Financially Simple

Business Risk Assessment - Listen to Your Good Angel

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Sinopsis

In episode 13 of Financially Simple, Justin takes a look at the ins and outs of Risk Assessment. In business there are risks - the key to a successful business is knowing the specific risks to that industry and how to counter or absorb them. Justin talks about what risk is, the legal side of it, how to identify it, and how to address it, giving a candid example from his own experience dealing with risk. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!  TRANSCRIPT: A Business Risk Assessment Today Can Boost Value Tomorrow – Post #13   TIME INDEX: 00:41 - Listen to Your Good Angel - Don't Do It! 02:00 - A Cautionary Tale 04:18 - Risk Management 04:53 - What Is Risk? 08:19 - The Legal Aspect 08:51 - Why Does it Matter? 09:55 - How to Identify Risk 10:39 - Where to Start 13:43 - Risk Assessment 16:48 - Know the Law 20:05 - Risk Management is Vital For more in-depth reading about this podcast series, pick up a copy of Justin's new book: The Ultimate Sale USEFUL