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How to Protect Your Small Business From Potential Risks

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Experienced mentors can help entrepreneurs implement practical safeguards for your small business.

WASHINGTON, June 4, 2024 /PRNewswire/ — Whether you’re starting a new business or your company has been up and running for a while, protecting the business you worked hard to build is essential. Unfortunately, in the excitement of managing a small business, many entrepreneurs skip over this very important consideration. As mentors to America’s small businesses, SCORE encourages entrepreneurs this National Safety Month to take proactive steps to protect your business from risk.

1. Find an accountant.
Even if you plan on doing business bookkeeping yourself, getting a good accountant is worth the price. Not only can they ensure you take advantage of any tax breaks, but they can also provide valuable advice on how to structure your business, the best way to finance business expansion, and how much you should pay yourself.

“One of the main reasons businesses fail is poor cash flow management,” said SCORE mentor Cheri Hoffman. “If you don’t have a ton of experience with accounting/bookkeeping, there are some things you need to know. The money you will spend for these professional services is worth it.”

2. Buy business insurance.
Most businesses need general liability insurance, which protects the business from a variety of claims that can arise from business operations. A business owner’s policy combines general liability with property coverage and is a popular solution for many small business owners. If you provide advice or professional services to customers, you may also need professional liability insurance, also known as E&O (errors and omissions) coverage. If you use a vehicle for business purposes, such as traveling to customers to perform services, transporting materials or people or delivering products, you will likely need commercial auto insurance.

3. Be smart about new customers and clients.
Small business owners can face cash flow issues due to late or unpaid invoices. Fortunately, there are some things you can do to mitigate the risk. Start with a contract. A written contract outlines the terms of your agreement, including the scope of work, the price, the payment terms and any deadlines. Consider having an attorney review your master contract template before customizing it for clients.

4. Plan ahead for when disaster strikes.
From an electrical fire that destroys your inventory to a natural disaster like a flood or hurricane, disaster can strike your business at any time. That’s why having a disaster plan for what you will do in an emergency is important. Create a plan and assign responsibilities for how to get employees and customers out of the building safely, what to do if a disaster keeps you and employees from getting to your business, and how you will keep running even if you can’t get to your physical location.

5. Protect your business data.
To protect your business from cyber threats, start by backing up your company data and documents and storing them securely. A cloud-based file storage solution keeps your data safe off-site and accessible no matter where you are. To protect your business from cybercrime and hackers, install appropriate firewalls, use business-grade computers and antivirus software, and train your employees in cyber security measures, such as creating strong passwords.

To help you assess and avoid potential risks for your small business, SCORE client Jackson Dalton, owner of Black Box Safety in El Cajon, Calif., recommends utilizing resources that are readily available. “Take all the free SBA and SCORE classes that you can and sign up for a SCORE mentor,” said Dalton. “Network with friends, family and acquaintances to find a reputable accountant and attorney, as they will keep you out of trouble.”

A SCORE mentor can help guide you in managing potential risks and protect your business. Find one today at score.org/find-mentor.

About SCORE:
Since 1964, SCORE has helped more than 17 million entrepreneurs start, grow or successfully exit a business. SCORE’s 10,000 volunteers provide free, expert mentoring, resources and education in all 50 U.S. states and territories. Visit SCORE at www.score.org.

Funded [in part] through a Cooperative Agreement with the U.S. Small Business Administration.

CONTACT:
SCORE
202-968-6428
media@score.org

Looking for a small business expert or owner for an upcoming media story? Email media@score.org to request an interview source.

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SOURCE SCORE

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Abu Dhabi and Japan sign agreements to strengthen partnerships, boost bilateral trade and investments

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ABU DHABI, UAE, May 10, 2025 /PRNewswire/ — An Abu Dhabi economic delegation, led by the Abu Dhabi Department of Economic Development (ADDED), concluded a successful visit to Japan, signing agreements with government entities and the private sector to further enhance partnerships in various industries and high-growth clusters.

The Abu Dhabi economic delegation, comprising representatives from more than 80 public sector entities, private enterprises, SMEs, and startups, engaged in high-level meetings with top government officials, key businesses and investors in Japan, exploring collaboration opportunities in across key sectors including life sciences, carbon-neutral technologies, AI, digital infrastructure, robotics, advanced manufacturing, and financial services.

The delegation visited Expo 2025 Osaka and SusHi Tech – Tokyo, and organised the 11th Abu Dhabi Japan Economic Council (ADJEC) meeting, the Abu Dhabi Investment Forum (ADIF) and Abu Dhabi-Japan Business Forum, highlighting cooperation opportunities and the role of Abu Dhabi’s ‘Falcon Economy’ initiatives in accelerating transition towards a smart, diversified, and sustainable development.

12 homegrown startups, supported by Hub71 and Khalifa Fund, participated in SusHi Tech- Tokyo, Asia’s premier startup and innovation conference, highlighting Abu Dhabi’s tech talent, solutions, and investment opportunities in innovation-driven industries.

