Meetings that result in little more than wasted hours are counter-productive and a surprisingly large drain on resources. After all, if your best people are spending the majority of their working day locked in a meeting room, drinking endless cups of coffee, making copious notes, and yet leaving with little or nothing to show for it, you’re quite simply throwing money down the drain. But now you can turn those pointless meetings into meaningful ones with Do.com. Here’s how.

We all know that an unproductive meeting is bad for business. Wasted minutes turn into wasted hours, and wasted hours turn into wasted days – and so on. Not using any of your team’s time effectively – whether they are the COO or the receptionist – is a big waste of money, simple as that. On the other hand, you know that meetings are essential for regrouping, hashing out new processes, gathering feedback, brainstorming marketing strategies, and simply touching base. But if, over the years, your company’s meeting culture has gone from energetic and idea-generating to stale, uninspiring, and – dare we say it – downright pointless, it can be hard to turn that around.

The good news is that there is a way to swing the pendulum back in the other direction, so that you can begin holding meetings that are productive and, crucially, that STAY productive. And that’s by using a software platform called Do.com. Do’s purpose is to help companies of all sizes start running more productive meetings, and it has already been adopted by well-known clients, including tech giants Apple, Google and Microsoft.

Do aims to help make meetings enjoyably productive, too – after all, whether we’re a high flyer at Microsoft or the owner of a local law firm or beauty salon, we all feel good when we are contributing something useful. So, if you’ve noticed that, every time a meeting is held in your workplace, a groaning line of worker ants clutching iPads and notepads heads begrudgingly towards the meeting room, this could be your chance to turn things around and re-energize your employees. If you do it properly, you’ll get some great ideas for moving your business forward at the same time. It’s a win-win situation!

So what does Do actually DO to make meetings more motivating and productive? For a start, it helps structure them more effectively, so that more time is spent getting to the point and less time is spent discussing weekend plans, or moaning about other departments or staff. Do gives you the tools to properly manage agendas, notes and actions, as well as allowing you to share files that are needed for discussion. It also features a timer, which turns red if you overrun, so that you can set limits as to the amount of time devoted to a topic – ideal for reigning in those debates that go round in circles but never actually end up getting anywhere.

The founder of Do, Jason Shah, has stated that his goals with the platform are to “bring three central themes to every meeting: structure, transparency, and automation.” To help facilitate this, Do is geared to bringing an agenda to meetings, thus putting the end to directionless and ill-prepared attendees. It allows the meeting organizer to easily import notes from previous meetings, and upload relevant files or documents. This is something that will save huge amounts of time in the average workplace, where meetings are generally accompanied by a shuffling of notes and people going to print out forgotten documents, or to email the group mid-meeting. That’s probably not the kind of thing that Steve Jobs tolerated with any degree of patience!

Do also prioritizes eliminating the “so what do I need to do again?” factor that so often follows meetings, by centralizing information pertaining to the subject, as well as highlighting follow-ups and outcomes. The software prompts the meeting organizer to assign discussed tasks to a specific person, who then receives an email and push notification outlining the task, as well as a link to a dedicated meeting page, where further information can be found.

With other features that aid prioritization of tasks, plus analytics that give managers an overview of how their team, department, and indeed the whole company are spending their time in meetings, it’s little wonder that Do’s client list boasts some pretty high-profile companies. As well as Apple et al, other adopters of the platform range from social media big-hitters Facebook and Twitter to other tech clients including Dropbox and Salesforce. Consumer platforms, such as Netflix, Spotify, Uber and Airbnb, are also onboard – as are Disney, Domino’s Pizza, the NBA, and certain sectors of the US government.

It’s probably safe to say that these clients like the way that Do.com can be integrated with other tools and software such as Office 365, Google Drive and Docs, and Evernote. In fact, Do even considers its competitors to include other cloud-based productivity platform providers like Google Apps, Evernote, Dropbox, and Trello. However, Do.com has the edge on all of those by virtue of its meeting-centric approach. You may use Google Docs to work on a task after a meeting, but Do.com walks you through the whole process, from agenda to follow-up and subsequent meetings.

Although adopted by major players such as Apple, Google and Disney, Do.com is for use by companies of any size – including yours! If you want to learn more about productivity, including how to install the tools and how to instill the culture within your company, give us a call today.

Are you making the most of one of your business’s greatest assets? Along with your loyal customers, your team of enthusiastic and hardworking staff, and your tastefully decorated store or office, there is an all-too-often-unsung hero just waiting to help you take your business to the next level: your data. You’ve probably read articles extolling the virtues of data mining, but just how does a small or medium-sized organization actually use data to grow their business?

Many small and medium-sized businesses shy away from data analytics due to the perceived complexities of dealing with the myriad of facts and figures. A head for figures is something many of us lack – and, even if you have no problem with the math, there’s the time involved in setting aside a part of your busy schedule to track your analytics.

