Risk Management
9 Tips to Identify and Manage Business Risks
Organizations and businesses are exposed to different types of risks. Employees and management sometimes heighten potential risk exposure. When a company fails to achieve compliance, financial, and technological objectives, just to mention a few, it…
Risk Management at Work: 5 Tips for 2023
When it comes to risk management, there’s no such thing as doing too much. It’s always better to be safe than sorry. This is especially true when it comes to risk management in the workplace. …
Why Small Business Owners Need Life Insurance
As a small business owner, there are several things you should do for the success of your venture. For instance, you must develop effective marketing strategies, find and retain the right employees and partners, ensure…
5 Ways to Prep Your Ecommerce Business For An Economic Downturn
Economists are hotly debating whether or not we’re in a recession, but we know one thing for certain: times are tough for online retailers regardless of the academic definition. According to Consensus Economics, the US…
How Common Is Theft in the Retail Industry and How Can It Be Prevented?
Theft is a common occurrence in the retail industry. In fact, it is estimated that retailers lose billions of dollars annually to theft. Investing in smart retail security solutions is the best way to protect your business…
Why Businesses Should Treat Employee Burnout as a Risk Management Issue
The business world has become increasingly aware of how employees feel on the job. Workplace burnout has become a prevalent issue — one that leads to many people seeking new employment. Can the way your…
3 Most Devastating Small Business Pitfalls (and How to Avoid Them)
As a small business owner, you’re juggling a lot of details, decisions and doing a lot of hard work to keep your business solvent and successful. You may also be familiar with the grim statistics…
Interview With Galen Hair: Insurance Claim HQ Owner and #1 Client Advocate
We all know that being prepared can save you loads of time and money. But sometimes, it is difficult to know what to prepare for. Galen Hair, Owner of Insurance Claim HQ, has seen it…
Small Businesses at Higher Risk of Being Scammed than Large Companies
Scammers and cybercriminals understand that small business owners are extremely busy and don’t have as many resources as larger businesses, using this to their advantage. There are a variety of common scams that are directly…
The Risks of Implementing Major Business Change & How to Assess Them
It is hard to view a major business change program in its entirety without identifying potential risks to its success, which is undoubtedly a must. After all, if we do not appreciate what could go…
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