Business owners are in charge of their own safety net. But brokers know that business owners need advice from a competent financial adviser to ensure they have appropriate cover for their individual situations. In the old days the quality of the advice was enough to distinguish a good broker from the pack in the eyes of their clients.
It’s no secret that small businesses have it tough relative to their larger counterparts. It’s equally undoubted that a lack of resources, financially or otherwise, affects anything from credit ratings and capital raising through to people-power and technological capability. Due to the limited resources, small businesses are typically more exposed to external risks beyond their control, whether that’s an economic slowdown, a key employee resigning or losing an important contract.
The most innovative business teams are going agile. How can your team join the movement?
Up until recently, the agile methodology was a project management tool reserved exclusively for software teams. That’s because the original Agile Manifesto was designed by techies, for techies. Now business and strategy teams are adopting agile, and it’s taking off.
It’s a routine Friday morning in the office and it comes as a shock to see blood red text suddenly invading your computer screen. The anonymous author is demanding $300 in bitcoin to decrypt your files. It’s not the best timing but $300 seems manageable enough. You get on the phone to your IT department and the panic starts to set in when you realise that the firm’s entire operating system is infected. The systems might be down for a day or longer. It’s going to be ugly.