Protect Your Business: Inside And Out

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Written by Michael Foote, founder of Quote Goat, has over 13 years experience working in the finance, insurance and currency sectors.

Your business is your baby. You’ve poured all of your time and money into it. And now it’s ready to be released into the public domain. But before you start building up your customers and growing your company, you need to make sure it’s safe. From your data to your desks, you don’t want any silly mistakes to bring your business down before it’s had a chance to thrive.

So, you need to make sure that everything is in place and ready to protect all of your hard work. And you need to think about covering all bases.


Depending on the nature of your business, you might need specialist insurance. The main thing to be aware of if you work from home is that your home insurance may not cover your business. So, before you gain anything of any value, you should speak to experts about getting a policy set up. You may want to look at commercial property insurance or office insurance then you will may want to look at the cost of insurance.

Your business’s name is the one of the most important things to get sorted. And it’s not an easy process. Finding and deciding on a name is really hard – it might be the hardest thing about starting a business! So, once you’ve decided on one you need to get it trademarked as fast as you can. If you’ve created something, you should try to get a patent for it. This will stop other people from stealing your idea, and will let you sell the idea to them if needed. This is an expensive, time consuming process though, so make sure that your idea ticks all the boxes before applying. Copyright is slightly different: once you’ve created something original, it’s automatically copyrighted. You can find lots more information on intellectual property in this article.

Data protection

Your data is one of the most important things in your business. Without it, you’d fail. Not just because you won’t have access to your information, but because your potential customers won’t trust you. Just think about how public opinion changes when big companies hit the news for data breaches. One way to avoid data theft is to have super secure IT. Cloud solutions technology is often the best way to go, as it offers you plenty of secure backup. Plus, it can be cheaper than investing in hardware and servers. Backing up your data is key to protecting it.

CCTV and crime deterrents

If you own any physical items or property, you should ensure that the building you’re using is fully secure. From double locking systems to CCTV, you should get the strongest security system possible to stay safe. Don’t just pay attention to the premises though. Try to put tags and trackers on any valuable, expensive equipment. And if the worst happens, if your technology has two-factor authentication or biometrics, you’ll lose less. If people can’t get into your devices, they won’t be able to steal the information on them. Remember that your insurance policy will most likely require a certain level of protection too, so check what they need before investing in any security options.


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