GDPR Game Plan for the Small Business
One of the main reasons people start a small business is so that they can work for themselves. Many soon realize, however, that they’re at the mercy of a really tough boss. In a Gallup survey of small business owners, 39% of respondents reported working more than 60 hours per week. On top of that, there’s the never-ending awareness that the buck stops with you. Even if you delegate, everything ultimately ends up back on your desk.
When you’re under that kind of pressure, you have to prioritize. In doing so, people tend to ignore things that aren’t jumping up and down right under their noses. An example would be a data privacy law implemented on the other side the world…right?
Wrong.The EU’s General Data Protection Regulation, which goes into effect May 25, 2018, applies to companies of any size that have as much as a single customer, prospect, employee, or partner in any EU member nation. So the GDPR may very well apply to you, whether you realize it or not. And implementing the flawed childhood trick of pretending, “If I close my eyes really tight, maybe they won’t see me,” isn’t going to work. As much as you may cringe at the thought of putting yet another weighty issue on your to-do list, GDPR compliance won’t wait — and ignorance of the law isn’t an excuse.
Read the rest of this story on B2C, where it first appeared.