Business

It is not like a cyber attack to single out any particular industry as well as the size of the business when carrying out their evil intentions. While data breaches of large corporations and governmental agencies usually hog the limelight, cyberattacks on small businesses are far more common.

The commonplace nature is typical because small businesses usually don't protect their data and information systems in the same way as large organizations.

However, even for organizations with limited resources at their disposal, it is possible to beef up their cybersecurity...

Less than 20% of UK workers are in jobs that use and develop all of their ability to learn, solve problems, innovate and adapt. Here, Dr Peter Totterdill, of Workplace Innovation Europe CLG argues that we’re squandering the most important resource that we have to survive and thrive in the post-COVID world – human potential.

Globalisation, climate change, technological innovation, Brexit and COVID-19 have all prompted forward-looking business begin to re-think how they work and what changes they can make to confront such a raft of serious challenges.

For many, the penny is...

Every business desires to attract more customers and retain them. However, converting new customers to become return clients is not easy and requires well-thought strategies. From the get-go, business owners should make some budget allocations for creating awareness for their brand.

Businesses should also set aside time to assess the progress of their promotional efforts and make any necessary alterations. Note that the high promotional cost and time requirements do not mean you quit the market. There are various cost-effective and interesting strategies you can use to attract...

You may have heard this term before, but are not quite sure what it means.

Since we have put the education of our clients at top priority here at Prestige Auditors, let’s explain in a couple of words what business entity assumption means.

Let’s say that you are a business owner, and you own a clothing store, or another type of business. Naturally, businesses are prone to quite a large number of risks, such as debt, lawsuits, legal issues, etc. We certainly hope that none of these issues hit your business, but nevertheless, they are a possibility.

You obviously...