Organised in partnership with the UAE Embassy in Tokyo, the visit included meetings with H.E. Hirofumi Yoshimura, Governor of Osaka, H.E. Yuriko Koike, Governor of Tokyo, H.E. Nobuhiko Yamaguchi, Vice Governor of Osaka, H.E. Ogushi Masaki, State Minister of Economy, Trade and Industry, H.E. Takeuchi Shinji, Parliamentary Vice-Minister of Economy, Trade and Industry (METI), and H.E. H.E. Kodaira Nobuyori, President of the Japan Cooperation Center for the Middle East (JCCME). The delegation also met senior officials and executives of the Osaka Chamber of Commerce and Industry, Japan Business Federation (Keidanren), Sumitomo Corporation, Cosmo Energy, ITOCHU, and Toshiba.

His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED, said: “Guided by our leadership’s ambitious vision, we are doubling down on our efforts to future-proof the economy and cement Abu Dhabi’s stature as a rising economic powerhouse and a global hub for talent, business, investment, and trade”.

“Our visit to Japan presented a valuable opportunity to further strengthen our longstanding partnership by exploring new avenues of collaboration in various sectors. The agreements signed during this visit reinforce our commitment to deepening partnerships across priority industries and clusters to address giga shifts in the global economy. We remain committed to enhancing cooperation with key economies and trading partners, making human development and sustainability our top priorities to shape a brighter tomorrow”.

The agreements signed during the visit included a strategic partnership for smart mobility solutions between Emirates Driving Company and Zenmov, a leading company in smart mobility solutions, and Abu Dhabi Chamber and the Japan External Trade Organization (JETRO) agreement to deepen business relations and create new opportunities for collaboration.

In addition, the Emirates Foundation’s Nema initiative and Japan International Cooperation Center (JICE) inked an agreement to bolster cooperation to support achieving Nema’s goal of reducing food loss and waste by 50 percent by 2030, in line with the UAE’s National Food Security Strategy 2051 and U.N. Sustainable Development Goals.

His Excellency Shihab Ahmed Alfaheem, Ambassador of the UAE to Japan, said: “The visit of the Abu Dhabi economic delegation to Japan underscores the strength and strategic depth of the UAE–Japan relationship — one that is rooted in decades of trust and collaboration, and now firmly focused on the future. Japan’s global leadership in digital innovation, smart infrastructure, sustainable mobility, and advanced manufacturing aligns closely with Abu Dhabi’s economic diversification goals and its ambition to build a resilient, knowledge-based, and climate-conscious economy.”

H.E. Alfaheem added: “This mission represents a pivotal moment in our bilateral ties, as we prepare to activate transformative frameworks such as the Comprehensive Economic Partnership Agreement (CEPA). CEPA will provide unprecedented access to markets, streamline cross-border investment, and facilitate greater technological exchange between our nations. It is through such frameworks that we will unlock the full potential of UAE–Japan collaboration across sectors — from clean energy and AI to startups and industrial R&D. The UAE Embassy in Tokyo is proud to support this high-level engagement. We remain committed to fostering meaningful partnerships between Emirati and Japanese institutions, and to advancing shared priorities that will shape the next era of sustainable, innovation-led growth.”

Bilateral trade between the UAE and Japan rose 4.8 percent to AED 182.4 billion (USD 49.7 billion) in 2024, compared to AED 174 billion (USD 47.4 billion) in 2023, while non-oil trade grew 2.2 percent over the same period, reflecting growing ties between the two economies. UAE investment in Japan has increased 100% over the past five years, while the country accounts for 80 percent of Japanese investments in the Middle East.

The Abu Dhabi economic delegation included senior officials and executives from government entities, private sector’s companies, and startups, including the Department of Culture and Tourism – Abu Dhabi, Abu Dhabi Securities Exchange (ADX), ADGM, Abu Dhabi Investment Office (ADIO), Abu Dhabi Customs, Khalifa Fund for Enterprise Development, Abu Dhabi Chamber of Commerce and Industry (ADCCI), ADNOC, KEZAD, Hub71, Abu Dhabi Airports, and major companies from different sectors.

Photo: https://mma.prnewswire.com/media/2684338/Ahmed_Jasim_Al_Zaabi.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/abu-dhabi-and-japan-sign-agreements-to-strengthen-partnerships-boost-bilateral-trade-and-investments-302451662.html

SOURCE Abu Dhabi Department of Economic Development

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Dyness Successfully Concludes a Remarkable Showcase at Intersolar Europe 2025

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MUNICH, May 10, 2025 /PRNewswire/ — Dyness, a global pioneering provider of energy storage solutions, has successfully concluded its participation at Intersolar Europe 2025, Over the event, Dyness captivated the global audience at Booth B2-131 with its cutting-edge energy storage innovations, drawing strong attention from partners and industry professionals.

