Article provided by MiWay Goods in transit refers to merchandise and other types of inventory that have left the “shipping dock” (or premises) of the seller, but not yet reached the “receiving dock” (or premises) of the buyer. If you are in the panel beating industry, for example, this would refer to the parts or equipment […]
Article provided by Accountability BusinessDictionary.com defines risk mitigation as “a systematic reduction in the extent of exposure to a risk and/or the likelihood of its occurrence.” People are innately risk-adverse. The current economic climate, however, is forcing businesses to take more and more risks in order to thrive. Taking risks in one way or another creates […]
Cybercrime is ranked globally as the second most perpetrated economic crime. South Africa is a hotspot for cybercrime with 29% of the respondents to the Global Economic Crime and Fraud Survey 2018 by PWC responding that they had experienced cybercrime in the past two years.
Article provided by MiWay In recent weeks, the looting of trucks has caused chaos across the country. A recent incident, over the Freedom Day / Workers’ Day long weekend, saw more than 30 trucks destroyed or damaged – an estimated loss of R250 million. In the video below, watch how nimble thieves execute a pineapple […]
Article provided by Auto & General Every year, thousands of lawsuits are filed against businesses for numerous reasons. These lawsuits have the potential to deplete years’ worth of savings. One lawsuit may be all it takes to send a business into liquidation. Having liability insurance not only protects small business owners from certain lawsuits, but […]
When transporting goods and stock, it may be tempting to load the vehicle a little more than usual in order to maximise the load and possibly reduce fuel costs, but this can be a costly mistake. We know that optimising productivity, reducing operational costs and improving profit is key for any business, but “Overloaded vehicles […]
Article by Auto & General Whether you are contemplating starting a new interior design business, have owned a carpentry business for many years, or run your bed and breakfast from your home protecting your business from insured losses is one of the most important ongoing financial investments you can make. It can mean the difference […]