But the sooner you embrace your data, the sooner you can start adding real value to your business through this extremely valuable, and often untapped, source. But just how does a smaller enterprise actually set about doing that? After all, even the most humble of mom and pop stores or home-office-based entrepreneurs has access to an often bewildering array of trackable metrics.

The key point is that, if data is to be of any value, it needs to be easy to collect, collate and analyze. There’s no point spending half your working week mired in incomprehensible spreadsheets and charts if you can’t extract useful information and then apply it in a meaningful way that meets your end goals.

When thinking about analytics, it can be easy to feel overwhelmed. Not only that, but the vast majority of business owners would much rather spend their working lives filling dental cavities, laying flooring, solving legal disputes or selling fitted kitchens – whatever your own particular specialist skill might be – than learning about and trying to apply data analysis techniques. That’s where an analytics dashboard can help. These take the hassle out of unearthing all that data, and present your metrics to you in a more understandable format. But with an array of different tools to choose from, what should you consider if this is the route you decide to take?

• How easy is it to use? There’s no point investing in a dashboard solution if you don’t understand the way the data is presented to you; you still won’t be able to apply it in any meaningful way.
• How deep will the analysis go? You’ll likely want to be able to track trends, compare results over time, and chart your success.
• Is the data easy to apply? You want your dashboard to simplify the application of data within your business environment, and make it easy for you to take action.
• Does it save you time? If you’re currently spending frustrating hours sifting through reams of facts and figures, this is a huge consideration. You need your dashboard to supply pertinent information in an easy-to-read format.
• Is it compatible with other programs and apps? If you’re operating an online store, you will want the dashboard to work with your POS and shopping cart. You may also want it to track website analytics and social media engagement.

Once you’ve decided on a data analytic dashboard, how do you know which metrics to look at? Every business will differ depending on their industry and individual needs or challenges, but there are a couple of points you will want to bear in mind.

Look for data trends
To make the leap from looking at data to making plans and actually doing something, you need to highlight your most important metrics and use them as something to action. Let’s say you find it hard to retain customers; you know this and your data backs it up. Clearly you’re not doing enough to ensure your customers return. That could indicate you’re spending too much time and money on attracting new clients. Now you can take action: do you need to improve your customer service or offer more products or services? Create a marketing plan that targets past customers by telling them about something new or by offering them a discount.

Analyze your past customers
Now you have easy access to data that shows you your best selling products or services, your peak selling periods, and more. This will help you get to know your customers far better, track their behavior, and plan ahead when it comes to adding services, buying inventory, or preparing for busy spells.

Whether your aim is to attract new customers, retain old ones, expand your offering, or discern whether opening a new location is a viable option, your data will prove to be an indispensable friend. After all, customers may come and go – but your data will always be there for you.

If you’d like to learn more about adding value to your business with data analysis, or want to explore data analysis dashboard options, get in touch with us today – we’ll be happy to advise you on the options best suited to your needs.

It’s one thing to look at and collect your business’s data, but how do you actually go about turning that wealth of information into something meaningful you can use as a force to propel your organization on to bigger and better things? Data mining can be a daunting task, and may well make a regular appearance at the very bottom of your to-do list, but there are ways of tackling this seemingly insurmountable challenge.

Many small and medium-sized businesses shy away from data analytics due to the perceived complexities of dealing with the myriad of facts and figures. A head for figures is something many of us lack – and, even if you have no problem with the math, there’s the time involved in setting aside a part of your busy schedule to track your analytics.

But the sooner you embrace your data, the sooner you can start adding real value to your business through this extremely valuable, and often untapped, source. But just how does a smaller enterprise actually set about doing that? After all, even the most humble of mom and pop stores or home-office-based entrepreneurs has access to an often bewildering array of trackable metrics.

The key point is that, if data is to be of any value, it needs to be easy to collect, collate and analyze. There’s no point spending half your working week mired in incomprehensible spreadsheets and charts if you can’t extract useful information and then apply it in a meaningful way that meets your end goals.

When thinking about analytics, it can be easy to feel overwhelmed. Not only that, but the vast majority of business owners would much rather spend their working lives filling dental cavities, laying flooring, solving legal disputes or selling fitted kitchens – whatever your own particular specialist skill might be – than learning about and trying to apply data analysis techniques. That’s where an analytics dashboard can help. These take the hassle out of unearthing all that data, and present your metrics to you in a more understandable format. But with an array of different tools to choose from, what should you consider if this is the route you decide to take?

• How easy is it to use? There’s no point investing in a dashboard solution if you don’t understand the way the data is presented to you; you still won’t be able to apply it in any meaningful way.
• How deep will the analysis go? You’ll likely want to be able to track trends, compare results over time, and chart your success.
• Is the data easy to apply? You want your dashboard to simplify the application of data within your business environment, and make it easy for you to take action.
• Does it save you time? If you’re currently spending frustrating hours sifting through reams of facts and figures, this is a huge consideration. You need your dashboard to supply pertinent information in an easy-to-read format.
• Is it compatible with other programs and apps? If you’re operating an online store, you will want the dashboard to work with your POS and shopping cart. You may also want it to track website analytics and social media engagement.

