Effective Risk Management
Cheri Hotman, owner of Hotman Group, emphasizes the importance of keeping your business and client information safe. Cheri discusses the need for businesses to be good stewards of their hard work. Drawing from her experience at Hotman Group, she highlights the significance of aligning regulatory practices with client needs.
It's not just about following mandatory rules but also about tapping into regulatory guidelines to shield both your business and your clients. She's all for businesses being proactive and getting on board with these measures early on, pointing out that as you grow, you're going to bump into these regulations sooner or later.
Cheri's got practical advice for businesses diving into the world of regulatory compliance. Pick a framework, spell out your requirements, and get those solutions in place.
And don't forget the golden rule—keep an eye on things regularly to make sure you're on track.