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RISK MANAGEMENT

Summer break is finished and kids are back in school. That means we can all get back to work. In the months to come there will be quite a few opportunities for community change. Politicians are being challenged at every level. The Houma-Terrebonne Chamber is holding forums for the most important races. We even have recreation and downtown development activity in the mix. These are all opportunities for you to get involved and have your voice heard. Make sure that you don’t waste it.
Our spotlight business focus this month is Risk Management. We visit with a few area experts on ways you can be setting aside savings during a time of downturned economy. We also take a closer look at cyber security and what risks are out there when it comes to protecting your data.
In our general business news, there is a focus in Terrebonne Parish on bringing more events and people to our area. One of the possibilities is through athletic events. This fall, Houma will host two large high school volleyball tournaments. Over 20 teams will compete at H.L. Bourgeois in September and at the Houma-Terrebonne Civic Center in October. The long-term plan is to secure the LHSAA State Tournament.
Another area that is prepping to final take some huge steps towards revitalization is the Downtown Houma area. The Terrebonne Parish Planning and Zoning Department announced in July that it will showcase potential street structural changes on October 18-19 in Downtown Houma during their Downtown Demonstration Day project. Main Street and the areas surrounding the Courthouse Square will temporarily change to reflect some mighty big changes and dreams of the Department. They are seeking public input during and after the demonstration so they know what the public truly wants out of their downtown area.
There’s been a lot of rumbling lately surrounding our local restaurants and the no-longer-Louisiana-owned food delivery service Waitr. Local restaurants participated in a boycott weekend in July in protest of Waitr’s new terms. We explore further the outcome of the boycott and if locals stayed with the service or are looking for other options.
Our first hurricane of the season has come and gone. Now more than ever, our area can prove even the storms that don’t hit the area directly can cause big problems to Louisiana. Highway 1 south of flood protection areas — the only artery we have to get to Port Fourchon. La. Highway 1 in south Golden Meadow and Leeville closed for 41 hours during the storm — a total which cost the local economy close to $1 billion, per estimates. Previous studies show that $22 million in sales are lost every hour that the road is closed. We take a look at the progress being made to elevate La. 1 and protect that region from further closures.
We hope you enjoyed receiving Bayou Business Monthly straight to your mailbox last month. If you need additional copies, please visit bayoubusinessmonthly.com/subscribe.

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