Once you’ve decided on a data analytic dashboard, how do you know which metrics to look at? Every business will differ depending on their industry and individual needs or challenges, but there are a couple of points you will want to bear in mind.

Look for data trends
To make the leap from looking at data to making plans and actually doing something, you need to highlight your most important metrics and use them as something to action. Let’s say you find it hard to retain customers; you know this and your data backs it up. Clearly you’re not doing enough to ensure your customers return. That could indicate you’re spending too much time and money on attracting new clients. Now you can take action: do you need to improve your customer service or offer more products or services? Create a marketing plan that targets past customers by telling them about something new or by offering them a discount.

Analyze your past customers
Now you have easy access to data that shows you your best selling products or services, your peak selling periods, and more. This will help you get to know your customers far better, track their behavior, and plan ahead when it comes to adding services, buying inventory, or preparing for busy spells.

Whether your aim is to attract new customers, retain old ones, expand your offering, or discern whether opening a new location is a viable option, your data will prove to be an indispensable friend. After all, customers may come and go – but your data will always be there for you.

If you’d like to learn more about adding value to your business with data analysis, or want to explore data analysis dashboard options, get in touch with us today – we’ll be happy to advise you on the options best suited to your needs.

We all know that data is valuable. After all, the more we know about the inner workings of our business and how our customers behave, the better. But knowing that data is crucial in helping to move your organization forward, and knowing exactly how to use that information to do so are two very different things. Here are some ways to overcome the hurdles and add real value to your business by harnessing the power of data.

Many small and medium-sized businesses shy away from data analytics due to the perceived complexities of dealing with the myriad of facts and figures. A head for figures is something many of us lack – and, even if you have no problem with the math, there’s the time involved in setting aside a part of your busy schedule to track your analytics.

But the sooner you embrace your data, the sooner you can start adding real value to your business through this extremely valuable, and often untapped, source. But just how does a smaller enterprise actually set about doing that? After all, even the most humble of mom and pop stores or home-office-based entrepreneurs has access to an often bewildering array of trackable metrics.

The key point is that, if data is to be of any value, it needs to be easy to collect, collate and analyze. There’s no point spending half your working week mired in incomprehensible spreadsheets and charts if you can’t extract useful information and then apply it in a meaningful way that meets your end goals.

When thinking about analytics, it can be easy to feel overwhelmed. Not only that, but the vast majority of business owners would much rather spend their working lives filling dental cavities, laying flooring, solving legal disputes or selling fitted kitchens – whatever your own particular specialist skill might be – than learning about and trying to apply data analysis techniques. That’s where an analytics dashboard can help. These take the hassle out of unearthing all that data, and present your metrics to you in a more understandable format. But with an array of different tools to choose from, what should you consider if this is the route you decide to take?

• How easy is it to use? There’s no point investing in a dashboard solution if you don’t understand the way the data is presented to you; you still won’t be able to apply it in any meaningful way.
• How deep will the analysis go? You’ll likely want to be able to track trends, compare results over time, and chart your success.
• Is the data easy to apply? You want your dashboard to simplify the application of data within your business environment, and make it easy for you to take action.
• Does it save you time? If you’re currently spending frustrating hours sifting through reams of facts and figures, this is a huge consideration. You need your dashboard to supply pertinent information in an easy-to-read format.
• Is it compatible with other programs and apps? If you’re operating an online store, you will want the dashboard to work with your POS and shopping cart. You may also want it to track website analytics and social media engagement.

Once you’ve decided on a data analytic dashboard, how do you know which metrics to look at? Every business will differ depending on their industry and individual needs or challenges, but there are a couple of points you will want to bear in mind.

Look for data trends
To make the leap from looking at data to making plans and actually doing something, you need to highlight your most important metrics and use them as something to action. Let’s say you find it hard to retain customers; you know this and your data backs it up. Clearly you’re not doing enough to ensure your customers return. That could indicate you’re spending too much time and money on attracting new clients. Now you can take action: do you need to improve your customer service or offer more products or services? Create a marketing plan that targets past customers by telling them about something new or by offering them a discount.

Analyze your past customers
Now you have easy access to data that shows you your best selling products or services, your peak selling periods, and more. This will help you get to know your customers far better, track their behavior, and plan ahead when it comes to adding services, buying inventory, or preparing for busy spells.

Whether your aim is to attract new customers, retain old ones, expand your offering, or discern whether opening a new location is a viable option, your data will prove to be an indispensable friend. After all, customers may come and go – but your data will always be there for you.

If you’d like to learn more about adding value to your business with data analysis, or want to explore data analysis dashboard options, get in touch with us today – we’ll be happy to advise you on the options best suited to your needs.

