Learn how to market your business online with BusinessRiskTV.com
Use your quality images to show buyers and key decision-makers why they should buy from you. Create powerful videos to attract new interest in your products or services. Describe your products or services better to boost your positioning in search engine results and improve your brand presence online.
Grow Your Business with BusinessRiskTV
Help to grow your business faster
Reach new customers.
Advertise your business online
Fast & easy lead generation
Reach leads looking for your products or services
Promote your business more affordably and sustainably to make your marketing budget more cost effective for longer.
Grow Your Online Presence To Reach More New Customers
Business Coaching Services
Learn how to promote your business better with BusinessRiskTV. Discover the best ways to promote your business.
To get new customers you need to promote your business.
Online directory lists
Use the most popular ways to promote your business but more affordably
Use innovative ways to market your business more cost effectively
Give us the content you want to use to inform your potential new customers or ask us to create the content for you to attract new customers. Provide the information your audience wants to enable new customers to assess your business offering worth.
Promote your online store
Rethinking and Re-purposing Your Business During Uncertainty
We will create your online store to enable you to sell more online. In addition we will promote your online store with our social media and search engine optimisation SEO.
Create partnerships with other brands and business leaders to build a better online presence for your business. Collaborate to cross-promote for mutual benefit.
Work with a business leader with similar target audience but a complimentary product or service.
List your business with us to grow your business online presence
How to create a professional online presence with BusinessRiskTV
Connect with key business leaders and business management experts to find the secrets to solving your business problems. Find out how to help your business survive current and future business risks. Be more confident about your ability to survive any risk event.
How do you ensure business survival
Improve your business risk management plan with help from BusinessRiskTV risk management experts.
Protect your business assets better. Use your available business resources more efficiently to make your money go further.
Top Business Survival Tips
What are secrets in business?
Develop your business risk management knowledge and skills to more easily achieve your business objectives with BusinessRiskTV.
Prevent your business succumbing to known and unknown business threats.
Review your business costs to develop more business resilience.
Develop contingency plan to continue regardless of risk events.
Standing still May threaten your business survival. You therefore need to identify cost effective ways to grow your business faster.
Survival Strategies In Marketing
Reach out to new customers online today tomorrow and more sustainably with more affordable business marketing and advertising strategies.
Subscribe to BusinessRiskTV for free to receive alerts on latest business risk analysis and ways to manage risks better
Inform your options in business decision-making. Explore your perception of real risks to your business. Concentrate your resources on best business opportunities.
Identify the sources of threats to your business objectives
Use tools and processes to assess the risks to your business
Manage strategic operational and project risks better
Define what the significant risks to your business objectives are. Risk management can help you take sound business decisions to build your business resilience to grow your business faster with less uncertainty. Manage the risks that could present a barrier to your business survival or continued business growth. Evaluate the adequacy of your business risk management plan and risk management process.
Taking Risks To Achieve More In Business With BusinessRiskTV
Minimise the key threats better and seize best business opportunities more easily with greater returns.
Celebrate Your Online Business Growth With Pro Risk Manager
Strategic Decision Making For Business
How to make better strategic decisions for your business if you are business leader
Maximise Your Business Success: Proven Strategies for Better Strategic Decision-Making for Business Leader
Making better strategic decisions for your business can be challenging, but it is essential for its success. Business leaders play a crucial role in creating and executing strategies that drive growth, competitiveness, and profitability. Here are a few tips to help you make better strategic decisions for your business:
Start with a clear vision: Having a clear vision of where your business is headed is critical. It helps you set your priorities and make decisions that align with your goals. Make sure your vision is realistic, achievable, and inspiring.
Gather data and insights: Gather data on your market, customers, competitors, and your own performance to inform your decision-making. Use tools like market research, customer surveys, and data analytics to get insights into the trends and patterns affecting your business.
Consider multiple options: Don’t limit yourself to a single strategy. Instead, consider multiple options and weigh their pros and cons. Encourage your team to bring new ideas to the table and consider them seriously.
Seek feedback from key stakeholders: Before finalizing a decision, seek feedback from key stakeholders, including employees, customers, partners, and suppliers. Their input can help you make informed decisions that take into account the perspectives of those who are affected by them.
Create contingency plans: Anticipate potential risks and prepare contingency plans to minimize their impact. This helps you mitigate risks and be prepared for any eventualities that may arise.
Stay flexible: The business environment is constantly changing, so be prepared to adjust your strategy if necessary. Stay open-minded, monitor the situation closely, and be ready to pivot when circumstances require it.
Communicate effectively: Effective communication is critical to the success of any strategy. Ensure that everyone understands the strategy and their role in executing it. Regularly communicate progress, changes, and updates to keep everyone informed and engaged.
In conclusion, making better strategic decisions for your business requires a combination of vision, data, collaboration, contingency planning, flexibility, and effective communication. As a business leader, it’s up to you to set the tone and lead by example in making informed, strategic decisions that drive your business forward.
Maximise Your Business Success: Proven Strategies for Better Strategic Decision-Making for Business Leader
A flexible small business coaching package is affordable and delivered online
Business coaches for entrepreneurs. Use our eBusiness Mentor Service. Online small business coaching packages are tailored to your business priorities. Start or grow your small business with help from small business coach. ebusiness coaching mentoring provides practical tools and techniques to grow your business faster. A one to one business mentor will work with you to help you achieve greater success quicker. Get more out of your investment of time and money in your business. Every small business coaching package is arranged in blocks. You can buy more support if it works for your business.
Discover the best small business coaching package for your business.
Guide On Saving A Struggling Small Business With BusinessRiskTV
Struggling Small Business Guide
A Guide to Saving a Struggling Small Business in the UK
Small businesses play a crucial role in the UK economy, contributing to job creation, innovation, and local communities. However, even the most resilient businesses can face challenging times. Economic downturns, unforeseen circumstances, or poor management can lead to a struggling business. If you find yourself in this situation, it’s essential to take proactive steps to turn the tide and revitalise your small business. In this guide, we will explore strategies to save a struggling small business in the UK and set it on a path towards success.
Assess the Current Situation: To save a struggling small business, the first step is to conduct a thorough assessment of its current situation. Start by analysing your financial records, including cash flow statements, profit and loss statements, and balance sheets. Identify areas where costs can be reduced or revenue can be increased. Look for patterns or trends that indicate underlying issues. Additionally, assess your business’s market position, competition, and customer feedback to gain insights into areas that require improvement.
Develop a Turnaround Plan: Once you have a clear understanding of your small business’s challenges, it’s time to develop a comprehensive turnaround plan. This plan should outline specific objectives, strategies, and tactics to address the identified issues. Consider the following key elements:
a) Financial Restructuring: Explore options for debt consolidation, renegotiating contracts, or seeking additional financing. Develop a realistic budget and cash flow forecast to ensure financial stability.
b) Operational Efficiency: Streamline operations by identifying inefficiencies, eliminating redundant processes, and optimising resource allocation. Look for ways to reduce overhead costs without compromising quality.
c) Marketing and Sales: Evaluate your marketing and sales strategies. Identify target markets, refine your value proposition, and leverage cost-effective marketing channels. Enhance customer engagement and explore new avenues for revenue generation.
d) Customer Experience: Focus on improving customer satisfaction by delivering exceptional products or services. Encourage feedback, implement suggestions, and address any issues promptly. Cultivate customer loyalty and retention through personalised experiences.
Seek Professional Advice: In challenging times, seeking professional advice can provide valuable insights and guidance. Consider engaging the services of a business consultant, accountant, or financial advisor experienced in turnaround strategies. They can help you analyse your business, identify blind spots, and offer tailored solutions. Additionally, they may provide recommendations on accessing government support schemes or grants designed to assist struggling businesses.
Embrace Innovation and Adaptation: In a rapidly changing business landscape, embracing innovation and adaptability is crucial. Identify opportunities to diversify your offerings or enter new markets. Stay up to date with industry trends and technological advancements that can enhance your competitive edge. Explore digital transformation initiatives, such as e-commerce integration, online marketing, or process automation. By continuously evolving, you can keep your business relevant and resilient.
Engage and Motivate Employees: Your employees are vital assets in turning around a struggling small business. Engage them in the turnaround process by fostering open communication, transparency, and a shared sense of purpose. Encourage their creativity and input, as they may offer valuable suggestions for improvement. Recognise and reward their efforts to boost morale and motivation during challenging times. Provide training and development opportunities to enhance their skills and adapt to changing business needs.
Monitor Progress and Adjust: Implement key performance indicators (KPIs) to monitor the progress of your turnaround plan. Regularly review financial and operational metrics to gauge the effectiveness of your strategies. Stay agile and be prepared to adjust your plan based on emerging trends or unforeseen circumstances. Learn from both successes and failures, and continuously refine your approach to ensure sustainable growth.
Saving a struggling small business in the UK requires a proactive and strategic approach. By assessing the current situation, developing a comprehensive turnaround plan, seeking professional advice, embracing innovation, engaging employees, and monitoring progress, you can increase the chances of revitalizing your business and setting it on a path towards success.
Remember that turning around a struggling business takes time, effort, and resilience. It requires a willingness to adapt to changing market conditions, make tough decisions, and implement necessary changes. Be open to feedback, stay focused on your objectives, and remain flexible in your approach.
Furthermore, don’t hesitate to leverage available resources and support networks. The UK government provides various initiatives, grants, and support schemes for struggling businesses. Stay informed about these opportunities and explore how they can assist you in your turnaround efforts.
Lastly, remember that you are not alone. Seek support from fellow entrepreneurs, industry associations, or business networks. Sharing experiences and learning from others who have successfully navigated similar challenges can provide valuable insights and inspiration.
While saving a struggling small business is undoubtedly challenging, it is not impossible. With determination, strategic planning, and a willingness to adapt, you can overcome obstacles and breathe new life into your business. By implementing the strategies outlined in this guide and seeking the necessary support, you can set your small business on a path towards long-term viability and success.
Remember, every setback is an opportunity for growth and improvement. Stay committed, stay focused, and never lose sight of your vision for your small business.
Make Most Of Your Business Opportunities With Executive Coaching Services From BusinessRiskTV
Creative branding ideas to help your business grow faster with BusinessRiskTV.com
Creative branding ideas
Small business branding ideas. BusinessRiskTV Branding ideas for small business will help you grow faster. Want to increase online sales profitably with clever business branding ideas? Connect with business leaders who can influence the attraction of your products or services. Give your business the best chance of beating the competition to new sales with creative branding ideas.
Many people are thinking about buying your type of products or services. Often the reason they do not buy from you is that buyers do not know that you are offering the type of products or services they want to buy.
Discover innovative ways to reach out to new customers with BusinessRiskTV advertising and marketing ideas to grow your business faster.
Reach out to and engage with potential new customers to at least give your business the chance to sell more
Grabbing the attention of people in buying mode gives you the best chance of making a sale today. Holding their attention for 30 seconds is a long time. Our clever branding ideas pricks new customers attention enough for your to pitch your products and services in the way you want.
Promote and market your business on BusinessRiskTV for 12 months
Put your products and services in front of new customers already in buying mode before your competitors do.
Find out how to promote your business locally and globally. CLICK HERE to find out more or email editor@businessrisktv.com entering code #CleverBranding
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Read branding and business development articles trending on BusinessRiskTV
How do you build a business brand and 10 10 tips to start today
Building a strong business brand is a crucial step towards establishing your company’s reputation and attracting customers. Here are 10 tips to help you get started:
Define your brand: Define what your brand stands for, what it offers, and what makes it unique. Identify your target audience and understand their needs and preferences.
Develop a brand strategy: Develop a comprehensive brand strategy that outlines your goals, values, and messaging. Consider how you want to communicate your brand to your target audience, and develop a plan to achieve your objectives.
Create a strong visual identity: Your brand’s visual identity includes your logo, colors, fonts, and other design elements that represent your brand. Ensure that your visual identity is consistent across all channels, including your website, social media, and other marketing materials.
Establish your brand voice: Develop a tone of voice that reflects your brand’s personality, values, and messaging. Use this voice consistently in all your communication channels to establish a strong brand identity.
Build a website: Your website is your brand’s digital home, and it should reflect your brand’s identity and values. Make sure that your website is user-friendly, mobile responsive, and optimized for search engines.
Leverage social media: Social media is an excellent tool for building brand awareness and engaging with your audience. Choose the platforms that are most relevant to your target audience, and create content that aligns with your brand’s messaging and values.
Create valuable content: Develop content that provides value to your target audience, such as blog posts, videos, or infographics. This content should align with your brand’s messaging and provide insights or solutions to your audience’s pain points.
Establish brand partnerships: Partner with other brands or organizations that share your values and can help you reach a wider audience. Collaborate on content, events, or promotions that align with your brand’s messaging.
Monitor your brand’s reputation: Monitor your brand’s online reputation to ensure that your messaging is resonating with your audience. Respond to feedback and address negative comments promptly and professionally.
Measure your brand’s success: Track your brand’s performance using metrics such as website traffic, social media engagement, and customer feedback. Use this data to refine your branding strategy and messaging.
Building a strong brand takes time and effort, but it’s an essential step towards establishing your company’s reputation and attracting customers. By following these tips, you can start building a brand that resonates with your target audience and sets your business apart from the competition.
Increasing business leader collaboration for faster sustainable business growth with less uncertainty with BusinessRiskTV.com
The world can be better place with better business collaboration with BusinessRiskTV
Change your business risk management for better business and better business world. Increase business collaboration for mutual sustainable business growth. Connect with local and global business leaders to develop your business.
Click on Like Button to subscribe for free risk alerts news reviews and deals via your preferred App; or email editor@businessrisktv.com to subscribe for free risk management newsletter.
Develop your risk knowledge to understand the threats and opportunities facing your business. Create new business intelligence to inform better decision making. Tap into our risk management resources to better protect and grow your business and all your stakeholders in the business. Read articles and watch webinars on better business risk management.
Create a more successful team including key inhouse personnel and external business experts
Business Risks Management 2023
A more holistic approach to business decision making will make more efficient use of your existing resources. Engage your own workforce on a better journey for your business with support from people outside your organisation.
Teamwork in business can include all resources available to you not just the assets you currently have in your business.
BusinessRiskTV
Our business risk management hub opens up a new world of business collaboration opportunities. Keep up to date with current risk management news opinions experiences and product reviews. Work together with business leaders who have solved your business problems already. Develop new business opportunities with people local to you or in other marketplaces to diversify your business development.
Network with your peers and risk management professionals to find answers to your risk management questions quicker. Find out more about online virtual workshops webinars and online discussions to increase your knowledge and develop greater business management intelligence.
Subscribe to BusinessRiskTV for free today for free alerts bulletins and reviews to your email inbox
By alerted to upcoming online events you can choose to join when the subject and time is right for you.