At the exhibition, Dyness proudly presented its flagship solutions, each tailored to meet the evolving needs of diverse energy storage applications.

Residential Solutions: Compact, Scalable, and Intelligent

For the residential ESS, Dyness introduced innovative solutions designed to combine flexibility, performance, and user-centric design.

PowerHI, the newly launched balcony ESS, offers compact plug-and-play installation and expandable capacity up to 14.4kWh. With its self-heating function and reliable operation in temperatures from -20°C to 55°C, PowerHI provides a flexible and efficient energy storage option for modern households seeking greener living.

PowerDepot G2 stood out for its exceptional scalability, supporting up to 50 units in parallel for a capacity range from 5.12kWh to 256kWh. Featuring a high IP66 protection rating and an integrated aerosol fire suppression system, PowerDepot G2 delivers robust outdoor performance, high safety standards and strong adaptability to evolving residential energy needs.

C&I Solution: Flexible and Future-Ready

In the C&I sector, Dyness showcased STACK100, a modular indoor solution ideal for small and medium-sized enterprises. Supporting parallel connection of up to 12 clusters with a maximum capacity of 921kWh, STACK100 enables flexible deployment, scalability and optimized energy management for a variety of commercial applications. The high-performance design and versatile configuration of STACK100 attracted wide interest from visitors seeking reliable solutions for business energy transformation.

Engaging the Community: Vibrant On-Site Activities

Adding to the excitement, Dyness hosted a Photo Check-in activity, inviting visitors to capture memorable moments at the booth. Participants received complimentary coffee or beer upon sharing their photos, creating a lively and engaging atmosphere. This initiative not only fostered deeper interactions but also highlighted Dyness’s open and dynamic brand spirit.

Recognized with the “Top Brand PV” award by EUPD Research, Dyness continues to lead with innovation and trusted performance. With a growing global footprint spanning 13 branches and partnerships with over 90 distributors worldwide, Dyness remains committed to providing localized services and continuous innovation. Serving more than 500,000 users across 100+ countries, Dyness is driving the process of making green energy available around the world.

For more information, please visit www.dyness.com.

Photo – https://mma.prnewswire.com/media/2684291/Dyness_a_global_pioneering_provider_energy_storage_solutions.jpg

View original content:https://www.prnewswire.co.uk/news-releases/dyness-successfully-concludes-a-remarkable-showcase-at-intersolar-europe-2025-302451656.html

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MusicFab Celebrates Mother’s Day With Exclusive Discounts On Music Converter

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In honor of Mother’s Day, MusicFab launches a special promotion, offering deep discounts on individual products—up to 50% off—and a 30% discount on the all-in-one software package. This Mother’s Day event gives music lovers a perfect opportunity to gift family members distinctive music experiences by bringing their favorite tracks, playlists, and podcasts offline.

LOS ANGELES, May 10, 2025 /PRNewswire-PRWeb/ — MusicFab stands out as the ultimate one-stop solution for converting streaming music. The platform enables users to seamlessly convert music from top music services, including Spotify, Amazon Music, YouTube Music, Apple Music,and more than ten additional platforms. Whether users want to save songs, full albums, curated playlists, podcasts, audiobooks, or YouTube music videos, MusicFab has them covered.

With MusicFab, users enjoy the flexibility of converting lossless tracks, such as Apple Music to MP3, M4A, WAV, or OPUS formats, ensuring compatibility across all personal devices and offline listening with high audio quality. The built-in web browser allows music fans to browse, play, and save tracks all in one place, creating a streamlined and convenient user experience.

Mother’s Day Promotion Highlights

Individual products: Save up to 50%All-In-One package: 30% discount for comprehensive music downloading needs

MusicFab’s Mother’s Day sale brings exceptional value to those looking to empower loved ones with the ability to enjoy favorite songs offline, anytime, and anywhere.

For more information about MusicFab or to claim your Mother’s Day discount, visit the official promotion page.

About MusicFab:

MusicFab delivers a robust multimedia toolset designed for effortless music downloading and conversion. Supporting leading streaming services and offering versatile output options, MusicFab enables users to curate and enjoy music collections without limits. Products include MusicFab Spotify Converter, MusicFab YouTube Music Converter, Music Apple Music Converter, etc.

Contact Information:

Company: MusicFab Technology

Other Official Website:

JP: https://musicfab.dvdfab.org/

FR: https://musicfab.dvdfab.fr/

DE: https://musicfab.dvdfab.at/

ZH: https://musicfab.dvdfab.tw/

Media Contact

Jane, MusicFab, 86 18810235109 marketing@dvdfab.org, wf200106@gmail.com, https://musicfab.dvdfab.cn/

View original content:https://www.prweb.com/releases/musicfab-celebrates-mothers-day-with-exclusive-discounts-on-music-converter-302449779.html

SOURCE MusicFab

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