No matter the size of your business, there is always a chance you will become the target of cybercriminals and malicious software. While this risk is lower for smaller companies compared to larger ones, it is still highly essential to take all precautions to ensure you, your employees and your customers are kept safe. If you are not doing all of the following, then you could be leaving yourself open to a cyber disaster.
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Topics: Firm News
Finding your niche is important as it can supply you with the revenue you need. More and more business owners are realising the importance of finding a narrow set of clients and targeting both their products/services and marketing to them. In doing this, you can focus all your efforts on being great at a few set things, instead of being average at many. But how do you find this ideal demographic? The following will tell you how to get started in finding a good niche.
Topics: Firm News
Take Control of Your Operations: Properly Classify Your Business Risks
Business owners often learn the hard way that in today's global operating environment, the potential for risks to occur is increasing dramatically.It only takes one trial by fire for owners to recognise the importance of basing their decisions on both the risks and rewards it will bring.
Topics: Firm News
Advantages of Online Recruiting Videos in the Hiring Process
Whether they are a recent graduate, new to the field or changing occupations, many people feel a sense of urgency when looking for a job, preferring to find one sooner than later. They don't have time to search through countless ads with vague descriptions that may not match their skill set.
Topics: Firm News
Experience is what makes good management. While a course can teach you the theory, there is nothing better than day to day practice in managing staff and their issues. Not only will this create a happy and productive workforce but it will give you a head start in the approach and respect you have for your employees.
Topics: Firm News
According to the Harvard Business Review up to 80% of employee turnover is as a result of bad decisions made in regards to hiring. However few businesses and owners actually stop to think whether it is their recruitment process causing these problems and turning away potential employees. If your recruitment strategies include any of the following it may be time to rethink them:
Topics: Firm News
To attract new clients, small business owners may want to look at advertising online. One technique they can adopt is blogging online.
Blogging allows you to share your expertise and attract with potential customers, as well as increase your web traffic and brand awareness. Programs small business owners can use for blogging include WordPress and Blogger, both of which are free.
Topics: Firm News
Your business name is one of the most important decisions you will make as a small business owner. A good name can generate the perception of integrity, professionalism and/or value for money. However, a poorly chosen name could ward off potential new clients, and give the impression that your business is pointless or even offensive.
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When you're reviewing your investments, it's important to remember that income and returns come from two main sources, Capital Gains and Interim Income.
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Small business owners often assume that only large companies, banks or governments are susceptible to cyber attacks. However, a lack of knowledge and defences make small business particularly vulnerable to an attack.
Topics: Firm News