CLICK HERE or email editor@businessrisktv.com to subscribe to BusinessRiskTV for free
Read business risk management articles and watch videostream trending on BusinessRiskTV
Freshen up online marketing with deals discounts and special offers on BusinessRiskTV.com
How can you increase profits with deals discounts and special offers
How to promote special offers. Are you offering new customers an incentive such as a discount or gift to attract them to your business and sell more? Do you want to stop your competitors selling to your existing or desired new customers by offering competing deal?
Find out how to partner with us to use offers coupons discounts and deals to drive new sales and develop your business faster. Get your business in front of new customers when they were not looking for you!
Discover new ideas for marketing your business online. Promote your new offers deals and discounts.
BusinessRiskTV
Access help to attract new shoppers and buyers. Discover how to attract more customers with discounts deals and special offer with help from BusinessRiskTV. Boost your sales more profitably.
Enter code #HowToPromote
How to grow your business successfully with BusinessRiskTV
Better Business Performance With BusinessRiskTV
How do you promote discounts or offer incentives? If you are running a marketing campaign with deals discounts and special offers then surely you want as many people as possible to see it! We can help you get your deals and your business seen more often online.
Build your online brand with BusinessRiskTV help
Subscribe to BusinessRiskTV to learn how to boost the effectiveness of your deals offers and discount marketing campaign.
Subscribe to BusinessRiskTV.com for free
Read articles and watch videostream on attracting new customers trending on BusinessRiskTV
Reach influencers key decision makers and the business leaders who will buy from your business
Promote and market your business on BusinessRiskTV for 12 months
Put your products and services in front of new customers already interested in your type of business offering before your competitors do.
Find out how to promote your business locally and globally. CLICK HERE to find out more.
Link into your existing sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your online sales cash flow and profit
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
More innovative ideas to grow your business faster with less uncertainty
Harness more knowledge to improve your life and business with BusinessRiskTV.com
Our knowledge marketplace is for both buyers and sellers. If you are an expert who can help solve life and business problems. Sell in our knowledge market. Sell your personal knowledge. Sell better business answers to buyers who need quick ways to overcome barriers to business success. We are building networks of business leaders entrepreneurs and life coaches who create a knowledge hub for you to find the answer to your questions quickly.
Identify what our experts know and what you need to know to overcome problems quicker. Connect with lifestyle and business experts live online. In many cases access free initial consultation to find out if our experts can help you.
Knowledge is key to improving your personal and business decisions. Sell and distribute your business or lifestyle improvement knowledge to people who are stuck and in a hurry to overcome problems.
The Knowledge Marketplace
Global Risk Report Discussion Analysis and Review On BusinessRiskTV
Visiters to BusinessRiskTV can ask questions to get better answers quicker
We have a range of forums to get the answers you need to improve your life or business quicker. Some are free others attract a fee. You have to be a member of BusinessRiskTV to ask a question. Membership is free.
Join today for free. CLICK HERE and enter code #KnowledgeMarketplace or email editor@businessrisktv.com
Making a market in knowledge in our online knowledge market
Working with our Knowledge Partners we make it easier to make better decisions in life and in business. Our Knowledge Partners include entrepreneurs business owners executives risk professionals and life coaches who are seeking to connect with more potential clients.
If you have lifestyle improvement or business expertise to help others overcome problems become a Knowledge Partner. You will be a business expert or lifestyle enhancer.
How to promote your business online with BusinessRiskTV.com
Discover cheap ways to promote your business. Market your business online with BusinessRiskTV. Take your business to the next level. Explore our marketing tools and resources. Create a cost effective marketing and advertising strategy for your business.
Marketing For Small Business UK To Grow Into Large Business
Ways To Advertise
Achieve your marketing goals.
Build brand awareness
Engage people who are already interested in you type of business
Drive new business growth with new online sales or generate more leads.lead gen network. Reach decision makers. 2x higher engagement.
Reach key business makers and sell more to them. Connect with more consumers online.
Contribute your opinions in blog posts which impress our readers and drive new enquiries to your business. Your amazing content or copy will help us both grow faster.
Use your videos or ask us to create a marketing video for you to showcase your products or services.
Our popular social media tools can connect you with many key decision makers interested in the solution your business provides to its customers.
Our highly visible online presence regularly gets to the top of search engines and your business can be right there too.
Write advertising advertorials that provide a solution to a business or personal problem and attract new customers.
Send your Press Releases to us to spread the word about your business.
Join our various online communities to network with like minded people and share your business knowledge and business intelligence.
Send us images diagrams and documents to attract greater interest in your business offerings.
Grow your own email marketing list to keep in touch with people who have contacted you via us.
Contribute an article to our various magazines that align with your business products or services.
Attend our online networking events to connect with people who can help your business grow faster with less uncertainty.
Sponsor our various online virtual marketplaces exhibitions and magazines to build your brand awareness with people who are interested in what you have to offer.
List your business in one of our online business directories.
Post a classified ad on BusinessRiskTV.
Become one of our business experts and influencer to help solve business and personal problems quicker.
We even have ways to promote your business online for free. There are other ways can market your business on a small budget. Focus your marketing budget for more profitable return on marketing expenditure.
Market your business online with a cost effective marketing campaign that is profitable to your business. Scale up what works for your business. Grow your reputation online.
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of new customers already interested in your type of business offering before your competitors do.
Find out how to promote your business locally and globally. CLICK HERE or email editor@businessrisktv.com for more information entering code #MarketingOnline.
Link into your existing sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit
Increase the sources of your revenue streams more sustainable. Grow your business faster with BusinessRiskTV.
How to overcome loss aversion with BusinessRiskTV.com
How do we make the best use of available business assets and resources to maximise return of investment of time and money
Fear of loss often beats the desire to gain more. Fearing losing everything you have built is natural human reaction. However is your fear getting in the way of seizing new business opportunities? Keep innovating and growing with less uncertainty with BusinessRiskTV.
Develop a holistic risk management culture to drive your business forward. Up your risk appetite to achieve more with more controlled balanced risk taking.
The biggest factor in business leader decision making is fear of loss. People worry about loss more than securing gains.
BusinessRiskTV
Develop a more assured risk management framework and risk assessment process to match your risk culture. Make sure your risk taking remains within your risk tolerance.
Do you have loss aversion bias in decision making?
Business leaders who are loss averse feel the pain of loss much greater that any joy from any gains from decisions made. They make strategic business decisions accordingly. The risk culture of the business models the loss aversion bias of the business leader.
If this works well for your business you should continue with status quo. However if you would like to experience faster business growth you may need to take more calculated risks.
Loss aversion refers to the tendency to prefer avoiding losses to acquiring equivalent gains. It is better for you to not lose 10000 pounds than to make 10000 pounds in business.
BusinessRiskTV
However most entrepreneurs and many business leaders are in their position to better themselves. If you mitigate the potential losses from taking more risks and manage the risks to maximise the return on your investment you should end up with faster growth with less uncertainty.
It is more common in people who are not entrepreneurs or business leaders to be biased against taking risks. Loss aversion is a reflection of a general bias in human psychology. People tend to want to stick with what they know than make changes that might not work well. People in general are resistant to change. When presented with the potential benefits of change they focus more on what might be lost rather than on what can be gained.
What is your business risk tolerance? If you can make changes to try to grow faster that if do not work fall within your risk tolerance would you take more risk?
If you adopted small changes rather than one big radical all eggs in one basket change would you feel more comfortable? Spreading your faster business growth changes across a few new ideas may be better for your business. When you know which one of the new changes works best perhaps then you can focus on one new idea.
Do not confuse more risk taking in business with gambling. Taking calculated risks to grow faster is about assessing and then managing the risks before you action more risk taking. You can mitigate the threats from more risk as well as maximise the returns from taking more risks.
Few things in business life are guaranteed other than taxes! Even maintaining the status quo comes with the threat of business failure. Kodack photography business was once one of the most successful businesses in the world. How many Kodack films do you buy for your camera now!
The desire to avoid business losses is motivated by fear. The more a business leader fears losses the more likely he or she is to be loss averse and the more likely they are to be disinclined to make changes to their business to be more successful. Having a better understanding of the risks that could be taken to achieve more will make loss averse business leaders more comfortable with changing the the business.
Often the perception of risks and reward are skewed to the belief that you are doomed to fail which means you do not make changes to the business. By the same token it is important that all stakeholders in the business are involved in assessing risks from changes to business. Business leaders who do like taking risks can miss the pitfalls to mitigate against whilst making changes that can cause the change project fail even if it was a great idea.
With a little input and engagement from all levels of the organisation your project to grow faster is more likely to be a success. Take risks that are worth taking which are achievable with everyone onboard.
BusinessRiskTV
Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your email inbox on enterprise risk management and project risk management
Subscribe to BusinessRiskTV.com for free
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of new customers already interested in your type of business offering before your competitors do.
Find out how to promote your business locally and globally. CLICK HERE to find out more entering code #Marketing.
Link into your existing sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit. Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Learn how to attract more customers to your business with BusinessRiskTV.com
How to get new customers for my business. Showcase the best of your business online. Highlight why customers should buy from you instead of your competitors. Develop new sales channels with BusinessRiskTV.
Can you offer quality products or services for better value for money?
Are you hunting for new customers? Are you already offering discounts and incentives to attract new customers? Presumably you want as many people as possible to know? Spread the word with more cost effective marketing and advertising.
Partner with BusinessRiskTV to get your business noticed more by people interested in what you have to offer. Use quality marketing tools and techniques.
Take advantage of our online trade shows and virtual exhibitions to boost online sales.
Tap into our business intelligence to focus your advertising budget more profitably. Reach ready to buy customers. Create new leads or sell more online with our eCommerce solutions.
Contribute to our online magazines and blogs for your country or industry.
Use your expertise to connect with people who need answers to business problems.
Develop free business marketing opportunities with our social media accounts.
Issue Press Releases via the right marketing vehicle for your business.
Pick up marketing tips and boost your business.
Target new customers interested in your type of business. Drive customers to your business. Learn how to grow your business faster. Increase your customer reach.
Grow Your Business Faster With Less Uncertainty With BusinessRiskTV.com
Promote your business online
Put your products or services in front of new customers in places they already view online with BusinessRiskTV.
Find out how to promote your business locally and globally.CLICK HERE to find out more.
Link into your existing sales process directly from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit.
Increase the sources of your revenue streams more sustainably. Grow your business faster.
Read business development articles and watch videostream trending on BusinessRiskTV
How can business leaders protect and grow their business regardless of business environment
Do not panic! Think about and implement new strategies to reduce negative risks to your business. Be better prepared for downside risks. Discover fresh ideas to tackle risk management challenges.
Risk events can destroy a business strategy. Best laid plans … Managing business risks is crucial to maximise business performance. How do you identify and mitigate strategic operational and project risks?
How To Manage Risk In Business
Take The Leap Into Your Future Business Success With More Confidence
Analyse the risk so you can decide on its importance in relation to your business objectives.
Prioritise your available business resources to tackle the key business risks for the best return on your risk management time and money.
Assign responsibility for each key risk to your senior management team members. If no one is going to be held account for failure to manage key risks then there will be insufficient consideration of the risk.
Monitor and review your key business risks and effectiveness of associated risk management measures. If the net risk rises then you may need to make changes to you risk management plan. If the net risk reduces you may assign less management time to controlling it but still allocate responsibility for controlling the risk to a key senior management team member.
Risk Identification
Identify potential problems that could cause your business trouble. The business risk can be an event or it can be a condition like changing business environment.
Identify and assess your enterprise risks better
Risk Mitigation
International Trade Hub
Design a risk mitigation plan eliminate or minimise the impact of the risk on your business objectives. After evaluating the risk pick a risk mitigation strategy that avoids reduces or transfers the risk. Alternatively accept the risk as part and parcel of achieving business objectives.
Select and commit business resources required for specific risk mitigation strategies.
BusinessRiskTV
Seek out guidance on how to identify the risks your business may face. Understand how to respond to risk events. Put new risk management systems in place to deal with the risks cost effectively.
Learn how to develop a risk management plan to protect your business. Find ways to minimise business risks with a new risk management strategy and approach for managing.
Reduce not only the likelihood of an event occurring but also the potential impact. Make sure you also consider the opportunities to grow your business when determining how best to manage risks.
Subscribe to BusinessRiskTV for free risk management alerts bulletins and reviews to your email inbox
Work with BusinessRiskTV to identify alternative risk mitigation strategies methods tools and techniques for each key risk. Get risk management advice on how to control and minimise negative effects of key risks from network of risk management experts.
Anticipate problems before they happen to your business with BusinessRiskTV.com
Ability to anticipate and solve business problems quicker
Learn how to solve business problems effectively. The best business leaders can avoid business problems before they become a problem for their business. Engage all your employees to help you solve business problems. Change how you think about business problems.
Find out more about business problem solving techniques with BusinessRiskTV. Experience business problem solving tools.
Identify the risks impacting on your business
Understand how all your business stakeholders will be affected by the risks
Identify the solutions to manage your business risks better
Evaluate which business solutions are best for your business
Investigate the upside and downside risks of business problems for your business
Monitor and review your risk management plan and risk management strategy effectiveness
If the business problem is a big daunting issue for your business break it down into smaller component parts and assess the parts independently so the big problem becomes more manageable. Avoid business problems altogether if possible.
Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your email inbox on solving business problems quicker
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of people ready to buy before your competitors do. Link into your existing sales process direct from BusinessRiskTV. Increase your revenue streams more profitably and sustainably. Grow your business faster.
Discover How To Beat The Competition In Sales
Read business problem solving articles and watch videostream trending on BusinessRiskTV
Global entrepreneurship forum news opinions and reviews on BusinessRiskTV.com
Do you want to or have you founded a business? Want help to build and develop your business? Reduce uncertainty impacting on your success as an entrepreneur. Need an eBusiness mentor to help your business grow faster online?
The next decade is going to be the best decade for entrepreneurs if a couple of pieces of the jigsaw fall into place
BusinessRiskTV
There has been no lack of imagination or invention from people around the world. There has been a lack of entrepreneurship. The big boys have sucked up too much of the investment. People have played it very safe since the financial crisis in 2008. However we feel that the entrepreneurial environment is about to explode in a positive way.
If trade wars around the world particularly between USA China can be resolved then everyone will benefit. It will unblock pent up investment.
Money is actually sloshing about but in safe havens awaiting the right environment to be unleashed. In addition it is historically incredibly cheap to borrow lots more money.
Why is money not being used more productively? Fear! People were burned during the 2008 financial crisis that we are just hauling ourselves out of. If governments around the world invest on infrastructure the future is bright. If trade wars are resolved the future will be even brighter!
The people who act first tend to be the people who reap the rewards of taking risks. If you have a good business idea now is the time to act before someone else does.
Supporting entrepreneurs through good and bad times
eCommerce Support For Entrepreneurs
Develop an online store with BusinessRiskTV. Increase the income streams for your existing business. The more you sell for less the more profit you make.
We work with you to digitally enhance your online income more profitably. This helps your business grow faster and builds business resilience so you are less likely to fail.
