For the entrepreneur and small business owner, nothing can be more helpful to your business than cost-benefits analysis, especially as it relates to risk management. Basically, what your cost-benefits analysis will do for you will be to give a monetary…
When it comes to risk and risk management, most entrepreneurs and small business owners don’t seem to have the grasp on it that they should. Many small businesses today are operating without a business plan. Your business plan is the…
The lifeblood of every entrepreneurial endeavor or small business is cash. Whether it be attainable cash flow or whether it be investors, your dream, your company, depends on it. Your risk management policies, as well as your overall risk profile,…
The statistics are rather harsh and gloomy. According to the Small Business Administration, only 4 out of every 10 business ventures survive longer than four years. These stats are just for start ups. What about small businesses with employees? The…
Being proactive with regard to anything is, generally, an excellent rule of thumb. When it comes to your economic survival, and the survival of your business and family, being proactive is an absolute imperative. Being proactive with regard to your…