Starting your own business is exciting. It can also be trying. In the early stages of business, one of the most common mistakes is not buying sufficient business insurance coverage. It’s an easy mistake to make. Money is often tight early on. This can lead to cutting corners wherever you can. However, business insurance is one place where you don’t want to skimp. Having the right business insurance is essential to your success.
If you run a small business you need to start treating your cyber security as a serious issue. On one hand you have increasingly sophisticated criminal hackers. On the other there are tighter laws and industry standards surrounding your need to protect data. Therefore, putting more investment into your defenses is doubly important for you. Here are five tips that almost every small business should practice to improve its cyber security.
Security is an increasingly significant concern among business owners, and for good reason. The global cost of cybercrime crossed the $600 billion threshold last year. What’s more, it’s small businesses that are often the targets. Given the growing number and sophistication of cyberattacks that target small businesses, you might assume the best way to solve the problem is to throw money at it. For example, you might think you should adopt a complicated infrastructure to keep your operations safe. However, even a few simple changes could be enough to improve your security over the long term.
What matters more, the security of your warehousing facility or its productivity? Both matter equally, right? Unfortunately, most business owners neglect basic warehouse security in favor of marginal profits. That is a mistake. An unexpected breakdown of a conveyor, a defective crane, a sudden robbery—all these scenarios can put everyday operations in disarray. Therefore, security procedures for your warehousing facility should be at the top of your priority list. Here, we’ve highlighted some measures to help you keep your warehouse secure and functioning at all times.
Whether you are a small business or a large corporation, identity verification is important. It keeps both you and your customers protected. What’s more, it improves your company’s efficiency, which will in turn lead to an increase in your profits.
When you own a business, you need to make certain investments so that your business can be as successful as possible. That’s because investing in the right tools can make running your business easier. With the right tools, for instance, you can ensure that you’re tracking everything properly. However, when they’re first starting out as a business owner, many people don’t know which tools are worth investing in and which they should avoid. Here are five smart choices.
Every growing business needs support from a comprehensive suite of mostly digital services. These services streamline mundane, non-core processes and free up scarce resources for higher-value efforts, like product development. No matter what your company does, these five essential digital services should probably be on its list.
Key man life insurance is, to put it simply, life insurance that’s placed on a key person by a business. It protects the business from financial loss in case of the death of the key person. The main difference between a traditional life insurance policy and a key man life insurance policy is that in a key man insurance policy the business is the owner, payer, and beneficiary of the plan.
There is no doubt that business owners and consumers alike share a considerable concern for cybersecurity issues. Take your e-commerce website, for instance. Have you ever lain awake at night wondering if it would pass a cybersecurity test? Read on to find out about 3 areas where you can make improvements to better protect your business.
Warding off data breaches in your small business will involve spending some of your hard-earned profits. For example, there are some must-have protections you need to implement, including anti-virus software and firewalls. However, there are a number of inexpensive measures you can also take. For example, you can beef up your password policies. And you can purchase software for monitoring employees. These measures will greatly increase your defenses. Let’s take a closer look at some further strategies here.
In order to keep your operations safe and competitive in the current business arena, you have to make cyber security a priority. It’s fine just to have the basics squared away. However, the smart business owner will do more than the bare minimum.
If you’re like many Americans, your life insurance knowledge likely includes the fact that life insurance is a safety net. You understand, in other words, that it helps protect your loved ones from financial hardship if the unthinkable should happen to you. If you’re a small-business owner, your life insurance knowledge may even include the understanding that life insurance is especially important for you and your family. But how much do you actually know about life insurance? Seven out of 10 Americans quizzed by the Life Insurance and Market Research Association, or LIMRA, failed a 10-question basic life insurance knowledge test. This lack of understanding may explain why 37.5 million Americans have no life insurance. As a matter of fact, Americans are under-insured in this category by roughly $12 trillion.
Internet safety is more important now than ever. And if you want to keep your business running smoothly, you’ll take note of recent discoveries about major website vulnerabilities. And what are these website vulnerabilities? They are serious flaws in some of the world’s most popular software, including Intel and Google Chrome. Dubbed “Meltdown” and “Spectre,” these flaws could potentially be extremely damaging. That’s because, by exploiting them hackers can steal data and sensitive information from both individuals and businesses. In this article we look into these website vulnerabilities so that you can take steps to reduce your risks.
In a perfect world, no one would even consider using a spy app. Ideally, everyone would behave themselves online and on social media. If that were the case, people wouldn’t feel the need to watch other people’s behavior. But if anything, the Internet and social media have made it easier for people to indulge in sneaky, inappropriate behavior. As a result, spy apps come in handy in those situations. That’s because they provide a way for people to monitor the online activities of others that they might not trust for some reason.
Your home-based business is part of a massive piece of the US economy, more than you might realize. Whether you work from home as a freelancer, a seller on Amazon, a caterer, an online retailer or any one of a number of other careers, you’re one of 38 million home-based businesses in the US alone. Not all of these are small-time businesses, either, as 20% of home-based businesses make $100K-$500K per year. With this type of money going through home businesses, it’s important to keep one thought in mind: Is everything safe? You might not have thought of securing your home-based business the way you would a business in a formal office or another building, but you should. Here are some valuable ways that you can keep your business protected at home.
While you’re working to get your business off the ground, you might need to work for others and build your business in your spare time. If that’s the case for you, you will want to make yourself more valuable to employers. Here, we discuss 3 ways to do that.
We offer here 4 compelling reasons why using a ready-made e-commerce site is better than building your own. Yes, when you go with a custom configuration you will have a site that’s built specifically for your needs. But in all frankness, the site you need probably already exists.
Now is the time for your business to be proactive about cyber security. To do that, prioritize cyber security, keep your staff informed and trained, and call on cyber security experts regularly. Those experts will assist you with employing weakness detection methods such as penetration testing, security audits, and vulnerability assessments. With all of that in place, you will ensure that your business is secure and protected from increasingly sophisticated cyber attacks, both now and in the future.
It is not easy maintaining confidentiality around your business ideas. However, it is necessary if you want to retain possession of those ideas. When you’re starting a business, it is vital that you keep your sensitive information private.