Risk Management Advice

Each fall I teach a class on small biz management at a local community college.  We just finished a unit on risk management.  Here are some of the suggestions I made...

--Backup your computer data up every night - off site.

--Hire employees slow.  Fire them fast. - Good people a gold.  Deadwood will kill 

your company.

--Run background checks on every new hire, check references, credentials, and 

talk with former employers.

--Build a company culture that values honesty and integrity. 

--Build systems that prevent employee theft.

--Review your insurance with your insurance agent at least annually