Small Businesses & Data Privacy

In today’s digital age, data privacy has become a top priority for individuals and businesses alike. Small businesses in particular need to ensure that they are taking the necessary steps to protect their customers’ personal information. By doing so, they not only comply with data protection regulations but also build trust and loyalty with their customer base. While implementing robust data privacy measures can be challenging for small businesses with limited resources, even small steps can make a significant impact. Young Entrepreneur Council (YEC) members weighed in on the topic of dealing with data privacy with small businesses and Jordan Edelson, CEO of Appetizer Mobile, stated, “Being upfront and honest about the data you’re collecting while also providing the customer with the ability to opt out can make customers feel more in control. Customers want to know where their information is being shared. By providing them with the ability to opt out, you can often produce increased traffic due to higher trust in the brand”. To read the entire article, you can visit the following link: https://smallbiztrends.com/2023/04/small-businesses-commitment-to-data-privacy.html