The 4 Essential Business Risks Every Business Owner Must Know
Whether you are an SME or an international corporation, you will have been and are exposed to business risks on a daily basis. Unfortunately, no business is immune regardless of its size or industry presence. Risks and issues come in many forms including Financial, Operational, Supply Chain and Cyber. Each type of risk or issue is as detrimental to a business as the others.
The word risk seems to be becoming commonplace in our daily conversations both in and out of the office. The concept of risks and issues can seem confusing and these terms often used interchangeably. Those in the know are guilty of assuming that people know what risks and issues are and how much they can impact a business.