Insights and tips on how to protect your adventure sports business, giving you and your guests peace of mind.
Research from technology solutions provider Datto indicates that 20% of ransomware victims are small and mid-sized businesses. These attacks create massive business interruptions and can lead to significant reputational harm for the impacted business, ransomware attacks are particularly damaging. Luckily, there are ways to protect you and your adventure sports business from these potential threats
As an employer, it’s something you hope will never happen – a claim of discrimination, harassment, wrongful termination or any other employment-related claim. But if it does, is your adventure sports business protected?
When most of us sit behind a wheel every day, it’s easy to forget about the risks that come with operating motor vehicles. That’s why a tailor-made insurance policy to protect against the hazards specific to your business, including concerns that are off the beaten path such as MedPay, is a necessity.
Social media provides an accessible platform for advertising and promoting your business to an extensive audience. However, many other adventure sports owners are thinking the exact same way and hopping on the bandwagon. Follow these tips to increase your online presence and leverage social media marketing for your adventure sports business.
Phishing attacks are constantly evolving in order to capitalize on our information. Recently, we’ve seen an uptick of scammers sending phishing emails – even Zoom meetings - about the COVID-19 vaccine. As hackers get better and better at their game, it’s important to know how to spot a suspicious email to help your business avoid a cyber breach.
Each whitewater rafting operation is unique with different insurance needs, just like the class of the river varies by the water and obstacles surrounding it. At CBIZ, we are lucky to have a team well-versed in outdoor adventure. Our VP of Sales, Chris Frazee brings an extensive adventure sport background, having spent 18 years working for a raft manufacturer and being a former river guide in Idaho.
When insuring your outfitter and guides business, you have probably had questions regarding 1099 guides. Oftentimes, 1099 paperwork can be difficult to understand and extremely complex. It’s always best to consult with an attorney and accountant before structuring your staff and how to handle workers’ compensation laws.
Waivers are required for any outdoor business where participants could be at risk while partaking in the sport. It doesn’t matter if you own a hiking business, white-water rafting company, or operate a fishing charter, having your customers complete a liability waiver before participating is a must.
If you own an adventure sports business, you need the right outfitters and guide insurance to protect your company (and your heart). Without the right coverage, you’re at risk of financial loss if your property/gear is damaged or a guest is injured. Many outfitter owners are not sure if they’re compatible with this type of insurance.
The world of outfitters and guides is extremely unique from most businesses. You are always pushing limits and providing your customers with the most fun they have had in ages. Each adventure is full of thrill and excitement. However, unforeseen events can occur and leave you without income or equipment for a period of time.