In one of the company’s most subdued releases, Apple recently unveiled a new smart battery case for its iPhone 6 and 6s. The product promises to help extend your iPhone’s battery life, and can give you up to an additional eight hours of Internet use or 10 hours of talk time. But before running out and buying one, read on and see just what you can expect from this new product.

It’s no secret that the battery life of the iPhone 6 and 6s leaves something to be desired. And while Apple won’t openly admit to this problem, they have released a product designed to give your battery some extra juice. The new smart battery case works as an extension of your phone’s battery, and will give you roughly ten more hours of phone calls or eight extra hours of Internet usage.

While it sounds great in theory, you probably want to know a little more about it. Not a problem – here are some more details to help get you charged up about Apple’s new smart battery case.

How does it work?

It’s actually a fairly straightforward process, and one that even the most technically challenged person can understand. All you do to activate it is slide on the case. It does the rest by itself from there, acting as a charger for your battery until it runs out of juice. When that happens, your phone battery will take back over. Charging the case is as simple as charging your iPhone. Both phone battery and smart battery case will charge simultaneously when connected to a Lightning port.

Benefits are noticeable, but not unique

As soon as you slip on the case, you should notice a significant increase in battery life. However, critics have pointed out that the performance, while acceptable, is far from the best on the market. Several similar cases can perform as well as, or even better than, the Apple smart battery case.

A hump of a design

The design has been labeled the “hump” by many, because of the case’s unique humpback. Given the relative slimness of the iPhone 6, and in particular the iPhone 6s, the hump can be quite noticeable and will bulk up your phone. That said, the case is made from silicone and can easily slide on and off your phone. It is available in two colors, charcoal gray and white, and features the Apple logo on the back.

Less than $100

The retail price of the new smart battery case is $99. This places it at the high end of the market when compared with similar devices out there.

Final thoughts

The Apple smart battery case will help extend your battery life, almost doubling it. As always, you can expect Apple to use the best technology and materials. The truth, though, is that the design will make or break it for most people. The battery case has been widely mocked in the press and by lovers of Jonathan Ive’s sleek design. But If you don’t mind the hump on the back, then the case does provide extra protection for your beloved iPhone. However, if you prefer your iPhone 6 or 6s at its current svelte size, then the case may not be for you.

If you have any Apple- or technology-related questions, be sure to get in touch with us. Our experts can help solve your problems, whether you need better battery life for your employees’ devices or want to hook up your office with VoIP telephony.

Apple’s new smart battery case recently hit the market with the aim of helping iPhone 6 and 6s users get a little more life from their battery. The release has come as a surprise to even some of the biggest Apple fans, since the product showed up with almost no fanfare. Don’t worry if you missed the launch, though – we have all the info you need on the new smart battery case.

It’s no secret that the battery life of the iPhone 6 and 6s leaves something to be desired. And while Apple won’t openly admit to this problem, they have released a product designed to give your battery some extra juice. The new smart battery case works as an extension of your phone’s battery, and will give you roughly ten more hours of phone calls or eight extra hours of Internet usage.

While it sounds great in theory, you probably want to know a little more about it. Not a problem – here are some more details to help get you charged up about Apple’s new smart battery case.

How does it work?

It’s actually a fairly straightforward process, and one that even the most technically challenged person can understand. All you do to activate it is slide on the case. It does the rest by itself from there, acting as a charger for your battery until it runs out of juice. When that happens, your phone battery will take back over. Charging the case is as simple as charging your iPhone. Both phone battery and smart battery case will charge simultaneously when connected to a Lightning port.

Benefits are noticeable, but not unique

As soon as you slip on the case, you should notice a significant increase in battery life. However, critics have pointed out that the performance, while acceptable, is far from the best on the market. Several similar cases can perform as well as, or even better than, the Apple smart battery case.

A hump of a design

The design has been labeled the “hump” by many, because of the case’s unique humpback. Given the relative slimness of the iPhone 6, and in particular the iPhone 6s, the hump can be quite noticeable and will bulk up your phone. That said, the case is made from silicone and can easily slide on and off your phone. It is available in two colors, charcoal gray and white, and features the Apple logo on the back.

Less than $100

The retail price of the new smart battery case is $99. This places it at the high end of the market when compared with similar devices out there.

Final thoughts

The Apple smart battery case will help extend your battery life, almost doubling it. As always, you can expect Apple to use the best technology and materials. The truth, though, is that the design will make or break it for most people. The battery case has been widely mocked in the press and by lovers of Jonathan Ive’s sleek design. But If you don’t mind the hump on the back, then the case does provide extra protection for your beloved iPhone. However, if you prefer your iPhone 6 or 6s at its current svelte size, then the case may not be for you.

If you have any Apple- or technology-related questions, be sure to get in touch with us. Our experts can help solve your problems, whether you need better battery life for your employees’ devices or want to hook up your office with VoIP telephony.

