April 20, 2020By: John Burrows
You might already know that a freight forwarder can assist you with moving goods, supplies, and inventory by offering you access to a number of different modes of transportation, including air, ocean, and road. However, if you’re doing business on Guam, a freight forwarder is uniquely positioned to offer you some distinct business advantages. When you partner with a forwarder on your Guam freight needs, you may be able to secure better shipping rates and simplify your involvement in the day-to-day logistics of your business. In fact, a good forwarder might even be able to help you uncover new efficiencies to simplify your operations and...
Read MoreMarch 23, 2020By: John Burrows
When it was passed in 1996, the Health Insurance Portability and Accountability Act (HIPAA) was considered a big win for patients by delivering higher levels of security and privacy. But their strict and complex nature presents risks for companies to unwittingly commit HIPAA violations. HIPAA was also designed to provide advantages to organizations that store and handle Protected Health Information (PHI). The act’s regulations aimed to create administrative efficiencies as well as a well-defined set of obligations to reduce potential liability. HIPAA levies steep fines for non-compliance. Plus, with healthcare fraud costs estimated at $68 billion and identity fraud victim costs calculated at $1.7 billion,...
Read MoreFebruary 14, 2020By: John Burrows
When it comes to ensuring a long life for your business, some owners focus exclusively on the day-to-day: getting customers in the door, delivering top-level service and fostering repeat business. While those processes are the lifeblood of any successful company, it’s also important to look ahead to the future—and plan for the unexpected. That’s where a business continuity plan comes in. What happens to your business in the case of a fire, flood, power interruption—or some other unexpected event that interrupts your business’s operations? How will you serve your customers? How will you keep revenue coming in the door? How will you continue to pay your employees? Your business continuity...
Read MoreOctober 29, 2019By: John Burrows
When you’re hiring a project manager, the concept of risk management may not be at the top of your mind. This can be especially true if you’re still gathering proposals. However, when your project manager skillfully employs risk management techniques throughout a project—such as an FF&E installation or an office and industrial move—your venture is much more likely to come in on time and on budget. As a result, understanding your project manager’s approach to risk management can be an important differentiator in the vetting process. In this article, we’ll share four questions you can use in interviews with project managers that will shed light on their approaches to risk management. These questions will help you understand who’s best equipped for the job, and who’s got...
Read MoreApril 2, 2019By: John Burrows
In this era of privacy regulations, data breaches and consumer privacy concerns, your obligations to protect your customers’ data are more important than ever. Establishing a strong records management program is the first step toward ensuring that your company and employees handle your data properly. In this article, we’ll run you through eight critical questions that have the potential to change the way you think about your records management policies. First and foremost, this Q&A will help you fill any gaps in your current policies. Additionally, it has the potential to help your company save some serious money. If you’ve assumed in the past that...
Read MoreFebruary 25, 2019By: John Burrows
In today’s business climate, it’s more important than ever to protect sensitive data. If your company is required to meet the standards of the Health Insurance Portability and Accountability Act (HIPAA), the Gramm-Leach-Bliley Act or the Fair and Accurate Credit Transactions Act (FACTA), you may already be aware of the importance of having solid records management and document destruction policies in place. However, even beyond the scope of these regulations, your company is still responsible for the data it handles on a daily basis, such as payroll records, personnel files, client lists, financial records and proprietary information. If you’re not managing your company’s records and...
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