Guam Movers
Helpful Articles - Business Tips

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,...

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...

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...

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...

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...

There’s a reason you don’t want to choose just anyone when it comes to planning an office remodel or relocation. Any significant infrastructure project represents an investment on your company’s part. It’s not just in the money you allocate to purchase your furnishings and equipment. You’ll also invest the time and resources of your staff as well as commit to downtime in order to complete your relocation, renovation or expansion. With such a large outlay of assets on the line, preparing for success is crucial. As you search for moving and installation vendors to complete your project, there are five key areas you’ll likely want...