Risk Management
Good Risk Management does not happen by accident. Every business has to take risk. It is the existence of risk that discourages most people from setting up in business for themselves. The entrepreneur however must take speculative and calculated risks in order to develop and grow his business.
We are also faced with other risks everyday where there is no positive gain to hope for and only a risk of loss. Risks such as fire, theft, injury to employee fall into this category. While insurance can provide some form of protection against such risks, it is never a perfect solution. Even with insurance in place there are many aspect of the risk that will not be covered including management time, lost opportunity, retraining and a host of other costs.
Prevention is better than cure and no more so than in business. We have developed a number of useful Risk Management guides to assist you in the management of your risk. We will add additional articles to this over time.
Should you have any specific questions please feel free to contact us.
We are also faced with other risks everyday where there is no positive gain to hope for and only a risk of loss. Risks such as fire, theft, injury to employee fall into this category. While insurance can provide some form of protection against such risks, it is never a perfect solution. Even with insurance in place there are many aspect of the risk that will not be covered including management time, lost opportunity, retraining and a host of other costs.
Prevention is better than cure and no more so than in business. We have developed a number of useful Risk Management guides to assist you in the management of your risk. We will add additional articles to this over time.
Should you have any specific questions please feel free to contact us.