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Business value – Managing risk

Most businesses, no matter how successful, if unprepared, can be adversely impacted by unexpected events.

Whilst it would be great to run a business where nothing ever went wrong, the reality is that every business needs a Risk Management Plan.

There are many factors that contribute to business success. Understanding these factors for your business, anticipating the potential risks and establishing risk mitigation strategies is critical.

Large companies typically spend significant amounts of time and resources on risk and contingency plan. SMEs and small business generally tend to overlook the importance of risk management. Prevention is the key to avoiding potential disaster.

Bruce Saward's Articles

Extending our International Connections

Saward Dawson has been a member of Russell Bedford International network since 2007. The network now has firms in approximately 100 countries, with 350 offices, 700 partners and 6,500 staff. This year Russell Bedford was the winner of the International Accounting Bulletin (IAB) Network of the Year award. The IAB world survey ranks Russell Bedford […] Read more

Some headlines that caught my eye

There were a number of headlines that caught my eye in “The Age” on 27 November that read as follows: On Cyber Monday, Pope attacks ‘sickness of consumerism’ NAB’s Thorburn says incentives acted as ‘bait’ Sean started by saving $US5 a day – now he’s on the road to becoming a millionaire. Without repeating the […] Read more