Manage your business risks and sleep well at night

Running your own business takes guts and determination. Generally owners are comfortable with a degree of risk and embrace challenges as they arise. This is a good attitude to have, as business owners are exposed to many risks. However, while some risks can be managed by implementing appropriate business controls, it’s becoming increasingly important for businesses to implement additional safeguards, such as asset protection and estate planning, managing liquidity risk and insurance.

To help you assess the risks in your business, please see the attached article.

If you would like help assessing your business risks please contact Graeme Bellach or Joel Halbert at CIB Accountants on 02 9683 5999.

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