Insights and tips on how to protect your adventure sports business, giving you and your guests peace of mind.
Vandalism poses a risk to nearly every business and its properties. While public buildings and structures often bear the brunt of such acts, private properties are not immune. Vandalism can cause physical and financial stress.
Fires can devastate small businesses, causing property damage, loss of inventory, disruptions in operations and even endangering the lives of customers and employees.
Adventure sports businesses regularly face several risks that could necessitate a temporary shutdown or reduction of operations, both of which can have devastating effects. Business interruption insurance can play a key role in ensuring operations resume following a catastrophe.
Many adventure sports owners assume that their business is too small to be threatened by employee theft, or that all their employees are honest and loyal. Unfortunately, investigations into employee theft clearly indicate that it occurs much more frequently than employers realize.
Discrimination has become a growing concern as environmental, social and governance (ESG) and diversity, equity and inclusion (DE&I) awareness continues to increase. Discriminative missteps can have major negative legal impacts upon your outfitter business and leadership. Review the top types of discrimination and recommendations to help protect you from potential claims.
Many business owners are distressed when they file an insurance claim given that these claims typically follow a devastating event such as a fire, disastrous weather, or a guest injury. To help you file a claim with ease, we’ve compiled some useful information to make the best of this trying experience.
If your business employs individuals who are vital to its success, key-person life insurance or key-person disability insurance can help protect you from chaos caused by their abrupt absence. These insurance solutions can give your organization options other than immediate bankruptcy should you lose your company’s key person or people without warning.
A new year means new adventures! Maybe you’ve been considering starting a hunting business in Wyoming or purchasing a campground in Tennessee. Regardless of the venture, deciding to own a business can feel overwhelming and scary. To help guide your future adventure, here are some tips for starting an outfitter and guide business.
Selecting the right structure for your outfitter business is important. As an owner, you may be trying to determine the right business framework for you — likely either a sole proprietorship or limited liability company (LLC). For many adventure sport owners, minimizing risk is top of mind, and an LLC is a way to gain added protection in addition to insurance.
The uncertainty of COVID-19 has left adventure sports owners at an elevated risk for employment-related exposures and claims, including wrongful termination, discrimination and retaliation. The following insights address the most common of these risks and how to limit future risks.