Nobody hopes for a business catastrophe, but the best entrepreneurs will plan for one. Whether it’s flooding after a natural disaster which damages stock and premises, or a server outage which prevents online orders, “unforeseen circumstances” can wreak a wide scope of havoc on your business. How long could your business survive if your everyday business processes were disrupted?
Most of us take our workplaces for granted. We come and go, popping out for lunch or to a meeting, expecting that everything will be the same when we return. But what if something happened to disrupt this smooth flow? As hundreds of workers found out in the City of London in July 2016, the
Cyber-crime is one of the biggest problems facing businesses in the present day, with hackers attempting both rudimentary and more sophisticated methods to infiltrate your systems and data. Tradesmen have to remain particularly vigilant, especially when self-employed, as one wrong click of an email or letting your financial information fall into the wrong hands can
Beginning 1st October 2018, the HSE will be conducting its latest inspection initiative, focused on the construction sector. Employers can expect HSE surprise construction site inspections to place an emphasis on ensuring workers are protected from long-term health complications, such as occupational lung disease, that typically result from asbestos, silica, wood or other dust exposure.
Having the right level of trade credit insurance is more important than ever. Between the collapse of construction giant, Carillion, and the downfall of children’s toy company, Toys R Us, recent big-name bankruptcies are emphasising the need for protection against rising insolvencies. Indeed, 26% of UK companies suffered a financial blow due to the solvency
Over 16 million people are employed in the SME sector, dominating 60% of all private sector employment, according to industry data. These numbers reflect a 26% growth since 2000 in the number of small businesses. However, running a successful SME doesn’t come without risk. Here are the top risks facing SMEs, as reported by SMEs:
Although seasonal changes can be a breath of fresh air, they also carry a variety of risks for landlords and building managers, posing the potential for liability disputes. Legislation such as the Corporate Manslaughter and Homicide Act of 2007 and the Health and Safety at Work Act 1974 hold you accountable for maintaining a safe
Last year was a record-breaking year in terms of cyber claims, totalling more claims than the previous four years combined, according to recent industry research. However, researchers predict that cyber claims will rise now more than ever as a result of the General Data Protection Regulation (GDPR). Due to the GDPR’s strict regulations and hefty
Today businesses are encouraging home working more than ever before, and now some are taking the plunge towards making their business fully virtual. This means that they have no fixed ‘bricks and mortar’ office residence and employees all work from home—or wherever there’s sufficient Wi-Fi signal—allowing the company to operate globally without ever having a
You may think that your employees would never steal from you or that your business would never be the victim of theft, but the harsh reality is that nearly every business is eventually victimised by fraud or theft. Thieves (including your employees) do not need direct access to cash to steal from you—merchandise, supplies and
