Business owners are constantly on a crusade to cut the costs associated with keeping their company afloat, and who could blame them? After all, entrepreneurs who manage to cut unnecessary expenses are usually those who survive and thrive for years while their competitors struggle to make ends meet because of their hefty debts. Some expenses […]
Risks
How to Find the Best Car Insurance for Your Business or Personal Needs
Cars have become an essential part of both individual and business life. It is a standing requirement that all cars should have in place a valid third party insurance. With the availability of instant car insurance quotes online, the process is much simpler than it used to be. The first step to finding an instant […]
A Guide to Project Management for Startups
Faced with client meetings, finance issues and an inbox bursting at the seams with unanswered emails, giving attention to project management may seem impossible. Without a clear scope, budget and timescale—and a project management methodology—the business is in danger of being blown around by conflicting needs. Worse still, priorities will be dictated by the last […]
Can You Overcome 5 Risks and Create Wealth?
Of course, we are speaking of increased valuation of your company when we speak of “wealth.” Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. So, let’s examine them and mitigate them. Make you wealthy someday. […]
5 Top Reasons to Assess Your Cybersecurity Risk Right Now
Running a business can be risky since you don’t know when disaster can strike. For example, one day you could be going on with normal operations and then one of your machines just breaks down. If you didn’t have a contingency plan for that, you can lose a lot of money from stalled operations. Nowadays, […]
12 Guaranteed Ways to Grow Your Business in 2019
There are a million things that an entrepreneur should be concerned about when it comes to running a business. And while having a solid business plan is a great start, ensuring that the business enjoys steady growth is a major consideration that entrepreneurs should continuously work on. More than making profits, the business should evolve […]
Why Using Big Data Mitigates Risk and Helps Construction Businesses Take Flight
Construction companies that adopt technology to accelerate delivery can achieve real efficiencies. But if they aren’t also gaining insight from the project data, they’re missing a major opportunity. It’s like building a better, more powerful jet engine, then never actually leaving the ground. Digitizing all those construction documents creates a wealth of information, but most […]
Asbestos Claims: Could Your Business Be Liable?
Asbestos needs to be taken very seriously. It is responsible for thousands of deaths every single year—in 2016 it claimed the lives of 2,595 people suffering from mesothelioma, as well as causing a number of other fatalities in the of asbestosis and additional conditions. In addition to the number of deaths, asbestos is also the […]
Business Risk: Bet the Farm Only When the Crops Are on Fire
How much risk are you and your company willing and able to tolerate over time? Most people believe that early stage companies should take risks aggressively because there is less to lose and much more to gain with each risky bet or decision. Common thinking goes on to address large, public corporations by expressing that […]
3 Big Risks for E-tailers in 2019 + How to Handle Them
Each day, the world of ecommerce grows thicker with competition—making it an increasingly risky landscape for entrepreneurs to navigate. Yet the competitive nature of internet retail is only one risk facing prospective owners (and veteran ones) as we move closer to the end of 2018. If you want to avoid the blunders of highly visible […]