Create a valuable business quicker
Expand your brand wider online
Establish your business in your marketplace online
We are creating an entrepreneurial online environment to help entrepreneurs with decision making. Engage in our entrepreneurs forum conference and workshops to:
connect with other business leaders develop your risk knowledge
develop business management skills and
promote and market your business more cost effectively
Listen in and contribute to entrepreneurs workshops and webinars. Sit in at online roundtable discussions. Ask for answers to your business problems. Our risk management experts and your peers may well have already solved your business problem so it is easier for you to do the same quicker and cheaper.
Find a business mentor or business coach to help protect and grow your business faster with less uncertainty
BusinessRiskTV
Tap into the right entrepreneurship forum for your business. Regardless of your country or industry you can find an entrepreneurs forum to help you build a stronger more resilient more successful business.
Subscribe to BusinessRiskTV for free alerts and bulletins on entrepreneurship online events and workshops
Discover the best enterprise risk management tools and techniques to grow your business faster with less uncertainty with BusinessRiskTV.com
How can business leaders make better decisions?
Follow us for analysis of business risk management problems and solutions. Read global risk management solutions reviews and watch video streaming for free live and ondemand. Pick up corporate risk management tips news and reports. Join online enterprise risk management training workshops online roundtable discussions and webinars.
Global risk management solutions reviews on BusinessRiskTV. Our risk management partners showcase their best business risk management solutions. Find the best enterprise risk management solution for your enterprise. Scan the horizon for potential problems and solutions for your business.
Discover latest governance risk and compliance enterprise risk solutions on BusinessRiskTV reviews.
Transform your business for less.
Compare the best risk management services in our online risk management marketplace
Read more about GRC solutions on BusinessRiskTV. Use the latest risk management tools and techniques to manage the risk to your strategic operational and project goals.
Avoid retain spread prevent reduce and transfer risk with more confidence. Manage and sustain your business more easily. Boost your business performance.
BusinessRiskTV
Our network of risk management experts share how to best to manage country and industry risks using their preferred risk management solution. Find out how to minimise threats and maximise opportunities for growth.
Business Risk Management Solutions To Grow Your Business With Less Uncertainty With BusinessRiskTV. CLICK HERE or email editor@businessrisktv.com to find out more.
Build an effective enterprise risk management programme that embeds current best enterprise risk management principles and practices. Upgrade your risk assessment process to fit your business culture and current business marketplace.
Tackle the whole enterprise risks. Pick out specific risks you want to manage better. Flexible enterprise risk management solutions providers. Innovative risk management products and services. Identify manage and evaluate organisational risks better.
Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your inbox
Get the latest business and economy news opinions and analysis from BusinessRiskTV.com
Global Risk Management Solutions on BusinessRiskTV.com
Businesses operate in a constantly changing world, where the risks faced can be unpredictable, complex, and varied. The potential impact of risks can range from reputational damage to financial loss, and in some cases, threaten the very existence of the business. To ensure sustainable growth and profitability, businesses need to have robust risk management strategies in place that are aligned with their overall objectives and risk appetite. This is where global risk management solutions come into play, providing businesses with the tools, insights, and expertise to manage risks effectively and proactively.
BusinessRiskTV.com is an online platform that provides a range of risk management solutions and services to businesses worldwide. With a network of risk management experts and thought leaders, BusinessRiskTV.com offers a range of resources, including articles, videos, webinars, and tools, to help businesses understand, manage, and mitigate risks effectively. This article will explore some of the key global risk management solutions available on BusinessRiskTV.com and how they can help businesses navigate the complex and ever-changing risk landscape.
Enterprise Risk Management
Enterprise risk management (ERM) is a holistic approach to risk management that involves identifying, assessing, and managing risks across the entire organisation. ERM aims to create a risk-aware culture within the organisation, where risks are considered in all decision-making processes and integrated into the overall strategic planning process. BusinessRiskTV.com offers a range of resources on ERM, including articles, videos, and webinars, that can help businesses develop and implement an effective ERM strategy.
One of the key benefits of ERM is that it provides a comprehensive view of the risks faced by the organisation, allowing businesses to prioritise and allocate resources effectively. By identifying and assessing risks across all areas of the business, including operations, finance, and reputation, businesses can develop a more holistic understanding of their risk profile and take a more proactive approach to risk management.
Business Continuity Management
Business continuity management (BCM) is the process of identifying and managing risks that could disrupt normal business operations. BCM aims to ensure that businesses can continue to operate in the event of a disruption, whether caused by a natural disaster, cyber-attack, or other unexpected event. BusinessRiskTV.com offers a range of resources on BCM, including articles, videos, and webinars, that can help businesses develop and implement an effective BCM strategy.
One of the key benefits of BCM is that it can help businesses minimise the impact of a disruption on their operations and reputation. By developing a comprehensive business continuity plan, businesses can identify the critical functions and processes that must be maintained in the event of a disruption, as well as the steps needed to recover and resume normal operations. This can help businesses minimise the financial and reputational impact of a disruption, and ensure that they can continue to meet the needs of their customers and stakeholders.
Cyber Risk Management
Cyber risk management is the process of identifying, assessing, and managing risks related to information security and technology. With the increasing reliance on technology in business operations, cyber risks have become a major concern for businesses worldwide. Cyber risks can include data breaches, ransomware attacks, and other forms of cybercrime that can result in financial loss, reputational damage, and legal liabilities. BusinessRiskTV.com offers a range of resources on cyber risk management, including articles, videos, and webinars, that can help businesses develop and implement an effective cyber risk management strategy.
One of the key benefits of cyber risk management is that it can help businesses protect their sensitive information and systems from cyber threats. By identifying and assessing cyber risks, businesses can implement appropriate security measures, such as firewalls, antivirus software, and employee training programs, to mitigate the risks. This can help businesses reduce the likelihood and impact of a cyber-attack, and ensure that their operations and reputation are protected.
Compliance and Regulatory Risk Management
Compliance and regulatory risk management involves identifying and managing risks related to compliance with laws, regulations, and industry standards. Compliance risks can arise from a variety of sources, including changes in legislation, non-compliance with industry standards, and breaches of contractual obligations. BusinessRiskTV.com offers a range of resources on compliance and regulatory risk management, including articles, videos, and webinars, that can help businesses develop and implement an effective compliance and regulatory risk management strategy.
One of the key benefits of compliance and regulatory risk management is that it can help businesses avoid legal liabilities and reputational damage. By ensuring that they comply with relevant laws, regulations, and industry standards, businesses can demonstrate their commitment to ethical and responsible business practices. This can help businesses build trust with their customers and stakeholders, and enhance their reputation in the market.
Supply Chain Risk Management
Supply chain risk management involves identifying and managing risks related to the supply chain, including risks related to suppliers, logistics, and transportation. Supply chain risks can include disruptions caused by natural disasters, political instability, and changes in regulations. BusinessRiskTV.com offers a range of resources on supply chain risk management, including articles, videos, and webinars, that can help businesses develop and implement an effective supply chain risk management strategy.
One of the key benefits of supply chain risk management is that it can help businesses minimise the impact of supply chain disruptions on their operations and reputation. By identifying and assessing supply chain risks, businesses can implement appropriate risk mitigation strategies, such as diversifying their supplier base, implementing contingency plans, and enhancing supply chain visibility. This can help businesses reduce the likelihood and impact of supply chain disruptions, and ensure that they can continue to meet the needs of their customers and stakeholders.
In today’s complex and dynamic business environment, managing risks effectively is essential for sustainable growth and profitability. BusinessRiskTV.com offers a range of global risk management solutions that can help businesses identify, assess, and manage risks across all areas of their operations. From enterprise risk management to supply chain risk management, BusinessRiskTV.com provides businesses with the tools, insights, and expertise they need to navigate the complex and ever-changing risk landscape.
By leveraging the resources available on BusinessRiskTV.com, businesses can develop and implement effective risk management strategies that are aligned with their overall objectives and risk appetite. This can help businesses protect their operations and reputation, avoid legal liabilities, and enhance their competitiveness in the market. In short, global risk management solutions available on BusinessRiskTV.com can help businesses navigate the complex and ever-changing risk landscape and achieve sustainable growth and profitability.
Create your own digital video strategy to promote and market your business more profitably with BusinessRiskTV.com
Grow your brand audience and business online. Use your own marketing videos to attract more customers. Ask us to create your videos or send us your videos.
Build BusinessRiskTV into your video strategic plans to develop your business faster
BusinessRiskTV
Make your video marketing budget go further.
Make your video marketing more cost effective.
Videos tend to boost business conversation rates. More people click on video than words or even images. People may even share your video to create even more potential new customers.
Videos can tell a better story about your brand and what your business offers.
Sell your brand easier and cheaper
Better Business Performance With BusinessRiskTV
Integrate engaging videos into your marketing campaigns
Promote and market your brand. Get your videos in front of more potential new customers.
Video marketing is highly effective at engaging new people in your business
Create and distribute valuable relevant and consistent business information to attract and retain a clearly defined audience for your country or industry. Drive profitable customer action and business growth.
You will find related risk management articles and videos to develop your risk knowledge and business intelligence to improve your business decision making process
Create a video and we will help you get your message across to more people in your target market
Whether you own or manage a business or just have something to say get in touch with us so we can put you in touch with others.
Read citizen journalist articles and watch citizen journalist videos online
Video journalism does not have to be the preserve of the privately educated elite on mainstream media.
We can help you drive what you are passionate about belief in or are concerned about. Create your own video and send it to us. If we like it we will promote it.
Unlock faster business growth with BusinessRiskTV.com
Taking more risks to achieve more success comes down to risk knowledge and business intelligence. A lack of risk knowledge leads to increased fear. This can result in missed opportunities to grow faster.
What are the potential costs of taking more risks?
What are the potential benefits of taking more risks?
How will taking more risks benefit your business?
What are the alternatives?
How much better would your business perform if the best case scenario came true?
What are the worst outcomes that could happen if you took extra risks and how could you reduce the risk?
How bad would it be if the worst case scenario risk event materialised?
What would your business look like in 5 years if your risk decisions were taken?
Assessing the risks incorporating both upside and downside risks will enable you to make more balanced business decisions to improve performance.
Risk Appetite and Risk Tolerance
Negativity bias means in part we focus more on stopping bad things from happening than creating the environment for great good things to happen. For example, we focus on stopping climate damage instead of investing money in better natural environment. We spend more money to risk control instead of seizing new business opportunities which create risk but also create more rewards for risk takers.
Welcome the threats in the 2020s as they bring opportunities
Embrace the opportunities in the new decade but be risk aware about the threats that come with the opportunities to grow. Work together with our network of business leaders and risk management experts to finish the 2020s better than you started.
Taking Risks To Achieve More In Business With BusinessRiskTV
Subscribe to BusinessRiskTV for freezing alerts and bulletins to your email inbox on how to grow your business faster with less uncertainty
UK business growth and development with BusinessRiskTV.com
Subscribe to BusinessRiskTV to connect and engage with like minded business leaders who wish to find new innovative ways to grow faster more profitably
The UK economy performed relatively well compared to most of Europe. The UK economy has been a job creation machine with record low unemployment levels over recent months. However UK productivity has been poor. UK business leaders need to find new innovative ways to do more business in the UK.
Find Out More About Business Innovation Opportunities and Ideas for Business Click Here
Reinvigorate local town and regional economies is the key for UK plc economic growth as a whole. BusinessRiskTV supports business start ups and SMEs seeking to grow faster with less uncertainty.
Whilst the London economy is the biggest net contributor to UK government receipts and UK economy as a whole the UK economy can grow faster if all parts of the economy receive equal investment. Recent years has shown that London has received a disproportionate level of investment per head of population. If the distribution of investment was more equitable per head of population then the UK pie as a whole will grow faster.
BusinessRiskTV promotes economic growth and regeneration across the UK. We will review efforts to stimulate economic development in the UK. In addition we can help your business with its business development and growth strategy.
Read business development articles and watch videstream trending on BusinessRiskTV
Startup Success Factors
10 Key Success Factors for Startups: Unlocking the Path to Growth and Prosperity
Startups are the lifeblood of innovation, driving economic growth and fostering entrepreneurial spirit. However, the journey to success is fraught with challenges and risks that can deter even the most promising ventures. To navigate this treacherous landscape, startups must possess a keen understanding of the key success factors that can make or break their endeavors. In this article, we will explore ten essential factors that contribute to startup success, while also highlighting the role that BusinessRiskTV.com can play in supporting startups on their path to prosperity.
Clear Vision and Value Proposition:
A compelling vision, coupled with a well-defined value proposition, serves as the foundation for any successful startup. Entrepreneurs must have a clear understanding of their mission and purpose, enabling them to articulate their unique offering to customers, investors, and employees. BusinessRiskTV.com can provide guidance on refining value propositions and leveraging market insights to enhance a startup’s competitive edge.
Market Analysis and Validation:
Thorough market analysis is essential to identify target customers, assess competition, and evaluate market potential. Startups must validate their assumptions through market research, customer feedback, and pilot testing. BusinessRiskTV.com offers valuable resources and industry knowledge that can assist startups in conducting market research, identifying market gaps, and aligning their product or service offerings with market demand.
Effective Leadership and Team Building:
Building a talented and dedicated team is crucial for a startup’s success. Entrepreneurs must possess strong leadership skills, the ability to inspire and motivate, and a willingness to delegate responsibilities. BusinessRiskTV.com provides insights on effective leadership practices, team-building strategies, and talent acquisition to help startups build high-performing teams.
Scalable Business Model:
A scalable business model is vital for startups aiming to achieve rapid growth. The model should allow for expansion without significant increases in costs. BusinessRiskTV.com can assist startups in developing scalable business models by providing access to industry benchmarks, expert advice, and case studies of successful scaling strategies.
Financial Planning and Resource Management:
Startups must effectively manage their financial resources and develop a robust financial plan to ensure sustainability. BusinessRiskTV.com offers guidance on financial planning, fundraising strategies, and cost optimisation to help startups navigate the complexities of financial management.
Agility and Adaptability:
Startups must be agile and adaptable to respond to changing market dynamics, customer needs, and technological advancements. They should embrace a culture of experimentation and be willing to pivot when necessary. BusinessRiskTV.com promotes agile methodologies, innovation practices, and disruptive thinking, enabling startups to adapt quickly to the evolving business landscape.
Customer-Centric Approach:
Putting customers at the core of their operations is essential for startups. Understanding customer pain points, delivering exceptional experiences, and constantly seeking feedback are critical components of a customer-centric approach. BusinessRiskTV.com offers insights into customer behavior, customer journey mapping, and strategies for building customer loyalty, empowering startups to cultivate strong and lasting customer relationships.
Strategic Partnerships and Networks:
Collaborating with strategic partners and building strong networks can provide startups with access to resources, expertise, and new market opportunities. BusinessRiskTV.com facilitates networking and partnership building by connecting startups with potential investors, mentors, and industry experts, thereby expanding their reach and fostering growth.
Effective Marketing and Branding:
Creating brand awareness and implementing effective marketing strategies is crucial for startups to attract customers and stand out in a crowded marketplace. BusinessRiskTV.com offers guidance on marketing techniques, digital strategies, and branding initiatives, helping startups establish a strong brand presence and gain a competitive edge.