The battery on the iPhone 6 and 6s has become a source of contention for many users, who find themselves constantly looking for a place to charge their phone. In an attempt to remedy this problem, Apple has released a new smart battery case designed to significantly extend your battery’s life. Does it really work? Let’s take a look at what the case offers and whether it can truly deliver on its promises.

It’s no secret that the battery life of the iPhone 6 and 6s leaves something to be desired. And while Apple won’t openly admit to this problem, they have released a product designed to give your battery some extra juice. The new smart battery case works as an extension of your phone’s battery, and will give you roughly ten more hours of phone calls or eight extra hours of Internet usage.

While it sounds great in theory, you probably want to know a little more about it. Not a problem – here are some more details to help get you charged up about Apple’s new smart battery case.

How does it work?

It’s actually a fairly straightforward process, and one that even the most technically challenged person can understand. All you do to activate it is slide on the case. It does the rest by itself from there, acting as a charger for your battery until it runs out of juice. When that happens, your phone battery will take back over. Charging the case is as simple as charging your iPhone. Both phone battery and smart battery case will charge simultaneously when connected to a Lightning port.

Benefits are noticeable, but not unique

As soon as you slip on the case, you should notice a significant increase in battery life. However, critics have pointed out that the performance, while acceptable, is far from the best on the market. Several similar cases can perform as well as, or even better than, the Apple smart battery case.

A hump of a design

The design has been labeled the “hump” by many, because of the case’s unique humpback. Given the relative slimness of the iPhone 6, and in particular the iPhone 6s, the hump can be quite noticeable and will bulk up your phone. That said, the case is made from silicone and can easily slide on and off your phone. It is available in two colors, charcoal gray and white, and features the Apple logo on the back.

Less than $100

The retail price of the new smart battery case is $99. This places it at the high end of the market when compared with similar devices out there.

Final thoughts

The Apple smart battery case will help extend your battery life, almost doubling it. As always, you can expect Apple to use the best technology and materials. The truth, though, is that the design will make or break it for most people. The battery case has been widely mocked in the press and by lovers of Jonathan Ive’s sleek design. But If you don’t mind the hump on the back, then the case does provide extra protection for your beloved iPhone. However, if you prefer your iPhone 6 or 6s at its current svelte size, then the case may not be for you.

If you have any Apple- or technology-related questions, be sure to get in touch with us. Our experts can help solve your problems, whether you need better battery life for your employees’ devices or want to hook up your office with VoIP telephony.

While it is highly likely that you have an insurance policy that will cover your small or medium-sized business in the event of a disaster, chances are you don’t have business interruption insurance. The majority of smaller companies tend to overlook interruption policies, believing (or at least hoping) that regular insurance will be enough to protect them. But in the face of rising natural disasters, you may want to think again.

So why do small and medium-sized organizations tend to forego business interruption insurance policies? Chances are it, like so many things, comes down to cost. But can you really afford to ignore the additional protection that interruption insurance offers, or is it safe to cut corners and hope that your regular business insurance will have you covered in the event of a disaster?

While an interruption insurance policy may cost you anywhere from $750 to $10,000 or more (the cost is normally dependent on the size of your business), the fact is that your standard insurance policy will not cover you completely when a catastrophe strikes.

Take for example the spate of superstorms that have ravaged the United States over the past decade. From Hurricane Katrina to the more recent Sandy, small businesses and enterprises throughout the US have been left devastated after feeling the wrath of Mother Nature. While a best-case scenario may entail losing a few days sales during a power outage, at the other end of the scale you could find yourself dealing with a destroyed warehouse, an office that no longer has a roof, or thousands of dollars worth of stock destroyed by flooding.

And the reality is that your regular insurance is probably not going to reimburse you for storage or relocation costs if you need to move operations elsewhere, temporarily or otherwise. The majority of policies will only cover the loss of, or damage to, physical items like stock, equipment and property. They will usually not cover you for any loss in profit if a disaster means that you need to temporarily cease trading. On the other hand, tightly drawn up business interruption insurance should cover you in the event you need to move. It should also cover a decrease in sales due to power failures that shut your communication lines down, as well as a drop in profits due to delays in the delivery of stock or equipment.

Think the chances of a natural disaster affecting you are still slim despite the scenes of chaos and devastation reported in the media? Consider that a recent survey conducted by insurance giant Allianz found that there are now typically 600 major incidents per year – compare that to the previous 400 per annum and it doesn’t take a mathematician to figure out that disasters are on the rise.

So, as a small or medium-sized business owner, what do you need to know before you consider purchasing interruption insurance? If you’re thinking of adding interruption coverage to your existing policy, first record your current net income – but watch out because, if your net profit is high, you might be hit by a low per-incident limit. You could find your insurer has limited your coverage and left you inadequately protected.

Is business booming? If you are undergoing rapid growth, keep records spanning many months so you have proof of revenue increase. Without this, you will not be able to forecast month-on-month profit growth and your insurer might cap coverage at the rate of the previous year’s profit, not at your accelerated one. Be aware, too, that the type of interruptions you want protection for should reflect the areas covered in your general business policy. If your existing policy doesn’t include coverage for fire damage, neither will your interruption insurance.

