Welcome to ScotlandBiz.co.uk: Home of the Scotland Business Bureau (SBB)
Business advice, tips and tricks from the SBB in Holyrood Business Park, Edinburgh
You shouldn’t need to be told just how important it is to protect yourself against data loss. It can radically reduce productivity, erode client and customer confidence, and even see you facing legal action. So, you should clearly understand some of the most common causes of data loss – only by knowing what they are can you get started tightening up security and following best practices. Human Error Yes, human error is one of the top causes of data loss. It happens all the time, especially when staff have not been well trained. They might delete the wrong files or open a malicious email that destroys your system or corrupts your data. Viruses and Malware Viruses and malware spread like wildfire, and your data is the kindling. This is generally more of an additional problem than the main aim, but it’s still an issue you need to address. If any type of malicious software infects your system, it can either damage, delete, or corrupt your data. In the case of ransomware, data can be held hostage until you pay an unlock fee. Hardware Malfunction Recent research indicated that over 40% of users lose data simply because of hardware or system malfunctions. What’s truly maddening is that such malfunctions are often entirely avoidable. You may, for example, continue using a hard drive that shows signs of breaking down, or you may fail to replace a PC that keeps turning itself off. Water Damage When we talk about water damage, what we often mean is beverage damage. It’s incredible how much data is lost simply because people are irresponsible when it comes to carrying coffee. Unfortunately, liquids can easily short circuit important electronic components, and this often makes recovery of data impossible. Power Outages Finally, power outages can shut down your entire
Many first-time business owners learn by trial and error. Let’s face it. Many seasoned owners do, as well. However, there are things that don’t have to be a harsh lesson. One of those concerns how you gain support for your growing business.
Businesses can be careless while selecting logistics firms, often assigning the job to anyone who offers first. However, logistics businesses are the most important partners of your firm. Hence, selecting a service provider that offers good services and a long-term association will be better for you.
In the business of rehabilitation, there are always more clients than there are beds. Opening a drug and alcohol recovery center is a good way to give back to the community by helping alleviate addiction while making a living at the same time.
There is an old saying in the Forex market that trend is your friend. Though it is the most common dialogue for all the retail traders in the online trading community very few of them actually follows it. Most of the novice traders start their trading career without having any prior knowledge of this industry thus they trade the market with emotion. In order to become a profitable trader, you must learn the perfect way to trade the market without any emotion. In the United Kingdom, the novice traders are often told to demo trade the market for the first three to six months so that understand the nature of this market. But most of them don’t trade the market using the demo account and ultimately they end up by losing a huge amount of money. If you do some extensive research then you will see that only the professional traders are trading in favor of the trend. They know very well that trading against the trend will cost them a huge amount of money.
When making firm decisions, it is vital to look, perform an in-depth evaluation, and critically analyse all the possible threats and risks bound to occur. Similarly, when deciding on which path to pursue, it is relevant to take some time and list all the pros and cons of various options at hand. For instance, you may be at a cross road when deciding to pick a single option from a duo of your favourite jobs. When in such a dilemma, relax, and be ready to list all the possible reasons why you should drop one and pick the other. For instance, you may have a dilemma of choosing between being a freelancer or a business owner. Below is a guide to assist you make a prudent decision.