Companies have an obligation to protect customers’’ personal information from unauthorized access, use, disclosure, or destruction. Data breaches can be caused by malicious outside sources but are often caused by human error. Companies must ensure they are compliant with any relevant laws or regulations before collecting any customer data. Implementing comprehensive data governance policies that
Business controversies can be highly harmful to a company’s bottom line. In a study by the Public Affairs Council, 60% of respondents said they were less likely to do business with a company after it became embroiled in significant controversy. The study also found that 69% of respondents believed businesses should avoid controversy altogether. Controversies
No one can predict when an accident will happen. As a business owner, it’s essential to be prepared for the unexpected. That’s why it’s critical to have insurance coverage for your business. There are various policies that you can purchase, each designed to protect you from a different type of loss. Here are some of
Businesses that want to build their integrity should always abide by the law and take the extra steps to ensure that they get upheld in the office. That means implementing policies and procedures that comply with the law, establishing a system of checks and balances to ensure compliance, and providing training for employees on how
It is a common misconception that entrepreneurs are all knowledgeable CEOs and business owners. In reality, many people go into entrepreneurship with little to no idea of the legal implications of their actions. For this reason, it is crucial to be aware of the potential legal ramifications before starting a business. If you want to
When launching a startup business, it’s not uncommon to encounter several legal and business challenges along the way. In a rush to get their businesses started, most companies often commit several mistakes, especially during their early stages. They tend to focus on too many things but the legal considerations of starting a business. When this
One of the most fulfilling points of life is building your business from the ground to a thriving enterprise. Most people automatically assume that this business will pass onto their children when they retire or pass on and will instead focus on other business elements. A business transfer is however, not this simple. There are
Uber, Lyft, and other ridesharing apps have become ubiquitous parts of the community. Even Los Angeles residents have needed ridesharing at least once in their life. It’s a convenient way to get around places in style after all. You have a car ready whenever you need it, and it goes with a driver too! However,
