Cybersecurity for SMEs: Stay Ahead in the Flux of Change!
Cybersecurity has become a necessity no matter your business size.
Running a business can be stressful because it can feel like your work is never done. But the act of spring cleaning – tidying and organising your digital and physical environment – can offer a timely reprieve.
Be sure to check all of your website links as would-be customers will go elsewhere if any are broken. Next, check your website’s speed with HubSpot, as it may be slow to render.
Other ways you can make your website more customer friendly:
Does your accounting and bookkeeping system allow you to check your profit and loss and other key metrics daily?
Check your business plan. Assess if it reflects:
Bring some simplicity into your business space – your desk, whether you work from home or other premises.
If you’re holding a lot of stock, but need space for new inventory, consider holding a clearance sale. This may attract new customers. You can then review your business layout for improved traffic flow. Check with your staff for their ideas, too.
This is also an excellent time to:
Be sure to erect new signage to help customers navigate the new setup and safety procedures such as exits, particularly if you have retail premises.
Even if you’ve reviewed your insurance cover at the start of the year, it’s helpful to check it still matches your needs. Remember that the business assets you’ve insured may only be covered at today’s value rather than what you paid for them. This means your policy may only cover the cost of replacing the item if something untoward happens. Otherwise, ensure you’re not at risk of underinsuring your key assets.
Revise your figures to replace your stock, building costs, and other contents. Look at your sales, cashflow and ongoing operating expenses for business interruption insurance. For most business owners, there are ongoing expenses that you need to pay even if you’re not generating any revenue – like staff wages, supplier invoices, rent or loan repayments.
Business interruption insurance can get you through a temporary crisis by protecting your cashflow – so you can pay these expenses, and help ensure the future of your business.
And assess what changes have happened in your business over the year. If you have expanded or stopped certain business activities or changed the way that you operate. There’s a flow-on impact on your risk exposures and, therefore, insurance cover. Also, don’t forget liability insurance such as public and products liability where your business activities or products cause injury or damage to others.
That’s where we can help. Check with us to guide you on spring cleaning your policy package so it suits your unique business now and in the near future.
Article Supplied by OneAffiniti
Photo by People Images on Unsplash