Tag: Risk

Fire can have disastrous consequences and businesses can spend years trying to recover – yet many business owners and managers fail to conduct an annual hazard audit.

The story goes that the most successful entrepreneurs are risk takers that are always full of bright ideas – or are they?

Ensuring your business is ready for the silly season isn’t about being a scrooge – it’s to ensure all you’re left with is a sore head.

Finding the money to start a business is a problem for many budding entrepreneurs, but Rob Nixon decided to risk it all by putting $90,000 on his credit cards to get his start.

The majority of Australian entrepreneurs are risk takers and competitors, according to new research.

Earlier this month, Telstra released the results from a survey which found the majority of small businesses aren’t using social media.

An open mind and a willingness to learn from mistakes can be all that stand between glorious comeback and utter collapse.

Well, 2012 is done and dusted. We survived the fiscal cliff, the end of the world, and currency volatility continued to be the norm. During the Christmas and New Year period alone, currency markets rode a roller coaster up and down a 200 point range.

Protecting against fire should not end once a fire protection system is installed. It’s critical that anyone working within a facility knows how to respond to a fire emergency and knows how to use the fire equipment onsite.

The role of an SMB owner is wide-ranging and understated: CEO, general manager, accountant, HR manager, and marketer. Without the luxuries afforded to a larger organisation – such as having a risk management team – small business owners need to self-manage all risk scenarios and shortcomings in-house.