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.
It’s important to protect your drivers and vehicles with adequate insurance coverage. That’s why many organizations turn to commercial auto insurance, which can provide the following benefits:
Outfitter employers are urged to prepare for impending legal changes including potential overtime rule shifts and evolving employee benefits requirements. To stay ahead of these challenges, it’s crucial for outfitters to employ proactive strategies, update their policies and closely monitor the anticipated compliance challenges that lie ahead.
Cost-driving trends have driven claims frequency to pre-pandemic levels, amplifying overall loss severity across the segment. Considering these developments, most insureds should anticipate ongoing premium increases in 2024.
Many outfitters rely on seasonal workers to supplement their business during peak times, such as the upcoming winter holiday season, when there’s an influx of activity and eager adventurers. While this additional help is certainly a benefit to your business and bottom line, there are important differences between seasonal employees and 1099 contractors.
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.
Your outfitter may be hosting day camps or field trips for younger adventurers, and children can pose a few risks that you wouldn’t normally think about when hosting adults. Here are some tips to keep in mind to ensure that every age gets the most out of their experience, and safety is at the forefront of planning.
Workplace drug utilization is not permissible and you’re within your rights to ban employees from marijuana use while on the job. Even workers who possess a medical marijuana card or are protected under the Americans with Disabilities Act (ADA) could be terminated for working under the influence.
You’ve probably heard the saying before that only two things are certain in life: death and taxes. While humorous, it is partially true. We’re taking a look at what adventure sports business owners need to know about paying taxes in the U.S. and the deductions they might be eligible for.
Current labor challenges are forcing employers to find ways to balance rising costs and inflation while providing employees with benefits they value and need. Understanding this year’s key employee benefits trends can help you assess whether your offerings meet employee demands and needs so that they can attract and retain talent.