Protecting business assets should be one of the foremost tasks of any business owner. Even if it seems that everything is going smoothly, the possibilities or something going wrong are endless.
To put it simply, if you have assets, you can always lose them. You may be doing everything right, but a little bad luck can turn into a disaster. Thinking ahead is one of the best qualities for a business owner. Exercise them.
Starting your own business is definitely something worth getting excited about. Maybe you’ve had an awesome business idea that you’re sure is going to go down well, or perhaps you are just fascinated with the idea of starting and growing your own company. Like most new entrepreneurs, you will need to be willing to take some risks such as handing in your notice at your current job, or living on a smaller budget for a while in order to achieve your business goals. But, the only thing holding you back is a lack of capital. You don’t have much money, or the savings that you do have are dedicated to something else. On the surface this can seem like a huge problem, but you don’t have to let it hold you back. Here’s how you can start your own business from scratch, even if you’re broke.
Fraud is a serious concern for small businesses, with 1 in 4 falling foul to some form of fraud. The digitization of more areas of business has also led to sharp increase in cybercrime. We trust employees and partners to have our best interests at heart, but SMEs still lose tens of millions of dollars every year.
As the Brexit negotiations continue to hit stumbling blocks, and with a no-deal scenario looking more and more likely, companies looking to expand internationally are becoming increasingly concerned. But if the UK does end up leaving without a deal, and if other countries become similarly Eurosceptic, how will this affect the future of the European Union?
The process of launching a business, especially as a merchant, is quite expensive. Why do I say, “quite expensive”?
Well, we all understand the hassle of being a merchant. Your work is to provide wholesale goods and services to clients. In other words, you will be operating at a high risk, which is something that you need to review before starting any business.