Small businesses do not have the same resources as a larger business. Which means it is harder to protect on a grander scale. There are elements of your business that you will need to focus on to ensure they stay safe, whereas the bigger firms will have the financial clout to employ whomever they need to get the job done. Your business relies on you being able to protect it, thousands of small businesses go under each year because they never have the right protection. In this article you can see areas of your business that are worth protecting and can ensure you move from merely surviving to success.
Cyber Threats
In this day and age cyber threats can bring down even the most successful of businesses. Stories come out every so often of corporations going offline due to hacking attempts and issues with cyber security. Where these huge hacks likely won’t happen to your business, you still need to ensure it is protected. The mistake many business owners make is by buying generic protection instead of specific protection. For example, if you run a financial business then use a specific cloud siem which can protect your policies from being breached and cyber security at the same time. You need to put the research in to find out which cyber security and antivirus software out there is specific to your own business as they will provide the best security.
Physical Threats
If you run a business that has a physical presence like a store, restaurant or warehouse then you are going to want to ensure it stays safe. This is certainly the case if you sell high value goods like computers or televisions. Sure, if anything happens your insurance will deal with it but your premiums will go up exponentially. Mitigate this by purchasing the best security you can. Make sure you use CCTV and invest in proper locking mechanisms. One of the more obvious ways of protection is by using window shutters, because it takes away the incentive as your products won’t be able to be seen through the window. If you are really worried, consider hiring a security firm to monitor or check up on your site throughout the night.
Internal Threats
You need to apply laws and regulations that your employees follow. If they don’t, you can hold them to account. This applies to cash handling and data handling. It is a sad fact, but many employees steal, whereas others will happily sell secrets to competitors. Protect yourself against this by having them sign nondisclosure agreements which mean you can sue them for damages if this ever happens. The same applies if you think anyone has stolen money, you can go for civil recovery to get back the money stolen. You need to check on these internal threats as much as the external. It isn’t fair because some employees are really good, brilliant even. Yet it pays to be weary, success can only be achieved by mitigates all potential dangers to your business.