Posts Tagged ‘Risks’
Why Taking Risk is the Ultimate New Venture Advantage
Outside of dreams, there is no real business opportunity without risk. Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. My conclusion either way is that they have…
Read MoreWhat Should Small Businesses Know About Cybersecurity in 2018?
As 2017 comes to a close, cybersecurity professionals are looking at the year ahead, and predicting how the industry will change in 2018 and beyond. Inc.com’s Joseph Steinberg recently spoke with Steve Morgan, Founder and Editor-in-Chief of Cybersecurity Ventures, and released his own cybersecurity predictions for 2018 based on the firm’s research. Here are key…
Read More6 Types of Insurance Your Small Business Should Have
Are you covered? When a business owner starts a business then from the very first day, he put himself at specific risks. So it’s essential to have the right insurance even before hiring the first employee. In fact, a single tragedy could be sufficient to completely uproot a small business. Luckily, businesses have access to…
Read MoreHow to Prevent Office Supply Theft
Office supply theft is a problem at lots of offices, both big and small, around the country. Theft occurs when employees take something from the supply closet for their own personal use. It could be something as small as a pen, or something as big as a computer monitor. Whatever the case, this is theft,…
Read MoreWhat a Natural Disaster Could Mean for Your Business
Every year hurricanes do massive damage to the United States economy and cost the world an average of $300 billion. The damage is not simply limited to the cost of repairing homes, infrastructure, and other buildings. There are also huge intangible costs suffered by individuals and companies who are unable to produce their usual revenue…
Read MorePrinciples of Workplace Safety to Live By
A lot of managers have an antagonistic relationship with workplace safety guidelines. It’s not their fault, certainly; when rules and regulations are handed down like commandments from on high, it can be hard to respect them and easy to get annoyed. However, the reality of the situation is more complicated. Workplace safety guidelines exist not…
Read MoreHow to Protect Your Assets from Money-Draining Lawsuits
As an entrepreneur, it’s part of your job to anticipate risks to your business. Bad weather, theft, an accident, or a lawsuit, are just few of the risks you have to prepare for. You can install security cameras, alarms, and high-quality locks to protect your store against theft. You can buy a generator and create…
Read MoreTop Threats to Your App Security
In the world of software design, security is becoming an increasingly important concern during development. Applications have become more accessible over different networks and as a result, are more vulnerable to a wide variety of threats. Click here to read more on mobile security. Many applications are fundamentally flawed, making it possible for hackers to…
Read MoreDeath and Disability: Is Your Franchise Unit Protected?
It’s hard to consider certain possibilities in our life. Whether it’s creating a will, designing an exit plan, or getting affairs in order, people naturally stray away from activities that have to do with their potential demise or disability in the future. I admit planning for the possible early end to your life is never…
Read More7 Keys to Making a Micro-Business Your Success Path
In the last few years, I’ve heard more and more about a new type of small business, called a “micro-business” (or micro-enterprise). These are usually characterized as owner-operated, with five employees or less, and less than $250,000 in sales. With the low cost of e-commence entry, and powerful Internet technologies, they require minimal capital to…
Read More