Small mistakes can be opportunities to learn, but bigger errors that have legal consequences attached will often only be made once, as they’re enough to bring your business crashing down. We look at five such blunders and explain how these can be avoided. Unguarded information Sensitive information such as that which is financial or can
Financial threats to SMEs are as likely to happen as physical threats, and in the whirlwind of keeping customers happy, ensuring you’re trading effectively, and paying suppliers on time, there are things that fall by the wayside. But these areas you previously hadn’t paid much attention to can suddenly become problems you can no longer
Starting a business is exhilarating. Insurance isn’t. Dependent on the type and size of your company, you’ll likely need some level of business insurance to legally satisfy your business duties. Finding out what is and isn’t applicable to you, is stressful, time-consuming and can make you feel out of your depth. Due to this, a
“Isn’t directors & officers insurance only for those running publicly traded or very large businesses?” “I’m never going to be in the position where I could be sued by one of my employees or stakeholders.” “It’s just too expensive to consider on top of all of my company’s other insurance costs.” These are common misconceptions
What is Trade Credit Insurance? In its simplest terms, Trade Credit Insurance protects your business from unpaid invoices and provides information to help you trade with the right customers. Protection – quickly replace money lost through bad debt Profitability – safely increase exposure to more customers Growth – secure expansion, allowing you to deal confidently
According to a recent study, almost half of small business owners cancel social plans at least once a week because they are too busy with work-related matters and 25% have fallen ill due to stress and overwork. As a small business owner, it can be easy to fall into the trap of being stuck in
When 4G was launched by EE in 2012, customers were promised speeds up to five times faster than its 3G predecessor. As well as this, they could benefit from extra capacity allowing for streaming on the move. This new technology came at a price, however. The entry tariff for a 4G contract with only 500MB
Cyber crime can seriously affect your business. Malware has the potential to harm your computer in a number of ways, whether it be your PC, Mac, smartphone or tablet. A botnet is formed when the security of multiple computers is breached with the same strain of malware, forming a network of machines that the criminal
In 2018, more major hacks took place from huge companies, including HSBC, British Airways and Facebook. In the first half of the year alone, it’s thought that cyber crime resulted in around 4.5 million records being stolen. Experts suggest the trends of hackers have matured over the last year and allude to a focus on
Between the implementation of the GDPR and a frenzy of high-profile data breaches, this past year has strengthened public concern over personal data protection and misuse. Not to mention, now that the public has more rights regarding the details of their personal data collection, processing and use, they are more likely to join in the
