What are your top business risks?
How confident are you that your business is protected against the risks that can hurt it most?
What can put you out of business? Can you buy insurance for it? Have you thought of everything? I always ask business owners what keeps them awake at night. The answer is never the things that businesses traditionally buy insurance for: fires, vehicle accidents, thefts, slip and falls, etc. So what keeps you awake at night?
Successful business people know their risks. They know what they need to do to maximize the upside of risk and minimize the downside of risk. They know which risks really matter and where they need to spend their time and attention.
Having been a professional risk manager, and very involved in risk management in North America over the past 15 years, I have seen a lot of businesses suffer severe damage or fail. I’ve also spoken to thousands of business people about their risk. What keeps most business people awake at night in my experience?
Top 10 Risks According to Business People
You know your business risks, and you are managing them successfully or you wouldn’t be in business. But how successful would you be if you understood the risks better and, more importantly, how to take those risks and turn them into the best possible outcome – business success?
Do you need a Business Risk Assessment?
If any of these questions makes you uncomfortable, you’re not alone. Let us do a free Business Risk Assessment for your business. The risk experts at Optimized Risk and Insurance will take the time to look at your business activities, its risks, and its liabilities to see if there are any gaps or exposures. We will recommend ways to help your business identify and manage risk better to help make your business more successful.