Business growth requires a solid foundation which is built on a solid, well thought out risk management system. When you minimise your risks, you reduce exposure to losses and maximise profits.The single most important thing an SME can do to minimise risk is to establish a risk management plan that identifies risks & nominates processes to deal with them.
The list of business risks can be extensive but can be categorised as:
As a specialist in Credit Facilitation to the Drilling sector,
(ADIA member) can assist members in minimising credit risk in the following areas:
Negative Cash Flow:
Using a good finance broker will help you minimise credit risk and are independent of any lender & work for you, the client.
Mark O’Donoghue, CEO & Founder of Finlease.
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