Business Strategies

Protect Yourself and Your Business from Dishonest Employees

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Running a business is a complicated endeavor even though it also means you’re realizing your own personal dreams. In addition to the usual challenges, managing a business means dealing with theft and other types of criminal activity. While it’s easy to assume that only outside forces will seek to victimize your business, that’s not always the case. Your own employees may be looking for ways to steal from you, which is why it’s vital to protect your business against this possibility.

An employee dishonesty bond is a special kind of fidelity bond that will help protect your business. It’s intended to protect against criminal activity committed on behalf of your employees. This type of fidelity bond will protect against:

  • Fraud
  • Embezzlement
  • Forgery
  • Theft of money or merchandise

While an employee dishonesty bond isn’t required by law, many businesses choose to invest in one. It provides additional protection that can help your business recover from incidences of theft and fraud. This becomes increasingly important as incidences of criminal activity continue to rise in our communities.

This type of fidelity bond is inexpensive, especially in comparison to the potential loss your business may suffer. In most cases, coverage will only cost a few hundred dollars per year. The exact amount will depend on how much coverage you feel your business needs, but it comes out to a minimal expense.

How does the employee dishonesty bond work? It’s similar to an insurance policy in that you file a claim once you have suffered a loss. The surety company will investigate the incident to determine if the employee theft or fraud really did occur. Once the surety company is satisfied that the claim is authentic, the business will be awarded a settlement for the amount stolen by the employee. This helps ensure businesses won’t suffer unnecessary losses at the hands of their employees. While you may screen each employee and conduct extensive background checks, there’s no guarantee that you won’t hire a dishonest employee. A fidelity bond can help you recover from employee theft or fraud.… Read More.

Business Variety

Variety Seeking Buying Behavior ~ The Market, Media, Life

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Brevity, variety and fragmentation additional characterize the work of the supervisor. You need sensible knowledge of how and what companies trade with each other, technical experience to run a web-based alternate, a stable business improvement and brokers’ team, and top quality branding collaterals. These markets are normally housed in tents or stalls where the sellers can have interaction in business with their customers, however at the similar time have the ability to move out anytime to a different place when the purchasing season is over.Business Variety

Place your Brand: Then a MOO Enterprise Card is like a little slice of your company. Using your individual pictures or artwork to create custom business cards can assist, and MOO makes the process easy with our easy on-line tools and templates.

The BBB will workforce up with cyber security specialists from Arthur J. Gallagher & Co. to disclose the latest scams to protect your online business, stroll you thru the 5-step strategy to higher business security and wrap up with an open Q&A forum.Business Variety

Picture is essential to Achievers; they favor established, prestige products and services that demonstrate success to their peers. They’ll often place your business cards and advertising brochures by your auction item. We will even discuss free resources to help you with acquiring bonding, SBA loans and artistic financing choices to speed up the growth of your corporation.

This multistage dedication permits the useful resource providers (akin to venture capitalist or personal investors) to have as small an exposure as potential at each stage of enterprise improvement and to continuously monitor and monitor document being established.

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