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Why Your Small Business Needs a Disaster Recover Plan and How to Build One

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Do you need a Disaster Recovery and a Business Continuity plan?  The answers to the following questions will dictate what your response must be.  Do you have clients?   Do you have employees?   Are you providing products and services that your customers value? If you answered yes to any of these questions, then you absolutely need […]

Why Risk Management Is Important to Small Business and How to Manage it for Growth

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Risk is inherent to every part of a business.  Companies need to take risk in order to grow, become profitable, and contribute to the economy.  Risk management is the practice of identifying, analyzing, understanding, and controlling risk, helping to ensure capital and earnings are maintained.  Risk management applies to all aspects of a business and […]

How Small Business Can Manage Credit Risk

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Credit risk, or the risk of customer payment default, is very important for all businesses, but it can be a matter of success or failure for a small business enterprise.  A small business must manage their credit risk well in order to ensure their business can function.  Credit risk is a key issue that has […]