• Latest
Protect Your New Business

5 Ways to Protect Your New Business

April 20, 2021
Samfet Marble

Samfet Marble: Crafting Timeless Elegance and Sustainable Excellence in Architectural Masterpieces

October 19, 2023
Online Advertising Costs

Online Advertising Costs to Promote a Laundry Business in 2023

October 19, 2023
Corporate Gifts

Choosing the Perfect Corporate Gifts to Strengthen Relationships and Leave a Lasting Impression

October 16, 2023
Customer Retention

How Can A Small Business Improve Customer Retention in 2023

October 11, 2023
Ecdysteroids

Which Food Contain Ecdysteroids and What Are Their Benefits

October 10, 2023
Affordable Services

Affordable Services That Meet Your Business’s Needs

October 9, 2023
Bambet

Bambet Is a Cool Site for Australian Players

October 9, 2023
business

Diving into the Business World: A Student’s First Steps

October 5, 2023
Kids Halloween costumes

10 Most Popular Kids Halloween Costume Ideas 2023

October 5, 2023
Learning and Understanding Chemical Formulas

5 Tips for Learning and Understanding Chemical Formulas

October 4, 2023
EHRs and Billing

EHRs and Billing: Advantages of Keeping Them Apart at Your Healthcare Facility

October 4, 2023
Halloween Events New Jersey

Spookiest Halloween Events in New Jersey | You Don’t Want to Miss!

October 3, 2023
  • About Us
  • Contact Us
  • Write for Us
  • Privacy Policy
Friday, December 8, 2023
Business2News
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food
No Result
View All Result
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food
No Result
View All Result
Business2News
No Result
View All Result
Home Business

5 Ways to Protect Your New Business

Rajhu S Goraai by Rajhu S Goraai
April 20, 2021
in Business, Finance
0
Protect Your New Business

If you’ve spent the time and energy required to get a new business off the ground, then it’s worth also taking steps to protect it from potential harm. Even a small oversight can expose you to significant risk. Let’s take a look at five protective measures you might consider.

Table of Contents

  • Get Good Business Insurance
  • Find a Good Lawyer & Accountant
  • Applying for Trademarks, Patents and Copyrights
  • Protect your Employees
  • Use a Business Credit Card for your Expenses

Get Good Business Insurance

No matter how stringently you look to minimise risk, you can never render yourself completely safe. Even if there are fire extinguishers in every kitchen, you might find that one day there’s a perfect storm of misfortune that causes your premises to burn down. But not all forms of insurance are built alike, and in some cases a more specialised kind is desirable. One variety that’s increasingly called upon is cyber-insurance, which protects against computer-related harms. Given the spread of computerisation, this is something which many new businesses will want to consider.

Find a Good Lawyer & Accountant

There are certain kinds of professional upon whom you’ll want to be able to rely in a time of crisis. Finding these people before the crisis in question arrives will stand you in good stead, and prevent you from having to frantically search for options. A good solicitor, for example, will allow you to react swiftly to copyright infringements, while a good accountant will help you to ensure that your tax affairs are in order, and that you aren’t paying over the odds.

Applying for Trademarks, Patents and Copyrights

For some businesses, the ideas and inventions you produce might be worth as much as all of your premises and equipment put together. There are legal means of protecting your work, and you should look to exercise them. A competent lawyer will be able to advise you about the best way forward.

Protect your Employees

The most pressing threat to the physical wellbeing of your employees is a fire. You’re legally obliged to carry out fire risk assessments and put in place plans for an emergency. This means frequent drills. This doesn’t just apply to fires, however, but to any potential threat to health and safety. Taking these things seriously will not just protect your staff against undue risk; it’ll also help to earn their goodwill.

Use a Business Credit Card for your Expenses

Having a single business credit card shared by your employees will vastly lessen the administrative burden, especially if your employees are frequently travelling, and making small purchases at service stations and cafes. They also mean less scope for costly error, and less chance of fraud being committed.

Latest Posts:-

  • Decentralized Application Functionality: Are DApps Genuinely Worth It?
  • Empowering Business Success: The Role of Cognitive and Psychometric Assessments
  • Professional Tips On How To Organize a Dressing Room
  • 10 Most Effective Customer Acquisition Strategies 2023
  • Robotic Process Automation: What It Means to Businesses in 2024
Tags: Protect Your New Business
No Result
View All Result

Most Popular

No Content Available
Load More

Navigate Site

  • About Us
  • Contact Us
  • Write for Us
  • Privacy Policy

Brilliantly

SAFE!

business2news.com

Content & Links

Verified by Sur.ly

2022
No Result
View All Result
  • News
  • Business
    • Small Business
    • Global Business
    • Entrepreneur
  • Finance
  • Technology
    • Digital Marketing
    • Social Media Marketing
    • Tech Brands
    • Gadgets
    • Gaming
    • Reviews
  • Health
  • Fashion
  • Traveling
  • Education & Job
  • More
    • Cars & Bikes
    • Sports
    • DIY Home
    • Entertainment
    • Food

© 2021- Business2news.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT