Monitoring and review is the final stage in the risk management process. It is the means by which risk management is kept current and effective, as new risks and those overlooked in the original proce

Key steps in risk management

Identify the risks.
Assess the risks.
Control the risks.
Monitor and review the process.

Resources

Even profitable businesses can go broke! The sooner you learn that when you’re out of cash, you’re out of business, the better your chances for survival will be. You need cash available to pay your bi

People are in business to make a profit. The question remains how best to access those profits? At the end of each financial year, or better still, just before the end of each financial year, you shou

To understand where you can go to acquire the necessary capital to start, better manage, or expand your venture, you must first become acquainted with the various types of money available, how it is g

Once you have finished your market research and worked out the effect a Web site will have on your business, you then need to plan its future. This means having a strategy for how you will create your

Trade credit is an almost inevitable part of business-to-business commerce. Whilst more business is a positive outcome from offering credit to the customers, it has a negative impact on a business’ ca

The trouble with marketing is that there is no one, easy solution to solve your promotional needs.

Direct mail doesn’t work on its own, nor does telemarketing. Free seminars to hot prospects

Getting involved with franchise is a great option for getting into business – just make sure you are well prepared by making sure you take on the right systems and processes.

This is available as par

Flood damage exclusions

It is important to remember that all insurance policies are unique and have different characteristics and exclusions. The following exclusions though, are common in most comme