There are various things to consider when you begin to expand your business.
Whether you are considering heading overseas or keeping things domestic, data privacy laws are something that should be prioritised.
Here are some tips for navigating the legal landscape whilst still keeping your business expansion at the forefront of decisions.
Navigating the complex landscape of data privacy regulations
When expanding your business, understanding the various data privacy laws that may apply is crucial.
The UK’s Data Protection Act 2018 and the General Data Protection Regulation (GDPR) are the main two, but there may be more depending on your sector.
These pieces of legislation govern how personal data should be handled within a business. This applies to any form of customer information as well as staff records.
Non-compliance can lead to financial and legal penalties, so being aware of responsibilities is important.
Recent developments in UK data privacy legislation
In October 2024 new legislation was proposed to Parliament called the Data (Use and Access) Bill. Among the proposed changes is the use of cookies on websites.
There are redefined definitions of what is deemed ‘necessary’ and eases the consent requirements in some cases.
Whilst this is only one piece of legislation, keeping on top of any developments means the business can react quickly to changes, ensuring compliance.
Implementing robust data protection measures
To ensure legal compliance, implementing robust data protection measures is essential. There are many different approaches the organisation can take, so be sure to consult with professionals who specialise in data privacy laws.
Secure storage solutions combined with regular audits, staff training and data minimisation are all simple steps which can keep you on the right side of the law.
You could, for example, make data protection training a mandatory part of onboarding for new staff as well as having yearly refreshers for current employees.
There may also be cause to hire a Data Protection Officer, but this depends on the type of business you conduct and whether the business is a public authority or body.
Whilst this is a legal requirement for some companies, you may decide to voluntarily appoint one to keep things above board.
The role of data privacy in building customer trust
Legal compliance is the obvious reason to abide by data privacy laws, but there is a happy side effect of being able to build customer trust.
If customers see that your data policies are transparent and easy for them to understand, they can make informed decisions about deciding to give you their business.
You can also make it clear how they can withdraw their information or request any information you have on them, again appearing transparent and responsible.
Fostering favourable impressions as well as customer loyalty are good attributes for a long-lasting business.
