Your factory business is more lucrative than you may realize. And no, we’re not talking about the products you produce or the opportunities they present. We’re talking about your factory itself. Irrelevant of its purpose, it’s stocked full of expensive equipment. We don’t need to tell you that; you bought the stuff. But, you may not have considered how appealing this equipment is to thieves. For the most part, we assume that heavy factory equipment is too large to be stolen. But, that’s a naive assumption which could leave you out of pocket in a major way. If you haven’t already, it’s time to turn your attention to the issue of security.

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Small Business

As important as it is to protect your business’s online interests. As important as it is to protect your business’s financial assets. As important as it is to protect your business’s intellectual property. It is still just as important to protect your business’s workspace and those that work within it. As a business owner, you owe it to all those that use or enter your workspace, whether they be employees, customers or members of the public, to ensure it is secure. You need to ensure it is securely protected so that unwanted bodies — burglars, to be precise — cannot find a way in. Below are a few ways to do so.

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Small Business

2017 has been a great year for modern technology so far, and it’s still improving as we speak. But what impact does it have on our businesses? – A great one!

Here is a list of all the positive effects modern technology has on our growing businesses.

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Payments

It is so much easier to send out payments, with sites like PayPal, and internet banking, all you have to do is set up an account, and you can move your money around as long as you have your phone at hand. This is great if you’re receiving payments from your customers because it saves a lot of time for the both of you. And everyone likes a hassle free exchange.

 

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Productivity

Whether you are a big business who own a whole building or a tiny business working out of a bedroom in your house, you need to understand how to protect your business. It is your responsibility as a business owner to make sure you reduce risks in your company to your staff, clients, and any public visitors. You also have to protect yourself against theft; both in the office and of your business intellectuals.

There are many ways you can protect your interests, and it starts with you as an owner. You want to do what you can do limit any potential lawsuits in business as this can not only damage your professional image, it can damage any future business you get. So, how can you be a superhero for your company?

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Small Business

We all know that virtually all businesses outsource some things to external third-party organizations. For some, it’s because they just don’t have the time or expertise to complete certain processes. And, for others, it boils down to costs; outsourcing is usually cheaper than hiring personnel in-house.

 

The thing is, there are some core business processes that you should NEVER outsource! Sure, you might want to run a lean operation and cut down on costs as much as possible. However, if you need things to get done in a certain way or order, it’s more beneficial for your business to have those tasked completed by someone that works directly for you.

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Read More The 5 Core Business Processes You Should Never Outsource

Small Business