Bates Hewett & Floyd

??Holiday Decorating Safety Tips for Your Home & Business?? The holiday season is the perfect time to add some festive cheer—but it’s also a time to prioritize safety. From fire prevention to choosing the safest decor, our latest blog covers essential tips for creating a safe and joyful environment for your family, employees, and customers. ????? Read our blog to learn how a few simple precautions can help you enjoy a worry-free holiday season!

?? The holiday season is a crucial time for small businesses, but it also comes with unique risks — from unpredictable weather to increased liabilities. How prepared is your business for potential interruptions? In our latest blog, we dive into why Business Interruption Insurance is essential during this busy time of year and how it can help safeguard your income, even when disaster strikes. If you're a business owner in Palatka, St. Augustine, or surrounding areas, don’t miss out on these important insights. ?? Read more to learn how to protect your business and your future during the holiday rush, and schedule a complimentary consultation with Bates Hewett & Floyd today! ??

According to the Identity Theft Resource Center, the number of reported U.S. data breaches rose 68% between 2020 and 2021, increasing to a record-setting 1,862 incidents. Of these breaches, 83% involved sensitive information, such as Social Security numbers. HR teams have the internal relationships and resources available that make them the best suited to prevent sensitive information leak when it comes to cybersecurity.

In today’s digital world, cybersecurity isn’t just for tech companies—it’s essential for every small business. ?? Cyber threats are on the rise, and knowing the best practices can save your business from serious financial and reputational damage. From securing sensitive data to protecting customer information, we've got you covered! Don't wait until it's too late—be proactive! ?????

Our President, Benjie Bates, had a wonderful and meaningful conversation on the impact of investing in employees through benefits and what we see in our own local community.

Managing the cost of employee benefits is crucial to maintaining profitability without sacrificing quality. Discover ways to control costs while providing competitive packages ??.

Open enrollment is an opportunity for employers to educate their workforce about attractive benefits offerings that can help boost employee retention, satisfaction, and engagement. However, with four or five generations in the workforce, finding a benefits plan that satisfies everyone can be challenging. We're helping by giving you our best tips on what to consider to keep employees happy and high retention.

Understanding the different health plan options during Open Enrollment can save you time and money ??. Here are the most important factors to consider: ?? Coverage limits ?? Premium costs ???? Network of doctors ?? Prescription coverage Need more guidance? We're here to help! https://lnkd.in/efGyvgK4 #HealthPlanChoices #OpenEnrollment #EmployeeBenefit

As costs continue to rise, offering your employees the right benefits can be a game-changer. Here are tips to reduce costs while providing essential coverage: ?? Compare different plans ?? Utilize tax-advantaged accounts ?? Consider tiered options for employees Let’s discuss how our team can help you save on benefits this year! ??

Understanding the cost of commercial insurance is crucial for every business owner. It's not just about the size of your company—here are five key factors to keep in mind: 1. Industry Type: The nature of your business significantly impacts insurance costs. High-risk industries like construction or manufacturing often face higher premiums due to the increased likelihood of claims. Knowing this helps you anticipate and manage your insurance expenses. 2. Business Size and Revenue: Larger businesses with higher revenues typically pay more for insurance. This is because they usually have more assets to protect and face greater potential liabilities. Regularly reviewing your coverage as your business grows is essential to ensure you're adequately protected without overpaying. 3. Location: Where your business is located can influence your insurance rates. Areas prone to natural disasters, like floods or earthquakes, may lead to higher premiums. Additionally, local crime rates and the proximity of emergency services can also affect costs. 4. Claims History: If your business has a history of frequent insurance claims, insurers may view you as a higher risk, leading to increased premiums. Maintaining a clean claims record can help keep your insurance costs in check. 5. Safety Measures: Implementing robust safety protocols can positively impact your insurance premiums. Insurers often offer discounts to businesses that prioritize workplace safety, as it reduces the likelihood of accidents and claims. Regularly reviewing and understanding these factors can lead to significant savings and better protection for your business. Stay informed, stay protected.