ABSTRACT

Threats to your business's survival can come at anytime and from anywhere, so you need to take the basic mechanics of running a business seriously. Architects understand that to protect their businesses against claims they need to purchase professional indemnity insurance. The best form of defence against these risks is to know where they might come from and to prepare your business against them. While the role of the traditional bank manager figure has changed, due to computerisation and the emphasis on the sale of financial products, banks still provide a critical lending function to businesses. The confidential nature of a person's salary can raise issues about the security of information if wages are calculated and distributed within the office, although this is not a reason on its own to hire someone specifically to manage your payroll.