Whilst we still continue to aid business owners when their business experiences a crisis, we can never seem to stress enough the importance of looking at your risks and impact of such risks early (before these impact on your personal life). Preparation in business is as necessary as it would be for a holiday (business plan – check, low debtor days – check), imagine packing your bags just hours before taking a flight – you wouldn’t! So when it comes…
There are many sources of business risk. It is important that business owners understand there are certain risk events that can be controlled and some that cannot. Changes in government legislation and environmental impacts—floods, droughts, fires…