Calculating business risks

[eldavis]

As a business owner, you are bound to take risks in one way or another which running your business. There are experts who would tell you to always take calculated risks, in other words manage your risk. As a business owner how do you manage your risk?

 

[cherry123]

You start by finding out the risk then see how you can combat it. if it means you bringing in experts to help then go ahead with it.

 

[Niyi Briggs]

Evaluation of business risks helps a business person to know what he or she can handle. And to make plans to avert any form of shocks.

 

[cherry123]

it is always good to calculate the risks this will help with planning deliberately for the business to overcome the risks.

 

[Shavkat]

The best course of action to manage the risk/s is to be aware what is going on with the company. It needs to be hands-on with the business and not fully controlled by the experts. He or she should be involved actively.

 

[Bisolami]

The best course of action to manage the risk/s is to be aware what is going on with the company. It needs to be hands-on with the business and not fully controlled by the experts. He or she should be involved actively.

The person is needed to know everything going on in the company and to be an expert in that field so that he will be able to solve some problems that happens if a company

 

[uptrendfinancialsignal]

It is important to calculate business risk in order to improve the business.