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 of innovation that go beyond copying someone else’s idea, but stop short of pushing the leading edge (bleeding edge). Many […]
Risk Management
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 you’re one of the millions of businesses that had to change its operations in recent months, you may be wondering […]
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 and the US, but especially for SMEs. They have found it hard to survive, with many sadly having to fold […]
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 countries, including the United States. Photo by Macau Photo Agency on Unsplash For most people, the main thing they’re concerned about is catching […]
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 documents, and other such items. Of course, you can install strong doors/windows and locks to secure your building. You can […]
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 damage had been done and business owners started to suffer. Almost immediately afterward, the aviation industry was hurt by the […]
Types of Insurance Policies That Are a Must for Small Businesses
According to a study conducted by The Hartford, more than 40 percent of small businesses will need to file an insurance claim in the next 10 years. This study covered the types of insurance claims most often filed by small businesses. The study analyzed over a million policies purchased by small business owners over a […]
What Types of Insurance Are Best for Small Businesses?
You’ve worked hard to build your company up to what it is today. Which is exactly why you should consider if you would recover from fire damage or a costly lawsuit without taking a serious financial hit. Thankfully, there is a multitude of policy types to help ensure that you’re protected against risks like these and others. These policies cover everything from your equipment […]
Employee Training is Critical for Health and Safety in Fitness Centers
As is customary around this time of year, fitness centers, gyms, and other such establishments are a hot topic, with sign-ups skyrocketing following the indulgence of the festive period. However, as places open to the general public, and home to equipment which can cause serious injury if used incorrectly, these spaces can also be incredibly […]
Fraud is Everywhere: How to Ensure Your Small Business Stays Away from It
Whether you’re a fledgling entrepreneur, a business student or a business owner, now is the time to learn how to protect yourself from fraud. Fraud is a considerable problem for entrepreneurs. When malicious actors gain access to sensitive business data, the outcome can prove catastrophic. You can prevent a cyber breach from resulting in more […]
