Business doesn’t have to be risky, but there are risks you have to manage. These tools will help you identify risks by using a risk matrix, to develop Plan B’s so you always have a backup plan and to understand what other tools can be used to protect your business. Starting a business always involves risk – and to be a success in business means taking some risks. The trick is to manage the risk and find a comfortable balance between risk and reward.
Managing Risk | Business Foundations | Video
If you would like to read an article outlining how to manage risks, here’s the link:
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