4 Tips for Entrepreneurs to Keep Your Business Safe

Tips for Entrepreneurs to Keep Your Business Safe FEATURED

Entrepreneurs work extremely hard to build their businesses up from nothing. Unfortunately, it doesn’t take much for everything to slide downhill and crumble if you don’t keep on top of safety and security. Keeping your business safe takes research and planning to see what will work best for you.

When you have worked hard to build up your business, the last thing you want is for it to be ruined by a safety or security issue that could have easily been managed.  Unfortunately, it’s only usually in hindsight that business owners look back and wish they had done something differently in terms of managing the safety of their workplace – almost always after an incident, where it’s too late to make things right.

This article offers a few pointers to keep your workplace safe:

GET GOOD INSURANCE

Unforeseen circumstances like theft or weather damage can be costly. A decent business insurance policy can protect you from having to find the money for repairs.

Additionally, for brick and mortar businesses, you need to protect customers and staff members in terms of safety equipment. Insurance is an important thing to have in place should an accident happen and may often be a requirement. Of course, you could claim on your public liability insurance, but there might be an element of contributory negligence to consider. The insurance company might assert this to mitigate the amount of claim they will cover.

It’s also worth taking a second look at the small print of your policies, which likely include workers’ compensation, general liability insurance, errors and omissions, cyber liability, directors and officers and employment practices liability.

Workbook | Masterplan and Accountability for Entrepreneurs

PROTECT YOUR DATA WITH THE CLOUD

Protecting your data is extremely important. Sometimes this can be even more important than your physical property, depending on your business. Think about using a cloud backup or cloud storage application such as Google Drive or Dropbox.  The cloud backup can store, encrypt and restore earlier versions of important files when needed.

MAKE EMPLOYEES AWARE OF THE RISKS

While your employees should be taking care of your business, this is one of those areas where trust can be breached.  For this reason, it’s a good idea to carry out a comprehensive background check on anyone you employ with significant responsibility.

It can be a good idea to incorporate aspects of security into your regular meetings by educating your staff on common security threats and how they can be neutralized.  Most security breaches happen due to staff members becoming complacent. Bringing them up in meetings can remind your staff to remain alert.

HAVE AN ALARM

If you have a property, you’ll want to make sure you invest in a decent alarm system. Ideally, this will detect and deter breaches.  Have plenty of signs to warn potential burglars that you have an alarm. Make sure you choose a good quality alarm system with a motion detector.

No need to worry about changing the code each time an employee leaves. Purchase an alarm panel that uses unique passwords for each person so old codes can easily be deleted. No one likes a disgruntled ex-employee with an alarm code.

Tips for Entrepreneurs to Keep Your Business Safe PINTEREST

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