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How is COVID-19 Impacting the Construction Industry?

How is COVID-19 Impacting the Construction Industry?

New pandemic protocols, updated contracts, deferred spending to preserve cash...COVID-19 has changed the way many contractors and construction pros are doing business. Here are a few of the ways COVID has impacted the construction industry so far. Construction Considered "Essential" While many State governments ordered many businesses to shut down to slow the spread of COVID, the construction industry managed to elude ordered shutdowns. Infrastructure projects, in particular, are noted for their importance. And health and safety risks ...
7 Ways Employers Can Prevent Cyber Risks from a Remote Workforce

7 Ways Employers Can Prevent Cyber Risks from a Remote Workforce

Remote work was increasingly common before COVID-19, and now more and more companies are offering employees ways to work part-time or full-time at home. Unfortunately, remote work can bring its own unique set of challenges to employers, not the least of which is cybersecurity. Here are seven ways employers can reduce the risks of data breaches and hacks when they have a remote workforce. Avoid Unsecured Networks Free WiFi is available everywhere these days. And your employees ...
3 Tips to Keep Information Secure with a Remote Workforce

3 Tips to Keep Information Secure with a Remote Workforce

If your business adapted a virtual office environment during COVID-19, developing a remote work policy is critical for securing confidential data. Whether you're updating an existing remote work policy or starting one from scratch, there's no better time to make sure you're protecting the valuable data your remote workers are taking out into the world. How should you secure data with remote employees? We've got three tips to help you put together an ironclad data security ...
Contractor Insurance Dos and Don'ts

Contractor Insurance Dos and Don'ts

You need insurance for your construction business, but you don't want to spend too much or too little on it. If you're paying too much for your contractor insurance, you're tying up cash that you could use to help your business grow. But spend too little, and you may be sacrificing coverage -- and there's nothing worse than finding out after-the-fact that you don't have enough coverage if something goes wrong. Contractor Insurance Dos and Don'ts These ...
10 Small Business Lessons Learned During COVID-19

10 Small Business Lessons Learned During COVID-19

The COVID-19 pandemic has had a catastrophic impact on the global economy, with small businesses hit particularly hard. Despite challenging times, many business owners have learned a lesson or two. Here are a few takeaways from the pandemic that may help your business weather this -- and any future -- storms. Stay Positive, Cash Flow The line between profit and cash flow can be fine, but business owners who survive tough times agree that positive cash flow ...
Your Five Biggest Small Business Challenges Solved

Your Five Biggest Small Business Challenges Solved

For entrepreneurs, running your own business offers rewards as well as challenges. Some issues, like reducing employee turnover and successfully building a brand, are at the top of many business owners' list of complaints—regardless of organizational size. But small business owners have their own unique hurdles to overcome in order to succeed. Read on to learn about the five biggest small business challenges... and how to solve them. Challenge #1: Managing Money While cash flow is an issue for ...
What You Need to Know About Life Insurance During Coronavirus

What You Need to Know About Life Insurance During Coronavirus

Life can feel uncertain right now. Living through the coronavirus pandemic can be downright scary; over 100,000 deaths worldwide have been attributed to the coronavirus. We've answered lots of questions about life insurance in the time of coronavirus over the past few months, and we want to share the following information with you so you can feel more in control and less uncertain about the future. Here is what you need to know about life ...
Identifying Risks in Your Construction Business

Identifying Risks in Your Construction Business

Artisan contractors and construction industry professionals face more potential for loss than business owners in other industries. You don't need to shy away from risk. We're going to walk you through facing your risk head-on and show you how to turn fear of the unknown into certainty. The first step: identifying and understanding your risk. Why Identify Risk? Identifying and understanding your business risk is the first step in risk management. Managing your risk reduces the likelihood your business ...
The Contractor Insurance Guide to Risk Management

The Contractor Insurance Guide to Risk Management

Want to reduce the risk your construction business faces? Sure, that's a given. Because living in fear that a risk could bring your business to its knees is no fun at all. And if you're a sole proprietor of a small, artisan contracting business, worrying that business risk is putting your personal assets on the line is even worse. A little knowledge of contractor insurance policies and risk management practices can offer you the protection ...
Faces of Aegis: Sierra Avalanche Center

Faces of Aegis: Sierra Avalanche Center

This post is the first in a new series, The Faces of Aegis, where we spotlight our clients: the people and businesses who are making an impact in the Tahoe-Truckee area and beyond. The Sierra Nevada mountain range is a mecca for backcountry adventure. The Sierra is home to some of the best backcountry activities in the world, with its reliable snowpack, superb terrain, enviable deep winter powder, and relatively predictable avalanche danger. When snowmobilers, skiers, snowboarders, climbers, ...

 

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