One mistake can put a huge dent in your assets or even devastate you financially. You need to stay on top of asset protection issues so that you don't lose the assets that you have worked so hard for in your life.
The following are five mistakes you need to avoid to protect your assets from financial pitfalls:
Not having enough liability insurance
If you're concerned about protecting your assets, you may want to reevaluate the insurance coverage that you have.
Do you own your own company or have hiring responsibilities at your job? Perhaps you work in an industry or company that has high turnover rates. This likely means that you often hire and train others, and they end up quitting their jobs, which means that you must find new employees and train them. This type of repetitive cycle costs many businesses to lose revenue. Some modern businesses have started to seek candidates for their companies from employment agencies.
Tired of seeing fellow employees jump ahead of you and climb the corporate ladder faster? You could beat them at their own game. While they are busy taking weekend courses and taking days off from work to get in the education and trainings they need to get ahead, you could be doing something similar on your lunch breaks. Here is how to quietly climb the corporate ladder and get ahead of your peers.
If people who work for your business have decided to go on strike, they're not satisfied with different things that are going on in the workplace and they're planning to get quite vocal about it. A strike is bad for business for a number of reasons. It may bring negative press to the situation and it'll cause productivity rates to drastically decrease because your employees won't be doing the work they normally do.
If you run a small business, it is likely you will need tech support at some point. Whether you are bringing in a professional to set up an internet connection in a new office or you have problems with a computer and need to take it in for repairs, there are ways you can make sure your tech support experience will be fast, efficient, and inexpensive. Below are four things you can do that will reduce your need for tech support and make it more efficient when you use it.