There are many other aspects of an interruption policy to take into account – such as add-ons that protect you in the event of a power outage (something that standard policies normally don’t normally cover), and knock-on effects caused by a disaster at your supplier’s end.

Once you have taken out interruption insurance, should you have to use it then the most important aspect for you will be getting reimbursed. Crucially, you need to be able to provide your insurer with as many details concerning profit loss as possible. Consider storing files electronically, either offsite or in the cloud. That way, if your office or store is destroyed, you’ll still have access to your documents – and a far greater chance of recovering your losses.

If you’d like to learn more about protecting your data, files and documents, as well as about business continuity planning to help you get back up and running should disaster strike, please get in touch with our team today.

You are protecting your small or medium-sized business with insurance – of course you are. But is that really enough? The recent increase in natural disasters has led savvy business owners to also take out business interruption insurance, which covers many additional scenarios in the event that you are unable to carry on operating. Think you don’t need this type of insurance? You might seriously want to rethink that stance.

So why do small and medium-sized organizations tend to forego business interruption insurance policies? Chances are it, like so many things, comes down to cost. But can you really afford to ignore the additional protection that interruption insurance offers, or is it safe to cut corners and hope that your regular business insurance will have you covered in the event of a disaster?

While an interruption insurance policy may cost you anywhere from $750 to $10,000 or more (the cost is normally dependent on the size of your business), the fact is that your standard insurance policy will not cover you completely when a catastrophe strikes.

Take for example the spate of superstorms that have ravaged the United States over the past decade. From Hurricane Katrina to the more recent Sandy, small businesses and enterprises throughout the US have been left devastated after feeling the wrath of Mother Nature. While a best-case scenario may entail losing a few days sales during a power outage, at the other end of the scale you could find yourself dealing with a destroyed warehouse, an office that no longer has a roof, or thousands of dollars worth of stock destroyed by flooding.

And the reality is that your regular insurance is probably not going to reimburse you for storage or relocation costs if you need to move operations elsewhere, temporarily or otherwise. The majority of policies will only cover the loss of, or damage to, physical items like stock, equipment and property. They will usually not cover you for any loss in profit if a disaster means that you need to temporarily cease trading. On the other hand, tightly drawn up business interruption insurance should cover you in the event you need to move. It should also cover a decrease in sales due to power failures that shut your communication lines down, as well as a drop in profits due to delays in the delivery of stock or equipment.

Think the chances of a natural disaster affecting you are still slim despite the scenes of chaos and devastation reported in the media? Consider that a recent survey conducted by insurance giant Allianz found that there are now typically 600 major incidents per year – compare that to the previous 400 per annum and it doesn’t take a mathematician to figure out that disasters are on the rise.

So, as a small or medium-sized business owner, what do you need to know before you consider purchasing interruption insurance? If you’re thinking of adding interruption coverage to your existing policy, first record your current net income – but watch out because, if your net profit is high, you might be hit by a low per-incident limit. You could find your insurer has limited your coverage and left you inadequately protected.

Is business booming? If you are undergoing rapid growth, keep records spanning many months so you have proof of revenue increase. Without this, you will not be able to forecast month-on-month profit growth and your insurer might cap coverage at the rate of the previous year’s profit, not at your accelerated one. Be aware, too, that the type of interruptions you want protection for should reflect the areas covered in your general business policy. If your existing policy doesn’t include coverage for fire damage, neither will your interruption insurance.

There are many other aspects of an interruption policy to take into account – such as add-ons that protect you in the event of a power outage (something that standard policies normally don’t normally cover), and knock-on effects caused by a disaster at your supplier’s end.

Once you have taken out interruption insurance, should you have to use it then the most important aspect for you will be getting reimbursed. Crucially, you need to be able to provide your insurer with as many details concerning profit loss as possible. Consider storing files electronically, either offsite or in the cloud. That way, if your office or store is destroyed, you’ll still have access to your documents – and a far greater chance of recovering your losses.

If you’d like to learn more about protecting your data, files and documents, as well as about business continuity planning to help you get back up and running should disaster strike, please get in touch with our team today.

Natural disasters have increased exponentially in the last few years – something that has resulted in a number of small and medium-sized business owners turning to business interruption insurance for protection. Covering many scenarios that regular business insurance simply ignores, adequate protection can be the make-or-break factor when it comes to surviving a natural or manmade catastrophe.

So why do small and medium-sized organizations tend to forego business interruption insurance policies? Chances are it, like so many things, comes down to cost. But can you really afford to ignore the additional protection that interruption insurance offers, or is it safe to cut corners and hope that your regular business insurance will have you covered in the event of a disaster?

While an interruption insurance policy may cost you anywhere from $750 to $10,000 or more (the cost is normally dependent on the size of your business), the fact is that your standard insurance policy will not cover you completely when a catastrophe strikes.

