Insurance advice on what to do when things go wrong by Bill Coons, Sr. Loss Control Specialist Club owners often reach out to us and ask the question, “What do I do if someone says they got hurt in my club?” Another common question in follow up to this is, “How will I know if I’m supposed to report an incident to the insurance company or not?” The answers to these questions may vary slightly depending on the type of incident, but creating an incident response policy and training employees will go a long way in protecting your health and [...]
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One unfortunate reality all business owners must face is that the risk of being held legally responsible for accidents on your business premises is greater than ever. This is especially true for gym owners. In the fitness industry, where clients will be engaging in intense and possibly dangerous physical activity using equipment provided by your facility, you must take every precaution against potential liability pitfalls. What are some gym liability risks you should be aware of? Though an exhaustive list of legal risks would be nearly impossible to put together, the following are the biggest or most common problems gym [...]
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Policies Policies Policies Have you ever heard about black swans? If not it's because these birds are alien to the Northern Hemisphere. When you think of the graceful birds that inhabit lakes and rivers, you probably think of a magnificent white waterfowl with a long and graceful neck. These dark, red-beaked swans are native to parts of Australia. If you see one in North America, Europe, or other parts of the world, it's likely to have escaped or wandered off after being introduced by humans. Most people don't know that black swans exist until they see one, and not many [...]
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Since I am writing this on tax day, I am reminded of the Affordable Care Act (ACA) and what it means for your small business. I want to look at some of the features that will result from the impact on small gym owners, of health coverage and collecting the indoor tanning tax. But First A Disclaimer This is intended to be informational and not to take a stand politically, on one side or the other. Businesses that have employees are going to have to respond and deal with the ACA and some cases of non-compliance may result in penalties. [...]
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