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What is the Difference Between a Balance Sheet and an Income Statement?
Maintaining detailed financial records is just one of many aspects to running a successful business. Good bookkeeping practices can give a business invaluable information on its performance and help guide it to future success. However, not every business owner automatically has a strong...
Attracting and Maintaining a Modern Workforce
More than ever, businesses are realizing that in order to appeal to a modern workforce they need to understand what appeals to a younger generation. Creating a business environment that gives off an energetic and positive atmosphere is certainly a step in the right direction, but what else should...
Review of Society Risk Control Services Available to Customers
Insurance isn’t always top of mind but when unexpected incidents happen, people are certainly glad to have the protection. The primary purpose of insurance is to reduce financial uncertainty and make accidental loss manageable. In other words, it is one tool for reducing risk. In exchange for a...
Hired and Non-Owned Auto Insurance and How it Protects Your Business
Commercial auto insurance provides coverage for vehicles that your business owns. Unless specifically requested, it may not provide coverage for vehicles that your business doesn’t own but are used in connection with your business. The reality is that many businesses regularly use vehicles they...
Recognizing and Avoiding Workers Compensation Fraud at Your Business
Workers compensation coverage is a necessity for businesses of all sizes. It provides an essential safety net for employees who sustain an illness or injury at their job by providing them with medical benefits and replacement wages. Like all types of insurance, however, workers compensation is...
9 Tips for Dealing with Angry Customers
No matter how tight a ship you run in the restaurant business, you can’t please everyone. Some customers will get upset, irritable, or downright irate. It’s never fun to deal with these situations - but it is important for your business. The way your staff responds to angry customers can affect...
4 Restaurant Technology Trends in 2022
The restaurant industry has always been ever-changing to adapt to new customer needs, but it changes more rapidly now more than ever. With emphasis on expediency and convenience, the past few years have seen increasing ubiquity of third-party delivery services, curbside pickup and more. But what's...
How Your Business Benefits From a Risk Control Survey
A risk control survey is a standard practice for most Society Insurance policyholders that helps us determine the best ways to protect your business. But what is a risk control survey? How is it scheduled? What do you, as a business owner, do to prepare for a risk control survey? Here we'll go...
How Your Business Can Improve at Avoiding Credit Card Fraud
According to the Federal Trade Commission (FTC), credit card fraud is the most commonly perpetrated type of fraud, totalling $149 million in losses in the year 2020 alone. Because of this frequency, it's important for businesses to protect themselves. Here are some tips on avoiding credit card...
Workplace Stretching and Exercises You Can Do at Your Desk
Most jobs, no matter their nature, can be physically and mentally tiring. Whether you spend most of your time at a desk or on your feet, it's important to take the occasional breather and do some stretches to stay limber and destress yourself. According to the National Center for Biotechnology...