Entrepreneurs: Protect Your Ideas.

According to Entrepreneurship Education — a core curriculum designed to teach kids in grades 4-12 what they need to know in order to run their own businesses — 80 percent of today’s college graduates will not be able to find a job in their chosen field of study. Given those statistics, it should not be surprising to learn 54 percent of those people aged 18 to 34 want to start their own businesses. When starting a new company, safeguarding your assets is essential to help your business thrive.

Back it Up in the Cloud

You probably know you are supposed to back up your data pertaining to anything of importance. This, of course, is of particular importance when you are brainstorming ideas of your business or hatching new plans to overtake your competition. PCMag.com’s lead analyst, Michael Muchmore, provides a great breakdown of a dozen cloud storage services. Keep the pricing structure and the type of plans available in mind when researching. Look for convenient features, such as folder syncing and mobile access, that make it simple to backup your data.

Add a Device

Don’t rely on just your cloud storage, though. Make a plan for those times when you might not be able to access the cloud. Having an external backup method in place gives you instant access to your data. While a USB device is a good choice for on-the-go data backup, choose an external drive for a full backup. CNET.com reviews external drives and offers unbiased opinions on the best products. Though price can be a big factor, buying the biggest capacity drive today will serve you well through the years.

Thwart Theft

According to the latest FBI statistics, dated in 2011, there were more than 2.2 million burglaries across the United States, an increase of almost 10 percent over 2010 figures. While many thieves are likely targeting your big screen television and heirloom jewelry, your electronic devices are also a target. With the advances in the industry today, you can truly devise your own unique DIY home security alarm. Set up sensors designed to alert you when one aspect of your security system is compromised. Get alerts of breaking crime reports in your neighborhood on your mobile device. You can even watch your home from your laptop or mobile device with the 24/7 access available today.

Bump up the Insurance

Though you likely already have homeowner, or renter, insurance, you might need a rider on your existing plan to cover any business related items that are damaged or destroyed in the event of a fire or theft. Although insurance might cover the cost, premiums go up, and your productivity goes down. Your best bet is to protect your assets by securing them at all times.

Being proactive with your assets, including your business computer, can help your new business get off to a great start. But regardless of whether you’ve just registered your LLC or you’ve had your own thriving business for years, safeguarding your company’s assets should be at the top of your to-do list.

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