Businesses of all sizes face potential risks when operating online and therefore need to consider their protection from cyber attack. SME’s have a lot more to lose than larger enterprises as a single cyber attack may have dire financial consequences and have a direct impact on the future survival of the business. Small businesses will be a
The post How an SME can protect themselves from cyber attack appeared first on Small Business.
Tag Archive for business
Hot Business News Today
New guide to help businesses understand their obligations
by Owen Gough • • 0 Comments
Businesses that sell goods and services online and in people’s homes are being reminded that they can have more responsibilities and obligations than those who sell over the counter and on the high street. The warning is in a new guide, published by trading standards experts, and comes after news that a third of businesses
The post New guide to help businesses understand their obligations appeared first on Small Business.
Hot Business News Today
How to manage your time out of the office over the festive season
by Owen Gough • • 0 Comments
We’ve all done it – had a sneaky peak at our work emails when we should be enjoying family time, but now one team of experts have come up with tips on how to switch off from work over the festive season. Experts at the London School of Marketing have taken the time management techniques
The post How to manage your time out of the office over the festive season appeared first on Small Business.
Hot Business News Today
How is credit and compliance shaping up in 2017?
by Owen Gough • • 0 Comments
There is no doubt that the explosion of technology has impacted every sector in the world, from cloud-based platforms to credit to entirely new digital services. The pace of technological change is incredible and the breaking of barriers will create new M&A opportunities for businesses. Importantly, as firms revolutionise processes to better understand their customer
The post How is credit and compliance shaping up in 2017? appeared first on Small Business.
Hot Business News Today
FTC Press Release: Vemma Agrees To Ban On Pyramid Scheme Practices To Settle FTC Charges
by Ted Nuyten • • 0 Comments
Under a settlement with the Federal Trade Commission, Arizona-based Vemma Nutrition Company will end the business practices that the FTC alleged created a pyramid scheme.
The multi-level marketing (MLM) company, which sells health and wellness drinks through a network of distributors called “affiliates,” will be prohibited under a federal court order from paying an affiliate unless a majority of that affiliate’s revenue comes from sales to real customers rather than other distributors. The order also bars Vemma from making deceptive income claims and unsubstantiated health claims.
“Unfortunately, extravagant income claims and compensation plans that reward recruiting over sales continue to plague the MLM industry,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection.
“MLM companies must ensure that their promotional materials aren’t misleading, and that their compensation programs focus on selling goods
Hot Business News Today
Employees have witnessed cheating at the office Christmas party
by Owen Gough • • 0 Comments
Is your partner’s office Christmas party coming up? Then you had better get a plus one, as a recent survey reveals nearly half of employees have witnessed a colleague cheating on their better half at the office Christmas bash. A festive survey of 1,000 people, commissioned by stationery company Euroffice, has shows a staggering 43 per cent
The post Employees have witnessed cheating at the office Christmas party appeared first on Small Business.
Hot Business News Today
Breaking News: Vemma Vs. FTC – Pyramid Case Settled
by Ted Nuyten • • 0 Comments
In August 2015 the Federal Trade Commission (FTC) – an USA Government institution – hit Vemma with full power, many agents entered the head office in Phoenix, Arizona on a monday morning. A raid.
Bank accounts and credit cards were seized, 150+ employees were fired within a couple of hours, and a receiver took over.
A $180 million company was ruined, Vemma’s world wide distribution channel burned to the ground.
It was a direct attack on the MLM – network marketing industry.
The allegations: illegal pyramid scheme, income claims, failure to disclose, means and instrumentalities, relief defendent.
The FTC was granted a court order, to freeze the company’s and CEO B.K. Boreyko’s assets, as well as a temporary restraining order.
“Defendants are running a global pyramid scheme that has likely victimized hundreds of thousands or millions
Hot Business News Today
How team bonding in the Christmas buildup can increase productivity
by Ben Lobel • • 0 Comments
British high streets are twinkling, signalling the start of the season of goodwill. The battle of the ads bounced onto our screens with John Lewis’ trampolining dog and woodland creatures and Aldi’s adorable carrot bizarrely climbing over Christmas dinner the night before. Chocolate is disappearing from advent calendars daily – unless you scoffed it all in
The post How team bonding in the Christmas buildup can increase productivity appeared first on Small Business.
Hot Business News Today
Is local business performance related to Central London Tube lines?
by Owen Gough • • 0 Comments
The top-performing Tube lines in Zone 1 based on business turnover and growth have been identified by DueDil, a data intelligence company. The study reveals that companies on the Bakerloo line represent both the highest average annual turnover and average growth rate when compared to businesses adjacent to other lines. Every tube line achieved an
The post Is local business performance related to Central London Tube lines? appeared first on Small Business.
Hot Business News Today
UK finance teams spending almost a day a week on admin tasks
by Owen Gough • • 0 Comments
British finance departments are spending nearly one day a week on general admin tasks, putting a major drain on time and resource, according to new research from Concur. The survey also reveals that 65 per cent of respondents think there is a disconnect between where they spend their time and what they should be focussing on.
The post UK finance teams spending almost a day a week on admin tasks appeared first on Small Business.