accomplish more with the same amount as (or less than) before, then you should strongly consider the following options in your company to maximize productivity.

Continue to Train Employees

One of the hardest things you will find in an organization is to force otherwise talented employees who have accumulated years or even decades of experience to struggle when it comes to changes. While it might be silly to see a veteran of the organization having trouble with their email or using the internet, the fact of the matter is that you have a very capable individual who has worked their way up the ladder. Now, they are at the mercy of technology that they don’t understand. Instead of making their job easier, you have actually made it worse. That is even more upsetting when you consider the number of employees who would like to embrace technology if they just knew how. As the Huffington Post describes, it is absolutely imperative to know your older workers before you pass judgement or institute policies on them.

One of the best remedies for this type of situation is to simply continue to offer employees opportunities to learn more about technology within the organization. Not only will they continue to feel like they are a strong part of the organization, but you will also be able to see just how much more effective they can actually become at their job.

Improve Communication

In many organizations around the globe there are constantly issues with communication. This can be extrapolated when it comes to a company that is growing, a company involved in a merger or acquisition, or even just a company that deals with people in multiple time zones. Instead of waiting to see how long it will actually take to communicate with the other party and delay whatever task you are waiting on, it makes a lot more sense to have the option to speak with others. For many, that answer is simply the best video conference for IT by the BlueJeans Network. Not only can you figure out in a short period of time how easy it is to always be connected to others, but you will also be able to give faster response times, have less downtime, and truly see work getting done faster than ever before.

Implement RFID Tags

One of the easiest things for any organization to do is to track their inventory and products better than ever before. With items such as the RFID systems found in inventory management today, you can simply scan individual tags on any pallet, product, or even equipment, and then instantly know where it is in a given warehouse or plant campus in a matter of seconds. The technology that is behind the radio frequency devices isn’t just tremendous for tracking inventory, but when you consider the capabilities of finding equipment or other items in places such as retail, hospitals, or even with multi-component manufacturing facilities, then you can see why a type of tracking system for all of your possessions could eliminate anything being lost as well as give you real time data on how long it takes to move inventory through the operation. As the RFID Arena outlines, there are significant benefits to any sort of radio frequency strategy for tracking.

Cut Hours For Employees

The simple thing about work is that some people believe it extends to match the amount of time you have to do it in. The reality is that when you start to consider an average workday, you know your employees are working hard, but you also know that they are spending some time in any given day on non-work related tasks. That is why some companies have taken the approach to cut hours instead of extend them in the hopes that employees will then be able to work as hard as they can in order to meet their objectives for the day. The truth of the matter is that when you start to think about how effective your employees can be if they are focused, then they will work harder to meet goals. Throw in the fact that they don’t have to work as long so long as they can accomplish what needs to be done, and you can see the tremendous results of your output increasing.

At the end of the day, your employees will continue to do significant amounts of work, but you do need to embrace technology and show them how they can save by doing more with less. The suggested processes listed here may not seem all that intuitive, but they will wind up being some of the best options in terms of output and productivity.

Best Communication Solutions for eCommerce Enterprises

Even though the world of business has continued to ramp up over the years as the internet has led to new growth opportunities and brand new outlets, the fact of the matter is people are starting to realize there are only so many low hanging fruit left on the technological tree to pick from. That is why when it comes to finding the best possible ways to move forward with their operation and their organization, it only makes sense to see one of the best possible video conferencing solutions. Pay attention to the following reasons as to why so many are making communication via the internet their top priority.

Constant Communication Is Everything

In the world of business, you are starting to be able to see a strong shift and a major trend. Over the last decade people and customers of all types wanted to compete on price. It didn’t matter if they had to jump through a hoop and translate their language three times in the process. If someone was going to be able to save a few cents in the process, then they were going to make the switch for the cost savings.

However, the business society that is educating others and growing up today seems to be one that trusts and values strong relationships over time far more than they value a few extra cents. After all, people are not just trying to find the right opportunities to move forward which will give them the best value over time, but they are also trying to think about the business relationships that will give them the least amount of headaches in a given period of time as well, according to Chron. Finding the chance to always be connected to others isn’t just about having some fun new gadgets or apps that you can play around with over the course of the workday. It is about making sure when there is a problem or an issue, you can get the answers you need quickly or demonstrate the value of your company by giving answers to the other party that they desperately need.

