Posts Tagged ‘Risk Management’
Reducing Risks for Mobile or Remote Workers
More and more companies are choosing to allow their workers to work remotely on either a full-time or part-time basis. While this can be an ideal situation as far as employee satisfaction goes, it can bring up a number of security risks. Here are the things that you will need to look at to keep…
Read MoreNationwide Study Reveals Troubling Small Business Statistics
Looks like a disaster waiting to happen… We all know that common expression and it perfectly reflects my thoughts when I was recently reviewing the results of Nationwide’s 2017 Business Owners Attitudes and Usage Study. Here are the key findings that I found rather scary: Only 20 percent of business owners have built a disaster…
Read MoreWhy These 3 Risk Management Strategies are Critical for Your Business
There is an element of risk in any kind of business venture, regardless of company size or industry. There’s a chance that suppliers or vendors won’t be able to hold up their end of a contract. An accident in the workplace could lead to law suits, or cripple crucial operations for days or weeks at…
Read MoreSocial Media Do’s and Don’ts for Home Safety
Home security and social media can be a dangerous mix. Today’s technology and the prevalence of apps like Facebook, Instagram and Snapchat have become extra tools for criminal and marketers alike. And whilst you wouldn’t normally put such platforms in the same category as home security, the list of safety tools have evolved into more…
Read MoreDisaster Insurance Can Help Small Businesses Prepare for the Worst
While being a business owner has its rewards, it also spawns a laundry list of strenuous duties and responsibilities. It’s no wonder entrepreneurs shove some crucial matters, such as disaster preparation, to the back burner. In fact, 68% of small business owners don’t even have a written disaster recovery plan, and 21% of these owners believe a…
Read MoreStartup Security: 5 Ways to Avoid Theft in Your Small Business
Theft costs businesses millions of dollars each year. For your business to grow, you need to protect your profit margins, and a part of that is preventing theft. Random thieves and even your own employees could be draining your cash and carrying off your material goods. In fact, more theft comes from inside the company…
Read More7 Legal Risks of Doing Business Online
If you have an idea for a service or a product, you can start an online business. With modern technology, starting a business has never been easier… The web eliminates the immediate need for a storefront, you can easily promote—and for a reasonable price—on social media sites such as Facebook or Twitter, and you’ll be…
Read MoreGeneral Liability Insurance for Business: What It Does and Doesn’t Cover
As a small business owner, you may have been tempted to throw your hands up in frustration at the intricacies of insurance. It sometimes seems like the entire point of insurance policies is to make sure no one ever actually makes a claim. As you look through the list of policy exclusions and restrictions, you…
Read More5 Effective Ways to Protect Your Small Business from Frauds
Nearly half of all small businesses experience fraud at some point in their business lifecycle. According to the Association of Certified Fraud Examiners, the total loss as a result of business fraud exceeded $6.3 billion in 2016. Unfortunately, business frauds aren’t easily detected. When discovered, the damage is already done, and there’s nothing that they…
Read MoreHow to Keep Your Business Insurance Premiums Down
When it comes to business insurance cover it is not wise to start cutting corners in pursuit of ‘cheap cover’ but there are ways to reduce your premiums without sacrificing coverage. The savvy business owners out there will be able to reduce costs without compromising the business. Here are six tips we can offer to…
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