• Encouraging Driver Health & Wellness for Businesses
  • Helping to Keep Your Drivers Safe in Dangerous Conditions
  • 4 Summer Driving Hazards to Be Aware Of
  • Put My Home in Vacation Mode
  • Dryer, Dryer Pants on Fire: Dryer-Safety Tips

3 Small Business Risk Management Tips For Winter

Winter weather can be a risk to the continuity of business operations. Small business owners should be ensuring that their assets and operations are protected against the elements of the winter and flood season.

A strong handle on risk management can help to maintain stability:

1. Deter threats to the physical workspace
The biggest risks typically are frozen pipes and flooding during winter months.

  • Cost Helper, a website that aggregates statistics related to repairs and maintenance, states that a burst pipe can cost in excess of $3,800 if it is located in a wall or the building’s foundation, while subsequent water damage can run up to $70,000.
  • The Federal Emergency Management Agency reports that the average small business flood claim is about $85,000.

Make sure pipes are insulated and carefully monitored, and that your building is protected against floods. As always, a flood insurance policy is critical to ensuring your business is covered should a major event take place this winter.

2. Mind the building’s exterior
Another major risk ─especially for smaller retailers ─ is the prospect of icy sidewalks and parking lots that cause slips and injuries to your employees or customers. If someone falls due to hazardous conditions on the sidewalks and parking lots around your business, you can be held liable for taking care of their medical bills.

The New York Times explained that some cities will penalize companies even if no one does fall. In New York City, the newspaper points out, the sanitation department handed out 10,000 tickets last winter to those who did not clear up sidewalks in front of their buildings, with fines ranging between $100 and $350. Make sure these pathways are clear and safe at all times.  Read More

Recent Articles & News
  • Encouraging Driver Health & Wellness for Businesses
    anemptytextlline
    anemptytextlline
  • Helping to Keep Your Drivers Safe in Dangerous Conditions
    anemptytextlline
    anemptytextlline
  • 4 Summer Driving Hazards to Be Aware Of
    anemptytextlline
    anemptytextlline
  • Put My Home in Vacation Mode
    anemptytextlline
    anemptytextlline
  • Dryer, Dryer Pants on Fire: Dryer-Safety Tips
    anemptytextlline
    anemptytextlline
  • ​What's the Best Day to Buy Gasoline?
    anemptytextlline
    anemptytextlline
  • 5 Car Safety Features You Might Not Be Using
    anemptytextlline
    anemptytextlline
  • What Should You Do at the Scene of a Car Accident?
    anemptytextlline
    anemptytextlline
  • Road Rage Avoidance and Safety Tips
    anemptytextlline
    anemptytextlline
  • Drowsy Driving: How to Stay Alert
    anemptytextlline
    anemptytextlline
  • Is Your Vehicle on Tech Overload?
    anemptytextlline
    anemptytextlline
  • Apple & Google "Do Not Disturb" Safety Feature Limits Phone Use While Driving
    anemptytextlline
    anemptytextlline
  • Distracted Driving Safety Tips
    anemptytextlline
    anemptytextlline
  • All Roads are Not Created Equal: Tips for Rural vs. Urban Driving
    anemptytextlline
    anemptytextlline
  • Pros and Cons of Buying a House Now
    anemptytextlline
    anemptytextlline
  • 7 Family Activities You Can Do While You're Working From Home During the Coronavirus Pandemic
    anemptytextlline
    anemptytextlline
  • 6 Home Organizing Projects to Keep Your Children Busy While You're Working From Home During COVID-19
    anemptytextlline
    anemptytextlline
  • 10 Tips for Staying Productive When Working From Home During the Coronavirus (COVID-19) Pandemic
    anemptytextlline
    anemptytextlline
  • Business Continuity Planning in 4 Steps
    anemptytextlline
    anemptytextlline
  • Creating a Safety Culture in the Workplace
    anemptytextlline
    anemptytextlline
  • How to Onboard and Train Employees into a Safety Culture
    anemptytextlline
    anemptytextlline
  • An Engaged Workforce Can Improve Safety
    anemptytextlline
    anemptytextlline
  • Tips to Help Keep Employees and Visitors Safe in Parking Lots
    anemptytextlline
    anemptytextlline
  • 5 Tips for Childproofing Your Home
    anemptytextlline
    anemptytextlline
  • How to Prep and Open Your Pool for the Summer
    anemptytextlline
    anemptytextlline
  • Swimming Pool Safety Tips
    anemptytextlline
    anemptytextlline
  • Yard Safety
    anemptytextlline
    anemptytextlline
  • Tree Maintenance and Care
    anemptytextlline
    anemptytextlline
  • Summer Home Maintenance Tips
    anemptytextlline
    anemptytextlline