Take for example the spate of superstorms that have ravaged the United States over the past decade. From Hurricane Katrina to the more recent Sandy, small businesses and enterprises throughout the US have been left devastated after feeling the wrath of Mother Nature. While a best-case scenario may entail losing a few days sales during a power outage, at the other end of the scale you could find yourself dealing with a destroyed warehouse, an office that no longer has a roof, or thousands of dollars worth of stock destroyed by flooding.

And the reality is that your regular insurance is probably not going to reimburse you for storage or relocation costs if you need to move operations elsewhere, temporarily or otherwise. The majority of policies will only cover the loss of, or damage to, physical items like stock, equipment and property. They will usually not cover you for any loss in profit if a disaster means that you need to temporarily cease trading. On the other hand, tightly drawn up business interruption insurance should cover you in the event you need to move. It should also cover a decrease in sales due to power failures that shut your communication lines down, as well as a drop in profits due to delays in the delivery of stock or equipment.

Think the chances of a natural disaster affecting you are still slim despite the scenes of chaos and devastation reported in the media? Consider that a recent survey conducted by insurance giant Allianz found that there are now typically 600 major incidents per year – compare that to the previous 400 per annum and it doesn’t take a mathematician to figure out that disasters are on the rise.

So, as a small or medium-sized business owner, what do you need to know before you consider purchasing interruption insurance? If you’re thinking of adding interruption coverage to your existing policy, first record your current net income – but watch out because, if your net profit is high, you might be hit by a low per-incident limit. You could find your insurer has limited your coverage and left you inadequately protected.

Is business booming? If you are undergoing rapid growth, keep records spanning many months so you have proof of revenue increase. Without this, you will not be able to forecast month-on-month profit growth and your insurer might cap coverage at the rate of the previous year’s profit, not at your accelerated one. Be aware, too, that the type of interruptions you want protection for should reflect the areas covered in your general business policy. If your existing policy doesn’t include coverage for fire damage, neither will your interruption insurance.

There are many other aspects of an interruption policy to take into account – such as add-ons that protect you in the event of a power outage (something that standard policies normally don’t normally cover), and knock-on effects caused by a disaster at your supplier’s end.

Once you have taken out interruption insurance, should you have to use it then the most important aspect for you will be getting reimbursed. Crucially, you need to be able to provide your insurer with as many details concerning profit loss as possible. Consider storing files electronically, either offsite or in the cloud. That way, if your office or store is destroyed, you’ll still have access to your documents – and a far greater chance of recovering your losses.

If you’d like to learn more about protecting your data, files and documents, as well as about business continuity planning to help you get back up and running should disaster strike, please get in touch with our team today.

Something known as “state-sponsored cyber attacks” may not be something you have heard of until now. But with both Facebook and Google viewing the problem as serious enough to warn their users about, it seems this is an issue that could be here to stay. And now with Twitter also recently taking steps to alert their users about possible account hacking attempts, this may well be something that many of us should be concerned about.

But how at risk actually are you from a state-sponsored cyber attack? Is your small or medium-sized business in danger of being targeted? And who is behind these hacking attempts? Well, going by the warnings recently issued by Twitter, reports so far suggest that people, companies or organizations connected to internet security and freedom of speech are currently most likely to be at risk. But ‘currently’ is somewhat ambiguous, for in the world of cybercrime things can happen at lightning speed, and someone who is a target today might be deemed out of danger tomorrow – and vice versa.

As always, the best form of protection is to be forewarned, and you can only do that by learning as much as you can about the latest threats, scams and attacks. If you are a Twitter user, be it personal or for business use, you may be wondering why you have not yet heard of these alerts. That’s because Twitter’s messages were only sent to a small, and mostly rather niche, group of users. The email informed these users that Twitter was contacting them as a precaution due to their accounts “possibly” having been hacked by the state-sponsored actors. The email also stated that they believed that the actors may (or may not) be associated with a government, and that those involved had been looking to obtain personal information such as email addresses, phone numbers and/or IP addresses. So far, so vague!

Twitter then goes on to say that, although they have no evidence that any accounts were compromised or any data was stolen, they are actively investigating. They also lamented the fact that they wished they could say more…but that they had no additional information at that time. The email goes on to attempt to reassure users that their accounts may not have been an intentional target, but admits that if a user tweets under a pseudonym, that Twitter understands they may have cause for concern. But with so many Twitter users tweeting under a different name – and perfectly innocently, at that – what’s the real cause for concern here?

The issue lies with the type of accounts that were mostly targeted. The majority of these belonged to people or organizations connected to, or concerned with, cyber security. In fact, Twitter even offered some handy advice on protecting your online identity, suggesting users read up on the subject at the Tor Project website. Somewhat coincidentally, one of the victims of the attempted Twitter account hack is an activist and writer who currently educates journalists about security and privacy – and who used to work for the Tor Project. Another is a Canada-based not-for-profit organization involved with freedom of speech, privacy and security issues, and one of its founders is a contractor for the Tor Project.