Continuous Learning and Adaptation:
Startups must embrace a culture of continuous learning and improvement. Actively seeking knowledge, staying updated with industry trends, and being open to feedback are essential for long-term success. BusinessRiskTV.com provides access to a wealth of business resources, educational content, and networking opportunities, empowering startups to acquire new skills and stay ahead of the curve.
Startups face numerous challenges on their path to success, but by understanding and implementing these ten key success factors, entrepreneurs can significantly enhance their chances of growth and prosperity. BusinessRiskTV.com serves as a valuable resource for startups, offering support, expertise, and guidance across various domains. Leveraging the resources and insights provided by BusinessRiskTV.com, startups can navigate the uncertainties and mitigate risks, ultimately accelerating their journey towards achieving their goals.
Subscribe to BusinessRiskTV for free alerts and bulletins on the latest business threats and opportunities for growth to your inbox
Understand business risks. Explore the key factors that lead to successful business. Apply the relevant risk management measures. Take the risk first before the competition clicks on.
Click on Like Button to follow us on your favourite social media App; or subscribe for free enterprise risk management newsletter by emailing editor@businessrisktv.com
Risk Appetite and Risk Tolerance enter code #RiskAppetite
There are a number of key factors that led to successful business. Successful business leaders understand that being in business is about managing the risks from change. Unsuccessful business leaders tend to blame their failures on economic climate changes and their successes on their brilliant business management skills!
The UK retail sector is suffering major painful changes. Tens of thousands of jobs have been lost as major retailers collapsed or contracted. Yet the UK retail marketplace has some examples of major retailers bucking this trend blamed on the UK economy by unsuccessful retail business managers.
By applying their risk management knowledge successful businesses can act quicker and with more confidence it will work out
BusinessRiskTV
Not taking risks is not an option for most business leaders. However many risk factors coming together can appear daunting. Enterprise risk management looks at the big picture and helps you identify the steps to a better business in future.
Find out how to improve your chances of business success with BusinessRiskTV. Take calculated risks to help your business grow faster with less uncertainty. Embrace change and the risks to your business.
Business risk assessment elements should fit your business culture. Some people do not like numbers. Some do. Your business risk assessment template should reflect the culture of your organisation.
A business risk assessment is a systematic process that helps organisations identify, evaluate, and prioritise risks that may impact their operations, financial performance, and reputation. It is an essential tool for managing risk and ensuring the long-term viability of a business.
There are several key elements that a business risk assessment should include:
Identifying the risks: The first step in the risk assessment process is to identify the potential risks that the business may face. This can include internal risks, such as operational inefficiencies or employee misconduct, as well as external risks, such as market changes or natural disasters.
Evaluating the risks: Once the risks have been identified, the next step is to evaluate their potential impact on the business. This includes considering the likelihood of each risk occurring, as well as the potential consequences if it does.
Prioritising the risks: After evaluating the risks, the next step is to prioritise them based on their potential impact on the business. This will help the organisation focus its resources on the most significant risks and develop strategies to mitigate them.
Developing risk management strategies: Once the risks have been prioritised, the next step is to develop strategies to mitigate them. This can include implementing control measures to prevent or reduce the likelihood of risks occurring, or transferring the risk to another party through insurance or other means.
Monitoring and reviewing the risks: The risk assessment process is ongoing and should be regularly reviewed and updated to ensure that it remains relevant and effective. This includes monitoring the risks and identifying any new or emerging risks that may have arisen since the last assessment.
In summary, a business risk assessment should include the following key elements:
Identifying the risks
Evaluating the risks
Prioritizing the risks
Developing risk management strategies
Monitoring and reviewing the risks
Every business faces risks that could be a threat to its success
The business leaders who are better prepared for these risks and have a cost effective risk management plan and business strategy are more likely to be more successful.
Enterprise Wide Risk Assessment For Faster Business Growth With Best Use Of Business Assets
Develop a suitable risk assessment process to assist with your risk management plan preparation. Review your existing risk management process to ensure it is fit for purpose in a rapidly changing marketplace. Successful entrepreneurs have a good strategic operational and project risk management attitude and business culture that is flexible enough to cope with any economic environment.
There are numerous factors that can contribute to the success of a business. Here are some key factors that are often considered critical for building and maintaining a successful business:
Clear Vision and Strategy: A successful business requires a clear vision and a well-defined strategy. This includes setting goals, defining the direction of the business, and developing a roadmap to achieve those goals.
Market Research and Understanding Customer Needs: Understanding the market and identifying customer needs are essential for success. Conducting thorough market research, identifying target customers, and tailoring products or services to meet their needs is critical in building a successful business.
Strong Leadership: Effective leadership is crucial for the success of any business. It involves providing direction, making decisions, motivating employees, and fostering a positive work culture. Strong leadership skills help in guiding the business through challenges and achieving the desired outcomes.
Financial Management: Proper financial management, including budgeting, cash flow management, and financial planning, is vital for the long-term success of a business. Sound financial management practices help in ensuring that the business remains financially stable and can weather economic uncertainties.
Quality Products or Services: Delivering high-quality products or services is essential for building a loyal customer base. Providing value to customers and consistently meeting or exceeding their expectations builds trust and helps in retaining customers, which is critical for the success of any business.
Effective Marketing and Branding: Successful businesses understand the importance of effective marketing and branding. Creating a strong brand presence, developing marketing strategies to reach the target audience, and promoting products or services effectively can lead to increased visibility, customer acquisition, and revenue growth.
Innovation and Adaptability: In today’s dynamic business environment, innovation and adaptability are crucial for success. Successful businesses continuously innovate, adapt to changing market trends, and find new ways to stay relevant and competitive in the market.
Efficient Operations and Processes: Streamlining operations and processes can improve efficiency, reduce costs, and enhance customer satisfaction. Implementing effective systems and processes, optimising the supply chain, and leveraging technology can lead to improved productivity and operational excellence.
Talented and Engaged Workforce: A skilled and motivated workforce is vital for the success of any business. Hiring and retaining top talent, providing opportunities for growth and development, fostering a positive work culture, and promoting employee engagement can lead to higher productivity and overall business success.
Customer Relationship Management: Building strong customer relationships is crucial for long-term success. Providing excellent customer service, maintaining open lines of communication, addressing customer feedback, and building customer loyalty are key factors that contribute to the success of a business. These are some of the key factors that can contribute to the success of a business. However, it’s important to note that success is multifaceted and can vary depending on the industry, market, and individual circumstances. It’s essential to carefully plan, execute, and continuously adapt to changing circumstances to achieve long-term business success.
Strategic Partnerships and Networking: Collaborating with strategic partners and building a strong network can provide valuable opportunities for business growth. Strategic partnerships can help access new markets, share resources, and leverage complementary strengths, while networking can lead to new business leads, partnerships, and valuable industry insights.
Risk Management: Successful businesses recognize the importance of managing risks. This includes identifying and mitigating potential risks, having contingency plans in place, and being prepared to handle unexpected challenges. Effective risk management can help protect the business from potential setbacks and ensure its resilience.
Flexibility and Adaptability: Business environments can change rapidly, and successful businesses are agile and adaptable. Being open to change, willing to pivot when necessary, and embracing innovation can help a business stay ahead of the competition and navigate through uncertainties.
Continuous Learning and Improvement: Successful businesses are always learning and improving. Keeping up with industry trends, staying updated with technology, and seeking feedback from customers and employees can provide valuable insights for making informed decisions and driving continuous improvement.
Strong Customer Focus: Putting the customer at the center of the business is crucial for success. Understanding customer preferences, delivering excellent customer experiences, and building customer loyalty can lead to repeat business, positive word-of-mouth, and a strong brand reputation.
Ethical and Responsible Business Practices: Operating with integrity, practicing ethical business standards, and being socially responsible can build trust and credibility with customers, employees, and other stakeholders. Demonstrating responsible business practices can contribute to long-term success and sustainability.
Resilience and Persistence: Building a successful business is not always easy, and setbacks and failures are inevitable. Successful businesses demonstrate resilience, learn from failures, and persist in the face of challenges. Perseverance, determination, and the ability to bounce back from setbacks are key traits of successful entrepreneurs.
Long-term Planning and Goal-setting: Having a long-term vision and setting realistic goals is important for business success. Long-term planning allows for strategic decision-making, resource allocation, and monitoring progress towards achieving business objectives.
Adapting to Digital Transformation: In today’s digital age, successful businesses embrace digital transformation. This includes leveraging technology for automation, digital marketing, data analysis, and online presence to stay competitive and meet changing customer preferences.
Monitoring and Measuring Key Performance Indicators (KPIs): Successful businesses monitor and measure key performance indicators (KPIs) to track progress, identify areas for improvement, and make data-driven decisions. Regularly analysing KPIs provides insights into the health and performance of the business and helps in making informed decisions.
In conclusion, building and maintaining a successful business requires a combination of various factors. It’s important to have a clear vision, understand the market and customer needs, demonstrate effective leadership, manage finances wisely, deliver quality products or services, market and brand effectively, innovate, and adapt to changing environments. Additionally, building a strong team, managing risks, focusing on customer satisfaction, practicing responsible business ethics, and being resilient and persistent are key factors that contribute to long-term business success.
Business problem solving tools from BusinessRiskTV.com
View Marketplace For Business Experts
How to solve business problems effectively. Problem solving tools and techniques to help your business grow faster and more resiliently. Find out how to solve your business problems. Network with top risk leaders. Learn how to solve business problems online.
Promote and market your business consultancy or problem solving business on BusinessRiskTV for 12 months
Find out how to promote your business locally and globally
Put your products or services in front of new people already interested in your type of business offering before your competitors grab your potential sales.
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit.
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Read business management articles and view videostream trending on BusinessRiskTV
Product recall experts protecting customers and brands on BusinessRiskTV
Find out more about the latest product recalls. Discover how to protect your business or life. Identify risks and understand how you are exposed.
Want all the latest product recall risk management news and product risk analysis for your country and industry? Sign up to our BusinessRiskTV newsletter, Business Risk Alerts and Business and Economic Risk Reports email editor@businessrisktv.com or follow us on your favourite social media account.
Explore risk management problems and solutions. Do you work in risk management, or need more growth with less uncertainty? Are you interested in enterprise-wide business solutions for your business problems, or looking to save money and time on business risk management? Do you want to connect with enterprise risk management experts or other buyers of enterprise risk management services? Subscribe for free to BusinessRiskTV now email editor@businessrisktv.com now or follow us on your favourite social media account now.
Subscribe to BusinessRiskTV Product Recall Alerts and Bulletins
Promote and market your business on Product Recalls Risk Management
Business Marketing Solutions From BusinessRiskTV
30th April 2020 Another 55000 Washing Machines in UK Homes Should Stop Being Used and Need Repairing or Replacing Owing to a Fire Risk
An extra 21 models have been added to the list of 524000 Hotpoint and Indesit washing machines being recalled. Whirlpool owns the washing machine brands. The product recall programme was ongoing despite coronavirus restrictions. The total number of models affected is 66.
About 20 percent of the Hotpoint and Indesit washing machines sold since 2014 are affected by a safety fault and need to be recalled.
BusinessRiskTV
79 fires are thought to have been caused by an overheating door locking system in the washing machine. The fault develops over time according to Whirlpool.
Owners of Hotpoint and Indesit washing machines bought since October 2014 will need to enter the model and serial number of their appliance found inside the door or on the back to see if it is one of those affected. Those who have previously checked and been given the all clear may need to check again due to the new models with faults added to fault affected list. Slots for a modification or replacement machine are available straight away.
All owners affected by the recall are entitled to a replacement washing machine or a repair to their existing appliance without charge but there is no offer from the company of a refund. They should stop using it until an engineer has checked it if necessary restrict its use to a cold wash.
4th March 2020 Toyota Motor Corp Recalling 3.2 Million Vehicles Worldwide To Address Fuel Pump Issue That Could Result In Engines Stalling.
Dealers will replace the fuel pumps with new ones.
Owners have complained of rough engine running engine not starting and loss of power while driving at low speeds.
21st November 2019 Fiat Chrysler Recalling 700000 sport utility vehicles SUVs worldwide due to faulty electrical connection could prevent engine starts or contribute to a stall
The automotive product recall covers 2011 to 2013 model year for Dodge Durango and Jeep Grand Cherokee SUVs. Fiat Chrysler are unaware of any injuries or accidents related to the fault and will notify owners at a later date when they will be able to schedule repairs at car dealerships.
Most of the vehicles being recalled are in USA. The rest are spread around the world including but not limited to Canada and Mexico.
20th July 2019 Dangerous Tumble Dryer Product Recall
Whirlpool is launching a full recall of any remaining fire prone tumble dryers. For 4 years now Whirlpool have resisted calls to recall tumble dryers when the fault emerged.
Tumble dryer brands affected include Hotpoint Indesit Creda Swan and Proline bought between April 2004 and September 2015 in UK.
BusinessRiskTV
For more information on what to do if you bought a tumble dryer call 0800 151 0905 or visit CLICK HERE. Check if your tumble dryer is affected. If it is on the product recall list stop using it and unplug it immediately.
Options for tumble dryer owners include:
Obtain a free replacement dryer with no extra charges for collection or disposal of the old machine
Get a free one hour modification of the old machine
Take a discounted upgrade to a higher specification model than the free replacement
Obtain a partial refund of up to 150 pounds with owners of older machines getting less than those with newer ones
If your tumble dryer has already been modified as a safety upgrade you may not be able to take advantage of above options but call the helpline to double check.
#UKfiresafety
20th July 2019 Volvo Product Recall 500000 Worldwide
Volvo car manufacturer has concerns of fire risk. A plastic part of the engine can melt and deform and in extreme cases catch fire.
The product recall affects some cars made in the past five years. Volvo will contact affected customers.
There have been Volvo car fires as a result though no one has been injured.
BusinessRiskTV
Volvo has reported how many fires have occurred as a result of the defect. The product defect affects cars from the models years 2014 to 2019 with four-cylinder diesel engines.
Car owners have been told that vehicles are safe to use if the car is not currently showing signs of a problem including engine warning light coming on lack of power from engine or an unusual smell.
Save money and time to make your business more profitable with BusinessRiskTV
Subscribe to BusinessRiskTV Best Deals free alerts and bulletins
Discover the latest deals discounts and special offers with BusinessRiskTV. Save money and time. Make your business more profitable without selling more.
Improving strategic risk management withing financial services industry in UK with BusinessRiskTV
Subscribe to BusinessRiskTV for free today
Strategic risk decision making in financial services industry is not complicated but it is complex. Reduce the complexity to what matters to your business in the financial services sector.
Become more efficient and productive
Build greater business resilience
Improve business performance
Failing to be innovative and creative in the financial services sector may place your business at a competitive disadvantage. However innovation and creativity brings added risk. Is that added risk with it? Enterprise risk management ERM approach will help you decide.
