7 Tech Savvy Tips That Will Protect Your Business
Preemptively protecting your business is essential in today’s rapidly changing world. Nowadays, there’s no such thing as a business that’s too small to target. Fortunately, by being savvy with technology and planning ahead in a few key areas, you can protect your business. In this post, we’ll look at 7 different things you can do to protect your business.
1. Establish A Healthy Business Culture
As a business owner, your actions and actions of the top people on your team are going to reflect on your company. It’s essential to establish a healthy business culture from the start to ensure people aren’t stepping out of line. You can establish a healthy business culture by being clear on what’s considered a conflict of interest and what it looks like lead with integrity. You don’t want your top management team to be known for shady practices or mistreating people.
2. Once Your Company Starts To Grow, Move Away From A Sole Proprietorship
Having a sole proprietorship when you first start out is fine, but it’s essential to separate yourself from your business once you start to grow. As a sole proprietor, you’re responsible for everything out of your personal finances. Establishing a separate business entity will ensure your personal finances aren’t hit hard when a bad situation arises. If you’re sued as a sole proprietorship, your personal finances are at risk, but if you’re incorporated, your business is responsible for the situation.
3. Make The Investment In Getting Insurance
Insurance never seems worth it until you need it. Insurance is a preemptive way to protect yourself from theft, unexpected incidents and getting sick. It’s also a good idea to protect yourself against liability by building protection into your contracts. Your contracts should state you’re not responsible for an act of nature or another factor that has the potential to interrupt your business. A properly worded contract will keep your business protected.
4. Use Security Cameras To Your Advantage
Recording your premises is an excellent form of insurance against crimes and damage to your property. It’s always a good idea to have video evidence to fall back on in case of accidents, injuries or other incidents at work. Make sure you have the technology to keep a daily backup of your security footage. You can use a combination of physical storage and cloud storage to maximize how much footage you’re able to store. Security cameras and alarm systems are powerful when used in combination.
5. Train Your Employees On Data Protection
Equipping your staff with knowledge on how to protect your data will make breaches less likely to occur. Your company should have standard processes in place whenever someone is dealing with financial or client information. It’s also worth training your employees on how to use the internet safely and avoid downloading viruses.
6. Create Multiple Backups Of Your Data
Simply having your website down can end up costing your business a lot of money. It’s essential to have a recovery process in place in case your website stops working or you lose all your data. Off-site backups are excellent ways to insure yourself from worst-case scenarios where your data is permanently lost. If one hosting provider fails, you can simply upload a current backup to a new server and resume business.
7. Keep Your Software Updated
Keeping your software up to date is a simple way you can protect your business. Old versions of software are susceptible to attack and put your business at risk. Most software updates come with patches that make the application more secure. Identify the programs your business relies on the most and set updates to automatic.