Global Communication from Anywhere

While you may be much more comfortable in a given location or with a specific group of people, the one thing that you need to realize about the current business landscape is that talent is everywhere and people are always on the lookout for new customers, suppliers, opportunities, and more. That means you should look outside of your geographic and physical area in order to find new potential resources and you should be doing this all of the time. However, it’s not just about being sure you can actually contact those people or just find them in the first place. What you will want to do is to be sure you can effectively communicate with them early and often.

You may need to feel like you are always on the phone with someone or sending them information and messages all of the time in order to make up for the lack of physical presence. However, when you consider the fact that a service like BlueJeans’ video meeting solution platform is able to have you in front of your audience within just a few seconds, it only makes sense to see if you can have just as good (if not better) communication with someone over a virtual conference than you would have in person.

Always Be Proactive

If you think about any sort of relationship, then you know being proactive versus being reactive is a much better strategy and a much more profitable one. Always being someone behind the eight-ball is something that no-one strives to accomplish. It is also something that can give off a bad vibe and potentially harm your business reputation as well because who wants to work with an individual who doesn’t seem to care about the consequences or the results? However, when you start to consider the powerful possibilities of something like an online video conferencing system then you can see why so many people fall in love with the system. Not only can you be proactive in the sense that you are always touching base with your customers and clients as well as other stakeholders, but even when things happen you can put out the fire quickly as a result.

Instead of continuing to play the game of doing business the old fashioned way, it makes much more sense to simply be able to communicate with others in the new business landscape. It’s not just about adapting so you don’t fall behind, but rather you want to adapt to be a leader and to get ahead. Think about how tapping into the new power of video conferencing technology can help your business today and see why more and more companies are making the switch.

Even More Republicans Cannot Endorse Trump

More Republican Congressional and party leaders have announced their lack of support for Donald Trump. The newest revelations of non-allegiance came in the wake of the latest Trump scandal, the release of tapes in which the candidate made comments concerning women that many party leaders have branded as reprehensible. While the release of these comments may not have actively alienated the billionaire businessman’s core base of support, they have had egregious effects on his poll rankings. If recent poll numbers are to be believed, Trump is currently behind Hillary Clinton by double digit rankings.

The Stage Is Being Set Up For A Showdown

The stage is thus set for a showdown between Trump and a multitude of Senators, including Mike Crapo and many others, who now refuse to back the official Republican party candidate. Meanwhile, high level Republicans, such as Paul Ryan, have already refused to invite Trump to a number of party events. If Trump continues to be blackballed from major black tie Republican ceremonies and proceedings, the effect on his approval rating and poll numbers will continue to be largely negative.

Trump’s Essential Base Of Support Will Remain Significant

Of course, Trump can continue to play up these snubs as evidence that he is the ultimate “outsider” or “People’s” candidate. The “lame stream media” will naturally continue to play into his hands in such cases. However, it will become harder as the days slip by for Trump to tap new reserves of support beyond those that are already pledged to his cause. The lack of new support may well be the factor that decides his fate in “battleground” states, such as Ohio, Virginia, and Florida. Without a significant upswing of support in such areas, he will be hard pressed to rally his base to overcome his opponent.

What Can Trump Hope To Accomplish Without Party Support?

Trump can take heart in knowing that there are still plenty of Republicans, such as Ted Cruz and Chris Christie, who still stand by him. However, the defection of Senator Crapo and others will have a chilling effect on his prospects, even if he does manage to win the election. Operating in the role of the Presidency will become a matter of knowing whom to trust. For a person such as Trump, not knowing who to rely on in his greatest hour of need may become an issue that has visible repercussions when it comes to choosing his inner circle of advisers.

Trump’s Fate In 2016 Will Have Far Reaching Consequences

While it is not yet too late to determine if Trump can ride out this latest wave of defections, it is a troubling premonition of things to come. A “purge” of the Republican party under Trump’s direction would have far reaching consequences that might decide its fate for many years. It is precisely this that troubles many high ranking Republican party leaders.

It is likewise entirely too early for Democrats to sound the death knell of the party. While Trump’s candidacy has proven to be a supremely polarizing issue for Republicans, this does not mean that the party is headed to the sidelines of history. However, the issue of whether or not the party should ultimately embrace or reject Trump is one that will cause many headaches in the ensuing month.

 

Finding the Right Aircraft Mechanic Job

When was the last time you looked for a job? If it’s been a while then you may not really know what to do anymore to make sure you’re getting the job that you really want. The key is making sure you are looking anywhere and everywhere and making sure you’re talking to people that you know as well.

What is an Aircraft Mechanic?

