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Posts from ‘July, 2015’

Risks and Rewards

– By Andrew B Morris When an opportunity presents itself or a tricky decision has to be made, you need to balance the risks against the possible rewards. When assessing risk, there are five key questions you need to ask yourself. UPSIDE/DOWNSIDE: compare these by preparing two simple lists and then share with someone entirely independent […]

Is it Covered?

– By Stephen Ehrhart Directors gather assets which are easy to identify and therefore easy to insure. If you own a house you insure it. If you own a yacht you insure it. This is obvious and straight forward. But what about insuring against hidden risks that you can’t see? There are people out there ready […]

Where there’s a Will there’s a Way

– By Craig Williams Business owners can cause big problems for their families and their companies if they do not make a will. Serious complications can arise unless a well-drafted will is included in succession plans for director shareholders. Failure to draw up a will can also leave families with an unwelcome and unnecessary tax bill. […]

Surviving a PR Crisis when it all Hits the Fan

– By Marc Cowlin Warren Buffet famously observed: “‘It takes years to build a reputation and five minutes to lose it.” Given how precious that reputation is, you need to be prepared for the fact that it might come under threat, sometimes through no fault of your own. When that happens, the temptation can be to […]

Plug that Hole! Dealing with a Data Breach

– By Susan Hallam Every business has a legal responsibility to keep both the data it holds about individuals as well as confidential business information secure.  But despite your best efforts, things can go wrong. So what should you do if you have a data breach? Whether the data has been leaked a result of a […]

Don’t Get Caught Out

– By Shirley Barnes It might be well-intentioned, but some employment legislation poses a real risk to businesses on a number of levels. Consider, for example: The time taken up by keeping up to date with the legislation An unscrupulous employee threatening litigation or being disruptive Trying to improve employee performance against a backdrop of […]

A compilation of bizarre insurance claims

“I was driving along the motorway when the police pulled me over onto the hard shoulder. Unfortunately I was in the middle lane and there was another car in the way.” “Going to work at 7am this morning I drove out of my drive straight into a bus. The bus was 5 minutes early.” “I […]