Posts Tagged ‘Risk Management’
Your Small Business is in Danger: How to Kick an Identity Stalker to the Curb
Small companies have the highest risk of identity theft out of any other kind of businesses. There are many areas of vulnerability because of the way most small businesses operate. If you don’t want your business and your identity to become part of the 75% of all identity theft crime, here are some security measures you can take.
Read More What is a Business Owner’s Policy, or BOP?
One of the most popular insurance forms for small businesses is a business owner’s plan, or BOP. These policies have developed in recent years and increased in popularity. These policies are convenient and specifically designed for small or medium sized businesses.
Read More How Do I Make My Business Secure?
Security is a major concern for any business. However, the security needs for every organization differ, depending on what they intend to protect. Businesses have to assess the various security challenges facing them and come up with appropriate mechanisms to enable them secure items such as money, inventory, and business data.
Read More Safety First. Profits Follow.
Much of workplace safety is common sense. But there is a natural tension between economy of operation and provision for safety for employees, and the resulting risk to the enterprise must be carefully weighed.
Read More 7 Ways to Protect Your Home-Based Business
Just because you manage your company from your family room doesn’t mean you should approach it too casually. You still need to consider the health and well-being of any employees, subcontractors and clients; safeguard expensive equipment and important data; and maintain a professional image to your clients.
Read More Disaster Recovery and Other Happy Subjects
Have you been open in sharing your knowledge and talent with a backup, or even a potential successor? It is prudent and certainly a sign that you take this responsibility personally as a leader among your peers and subordinates.
Read More How to Negotiate a Personal Guarantee
Personal Guarantees are a part of doing business. You need a loan, you seek a loan, and the lender requires a guarantor to sign the loan agreement. There are no ways around this. However, there are ways to negotiate a deal so that your personal assets are not entirely at risk of being liquidated given the case that the loan is not repaid on time.
Read MoreBusiness Categorization, Industry, Location, and the Impact on Merchant Rates
There are many factors that will determine what kind of fees you are charged by your processor. There are some factors that you can control, such as limiting charge-backs and fraud exposure, and others that you cannot, such as how you accept payments, your industry, and your physical business location.
Read MoreFactors That Determine the Transaction Fee Effective Rate
Transaction fees, also called effective rates or merchant fees, are fees that are charged to you by your payment processor on each transaction processed. The fee includes the bank interchange, the credit card association fees, and the processor fee. There are several factors that will determine your transaction fees:
Read More Benefits of Security Systems for Businesses
Security systems, security cameras, and burglar alarms are one of the first things that business owners invest in while starting up a business. Below are some of the benefits that you can get in using a Security system for your small business.
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