Scam emails are dangerous for your business. Intended to cause mayhem and advance the personal interests of the perpetrators, scam emails can contain a number of malicious features, such as links to phishing sites, or infected web pages and attachments containing malicious software. Falling for these tricks can cause financial losses for your business, so it’s important to be able to recognise if an email is legitimate or a scam.
Most individuals and organisations today rely heavily on the Internet for all of their activities. This can be said especially for businesses, who now consider the Internet a needed resource for various processes, from enterprise resource planning to client relations management and accounting and bookkeeping.
This heavy reliance on the Internet can be a problem, though. With the Internet being host to malware attacks and hacking, your sensitive files, particularly your business and financial files, can be compromised without adequate security measures.
So how do you protect your business computers and files from viruses and other malicious software? Here are a few tips:
Many business owners, especially those who own small businesses, shy away from loans for a lot of reasons. For some, a loan is an unnecessary expense. For others, a loan is a liability that will cause a problem sooner or later, so it must be avoided at all costs.
But what they do not realise is they could be exhibiting signs that they do need a business loan. Here are 6 signs that your small business is in dire need of a businesses loan.
Because they are limited in funding and resources, a lot of small business are turning to banks for the financial support they need to seize opportunities for growth and keep the momentum going.
And you’re probably one of them! With dozens of banks out there promising a world of possibilities for your small business, choosing which one to go with is not easy. If you want to know which bank is best for your business, consider these three simple tips.
As a business owner, it is in your best interests to keep your income protected. But with all the uncertainties that come with running a business, protecting your income can be a bit challenging.
Don’t worry, though - we’re here to help! Here are 5 things that you should consider if you want better protection for your business income:
Are you planning on starting a business, but have no clear idea as to where to begin?
Establishing a business is not as easy as it looks. Not only will you need to plan ahead and come up with the needed resources, but you’ll also have to keep the momentum going, if you gain any at all.
In many companies, the chief financial officer (CFO) is usually the person who oversees the management of cash flow and financial risk. Hiring a CFO can cost a lot of money. Fortunately, there is an alternative that small businesses can utilise in place of a full-time CFO: a virtual CFO.
Fringe benefits are additional provisions that are given to an employee outside of their basic salary and entitlements. These can include perks such as use of a car, health insurance, life insurance coverage, employee stock options, discounts and allowances. Offering fringe benefits can help employers attract and retain workers, and is an effective way of keeping employees satisfied with their jobs.
For many small businesses, a new financial year brings with it the promise of a clean slate and a chance for growth and improvement. The new financial year may have already begun, but it’s not too late to implement new financial year resolutions so you can avoid repeating the financial mistakess that you committed last year.
It’s almost the end of another financial year and your current business insurance plan will expire soon. A lot has happened in the past 12 months and it may have led to significant changes in many aspects of your business, potentially cancelling some of your cover.
So now is the time to ask: Is your current business insurance plan enough?