In addition ERM risk based decision making will help you protect your financial services business better. Align your business strategy with best practice risk management tools and techniques to reduce strategic operational and project risks.
Regulatory compliance increased investor engagement and expectations and increasingly volatile geopolitical risks makes investing for the future and management of investment risks harder
BusinessRiskTV
The future of financial services industry risk management is also changing with artificial intelligence divergent regulatory controls and splintering risk culture ambitions driving changes in practice.
Keep up to date with best risk management tools and techniques to improve your business decision making. The financial financial crisis is beginning. We just do not know where it started and what we are doing wrong. However being prepared for the next financial crisis should be part of a holistic enterprise risk management approach.
Chances are that fintech will play a role in the next financial crisis. Technology risks are a key risk factor for business growth and disaster for financial services companies in particular.
Lack of need to control risks will also play a role in the next financial crisis. The financial services industry has found it near impossible to manage its own risks without regulatory control. Dissipation in regulatory control will precipitate the financial services industry lunging over the cliff.
The fact that the financial services sector has still not recovered from the last financial crisis is another reason that another financial crisis will occur. ItalianChinese and Indian banks are in particular bursting at the seems with near unmanageable debt levels. Add to that boiling frothing pot of junk political instability in EuropeAsia and Americas then you have a perfect storm waiting to be unleashed.
Should we withdraw from business or investing? Of course not. It has always been thus. It has always been about the survival of the fittest. However what has changed is that there is increased realisation that the fittest are those businesses and investors who invest in socially responsible investing. Environmental social and governance risk factors are at play. The strongest are the ones who embrace this philosophy.
A holistic enterprise risk management approach to business management and investing is the future. If you are waiting to look back and acknowledge that with hindsight you will be one who suffers most from the next financial crisis. You may not survive the long term. If you are not looking to the long term then good luck to you. You might get lucky. If you are looking for long term sustainability get on the holistic enterprise risk management boat today. Create long term value through enterprise risk management today not tomorrow.
Helping to connect key business leaders online
Finding the latest best business practices can be time consuming or unfruitful. We make life and business easier and better.
Searching for what you need to inform your business decision making is free. Come back often to find the best of business quickly. Pick up the latest lifestyle and business risk management news headlines opinions debate and business reviews.
Are you a business owner or manager in the financial services industry?
Business leaders do not always have the marketing budget to promote their business. We provide a range of online marketing options for businesses to fit most budgets so you can promote your business products or services for longer.
Sponsor Strategic Risk In Financial Services for 12 months
Globally Empty Office Buildings and Commercial Property Creating Debt Collapse, Systemic Threat to Banking System Worldwide
The COVID-19 pandemic and central banks response – overprinting of money out of thin air – has had a devastating impact on the global economy, and nowhere has this been more evident than in the commercial real estate sector. As businesses have been forced to close or operate remotely, millions of square feet of office space have been vacated, leaving office buildings empty around the world.
This has led to a sharp decline in property values, and many commercial real estate owners are now facing significant financial losses. In some cases, these losses have become so severe that they have forced property owners to default on their loans, which could have a ripple effect throughout the global banking system.
Who Has the Most Exposure to Commercial Real Estate?
The financial institutions that have the most exposure to commercial real estate are those that specialise in lending to businesses and developers. These institutions include commercial banks, investment banks, regional banks in USA and insurance companies.
According to a recent report by the International Monetary Fund, commercial banks worldwide have about $20 trillion in outstanding loans to commercial real estate borrowers. This represents about 10% of all bank lending globally.
Investment banks and insurance companies also have significant exposure to commercial real estate. Investment banks, for example, often underwrite and market commercial real estate bonds, which are a type of debt security that is backed by the income generated from rental properties. Insurance companies, on the other hand, often invest in commercial real estate through real estate investment trusts (REITs), which are companies that own and operate income-producing properties.
Are Banks in Danger?
The sharp decline in commercial real estate values has raised concerns that banks could be in danger of suffering significant losses on their loans to commercial real estate borrowers. In some cases, these losses could be so severe that they could force banks to default on their own debts, which could lead to a systemic financial crisis.
However, it is important to note that banks have a variety of tools at their disposal to manage their exposure to commercial real estate risk. For example, banks can sell off their commercial real estate loans to other investors, or they can take steps to restructure the terms of these loans. At the same time if the sea level is going down for all banks in real estate debt crisis will there be enough saviours?
In addition, the government can also play a role in helping to stabilise the commercial real estate market. For example, the government can provide financial assistance to banks that are struggling with commercial real estate losses, or it can provide tax breaks to businesses that are considering moving back into office space. At the same time this is inflationary and may result in even higher interest rates – problem delayed but worsened thereby extending and increasing length of recession creating depression.
How Many Office Buildings Are Empty in the US?
According to a recent survey by the commercial real estate firm CBRE, about 15% of office space in the United States is currently vacant. This represents about 250 million square feet of empty office space.
The vacancy rate is highest in major cities such as New York, San Francisco, and Los Angeles. In these cities, the vacancy rate is often above 20%.
The vacancy rate is also high in some smaller cities and towns. For example, the vacancy rate in the city of Detroit is currently over 30%.
These, official, vacancy rates seem lower than real levels other agencies produce and anecdotally.
Why Are the Banks in Trouble?
The banks are in trouble because they have lent too much money to commercial real estate borrowers. When these borrowers default on their loans, the banks are left holding the bag.
The banks are also in trouble because the value of their commercial real estate assets has declined. This decline in value has made it more difficult for the banks to sell these assets, and it has also reduced the amount of collateral that they have available to secure their loans.
The banks are also facing increased competition from non-bank lenders, such as private equity firms and hedge funds. These non-bank lenders are often willing to lend money to commercial real estate borrowers at lower interest rates than the banks.
Conclusion
The global pandemic has had a devastating impact on the commercial real estate sector, and this has led to significant financial losses for banks and other financial institutions. The situation is likely to get worse before it gets better, as more and more businesses continue to operate remotely. If it gets worse it will be a very long time – decades – before it gets better!
The government will need to play a role in helping to stabilise the commercial real estate market, and banks will need to take steps to manage their exposure to commercial real estate risk. If these steps are not taken, the global banking system could be in danger of a systemic crisis.
BusinessRiskTV Financial Services Industry Magazine
Managing Risk in Financial Services
Managing Risk in the Ever-Evolving Financial Services Industry
The financial services industry is a complex and dynamic sector that plays a vital role in the global economy. It encompasses a wide range of activities, including banking, insurance, investment management, and more. However, with the constant changes and uncertainties in the business landscape, managing risk has become a critical aspect of the financial services industry. In this article, we will explore the challenges and best practices of managing risk in the ever-evolving financial services industry.
The Changing Landscape of the Financial Services Industry
The financial services industry has gone through significant changes over the years, driven by various factors such as technological advancements, regulatory reforms, economic fluctuations, and changing customer preferences. These changes have brought new opportunities and challenges for businesses operating in this industry.
One of the significant changes in the financial services industry is the increasing reliance on technology. The digital revolution has transformed the way financial services are delivered and consumed. Fintech companies have emerged, leveraging technology to disrupt traditional financial services providers. This has resulted in increased competition and the need for traditional financial institutions to adapt and innovate to stay relevant.
Another change in the financial services industry is the evolving regulatory landscape. Governments and regulatory bodies around the world have implemented stringent regulations to safeguard consumers and ensure financial stability. These regulations, such as the Dodd-Frank Act in the United States and the MiFID II directive in the European Union, have increased compliance requirements for financial services firms. Non-compliance can result in severe penalties and reputational damage, making effective risk management essential.
Economic fluctuations also impact the financial services industry. Economic downturns can lead to increased credit risk, market volatility, and liquidity challenges, while economic upturns can present growth opportunities. As the global economy becomes increasingly interconnected, events in one part of the world can have ripple effects on financial markets globally, making risk management more complex and critical.
Lastly, changing customer preferences and behaviors have also impacted the financial services industry. Customers now demand personalized and convenient financial services, with a focus on transparency and trust. This has led to a shift in business models, with a greater emphasis on customer-centricity and digital engagement. Firms need to understand customer preferences and manage reputational risk to maintain customer trust and loyalty.
Challenges in Risk Management in the Financial Services Industry
The evolving landscape of the financial services industry has brought about several challenges in managing risk effectively. Some of the significant challenges include:
Increasing Complexity: The financial services industry is highly complex, with numerous products, services, and processes. Risk managers need to understand the intricacies of various financial instruments, business models, and regulatory requirements to identify and manage risks effectively.
Changing Regulations: The regulatory landscape is constantly evolving, with new regulations being introduced and existing ones amended. Financial services firms need to stay abreast of these changes and ensure compliance, which requires significant resources and expertise.
Cybersecurity Risks: The increasing reliance on technology has also exposed the financial services industry to cybersecurity risks. Cyber threats, such as data breaches and ransomware attacks, can result in financial losses, reputational damage, and regulatory penalties.
Geopolitical Risks: Geopolitical events, such as trade disputes, political instability, and sanctions, can have significant impacts on the financial services industry. These events can affect global markets, currencies, and investment portfolios, leading to increased volatility and risk exposure.
Reputation Risk: Reputation is crucial in the financial services industry, and any damage to reputation can have severe consequences. Negative public perception, loss of customer trust, and regulatory scrutiny can all result in significant financial and operational impacts.
Operational Risks: The complex and interconnected nature of the financial services industry also presents operational risks. Operational failures, such as system outages, processing errors, and human errors, can disrupt business operations, cause financial losses, and harm reputation.
Risk of Financial Crime: Financial services firms are also exposed to risks related to financial crime, including money laundering, fraud, and corruption. These risks can arise from internal or external sources and can result in regulatory penalties, legal liabilities, and reputational damage.
Risk from Emerging Technologies: The rapid pace of technological advancements, such as artificial intelligence, blockchain, and cryptocurrency, presents both opportunities and risks for the financial services industry. Firms need to understand the risks associated with emerging technologies and implement effective risk management strategies to mitigate them.
Best Practices for Managing Risk in the Financial Services Industry
Given the challenges and complexities of managing risk in the financial services industry, it is essential for firms to adopt best practices to effectively mitigate risks. Here are some key best practices for managing risk in the financial services industry:
Develop a Robust Risk Management Framework: Financial services firms should establish a comprehensive risk management framework that includes risk identification, assessment, mitigation, monitoring, and reporting. This framework should be integrated into the firm’s overall strategy, operations, and decision-making processes.
Embrace a Risk Culture: Establishing a strong risk culture is critical for effective risk management. It involves fostering a culture where risk awareness and accountability are embedded in the organisation’s values, behaviours, and practices. This includes promoting open communication, risk transparency, and learning from mistakes.
Stay Abreast of Regulatory Changes: The financial services industry is heavily regulated, and firms need to stay updated with the latest regulatory changes that impact their operations. This includes understanding the implications of regulatory changes, ensuring compliance, and engaging with regulators proactively.
Enhance Cybersecurity Measures: Given the increasing cybersecurity risks, financial services firms should implement robust cybersecurity measures to protect their systems, data, and customer information. This includes regular cybersecurity assessments, employee training, and incident response plans.
Diversify Risk Management Strategies: Financial services firms should adopt a diversified approach to risk management. This includes diversifying investments, customers, and markets to reduce concentration risk. It also involves using risk transfer mechanisms such as insurance and derivatives to mitigate risks.
Conduct Comprehensive Due Diligence: Financial services firms should conduct comprehensive due diligence before entering into any business relationships, such as partnerships, acquisitions, or investments. This includes assessing the financial stability, reputation, and compliance of potential business partners to mitigate counterparty risk.
Implement Robust Compliance Programs: Compliance is a critical aspect of risk management in the financial services industry. Firms should establish robust compliance programs that include policies, procedures, and controls to ensure compliance with applicable laws, regulations, and internal policies.
Invest in Technology and Data Analytics: Technology and data analytics can play a significant role in enhancing risk management in the financial services industry. Firms should invest in advanced technologies, such as risk management software, data analytics tools, and machine learning algorithms, to identify, assess, and monitor risks effectively.
Continuously Monitor and Update Risk Management Strategies: Risk management is an ongoing process, and firms should continuously monitor and update their risk management strategies to adapt to changing business and market conditions. This includes conducting regular risk assessments, evaluating the effectiveness of risk mitigation measures, and making necessary adjustments as needed.
As the financial services industry continues to evolve, managing risk has become more critical than ever. Firms operating in this industry face various challenges, including increasing complexity, changing regulations, cybersecurity risks, geopolitical risks, reputation risk, operational risks, risk from emerging technologies, and risk from financial crime. However, by adopting best practices such as developing a robust risk management framework, embracing a risk culture, staying abreast of regulatory changes, enhancing cybersecurity measures, diversifying risk management strategies, conducting comprehensive due diligence, implementing robust compliance programs, investing in technology and data analytics, and continuously monitoring and updating risk management strategies, financial services firms can effectively mitigate risks and safeguard their operations, reputation, and financial stability.
It is crucial for financial services firms to recognize that risk management is not a one-time activity but an ongoing process that requires constant attention and adaptation. By proactively identifying, assessing, and mitigating risks, firms can reduce the likelihood and impact of potential risk events and ensure their long-term sustainability.
In addition, fostering a strong risk culture within the organisation is essential for effective risk management. This involves creating an environment where risk awareness and accountability are valued, and employees at all levels are encouraged to report risks and concerns without fear of reprisal. A robust risk culture promotes open communication, transparency, and a commitment to continuous learning and improvement.
Furthermore, leveraging technology and data analytics can greatly enhance risk management efforts in the financial services industry. Advanced technologies, such as risk management software, data analytics tools, and machine learning algorithms, can enable firms to identify patterns, trends, and anomalies in vast amounts of data, allowing for more informed risk assessments and timely risk mitigation actions.
Lastly, financial services firms should stay updated with the latest regulatory changes and engage with regulators proactively. Regulatory requirements are constantly evolving, and firms need to ensure compliance with applicable laws and regulations to avoid penalties, legal liabilities, and reputational damage. Regular communication and collaboration with regulators can help firms understand the implications of regulatory changes and proactively address any potential compliance gaps.
In conclusion, managing risk is a critical aspect of operating in the financial services industry. With the increasing complexity and evolving landscape of this industry, firms need to adopt a proactive and comprehensive approach to risk management. By developing a robust risk management framework, fostering a strong risk culture, staying updated with regulatory changes, enhancing cybersecurity measures, diversifying risk management strategies, conducting comprehensive due diligence, implementing robust compliance programs, investing in technology and data analytics, and continuously monitoring and updating risk management strategies, financial services firms can effectively mitigate risks and ensure their long-term success. It is imperative for financial services firms to prioritise risk management and make it an integral part of their strategic planning and decision-making processes. By doing so, they can safeguard their operations, protect their reputation, and maintain the trust of their customers and stakeholders in the ever-changing landscape of the financial services industry.
