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No, Passwords Can’t Keep Your Business Safe

The average office employee needs to remember up to 30 different passwords to access the tools that are indispensable to their everyday tasks. Passwords have received a lot of attention as part of safety policies. Several businesses have even introduced a regular password change date at which their employees need to renew all or some of their passwords. The traditional password rules generally include choosing a complex combination of words, letters, and special characters as well as not leaving any written down trace of your chosen password. However, it would be foolish to assume that a strict password policy can serve as a protective shield for your business. As a business owner, you need to make it your priority to know at all times what or who you bring into the company. 

Get to know who you work with

Having trustworthy people make a great deal of difference

Your most valuable business asset is your team. Your employees are at the core of your company; their productivity builds your success. But if you want to grow your business, you need a team you can rely on. Did you know that employees are the most common source of frauds and thefts in business? Inadvertently, hiring black sheep in your team can open the door to many troubles. To avoid any risk, you need to run tight background checks on your applicants, using both a solution such as Checkr.com and the interview stages to find out more about the individuals. References can also help you to cast some light on the professional history of the people you meet. 

Do you know who’s coming?

Your premises can be vulnerable to intruders. Running a tight business that is fully protected against external risks also includes ensuring that you keep the place secure. Nowadays, CCTV cameras are a no-brainer for most business sectors, as they can provide valuable identification in case of a break-in. Additionally, an alarm system can manage the company at night and during holidays, ensuring that the building is linked to the closest police station. 

Can you trust your customers to pay the invoices?

Giving credit to customers is a significant risk when you’re launching your business. You can’t afford to lose money. However, failing to provide long-term payment options can mean losing customers. If you are considering delaying payments to 30, 60 days or even introducing installments, you need to be in a position where you can trust customers to pay. Running a credit check on your customers can give you the insight you need. It can be a tricky process, so as a company, you need to obtain a signed authorization to run the check. 

Do you know your suppliers?

It’s in the nature of businesses to establish a trust relationship with their suppliers. Indeed, negotiating with suppliers and identifying the best option for your company takes a lot of time. You want to be sure that you are receiving the best value for your money, as seen on BGateway.com. More importantly, you also want to work with providers who offer an environmentally-friendly and respectful approach to the process. Remember that their reputations could affect yours! 

Business safety is all about making the best-informed decisions to let in only trustworthy and reliable contacts into your business, whether they are employees, suppliers, or customers. Failing to check on the people you work can put your company at risk. 

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