Risk 21
How to Develop a Risk Assessment Matrix For Business Success
A risk matrix is a tool that is used during risk assessment to define the level of risk by considering the probability or likelihood that an event against the severity of the consequence to the business if it were to occur. A risk matrix is a visibility representation of risks to assist a business in decision making and mitigation.
Small Business Advice – Pick of the Week August 15th, 2020
This week’s top stories include small business advice covering the following four topics:
- Why Successful Entrepreneurs Need To Be Calculated Risk Takers
- 6 Signs Your Fear of Failure Is Holding You Back (Without You Even Knowing It)
- Exploring the Major Ramifications of the Sudden Shift to Remote Work
- Don't Become an Entrepreneur If You Want Passive Income
Each week we scour all the top b usiness-related magazines and newspapers for articles with the best advice for the small business owner, so you do not have to.
Antifragile – Why You Need to Study Risk and Not Manage It
When a crisis occurs, it disproportionately hurts some industries while lifting up other ones. This is why you need to study risk and not try to manage it.
How to Determine Your Business Risk
It Is Always A Good Idea To Review Your Risk Exposure From Time To Time And Develop A Plan To Deal With Things Before You Are Forced To Deal With Them During A Crisis.
Small Business Advice – Pick of the Week March 28th, 2020
This week’s top stories include small business advice covering the following four topics:
- 3 Myths of Entrepreneurship That Most Business Books Won't Tell You
- The Difference Between a Business Coach, a Mentor, & a Consultant
- Entrepreneur's Editor in Chief: "Coronavirus Will Make Us All Stronger"
- A 10-Point Small-Business Survival Plan for Dealing With the Coronavirus
Each week we scour all the top business-related magazines and newspapers for articles with the best advice for the small business owner, so you do not have to.
How to Develop a Small Business Continuity Plan
What Would Happen If A Disaster Struck Your Business Tomorrow? Would You Know What to Do? If You Had A Small Business Continuity Plan You Would.
3 Things You Need to Protect a Small Business
Keeping things secure from criminals or opportunists should be a priority for a small business owner. However, many small business owners fail to implement proper security strategies to protect a small business, since they have the mistaken belief that only larger business with more valuable assets are targeted by criminals.
How to Determine Your Operational Business Risk
It Is Always A Good Idea To Review Your Risk Exposure From Time To Time And Develop A Plan To Deal With Things Before You Are Forced To Deal With Them In Real Time During A Crisis. Here Is A List Of Some Operational Business Risks Your Business May Face So You Can Consider Ways That Mitigate The Effects If Things Go Wrong.
Income Security: Why Being an Employee is Just too Risky
With the rapidly changing business landscape, companies who are beholden to their shareholders are shifting their risk from the business to the employee.
How to Control Business Risk
Would your business benefit from lower downside risk but less profit potential, or higher profit potential with greater risk if break even is not met? In this post, discover how a businesses fixed and variable costs will shape its risk and reward possibilities.
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