Risk Management and Assessment for Business Investment Concept. Modern graphic interface showing symbols of strategy in risky plan analysis to control unpredictable loss and build financial safety.
While investors tend to have their eyes fixed on the expected returns of their investments, responsible investing must also consider risk. Managing the trade-off between risk and return is the ...
Daniel M. Machnik is the owner of Willis & Machnik Financial Services, an affiliate of Avantax Wealth Management. “The best-laid plans of mice and men often go awry,” or so we’ve been told. Part of ...
Most family businesses are at risk much more than they realize. When family firms begin, their risk profile is relatively simple. They then grow in complexity over time, often evolving into ...
Do your clients request or, more likely, expect tax planning services beyond traditional tax compliance services? While tax planning may be rewarding and interesting work for many CPAs, these services ...
Opinions expressed by Entrepreneur contributors are their own. Q: I would like to include a risk analysis in my business plan. I don’t know how to show risks without sending investors into an anxious ...
Too often, cybersecurity teams find themselves in a reactive mode, limiting their ability to think strategically about cyber risk management and resource allocation. However, applying best practices ...
One of the iconic moments in movie history is the scene from 1984’s The Karate Kid, when Mr. Miyagi puts young Daniel to work waxing his car with the instruction, “Wax on, wax off.” That phrase is ...
In today’s fast-paced and unpredictable business world, small and medium-sized enterprises (SMEs) must navigate many operational challenges. With the potential for significant disruptions lurking ...
The key to evaluating risk factors in your plan means you must take an honest look at each section to determine its potential impact on your business. Start by learning the potential risk factors most ...