An aircraft mechanic is the person who checks out the airplanes used throughout commercial and personal applications to ensure that they are flight ready. They may do general inspections and maintenance but they may also complete extensive repairs and rebuilding of airplane parts and components. This means that it’s an extremely complex job and one that requires a lot of training in order to be successful. You need to be certified in order to gain employment in this position as well, which means you really need to know what you’re doing.

Certifications and Training

In order to be an aircraft mechanicyou need to complete a whole lot of training which can and will include:

  • 18 months of practical experience with power plants or airframes
  • Written, oral and practical testing

Though this might not seem like much, it means that you need to spend a lot of time and effort on getting certified. If you prefer, there is an option for attenting an FAA school to achieve training rather than gaining the practical experience component. You still have to pass the examinations however, in order to be certified.

Finding a Job

Once you’ve got all your certifications you’re still going to need to find a job. Looking for aircraft mechanic jobs in NC isn’t as difficult as you might think though. You probably won’t find much looking in the classified ads of your local paper, but you can check a number of other sources to find out more:

  • Check online sources
  • Call airlines for openings
  • Check airline websites

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The best thing you can do is get your name out there. Going to a certified school can be a great way to meet people who are already in the industry and may be willing to recommend you at some point in the future. On the other hand, getting the practical experience can also be a benefit in this regard because you could get a job offer from the experience.

Getting Out There

Get as much practice and experience as you can. The more people you talk to and the more experience you gain the better you’re going to be when it comes to getting a job and the airline is going to know that. They’re going to want someone with the skills to accomplish a number of different tasks so the more you’re able to show them the better chances you have of getting hired. Knowing people is going to be important too. It can be difficult to get a job, but if you know someone who can help you get a foot in the door you’re off to the right start.

Which Country Produces The Best Cars?

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Are the days when the American automobile industry dominated the world over? To some, it would seem that way. In fact, only a few years ago, Detroit was on the verge of collapse. The government had to step in to save the day. Nevertheless, they are back making vehicles that compete for sales with most other brands. But, who is best overall?

Everyone seems to have their opinion on the subject. One person will only buy American; meanwhile, another swears by the safety record of Japanese brands. Someone else will argue that the performance of Mercedes in Formula 1 racing demonstrates German excellence.

To help settle the matter, following is a comparison of the top car-producing nations. The ultimate goal is to arrive at a definite conclusion of just which country makes the best cars.
Safety

Most of the data on safety comes from the intense research conducted by the National Highway Traffic Safety Administration (NHTSA). This agency puts cars through rigorous testing to ensure their suitability for use on American streets.

Well, as many would assume, Volvo came out on top. This Swedish brand propelled the nation to first in the safety category, with Germany, Japan and Korea following closely in that order. The crash testing included frontal and side collisions, each nation receiving an overall score from 1 to 5. Sweden scored in the 5 range.

Speed

Want to drive fast? Stick with Italian brands. These cars average a 3.9-second acceleration from 0 to 60 miles per hour. Hold on to your wig. The British made it to second with a respectable 5.7 seconds.

Likewise, the Italians earn highest marks for top car speed. Their vehicles have an upper range close to 200 miles per hour. Yes, these are virtual racing cars. America comes in at the bottom at 120. Then again, who needs to drive any faster?

Fuel Efficiency

Consumers want to save as much money these days as possible. They want efficient gas mileage from their cars.

Japanese brands top this category, scoring above 25 miles per gallon. Korean cars came in a close second, followed by American automobiles at about 23 miles per gallon.

Price

Again, the average household does not want to spend all its savings on a car. Nor, do they desire going into debt to own a decent vehicle. Thus, price is a definite concern.

On the other hand, if money is no object, then buy Italian, with their whopping average price tag of over $200,000. Well, that might be expected of a nation that prides itself on its Ferrari and Lamborghini brands.

Penny pinchers should opt for Korean cars, or take a defensive driving course to save on auto insurance.

Ratings by Experts

So, what do the professionals think? Well, researchers have aggregated the reviews of such noted publishers as Popular Mechanics and Motor Trend to arrive at an answer.

Overall, the professionals like the Swedish. Volvo is overwhelmingly their chose as the number one brand. These cars score high across the board, winning outright in the all-important safety category. With Volvo, drivers do not have to forgo luxury for durability.

By the way, only the high-priced, safety-challenged Italian cars saved American brands from a last place finish among the experts.

Who is best overall?

Honestly, it all depends on the unique needs of the consumer. However, according to the categories above, the Swedish are the best. They have the top safety record, a mid-ranged price and garner the highest respect among car experts.