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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). That trend continued in 2021, with only 34% of small businesses applying for bank loans. The biggest perk is that the bank has no say in how you run your company.

Finance 264
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Employers may be responsible for employee damages from cyber security hacks

BMT Office Administration

Mail scams may be making a comeback, but the quickest, easiest, and most efficient way for a scammer or phisher to steal employees’ identities is to hack into your computer network. But ESS portals are risky, too, because they create more points of entry into your computer network for phishers to create havoc.

Security 246
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Will robots take my job? No, if you read this.

Insperity

Take bank tellers, for example. With the creation of automatic teller machines (ATMs), the demand for bank tellers has greatly decreased. Before you can make yourself an indispensable employee, you need to think about daily, routine tasks that could be more efficiently done by computer software. Scheduling meetings. –

Software 195
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3 Secret Ingredients to Building a Dream Team

Insperity

We all know someone like Mike, whose idea of a dream job is sitting alone at his computer, headphones on and focused on his data entry. As a mentor of mine once said, set the banks of the river and let your people flow within them. While they happen to be on the same team, their job skills, titles and requirements are vastly different.

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You need a data protection policy – Here’s the basics

Insperity

If there is no IT department, consider hiring an IT security firm or consultant to assess the company’s computer network and address security weaknesses to prevent a future data breach. Personally identifiable information no longer only includes data like social security and driver’s license numbers.

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How to Protect Yourself from Online Scams

Success

Most of us know the obvious scams like being asked to send your bank details so you can claim foreign lottery winnings, or princes of foreign lands looking for assistance in moving fortunes away from rebel fighters. Listen to your gut. Keep your devices up to date. Check your credit report quarterly. Don’t use public wifi.

Banking 126
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Scientist and Engineer Rosalind Picard Is Transforming Digital Health with Wearable AI

Success

She started designing computers and became interested in how the human brain works to build better computers. These internet-connected devices not only include desktops and laptops but our phones and wearables as well, says Picard, founder and director of the MIT Media Lab’s affective computing research group.

Computer 111