Subscribe to BusinessRiskTV eRetailers for free alerts and bulletins to your email inbox on improving your eRetailing experience
Reach more new customers in our eRetailer marketplaces. Use our eCommerce services to improve your cash flow. Find news ways to increase revenue and profit with BusinessRiskTV.
Create online shopping opportunities with your own eStore in our marketplaces
Improve your online retailing revenue with a shop in our online marketplaces. Online retail is growing fast but it is no way near its full potential.
Whether you have a website or not create a shop with us
Whether you have a shop on he High Street or not create a shop with us
Maximise the sales opportunities and grow your brand awareness with us
Help us create the best online shop centres to sell more of your products or services.
Create your own shop in our online marketplaces
Subscribe to find out more about becoming an eRetailer in our online marketplaces
Connect more potential customers with your existing sales process like your website. Alternatively if you have a Paypal account create an eCommerce shop in our online marketplaces to take payments before you deliver to your new customer.
Take secure payments with independent third party payment provider Paypal
Increase cash flow to bank sales quickly and easily
Create new customer database to create opportunities for upselling or repeat orders
Find out more about how to grow your business faster more securely.
Subscribe to find out more about becoming an eRetailer in our online marketplaces
Promote and market your business in the best marketplace online for your business for 12 months
Find out how to promote your business locally and globally
Recommended articles and videos trending on BusinessRiskTV
Online retailing tips advice and support to grow your income with BusinessRiskTV.
We help you grow your business online with BusinessRiskTV.com
How to grow your small business faster with BusinessRiskTV
Want to know how to grow a small business into a large business with BusinessRiskTV? Reach the right people at the right time with BusinessRiskTV. Grow your business with us. We help your business grow faster with less uncertainty. Grow your business by attracting new clients and customers with the money to buy your services or products.
Subscribe to BusinessRisk for free How To Grow Business Tips alerts and bulletins
Subscribe to BusinessRiskTV.com for free
Enter code #HowToGrowMyBusinessOnline
Tap into small business consulting services to help your business grow faster.
Let us help you grow your business.
How To Grow A Company Successfully
Increase online sales. Attract new customers to your products and services instead of those of your competitors. Pick up tips tools and techniques to grow your business faster.
Virtual Exhibition Platform To Showcase Your Business Products and Services To Buyers Already Interested In Your Type Of Business Offering Entering Code #VirtualExhibitionStand
Subscribe to find innovative ways to grow your business
Learn more about how to grow your small business faster. Penetrate new markets and create new revenue streams that are more profitable.
Subscribe to find innovative ways to grow your business entering code #GrowMyBusiness
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of new people already interested in your type of business offering.
Find out how to promote your business locally and globally. CLICK HERE or email editor@businessrisktv.com entering code #Marketing
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit.
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Recommended articles and videos trending on BusinessRiskTV
Are you struggling to grow your business read on to find ideas to grow your business faster. Save your money and time. Discover new ways to grow your business. Use our tips to help your business grow. Take your business to the next level.
Business growth consultancy with BusinessRiskTV.com
What could you do today to cost effectively increase revenue? Find new business development ways to grow your business.
Are you interested in growing your business? Do you use online resources to attract new customers? Do you want to sell more online? Do you want help to grow your business faster online?
At BusinessRiskTV we can take some of the worry out of growing your business. We will ask the right questions to find the best way forward for your business.
Make better business decisions
Pick up business development tips advice and support
Use our sustainable business growth tools and techniques
Working with you to create long term value for your business. Developing your business faster with less uncertainty.
Subscribe to BusinessRiskTV for alerts and bulletins to new business development ideas
Are you interested in growing your business faster? Do you use the internet to attract new customers. Do you want to sell more online? Do you want us to help your business grow faster online?
Submit a question. Share your views and experiences. Please include a contact number if you are willing to speak to us. You can get in touch in the following ways:
Read business development articles and watch business growth ideas videostreams
Challenges Of Growing A Business and How To Meet Them With BusinessRiskTV.com
As a business grows, it will face various challenges that can hinder its growth and success. Here are some common challenges of growing a business and some tips on how to meet them with the help of BusinessRiskTV.com:
Cash flow management: Managing cash flow can be a challenge for growing businesses, especially if they have large overheads and expenses. BusinessRiskTV.com can help businesses develop a financial plan to ensure they have enough cash to cover their expenses and invest in growth opportunities.
Hiring and retaining talent: As a business grows, it will need to hire new employees to keep up with the demand. However, finding and retaining talented employees can be a challenge. BusinessRiskTV.com can help businesses develop an effective recruitment strategy and employee retention plan.
Scaling operations: Growing businesses need to scale their operations to meet the demands of their customers. However, scaling too quickly can lead to operational inefficiencies and quality issues. BusinessRiskTV.com can help businesses develop a growth strategy that balances speed and efficiency.
Managing risk: As a business grows, it becomes more exposed to risks such as cyber attacks, supply chain disruptions, and regulatory changes. BusinessRiskTV.com can help businesses identify and manage these risks by developing a risk management plan.
Competition: Growing businesses may face increased competition as they expand into new markets or attract new customers. BusinessRiskTV.com can help businesses develop a competitive strategy to differentiate themselves from their competitors.
Overall, growing a business can be a challenging process, but with the help of BusinessRiskTV.com, businesses can overcome these challenges and achieve their growth objectives.
What to do in the most business friendly and least business friendly businesses in the world with BusinessRiskTV.com
Subscribe to BusinessRiskTV for free to receive alerts and bulletins
Discover the best and worst of business on BusinessRiskTV. Get the latest business and economy news headlines opinions and reviews. Save money and time.
How are G2O countries and large economic areas impacting on your business risks
Our enterprise risk magazines keep you up to date with the latest news opinions risk analysis and business reviews.
Find out how risks in the biggest countries or trade areas in the world creates threats and opportunities for your business wherever you are in the world and wherever you want to export to.
It would help if the G20 countries could create business opportunities more than they create threats for the benefit of the whole world including emerging economies. However you may also need to take actions to mitigate the impact of these countries on your business.
Speak to business leaders and entrepreneurs around the world
Connect with creative innovative ambitious leaders around the world online from your phone pc or mobile device to protect your business better and grow faster.
Enter code G20 ALERTS when you register online for free
Subscribe to Innovation and Entrepreneurship News Alerts and Bulletins for Free
Find out how innovation can help your business grow faster. Innovation is crucial for your long term success and business sustainability. BusinessRiskTV business innovation reviews. Making innovation more useful.
Subscribe to BusinessRiskTV.com for free
Recommended business risk management articles and videos
The latest news videos and discussion topics on business innovation.
Reach influencers key decision makers and the business leaders who will buy from your business
BUSINESSRISKTV INNOVATION AND ENTREPRENEURSHIP NEWS
Find best hot deals discounts and special offers online with BusinessRiskTV.com
BusinessRiskTV and Partners best deals discounts and exclusive offers
Hot deals online shopping with BusinessRiskTV virtual online shopping centres.
Subscribe to BusinessRiskTV.com for free alerts to latest best deals discounts and exclusive offers
BusinessRiskTV and ERMuk best places for deals discounts and exclusive offers. Find daily offers and voucher codes to make your business or lifestyle better 4 less.
Subscribe for free to receive alerts to latest deals discounts and exclusive offers
Get best online deals offers and discounts. Discover exclusive offers and voucher codes. Find the cheapest price on BusinessRiskTV.
All our deals have been checked at the time of publishing so get in fast to grab a bargain today before they sell out!
Shop on BusinessRiskTV for our Deal of the Day and Deal of the Week the best deals featuring low prices on top quality products and services in UK. Great deals bargain prices. Find low prices online quicker.
Reduce your business or lifestyle costs to make your business budget or personal budget go further.
Subscribe for free to receive alerts to latest deals discounts and exclusive offers enter code #HotDealsOnline
Sign up for free business risk management alerts reviews and comments via your preferred social media App; or email editor@businessrisktv.com to subscribe for free to our business risk management newsletter
Connecting UK suppliers and buyers online
By assessing and controlling economic risks you can minimise your business exposure to economic risks.
Keep up with the latest news opinions and economic risk reviews. Measure and manage the economic risks in the UK. Develop your risk management practices to fiscal economic risks.
Manage UK economic risks to export more and manage domestic risks.
Register for BusinessRiskTV Academy UK Economic Risk Management Workshops
If you are interested in reducing the UK economic risks to your business and seize new ways to grow your business faster register for free to receive alerts to upcoming economic risk management discussions webinars and workshops.
Register for BusinessRiskTV Academy UK Economic Risk Management Workshops
The Damaging Consequences of Overprinting Money
Overprinting money is the act of a government or central bank creating new currency units without a corresponding increase in the supply of goods and services. This can lead to a number of negative consequences for the global economy and businesses, including:
Inflation: Inflation is a general increase in prices and fall in the purchasing value of money. When there is too much money in circulation, it can lead to inflation as people are able to afford to pay more for goods and services. This can make it difficult for businesses to operate as their costs increase, and it can also lead to a decrease in the value of savings.
Decreased value of currency: When there is too much money in circulation, the value of the currency can decrease. This is because the currency becomes less scarce, and people are less willing to hold onto it. This can make it difficult for businesses to trade internationally, and it can also lead to a decrease in investment.
Increased interest rates: In order to combat inflation, central banks may raise interest rates. This can make it more expensive for businesses to borrow money, which can lead to a decrease in investment and economic growth.
Instability in financial markets: Overprinting money can lead to instability in financial markets. This is because it can lead to an increase in speculation and volatility in asset prices. This can make it difficult for businesses to raise capital and operate effectively.
Reduced trust in government: When governments resort to overprinting money to finance their spending, it can lead to a loss of trust in the government. This can make it more difficult for governments to raise taxes and borrow money in the future.
The negative consequences of overprinting money are not limited to the global economy. Businesses can also suffer a number of negative consequences, including:
Increased costs: When inflation rises, businesses may have to increase their prices in order to cover their costs. This can lead to a decrease in demand for their products or services.
Decreased profits: If inflation outpaces revenue growth, businesses may see their profits decrease. This can make it difficult for businesses to invest and grow.
Increased risk: When the value of the currency is unstable, businesses face increased risk. This is because they may not be able to predict how much their costs or revenues will increase in the future. This can make it difficult for businesses to make long-term plans.
Loss of market share: If businesses are unable to keep up with inflation, they may lose market share to competitors who are able to pass on higher costs to consumers.
The negative consequences of overprinting money can be severe and far-reaching. It is important for governments and businesses to be aware of these risks and to take steps to mitigate them.
What are the negative effects of reducing money supply?
Increasing credit crunch risk due to lack of money supply or unaffordable borrowing costs
Reducing the money supply can also have negative consequences for the economy. This is because it can lead to a decrease in economic growth, an increase in unemployment, and a decrease in asset prices.
When the money supply is reduced, it becomes more expensive for businesses to borrow money. This can lead to a decrease in investment and economic growth. It can also lead to an increase in unemployment, as businesses are less likely to hire new workers when it is more expensive to borrow money.
In addition, a decrease in the money supply can lead to a decrease in asset prices eg house prices, stock market shares, etc. This is because when there is less money in circulation, people are less likely to bid up the prices of assets. This can lead to losses for investors who own assets, such as stocks and property.
What are the disadvantages of excess money in circulation in an economy?
The disadvantages of excess money in circulation in an economy include:
Inflation: As mentioned earlier, inflation is a general increase in prices and fall in the purchasing value of money. When there is too much money in circulation, it can lead to inflation as people are able to afford to pay more for goods and services. This can make it difficult for businesses to operate as their costs increase, and it can also lead to a decrease in the value of savings.
Decreased value of currency: When there is too much money in circulation, the value of the currency can decrease. This is because the currency becomes less scarce, and people are less willing to hold onto it. This can make it difficult for businesses to trade internationally, and it can also lead to a decrease in investment.
Increased interest rates: In order to combat inflation, central banks may raise interest rates. This can make it more expensive for businesses to borrow money, which can lead to a decrease in investment and economic growth.
Instability in financial markets: Excess money in circulation can lead to instability in financial markets. This is because it can lead
Understanding Economic Indicators For Effective Risk Management
Economic indicators are statistics that provide information about a country’s economic performance and outlook. They are used by businesses, investors, and policymakers to make informed decisions about the economy.
Gross domestic product (GDP) is one of the most important economic indicators. It measures the value of goods and services produced within a country’s borders. A growing GDP is generally seen as a sign of a strong economy, while a decline in GDP can indicate a recession.
Another important economic indicator is the unemployment rate, which measures the percentage of the labor force that is unemployed but actively seeking employment. A low unemployment rate is usually seen as a sign of a strong economy, while a high unemployment rate can indicate weakness.
Inflation is another important economic indicator. It measures the rate at which the general level of prices for goods and services is rising. High inflation can indicate that an economy is overheating, while low inflation can indicate weakness.
Interest rates are also an important economic indicator. Central banks use interest rates to control inflation and stabilise the economy. Higher interest rates can slow down economic growth by making borrowing more expensive, while lower interest rates can stimulate growth by making borrowing cheaper.
Economic indicators can also be divided into leading, lagging, and coincident indicators. Leading indicators tend to change before the economy as a whole changes, and can provide early warning signs of an impending recession or recovery. Lagging indicators, on the other hand, tend to change after the economy as a whole changes, and can confirm the onset of a recession or recovery. Coincident indicators tend to change with the economy as a whole and tend to reflect the current state of the economy.
Effective risk management involves staying informed about economic indicators, understanding their significance, and using them to make informed decisions. By monitoring economic indicators, businesses and investors can anticipate changes in the economy and adjust their strategies accordingly.
In conclusion, Economic indicators are important tools for understanding the current state and future prospects of an economy. By monitoring key indicators such as GDP, unemployment, inflation, and interest rates, businesses and investors can make informed decisions and effectively manage risk.
Innovative ways to get you engaged with new clients. Learn about new ideas on how to approach and engage with new customers. Grow your business faster with less uncertainty with BusinessRiskTV.
Learn how to engage customers online
Highly target potential new clients based on your ideal target market.
Create tempting written copy to attract potential buyers to your unique selling point USP.
We manage your online marketing to get you noticed more often.
You pick up the prospective purchase and close the deal by phone face to face or your own ecommerce or website.
You can more easily and more sustainably build your own prospective and new customer database to sell profitably online.
Create new business connections
Use our business development tools to build you own new business connections. Go off with your new business partners or work with our business partners to grow your business faster.
If you currently have products or services you want to showcase locally and globally please subscribe below via the subscribe button or contact form.
Subscribe to BusinessRiskTV.com for free to learn more about how to engage customers online
Generate more leads with BusinessRiskTV.com
In today’s fast-paced business environment, generating leads is a top priority for any organisation looking to stay ahead of the competition. However, with so much competition in the market, it’s becoming increasingly difficult to generate leads that can convert into sales. This is where BusinessRiskTV.com comes in, as a platform that helps businesses generate more leads and grow their customer base. In this article, we’ll explore some strategies to help you generate more leads on BusinessRiskTV.com.
