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Solutions To The Common Threats Against Small Businesses.

August 17, 2016 by  
Filed under Money/Business, Tech/Internet, Weekly Columns

(Akiit.comIf you have your own business, then you are no doubt aware of the importance of taking care of it. After all, the last thing that any business owner wants to happen is for their business to tank thanks to situations beyond their control. Of course, there is only a certain amount you can do in these situations. However, one of the best things you can do is prevent such occurrences from happening in the first place. The best way to know how to protect your business is to be aware of the various threats which can face it. That way, you know what you are likely to be up against. With that in mind, let’s now take a look at the most common threats facing small businesses today.

Property Losses

This first one might not be exactly what you expect to top the list. blackbusinesscouple-APPLE-2016Yet, the statistics show that it is the single biggest threat facing small businesses today. If you think about it, it is easy to see why this kind of loss could be so devastating. After all, for the majority of businesses, your commercial property is your most valuable asset. To protect your business from this kind of loss, therefore, you should ensure that you have the proper coverage. If you are going to get any kind of business insurance, it should be this. For more on this, see


Moving onto data now, and we come to something which is only becoming more important every day. It goes without saying that businesses these days are relying more and more on technology. Of course, technology is something which gives with one hand and takes with the other. Just as it helps your business along, it is also one of the easiest ways that your business can suffer at the hands of someone else. Malware is something which you need to make every effort to avoid altogether. Its most common form is spam, something which can only be beaten using the best anti-spam software. See for more on this kind of protection.

Business Interruption

This is something which is much harder to plan for, but you should nonetheless bear it in mind. According to statistics, around 40% of businesses never reopen following a flood or fire. With this in mind, it is a good idea to keep your business as well protected as possible. You never know when a fire might occur, but you can work towards building a business which can survive a fire. As long as you are confident that you can get back on your feet afterwards, you will feel much safer.


Your people are your most important asset. When something happens to them, your business really feels the impact. That’s why taking proper care of them is one of the most important steps you can take. Not only does it make you a morally right business, but one which is likely to carry on through the storm. Make sure you do everything possible to protect your people.

Staff Writer; Jay House

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