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A safe parking lot is an important but often overlooked part of a business’s risk management plan. A well-maintained lot helps prevent injuries, minimizes liabilities and contributes to a positive customer experience, strong reputation and improved employee morale. While safety efforts often focus on commercial buildings, it is equally important for business owners to ensure…

Consumers have come to expect numerous options, instant shipping and fast delivery, making a smoothly operating supply chain essential. However, the nature of supply chains can lead to unexpected bottlenecks, delaying production or shipments and impacting an organization’s ability to meet customer demand. These delays can also disrupt cash flow and damage customer loyalty as…

Small businesses in all industries face the potential of lawsuits. These disputes can require substantial money, time and effort, and they can damage a company’s reputation, regardless of the case’s merits or outcome. Considering these ramifications, it is vital for business leaders to take steps to limit the probability of lawsuits being filed and to…

Regardless of industry, small businesses encounter a variety of risks in their everyday operations. These exposures can lead to significant financial losses, making it crucial to secure tailored insurance policies. However, there is no one-size-fits-all solution for all organizations; risk profiles vary widely, and several factors affect insurance costs. Understanding these influences is essential for…

Several cost-driving trends have contributed to the hard commercial property insurance market. This environment has led to continuous rate increases and other challenging conditions. In these circumstances, it’s crucial for businesses to understand why premiums have been rising. This article discusses seven factors currently impacting commercial property insurance costs. Contact Ollis/Akers/Arney Insurance & Business Advisors…

1. What does being part of an ESOP mean to you? "Being part of an ESOP is very important to me. It is a financial security knowing that I will eventually be able to benefit from the success of our company and what we all do every day. I will be able to retire, travel,…

1. What do you appreciate about the ESOP most? "The collaborative work environment it creates.  All employee-owners have something to gain when the company is successful.  I have experienced a lot of team effort over the years.  My co-worker’s willingness to help and offer solutions is priceless.  It really does draw a group of creative,…

Over the past few years, the COVID-19 pandemic, international crises and natural disasters have greatly changed the economy and how businesses operate. As 2023 begins, evolving insurance underwriting trends will likely affect many types of organizations, including houses of worship. The following are five insurance trends regarding houses of worship that are likely to be…

As we move into fall, our battle with COVID-19 continues. August brought Greene County an increase in new cases. Our seven-day rolling average increased from 35 cases per day in July to 88 cases per day throughout August, culminating in 143 reported cases on August 27. The largest number of cases are attributed to people…

Calling all Restaurant Owners! Many things have changed in the last few months. Not just in the way of business but also with our place in the world. We find ourselves quickly wondering what the future will look like, both as business owners and as human beings. It goes without saying that, if you own…