Creating a Flood Emergency Response Plan for Your Business
According to data from FM Global, organizations with a structured flood emergency response plan (FERP) experience 70 percent less damage than unprepared businesses. These establishments can also re-open sooner, with less destruction to contend with following an incident. Company owners are expected to develop a business continuity plan that factors in flooding and other natural…
Building a Water Damage Mitigation Program
Water systems are real estate’s biggest property loss leader, costing on average three times as much as insurance claims that don’t involve water damage. Contrary to popular belief, most water damage claims are a result of accidents and not weather-related. Creating a well-documented water damage mitigation program can help minimize damage, limit the severity, and…
Benefits of Earning a Cannabis Business Certificate
It’s estimated that legal cannabis could bring in anywhere from $28 billion to $41 billion by 2028 in the United States alone. From growing and testing to retail, the cannabis industry has become a reliable source of employment in our evolving economy, generating about 50,000 to 100,000 new positions per state. Yet it’s a common…
Risks for Cannabis Cultivators
The legal cannabis industry has a long supply chain, starting with cultivators and farmers. While risks are primarily discussed at the retail level, an increasing number of concerns are emerging for cultivators, spanning from health and safety to testing, maintenance and security. If you own a cannabis-related business, here’s what you should know. Cannabis Is…
Largest Concerns for Legal Cannabis Businesses
According to recent studies, the rate of growth for legal cannabis businesses is expected to surpass that of coffee chains. By 2026, sales through dispensaries and other retailers are predicted to exceed $40 billion in the U.S. However, despite more states legalizing marijuana for recreational purposes, legal cannabis businesses still face a number of concerns….
