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Manage Risk of Financial Losses & Tax Shelter YOUR  Hard Earned Money  

Use PREVENTATIVE MEASURES FOR YOUR BUSINESS CONTINUITY

Risk management involves putting processes, methods, and tools in place to deal with the consequences of events you have identified as significant threats for your business.

This could be something as simple as setting aside financial reserves to ease cash flow problems if they arise .It often referred to as business continuity plans. These set out what you should do if a certain event happens, for example, if a fire destroys your office. You can't avoid all risk, but business continuity plans can minimize the disruption to your business.

Risk assessments will change as your business grows or as a result of internal or external changes. This means that the processes you have put in place to manage your business risks should be regularly reviewed. Such reviews will identify improvements to the processes and equally they can indicate when a process is no longer necessary.

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