The holiday season can be a very dangerous time for businesses.
The holidays can easily make up half of your company’s annual sales. With the increased number of shoppers heading to your store, it is important to make sure that you know how to keep your company safe. Keep these tips in mind to protect your business this holiday season.
- Check your supply chain – your inventory is most likely the lifeblood of your business. To make sure that you have the inventory that you need on your shelves, make sure each part of your supply chain is strong. Make a contingency plan to deal with any issues that may come up if your supply chain is interrupted at any point.
- Prevent theft – products are not only stolen off your shelves. They can also be stolen out of your warehouse and while in transit to your business. Stay up to date with all of the cargo theft methods so that you know what to watch out for.
- Properly train seasonal employees – hiring more employees during the holiday season can help you keep up with the demand. If you do not properly train your seasonal employees, it can lead to customer service and workplace risks.
- Prevent cyber attacks – you don’t only have to worry about visible threats to your company, you also have to worry about cyber threats. As more and more people are doing their holiday shopping online, the number of cyber hacks is also increasing. Ensure your company has the right security in place and actively monitor your online sales throughout the season.
For all of your business insurance needs, contact DG&M Agency in Rochester, New York. As an independent insurance company, we will work with you to make sure that you have the right amount of protection, all at the right price to fit your budget.