Understanding Business Insurances

In the general context of business planning, and also in the specific contexts of business continuity planning and succession planning, one of the topics that we at the Kansas SBDC frequently discuss with clients is the importance of having necessary and appropriate insurances.  Often, we recommend business owners confer with several members of their BAIL team about insurances. (BAIL is the acronym for Banker, Accountant, Insurance agent and Lawyer; but a BAIL team is a business's group of  key advisors...

Read More

Cybersecurity Awareness: It’s Not Just for IT Professionals

Many small businesses think of their IT professionals as their cybersecurity superheroes, their ever-vigilant line of defense.  True though this may be, talk to any IT professional  and he or she will tell you that cybersecurity is not just an issue for IT guys/gals. It is an organizational issue. Business ownership/leadership/management needs to be educated about risks and risk mitigation and involved discussions about cybersecurity in order to plan strategically and lead from a position of knowledge and preparedness. The...

Read More