How often do you consider the risk of running a business?

As much as we’d love business to be about profits and perhaps doing what we love, there are also risks to running a business and ignoring those risks can lead to all sorts of problems. Acknowledging risks, however may mean yu can reduce the likelihood of them occurring and allow you to plan ahead to make dealing with a risk easier.

Here are some risks you may want to look at for your business:

• investigate anyone you are doing large transactions with – you can do a credit check, check if they have civil claims against them, ask for bank references, and so on
• security offered by your web host Continue reading →