Startup business risks and entrepreneurship often go together. After all, building a business involves fulfilling a need with unique solutions, and no solutions can be created successfully without trial, error, and continuous testing. How do you reduce startup business risks in the early stages? Continue reading How Do You Reduce Startup Business Risks in the Early Stages?
Doing business online is a daunting task. Even if only part of your business happens online, knowing that you’ve got cybersecurity protocols, plans, and policies in place to keep the business afloat and secure becomes critical. How do you write a cybersecurity plan? Continue reading How Do You Write a Cybersecurity Plan?
When you hear the phrase “internal control system required by Sarbanes-Oxley (SOX) Section 404?” do you automatically think of policies and procedures? Simply having accounting policies and procedures does not indicate an internal controls accounting system. Well-written accounting controls procedures that document well-defined accounting processes, however, are an important component of the control system you are building. Continue reading What Are Accounting Controls and Processes?
With so many cybersecurity threats looming on the horizon, it’s hard to know where to start your information security policy. This blog post will highlight all the top cybersecurity threats and how to fix them. What are the Top Cybersecurity Threats? Continue reading What are the Top Cybersecurity Threats?
We want to implement a quality management system complying with ISO 9001. We divided the ISO QMS implementation project into four distinct phases. First we built the foundation processes, followed by continual improvement process, and the management processes. At this point we have covered how to comply with most of the ISO 9001 QMS requirements. Now we will cover the final phase; complying with the requirements of Clause 8. The final step before ISO 9001 certification is data management. Continue reading Final Step Before ISO 9001 Certification is Data Management
Data analytics is the birthplace of great business practices in the 21st century. The marriage of hardline data and influential business intelligence insights means a level of awareness and reactivity for businesses that was never before possible. Learn the answers to why is data analytics important in risk management? Continue reading Why is Data Analytics Important in Risk Management?
96% of startups fail before they get to the ten-year mark, according to Inc.com. In most cases, their failure trickles down to one vital question; what could go wrong? Those who look for answers to this question early enough manage to protect their business from common risks and create the best atmosphere for its growth. Continue reading How to Use a Risk Assessment Matrix for Project Management