Identify Your Target Audience The first step in generating leads is to identify your target audience. This means understanding who your potential customers are, what their needs and pain points are, and how you can solve their problems. On BusinessRiskTV.com, you can reach out to a broad audience of business owners, managers, and professionals from various industries. However, to make the most of this platform, you need to identify the specific segment of this audience that you want to target. This can be done by analyzing the demographics of your existing customers, conducting market research, or using BusinessRiskTV.com’s analytics tools to track user behavior and engagement.
Create Compelling Content Once you have identified your target audience, the next step is to create compelling content that speaks to their needs and interests. On BusinessRiskTV.com, you can create and publish a variety of content types, including articles, videos, podcasts, webinars, and more. Whatever type of content you choose, make sure it’s high-quality, relevant, and engaging. This means using a clear and concise writing style, incorporating visuals and multimedia elements, and providing valuable insights and solutions. You can also use SEO techniques to optimise your content for search engines and increase its visibility to potential leads.
Engage with Your Audience Engaging with your audience is critical to building trust and credibility with potential leads. On BusinessRiskTV.com, you can interact with your audience in various ways, such as responding to comments, participating in discussions, and sharing your content on social media. You can also use BusinessRiskTV.com’s messaging and chat features to communicate directly with potential leads and build relationships with them. By showing that you care about their concerns and are willing to help them solve their problems, you can turn potential leads into loyal customers.
Offer Incentives and Rewards Another effective way to generate more leads on BusinessRiskTV.com is to offer incentives and rewards to potential customers. This can be done by offering free trials, discounts, or exclusive content to users who sign up for your services or products. You can also create contests, giveaways, and other promotions that encourage user engagement and participation. By offering something of value to potential leads, you can increase their interest and motivation to learn more about your business and become paying customers.
Leverage Influencer Marketing Influencer marketing is an increasingly popular strategy for businesses looking to reach new audiences and generate more leads. On BusinessRiskTV.com, you can leverage the power of influencer marketing by partnering with influencers in your industry or niche. These influencers can help promote your brand, products, or services to their followers, increasing your visibility and credibility in the market. You can also collaborate with BusinessRiskTV.com’s own influencers, such as expert contributors and thought leaders, to reach a wider audience and build your reputation as a trusted authority.
Use Analytics to Measure Performance Finally, it’s essential to use analytics tools to track your performance and adjust your strategies accordingly. On BusinessRiskTV.com, you can access a variety of analytics features, such as user behavior tracking, engagement metrics, and conversion rates. By monitoring these metrics, you can identify which content and strategies are most effective in generating leads and adjust your approach accordingly. This means experimenting with different types of content, targeting different segments of your audience, and refining your messaging and offers to better meet the needs of potential leads.
BusinessRiskTV.com offers businesses a powerful platform to generate more leads and grow their customer base. By identifying your target audience, creating compelling content, engaging with your audience, offering incentives and rewards, leveraging influencer marketing, and using analytics to measure performance, you can optimise your lead generation strategies and achieve sustainable growth for your business. Whether you’re a small startup or a large enterprise, BusinessRiskTV.com can help you reach your full potential and thrive in today’s competitive business landscape.
BusinessRiskTV How To Engage More Customers Online
Buy and sell car insurance online with BusinessRiskTV.com
The latest average premium is the lowest since the third quarter of 2015, the Association of British Insurers ABI said
Find and market car insurance cover.
The amount paid by motorists for insurance fell to its lowest level in more than six years in the first quarter of 2022.
A big change occurred on 1 January 2022. New rules mean motor and home insurers are required to offer renewing customers a price that is no higher than they would pay as a new customer. The Financial Conduct Authority (FCA) introduced the new measures for insurers. It could mean there will be fewer cheaper car insurance discounts if you shop around to find a better car insurance deal than the one your current insurer offers you.
Looking for cheapest car insurance UK
Compare car insurance in the UK. The cost of car insurance in the UK rises and falls. However car insurance always has a significant impact on personal and corporate budgets.
Motor Fleet Risk Management Forum enter code #FleetRiskForum
Very cheap car insurance is a little bit closer in UK
It is easy to compare cheap car insurance in UK. Whether you are responsible for your household budget or business budget it is easy to compare the cost of car insurance in UK.
It is not always to beat the car insurance renewal price. That can depend on car insurance market fluctuations.
UK car insurance premiums biggest annual fall in average price since 2014
The cost of a comprehensive motor insurance policy fell 11 percent in the UK between April and June 2018 compared to the same period last year.
Willis Towers Watson insurance brokers has reviewed the cost of car insurance in UK for confused.com. The insurance broker has found that car insurance premiums have fallen for the fourth quarter in a row.
Improve your digital marketing strategy with BusinessRiskTV.com
Simple Digital Marketing Guide and Services
If you are a business owner or manager BusinessRiskTV shows you the best ways to get customers. Learn everything you need to know about digital marketing and digital advertising. Find more customers with our online marketing services.
Sell more online with our digital marketing and eCommerce services
Learn how to do digital marketing better and more cost effectively. Digital marketing help tips and advice to grow your business. Kick start an innovative digital marketing campaign today. Develop a new digital marketing strategy for your business.
Subscribe to BusinessRiskTV.com Digital Marketing Ideas for Free enter code #DigitalMarketing
Create and fine tune a dynamic digital marketing strategy
Make your business stand out from your competitors. Target your audience locally and globally.
Like all marketing it’s not an exact science. Your digital marketing needs to be super flexible and rapidly change. Rapid adjustments allows you to respond to rapidly changing customer needs.
Explore new markets. Cost effectively find new income streams to protect and grow business.
Make sure you beat competitors. Make your business findable. Make sure consumers and other businesses choose your business first.
Become more creative innovative and cost effective at finding new customers
We use various tools and techniques to improve digital marketing:
Search Engine Optimisation SEO
Creation of interesting content
Innovative use of social media
There is no silver bullet for digital marketing. If you have a massive digital marketing budget then this could be the solution. Is that sustainable digital marketing? Or is it a quick way to waste of pots of money?
Examples of digital marketing tools and techniques
We use a great number of digital marketing tools and techniques. Which ones we use for you depends on what you need.
vLogging – we create vlogs for you or you send us what you have created
Explore SME advertising options – if we don’t have what you need tell us what you need and we’ll find the best digital marketing technique for your business.
The above is not an exhaustive list cause what you need might be unique. Unique digital marketing solutions is what we develop every day.
Promote market and advertise your business products or services on BusinessRiskTV.com
Marketing is one of the most critical aspects of running a business. It is essential for any company, regardless of size or industry, to have a strong marketing strategy in place to attract and retain customers. With the rise of the internet and social media, digital marketing has become increasingly important for businesses to stay competitive in the modern marketplace. In this article, we will explore the concept of Get Visible Marketing and how it can help businesses thrive in today’s digital age.
What is Get Visible Marketing?
Get Visible Marketing is a term used to describe a marketing strategy that focuses on increasing a company’s visibility online. The goal of this strategy is to make it easier for potential customers to find a business when searching online for products or services that the company offers. This type of marketing is essential because it helps businesses stand out from the competition and reach new customers who may not have otherwise known about their business.
One of the key components of Get Visible Marketing is search engine optimisation (SEO). SEO is the process of optimizing a website to rank higher in search engine results pages (SERPs). When someone searches for a keyword related to a business’s products or services, the goal of SEO is to make sure that the company’s website appears at the top of the search results. This is important because most people don’t look beyond the first page of search results, so if a company’s website doesn’t rank well, they may be missing out on potential customers.
Another important aspect of Get Visible Marketing is content marketing. Content marketing is the creation and distribution of valuable, relevant, and engaging content to attract and retain a target audience. The content can be in the form of blog posts, videos, social media posts, infographics, and more. The goal of content marketing is to provide value to potential customers, establish a business as a thought leader in their industry, and ultimately drive sales.
Social media marketing is also an essential component of Get Visible Marketing. Social media platforms like Facebook, Twitter, and LinkedIn provide businesses with an opportunity to connect with potential customers and promote their products or services. Social media marketing involves creating and sharing content on social media platforms to engage with followers, increase brand awareness, and drive website traffic.
Why is Get Visible Marketing important for businesses?
Get Visible Marketing is crucial for businesses because it helps them stand out in a crowded marketplace. With so many businesses competing for the attention of consumers, it can be challenging to get noticed. By focusing on increasing visibility online, businesses can reach more potential customers and increase their chances of success.
Another reason why Get Visible Marketing is important is that it is cost-effective. Traditional advertising methods like TV and radio ads can be expensive, and the ROI is often difficult to measure. Get Visible Marketing, on the other hand, is relatively inexpensive, and the results can be easily tracked and analysed.
Additionally, Get Visible Marketing is essential because it allows businesses to connect with customers on a more personal level. By creating valuable content and engaging with customers on social media, businesses can establish themselves as thought leaders in their industry and build trust with potential customers. This can lead to increased customer loyalty and higher sales in the long run.
How can businesses implement Get Visible Marketing?
Implementing a Get Visible Marketing strategy requires a well-thought-out plan and consistent effort. Here are some steps that businesses can take to get started:
Define your target audience: The first step in implementing a Get Visible Marketing strategy is to define your target audience. Who are the people that are most likely to buy your products or services? What are their interests, pain points, and needs? By understanding your target audience, you can create content that is relevant and engaging to them.
Conduct keyword research: Keyword research is essential for SEO. By researching the keywords that your target audience is searching for, you can optimise your website and content to rank higher in search engine results pages. Tools like Google Keyword Planner can help you identify the keywords that are most relevant to your business.
Create valuable content: Content marketing is a critical component of Get Visible Marketing. By creating valuable content that educates, entertains, or solves a problem for your target audience, you can attract potential customers to your website. Make sure your content is well-written, engaging, and optimised for SEO.
Optimise your website: SEO is crucial for Get Visible Marketing. Make sure your website is optimized for the keywords that your target audience is searching for. This includes optimising your website’s meta tags, URLs, and content. You should also ensure that your website is mobile-friendly, as more and more people are using mobile devices to search the internet.
Engage with your audience on social media: Social media is an essential component of Get Visible Marketing. Create social media accounts for your business on platforms like Facebook, Twitter, LinkedIn, and Instagram, and post regularly to engage with your followers. Use social media to promote your content, share news about your business, and connect with potential customers.
Track and analyse your results: Finally, it’s essential to track and analyse your results. Use tools like Google Analytics to monitor your website traffic and track your social media engagement. This will help you identify what’s working and what’s not, so you can adjust your strategy accordingly.
Get Visible Marketing is a powerful strategy for businesses looking to increase their visibility online. By focusing on SEO, content marketing, social media marketing, and other tactics, businesses can attract more potential customers and establish themselves as thought leaders in their industry. However, implementing a successful Get Visible Marketing strategy requires a well-thought-out plan and consistent effort. By defining your target audience, conducting keyword research, creating valuable content, optimising your website, engaging with your audience on social media, and tracking your results, you can increase your chances of success in today’s digital age.
How to grow a small business tips with BusinessRiskTV
Subscribe to BusinessRiskTV for free How To Grow Business Tips by email
Learning how to grow a small business into a large business is not easy. BusinessRiskTV offers how to grow business tips advice and support services. Network with business leaders and risk professionals to learn how to grow a business online faster.
What must you do today to grow your small business? Learn how to grow revenue and profit faster that your industry norm. Our experts work alongside SMEs to design and implement business growth plans.
Put your products or services in front of new buyers more innovatively and dynamically
Link into your existing sales process direct from BusinessRiskTV. Increase the number of your revenue streams more profitably. Grow your business faster more sustainably.
Running a successful business is never an easy task. There are always challenges to be faced, risks to be managed, and competitors to be outsmarted. That’s why it’s important to have a solid strategy in place, and to constantly evolve and adapt as your business grows and changes.
One resource that can be incredibly helpful for business owners looking to grow their companies quickly is BusinessRiskTV.com. This online platform offers a wealth of resources and information designed to help businesses manage risk, navigate challenges, and stay ahead of the competition. In this article, we’ll explore some of the ways that BusinessRiskTV.com can help you grow your business fast.
Understanding the Risks
One of the first steps to growing your business quickly is to understand the risks involved. BusinessRiskTV.com offers a range of resources and information to help you identify potential risks to your business, and to develop strategies to mitigate those risks.
For example, the platform provides access to a range of risk management tools, including risk assessments, risk registers, and risk mapping tools. These tools can help you identify the areas of your business that are most vulnerable to risk, and to develop strategies to mitigate those risks.
In addition to these tools, BusinessRiskTV.com also offers a wealth of information and resources on risk management best practices. This includes articles, whitepapers, and case studies that provide insights and advice on how to effectively manage risk in your business.
Navigating Regulatory Compliance
Another challenge that businesses face when trying to grow quickly is navigating complex regulatory requirements. BusinessRiskTV.com can help you stay on top of regulatory compliance, with resources and information on everything from data protection regulations to health and safety requirements.
The platform provides access to a range of compliance tools and resources, including compliance checklists, compliance calendars, and compliance training materials. These resources can help you ensure that your business is meeting all of its regulatory obligations, and can help you avoid costly fines and penalties.
Networking and Collaboration
Another key factor in growing your business quickly is networking and collaboration. BusinessRiskTV.com provides a range of networking and collaboration opportunities, including forums, webinars, and events.
The platform’s forums are a great place to connect with other business owners and industry experts, and to share ideas and insights. The webinars and events offered by BusinessRiskTV.com provide opportunities to learn from industry leaders, and to connect with potential partners and collaborators.
In addition to these networking opportunities, BusinessRiskTV.com also offers a range of collaboration tools, including project management tools and document sharing platforms. These tools can help you collaborate effectively with partners, suppliers, and other stakeholders, and can help you streamline your business processes.
Marketing and Promotion
Finally, effective marketing and promotion is essential for growing your business quickly. BusinessRiskTV.com offers a range of marketing and promotion resources, including advertising opportunities, content marketing tools, and social media promotion tools.
The platform’s advertising opportunities include banner ads, sponsored content, and email marketing campaigns. These can help you reach a wider audience and promote your products and services to potential customers.
The content marketing tools offered by BusinessRiskTV.com include access to a range of industry-specific blogs, as well as content creation and distribution tools. These can help you create and promote content that resonates with your target audience, and can help you establish your brand as a thought leader in your industry.
Finally, BusinessRiskTV.com offers a range of social media promotion tools, including social media management software and analytics tools. These can help you track the performance of your social media campaigns, and can help you identify opportunities to improve your social media marketing strategy.
BusinessRiskTV.com is an excellent resource for businesses looking to grow quickly. The platform offers a range of tools, resources, and networking opportunities designed to help businesses manage risk, navigate complex regulatory requirements, collaborate effectively, and market and promote their products and services to a wider audience.
By taking advantage of these resources, businesses can not only grow quickly but can also do so while managing risk effectively. The platform provides access to a wealth of information and resources, as well as opportunities to connect with other business owners and industry experts.
