Author name: MomentumPress

Adequate insurance coverage – The three pitfalls for SME’s

For SMEs facing squeezed margins, insurance premiums may seem like a grudge purchase. Some products may be regarded as a discretionary overhead among those who don’t fully understand their risks or how being underinsured could prove catastrophic to their business. Yet insurance can be key to SMEs’ ongoing survival by providing a financial safety net in unforeseen circumstances, when they are the least able to withstand substantial losses.

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Phishing – The need to educate & upskill our employees

Our employees must be given the knowledge on how to recognise “phishing attacks,” in fact, a check list may be a feasible starting point. We are all aware that these attacks exist and are on the rise, but if our employees could recognise and report the phishing emails, texts, telephone calls, adverts and websites that form part of the fraud, the threat can be reduced.

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Risk management guide for the small to medium UK manufacturing businesses

While Manufacturing comprises just 5% of the UK’s businesses, it accounts for 10% of employment and 14% of turnover. Of the 270,000 firms that make up this diverse sector, just over half (138,050) are micro and SME manufacturers. Find some practical risk management advice for small and midsize manufacturing businesses:

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