Other Twitter users who received the email are also involved in some way or another in cyber security, albeit as self-described “security researchers” or simply by way of following or engaging with the online security community. This might lead you to the conclusion that, if you’re not in the business of security and instead keep your tweets to sport, entertainment, and the latest must-have gadgets, you are not at risk. But we urge you not to be so hasty. That’s because, within that small group of people who were contacted by Twitter, a large proportion of them had nothing to do with activism, freedom of speech, calls for greater privacy, or anything of the sort.

This means that, far from brushing this latest round of cyber threats under the carpet, individuals and business owners – whatever industry they are in – do have at least some cause for concern. As yet Twitter has not released details of the state the “actors” are sponsored by, so for now we are none the wiser as to whether it’s a homegrown issue or one from further afar – say North Korea or China.

What does all this mean for you as a business owner or manager? It means that you should be taking your online security more seriously than ever. It’s no longer just your network that is at risk; now simply having an account on a social media site such as Facebook or Twitter could be providing less-than-desirable third parties with the portal they need to access your company’s private information.

If you’d like to know how to ensure the online safety of your organization, give us a call today. Our experts have experience in everything from securing your computer network to increasing safety when it comes to sending out those all-important tweets!

Earlier this month, social media platform Twitter alerted a number of its users to the fact that their accounts may have been hacked into by something, or someone, known as a “state-sponsored actor.” While a warning of this kind is certainly not unprecedented – for some time now, both Facebook and Google have also been contacting any of their users who they think may have been targeted – it suggests that attacks of this type are becoming more widespread.

But how at risk actually are you from a state-sponsored cyber attack? Is your small or medium-sized business in danger of being targeted? And who is behind these hacking attempts? Well, going by the warnings recently issued by Twitter, reports so far suggest that people, companies or organizations connected to internet security and freedom of speech are currently most likely to be at risk. But ‘currently’ is somewhat ambiguous, for in the world of cybercrime things can happen at lightning speed, and someone who is a target today might be deemed out of danger tomorrow – and vice versa.

As always, the best form of protection is to be forewarned, and you can only do that by learning as much as you can about the latest threats, scams and attacks. If you are a Twitter user, be it personal or for business use, you may be wondering why you have not yet heard of these alerts. That’s because Twitter’s messages were only sent to a small, and mostly rather niche, group of users. The email informed these users that Twitter was contacting them as a precaution due to their accounts “possibly” having been hacked by the state-sponsored actors. The email also stated that they believed that the actors may (or may not) be associated with a government, and that those involved had been looking to obtain personal information such as email addresses, phone numbers and/or IP addresses. So far, so vague!

Twitter then goes on to say that, although they have no evidence that any accounts were compromised or any data was stolen, they are actively investigating. They also lamented the fact that they wished they could say more…but that they had no additional information at that time. The email goes on to attempt to reassure users that their accounts may not have been an intentional target, but admits that if a user tweets under a pseudonym, that Twitter understands they may have cause for concern. But with so many Twitter users tweeting under a different name – and perfectly innocently, at that – what’s the real cause for concern here?

The issue lies with the type of accounts that were mostly targeted. The majority of these belonged to people or organizations connected to, or concerned with, cyber security. In fact, Twitter even offered some handy advice on protecting your online identity, suggesting users read up on the subject at the Tor Project website. Somewhat coincidentally, one of the victims of the attempted Twitter account hack is an activist and writer who currently educates journalists about security and privacy – and who used to work for the Tor Project. Another is a Canada-based not-for-profit organization involved with freedom of speech, privacy and security issues, and one of its founders is a contractor for the Tor Project.

Other Twitter users who received the email are also involved in some way or another in cyber security, albeit as self-described “security researchers” or simply by way of following or engaging with the online security community. This might lead you to the conclusion that, if you’re not in the business of security and instead keep your tweets to sport, entertainment, and the latest must-have gadgets, you are not at risk. But we urge you not to be so hasty. That’s because, within that small group of people who were contacted by Twitter, a large proportion of them had nothing to do with activism, freedom of speech, calls for greater privacy, or anything of the sort.

This means that, far from brushing this latest round of cyber threats under the carpet, individuals and business owners – whatever industry they are in – do have at least some cause for concern. As yet Twitter has not released details of the state the “actors” are sponsored by, so for now we are none the wiser as to whether it’s a homegrown issue or one from further afar – say North Korea or China.

What does all this mean for you as a business owner or manager? It means that you should be taking your online security more seriously than ever. It’s no longer just your network that is at risk; now simply having an account on a social media site such as Facebook or Twitter could be providing less-than-desirable third parties with the portal they need to access your company’s private information.

If you’d like to know how to ensure the online safety of your organization, give us a call today. Our experts have experience in everything from securing your computer network to increasing safety when it comes to sending out those all-important tweets!