Risk Management

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Retirement vs. Reinvestment: How Should Business Owners Plan for the Future?

When you’re a business owner, you — and only you — are responsible for your financial future. As you grow your business, it can be difficult to tell whether you should save any extra funds…

Here’s Your Guide to Choosing 3rd-Party Risk Management Tools

 You can’t work with vendors or other third parties these days without assuming some amount of risk — and as these vendor supply networks grow more and more globalized, that risk increases. Even though a…

Is the Future of Auto Insurance a Good Deal?

Of the many things that changed in 2020, a major one amongst Americans was driving habits. According to Autoinsurance.org, some parts of America saw a 60 percent drop in mileage in March. With less driving,…

Contingency Planning for Project Management

In some areas of the world, contingency planning is all about having a Plan B for those natural disasters that might occur, but the reality, as you will see from any project manager course, is…

5 Keys To Reducing Startup Risk By Building On Trends

It may not be as sexy, but starting a new business which builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. There are many levels…

Do I Still Need Insurance If My Business is Closed?

Almost eight million businesses are at risk of permanently closing due to the coronavirus pandemic. Many small business owners are struggling with the decision of when and how to safely get back to work.  If…

How are SMEs in the UK Coping with Covid-19?

The coronavirus pandemic has turned the entire world upside down in 2020 and impacted just about every aspect of modern life. It has created wide-ranging issues for all businesses in the UK, along with Europe…

Coronavirus: How is It Disrupting Your Industry?

If you’ve watched the news at all in 2020, you’re probably at least a little concerned about the coronavirus. The first case of the virus was in Wuhan, China. Since then, it’s spread to many…

7 Reasons Why Your Business Needs an Inspection From a Commercial Locksmith

You The possibility of your commercial establishment getting burgled cannot be ruled out. Thus, your top priority is to prevent theft in your business premises that may have expensive equipment, raw materials, finished products, important…

Are Businesses Looking to Decrease Dependency on China in an Increasingly Troubled Market?

Economists originally predicted that the so called US-China trade war would have little impact on small-to-medium sized businesses. Once a trade deal was in place, they announced everything was over. Nevertheless, a great deal of…

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