Risk is inherent in doing business. The best way to fail is never to take any risks.
There are two kinds of risk:
The latter are the kind companies must actively manage to avoid a negative impact.
When it comes to managing business risk, many companies prepare for natural disasters, fire or maybe theft prevention (even though many small companies don't even do that). There are also bigger risks companies of all sizes should plan for and manage.
If you plan for what to do in case of physical emergency, you should also plan for:
Risk of competition
For more information regarding our Risk Management please submit your enquiry using our contact page.