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The Risks of BYOD for Small Businesses

The Risks of BYOD for Small Businesses

Start-up companies, particularly those associated with new technology, encounter a plethora of difficulties when laying the foundations of a new business structure, and unfortunately, the failure of start ups is not uncommon. Without a large venture capital investment or sound business model, many businesses fall at the first hurdle. To combat this issue, start-ups and SMEs are increasingly turning to a bring your own device (BYOD) model of working because of the benefits a mobile workforce can offer. This also dramatically reduces start-up costs as employees will already own devices and the capability for employees to flexibly work from home or on the road, and a shift in asset responsibility from the company to the employer. However, if the correct precautions are not undertaken, the cav... »