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Cyber Insurance: Protecting Small Businesses from Social Engineering Fraud
Posted: September 7, 2023
October is Cyber Security Awareness Month, so now is the perfect time to examine and refine your business’s cyber security precautions, things like password policies and employee training. It’s also the perfect time to make sure you have a cyber insurance policy.If you operate a small or midsize business (SMB), this domain of criminal enterprise increasingly has you in its crosshairs. Why Are SMBs Targeted?If...
4 Fire Prevention Tips for Your Business
Posted: September 1, 2023
Reducing the risk of a fire at your business is one of the most important things you can do to help protect your customers, employees and property. The U.S. Fire Administration reports that more than 116,500 nonresidential building fires occurred in 2021. Those fires caused 1,025 injuries and almost $3.7 billion in damages.The Unseen Costs For business owners, these damages can be more costly than...
Growing Your Business: 9 Tips for Opening a New Location
Posted: May 30, 2023
You started your business with a dream. A vision for the future. And there’s no satisfaction like watching that dream come to fruition.If business is booming and all your hard work is finally paying off, it’s natural to think about expansion. But how do you know when the timing is right to open a new location?The truth is, there can be danger in growing your...
9 Tips to Boost Employee Morale
Posted: May 30, 2023
For business owners, hiring and retaining good employees is always a challenge. But in today’s highly competitive job market, the task of keeping your workforce engaged and productive is harder than ever.After a disruptive few years following the COVID-19 pandemic, more and more working Americans find themselves dissatisfied with their current job. In fact, a recent poll from Monster.com found that an astounding 96% of...
The Pros and Cons of Crowdfunding: Is It Right for Your Business?
Posted: March 1, 2023
As a business owner, you’re undoubtedly familiar with the old adage, “it takes money to make money.” It’s a fact that rings true for any new venture. Whether you’re looking to launch a startup, expand your existing service offering or add a second location, it requires an upfront financial investment.Traditionally, most entrepreneurs have had only a few options for funding their business. They can self-fund their...