Small business and entrepreneurial success can be a steep and slippery road. Risk is everywhere. Social media has become a presence that is not going to fade away into the sunset. It is here to stay and small businesses and…
One huge risk factor that many small businesses fail to address adequately is the potential harm that can be done by a disgruntled customer or less than stellar online review or comment. If not addressed forcefully, and immediately, these negative…
It seems simple enough. BYOD-Bring Your Own Device, is a new fact of the business world that is quickly becoming unmasked for what it potentially might be: the new 600 pound gorilla in your risk room. The BYOD phenomenon has…
When it comes to risk, every business, large or small, needs to make its preparations and establish a plan for mitigating as much risk as possible. As times shift and change, so do the risks. Some risks that were planned…
One prevalent risk today that is generally ignored by most entrepreneurs and small business owner’s is that of their reputation especially their online reputation. What is most important in this regard is how to handle this risk across several platforms….
For the online business, cyber crime is, indeed, an ever present threat and an ever present reality. What most small business owners and online entrepreneurs fail to understand, however, is how inevitable it might be. Most current research suggests that…
One of the major risks faced by any small business today is the imminent threat to your computer systems. Your computer system is your connection to the world and to your customers. In our highly connected online world, too, there…
As a small business owner today, you have so many concerns over and above running your business that it is hard to get a handle on everything sometimes. There is risk everywhere and despite the best laid risk management plans,…
The statistics are rather harsh and gloomy. According to the Small Business Administration, only 4 out of every 10 business ventures survive longer than four years. These stats are just for start ups. What about small businesses with employees? The…