In a world where competition is fierce, having access to the right resources can make all the difference. With BusinessRiskTV.com, businesses can gain a competitive advantage by staying ahead of the curve and effectively managing risk, while also building valuable relationships and promoting their products and services to a wider audience.
Overall, BusinessRiskTV.com is a valuable resource for any business looking to grow quickly and effectively. Whether you’re just starting out or are looking to take your business to the next level, this platform can provide the tools and resources you need to succeed in today’s fast-paced business environment.
Read the latest digital guru tips to boost your online presence and increase your online sales with BusinessRiskTV
Tap into BusinessRiskTV digital guru services tips and advice. Promote market and advertise your business more cost effectively online. Use our eCommerce solutions to grow your online sales quicker. Use our risk management guru service to protect and grow your business with less uncertainty.
Reach influencers key decision makers and the business leaders who will buy from your business
We will become your secret weapon in the battle to win new business more profitably. Our digital guru services include writing copy in the right place for your business to attract new customers. Digital gurus will back up the copy with suitable photos images and video content. Get help to find new customers. Make people find your great products or services you offer. Help them understand why they should buy from you today.
Our digital gurus service will promote your business. We will use our websites and social media to reach as many consumers and business leaders as possible. Do it more cheaply so your marketing budget will go further. Grow you profit faster.
Small Business Online Digital Guru enter code #DigitalGuru
Digital marketing promotion and advertising tips advice and support. Use social media and online marketing in clever and interesting ways. Creatively and innovatively grow your business. Increase your profit sustainably.
Feature Are You Using Your Social Media To Best Effect On Your Business
Social media is relatively easy to setup. It is even easy to use. Why then do many many businesses not use their on social media accounts?
Subscribe to BusinessRiskTV.com Social Media Marketing Consulting Services enter code #SocialMediaMarketing
If you use your own social media accounts better it can boost your business brand increase sales and cost effectively grow your business faster.
Risk Management Guru
Better protect and grow your business with less uncertainty.
Develop your knowledge and understanding of key business risks with BusinessRiskTV Risk Management Experts
Understand your future business threats and opportunities better with BusinessRiskTV
Protect yourself and benefit from innovation driven business growth
The 4th Industrial Revolution is upon us. For some it will be a plague but for others it’ll will be a feast.
Every day you can find multiple great ideas that could potentially disruptive the current way of doing things. My favourites at the moment are flying modes of transport that could easily replace vehicles that have to travel on roads and flying machines that briefly go to space to get to their destination quicker. They may seem like far off technological developments, but the technology works now. Its flight rules and regulations that will hold them back to protect carmakers and airplane makers not technology risks.
Everyday new innovative ideas and products flood onto the market. For most it will be like Tomorrows World. The innovative ideas will not be sustainable. We want to work with people who want to take over the world in a good way!
Pull in our resources to make innovation-driven business growth more likely to succeed and maximise the return of your investment of time and money.
Subscribe to BusinessRiskTV.com and enter code #BusinessDisruptors
If you don’t have time to be innovators you may need to find time to protect against business market disruptors
Fatal existential business decisions are easy to see in hindsight. Foresight consultants can help you take steps to protect yourself from your own poor business decisions.
Anyone can take a wrong turn. If you’re lucky the decision may not be malignant. You might survive to fight another day. On the other hand.
Pro Risk Manager Service
Your brand maybe vulnerable to others who have been thinking differently, or from changes to the marketplace. It may fail cause your performance ain’t good enough, or because your competitors change the rules of the game.
How you fail may not matter too much after you’ve failed. It will be too late to consider what you are doing wrong. Kodak didn’t want to change when they had to change to survive. They were making too much money from photographs to change to embrace digital photography. Market changes can kill the best businesses.
The best form of defence is often attack
Being more innovative or creative can be frightening. Picking the wrong horse in a paddock of new opportunities can be very costly. Innovation can also be exciting and highly rewarding.
We aim to make innovation for you more exciting and rewarding as well as reducing the uncertainties that accompany innovation and creativity. Disruptive innovators can draw on our tips advice and support to become more successful with more certainty.
BUSINESSRISKTV DISRUPTIVE INNOVATION BUSINESS GROWTH OR PROTECTION
Solve your business problems faster with BusinessRiskTV.com
Answering your workplace and business protection and growth questions
SME entrepreneurs and business leaders face many barriers to business resilience and sustainable business growth. Our business management experts help you overcome barriers to business success.
Find out for free how to protect your business better and grow it faster.
From SME finance to making SME borrowers more attractive to financers including banks.
Ask questions about your energy bills and tariffs and how to switch to a better deal.
Develop a new strategy for faster sustainable business growth in the UK and overseas.
Small and medium sized business owners and managers can find out business solutions to their problems for free on BusinessRiskTV SME Business Question Time workshops.
Get expert advice tips and support for your business in UK. Pick the brains of other business leaders to garner the secrets to their successful SME business project. We put the questions you really need answers for to business management experts so you can overcome barriers to your success more quickly without reinventing the wheel.
No one person can answer all your questions relating to your business problems so we ask along specific industry or country risk experts to help your business address real-life issues restricting your success.
BusinessRiskTV Business Agony Uncle
Do you have a business or SME related query you need an answer for?
Get in touch and we’ll put together a panel of business experts to answer your questions for free. Complete the form below to set the questions we wil find answers to in coming Business Question Time Online Workshops.
Entrepreneurship tips advice and support on BusinessRiskTV. Entrepreneur business articles. Entrepreneurs sharing best practices to help other entrepreneurs. Find best entrepreneur and business forums for your business ideas and problems.
Take control of your future for more successful outcomes. Identify assess and manage future risks today. Make the future you want for your business by being better informed via our horizon scanning services.
Business News Headlines Debate Opinions and Enterprise Risk Analysis
Access tips entrepreneurs to be successful from your phone pc or mobile device. Pick up tips for success in business.
Are you an aspiring entrepreneur who wants to start a business on your own?Have you just set up a business and need help you overcome a business problem? Become a more successful entrepreneur with BusinessRiskTV.
Entrepreneur tips and strategies
Advice for aspiring entrepreneurs can overcome problems faster. Improve your foresight to adapt your business for improved success in future.
Identify a suitable business mentor to make progress faster and reduce uncertainty. Ask top business leaders to share their advice for entrepreneurs. Use our business coaching webinars to find out more about best working practices.
Great Marketing Solutions for Every Business Owner with BusinessRiskTV
BusinessRiskTV Marketing Solutions
As a business owner, it’s essential to find the right marketing solutions that can help you attract new customers, increase your brand awareness, and ultimately grow your business. However, with so many marketing channels and strategies available, it can be challenging to know where to start and what to focus on.
Fortunately, BusinessRiskTV is a platform that offers great marketing solutions for every business owner, regardless of their size or industry. In this article, we’ll explore some of the best marketing solutions offered by BusinessRiskTV and how they can benefit your business.
BusinessRiskTV Directory Listing One of the simplest yet effective marketing solutions offered by BusinessRiskTV is their directory listing service. By listing your business on their directory, you can increase your online visibility and make it easier for potential customers to find you.
BusinessRiskTV’s directory is organised by industry and location, making it easy for users to find businesses that match their needs. By listing your business on their directory, you’ll also benefit from increased exposure to BusinessRiskTV’s user base, which includes business owners, entrepreneurs, and investors.
BusinessRiskTV Video Marketing Video marketing is becoming an increasingly popular way for businesses to reach new customers and engage with their existing ones. BusinessRiskTV offers a range of video marketing solutions, including:
Video production: BusinessRiskTV can help you create high-quality videos that showcase your products or services, share your brand story, or provide educational content that helps your customers.
Video hosting: Once your videos are produced, BusinessRiskTV can host them on their platform, making it easy for you to share them on social media or embed them on your website.
Video promotion: BusinessRiskTV can also help promote your videos to their user base, increasing your exposure and engagement.
BusinessRiskTV Social Media Marketing Social media is a powerful tool for businesses to connect with their customers and build brand awareness. BusinessRiskTV offers a range of social media marketing solutions, including:
Social media management: BusinessRiskTV can help you manage your social media presence by creating and scheduling posts, monitoring your accounts for engagement, and providing analytics to track your progress.
Social media advertising: BusinessRiskTV can help you create and run social media ads that target your ideal audience and drive traffic to your website or landing pages.
Influencer marketing: BusinessRiskTV can connect you with social media influencers who can help promote your products or services to their followers.
BusinessRiskTV Content Marketing Content marketing involves creating and sharing valuable content that attracts and engages your target audience. BusinessRiskTV offers a range of content marketing solutions, including:
Blogging: BusinessRiskTV can help you create and publish blog posts that share your industry insights, highlight your products or services, or provide educational content for your customers.
Email marketing: BusinessRiskTV can help you create and send email newsletters that keep your customers informed about your business and provide them with exclusive offers or promotions.
Whitepapers and eBooks: BusinessRiskTV can help you create longer-form content such as whitepapers and eBooks that provide in-depth information about your industry or products/services.
BusinessRiskTV SEO Search engine optimisation (SEO) is the practice of optimising your website and online content to rank higher in search engine results pages (SERPs). BusinessRiskTV offers a range of SEO solutions, including:
On-page SEO: BusinessRiskTV can help you optimise your website’s structure, content, and metadata to make it more search engine-friendly.
Off-page SEO: BusinessRiskTV can help you build high-quality backlinks to your website, which can improve your search engine rankings.
Local SEO: BusinessRiskTV can help you optimise your website and online listings to rank higher in local search results, making it easier for local customers to find and connect with your business.
BusinessRiskTV Event Marketing Hosting events is a great way for businesses to connect with their customers and build brand awareness. BusinessRiskTV offers a range of event marketing solutions, including:
Event planning: BusinessRiskTV can help you plan and organize events that showcase your products or services, provide educational content for your customers, or build relationships with industry leaders.
Event promotion: BusinessRiskTV can help promote your events to their user base, as well as create and distribute promotional materials such as flyers and social media posts.
Event management: BusinessRiskTV can help you manage your events, from registration and ticketing to on-site management and post-event follow-up.
BusinessRiskTV Branding and Design Branding and design are crucial components of any marketing strategy. BusinessRiskTV offers a range of branding and design solutions, including:
Logo design: BusinessRiskTV can help you create a logo that reflects your brand identity and resonates with your target audience.
Brand identity: BusinessRiskTV can help you develop a cohesive brand identity that includes your logo, colour scheme, typography, and other visual elements.
Graphic design: BusinessRiskTV can help you create eye-catching graphics for your website, social media, and marketing materials.
BusinessRiskTV offers a wide range of marketing solutions that can benefit businesses of all sizes and industries. From directory listings to video marketing, social media management, content marketing, SEO, event marketing, and branding and design, there’s something for every business owner looking to increase their online visibility, attract new customers, and grow their business.
By partnering with BusinessRiskTV, you can access these marketing solutions and benefit from their expertise in the field. They have a deep understanding of the latest marketing trends and strategies, as well as a user base that spans industries and regions.
If you’re looking for great marketing solutions for your business, consider partnering with BusinessRiskTV to take your marketing efforts to the next level.
#BusinessRiskTV #Entrepreneurs
BusinessRiskTV Entrepreneur Advice For Aspiring Business Owners
BusinessRiskTV offers business leaders the opportunity to ask questions that are answered directly by risk experts around the world
Join our business risk experts to help your business grow faster with less uncertainty. We welcome questions from business leaders or risk professionals. Ask our our business experts about business threats and opportunities to improve your business performance.
Subscribe to BusinessRiskTV Ask The Business Experts for free alerts to upcoming expert panels and bulletins summarising recent events
Ask our panel of business risk experts give their top business tips on a range of risk management topics to help you run a better business.
Improve your business performance to be more successful. Looking for answers to specific business problems? Ask our panel of business experts.
Get business protection answers to build your resilience to all corporate risks. Find new business growth strategies to become more successfully personally and corporately. Fast track your business past common barriers to business success.
We are looking to answer your business questions quickly easily and for free. Small and medium sized business leaders solving all business problems with the help of business risk experts and other members who’ve already solved your problem.
Ask Business Risk Experts
Risk Assessment Questions and Answers
BusinessRiskTV members. Submit your business questions for our panel of business risk management experts to respond to. It is free to become a BusinessRiskTV.
Subscribe today!
Enter code #ASKTHEEXPERTS and tell us what your business problem is
Its about connecting business leaders to local suppliers more easily
Local Suppliers Near Me Service
Local Suppliers Near Me
The benefits of local sourcing of business products and services are many and varied from environmental benefits to real cost savings to security of supply lines to flexibility of delivery.
In the UK it is more expensive to import goods and services from overseas due to around a 10 to 20 percent fall in the value of the pound against a basket of foreign currencies in the last 12 months. Where there may have been a substantial price difference between imports and domestic suppliers, this has mostly gone as can be witnessed by the fact that the UK is exporting more now that at any time since 1995.
BusinessRiskTV is championing local UK suppliers
We’re helping to connect UK companies with nearby local suppliers when business leaders source new products and services.
Stand out more from the crowd! Support UK businesses. Help promote local business growth by supporting your local business. Get real added benefit from new local suppliers and support them to help your own business needs. Help new local suppliers to grow with you for a long-term business relationship. Develop a more sustainable business model.
Sourcing products from around the world can lead to more cost and more business interruptions and less flexibility in meeting your customer needs.
Develop shorter local supply chains to build your business with more certainty. In a new Brexit world developing more local suppliers will guard against the negative impact of currency fluctuations.
Undertake thorough due diligence to ensure your new local suppliers are not going to increase the risks to your customers. Trust BusinessRiskTV to help you buy local next time.
Learn how to become one of our Local Suppliers by subscribing FREE to BusinessRiskTV
Learn how to become one of our Local Suppliers by subscribing FREE to BusinessRiskTV
Enter code LOCAL SUPPLIER SIGN UP
Nearby Risk Management News Analysis ReviewsReducing the risk of supply chain disruptions with BusinessRiskTV.com
Making better business decisions with BusinessRiskTV
UK Business Growth Opportunities
Business leaders need confidence in their decision making and entrepreneurial thinking to find new business opportunities.
Positive Risk Management
Look at the world through an improving business and economic environment. The UK is strong and set to get stronger
Supporting Entrepreneurs and Intrapreneurs
Are You an entrepreneur of business leader who is procrastinating or fearful of the future
The UK has the skills and ability to be greater than it is right now
Don’t listen to the doom-mongers! The UK has more opportunities to grow faster than it has had in front of it for decades. Don’t look back at today and think, “I wish I had seized the day”. The time for waiting is over. Today will be the past and your great historic past is for the making now!
Business Leaders Need To Cut Their Cloth Accordingly
Are there huge economic uncertainties just now?
Of course! When haven’t there been significant uncertainties for business? However, should we wait before investing time and money in our future? Absolutely not! This is the time for sowing the seeds of your future success. Businesses in the UK have so many opportunities for growth.
Where are the growth opportunities ?
Well have you looked properly! They are there. Your competitors may have spotted them. Look and you shall find!
Too much noise and not enough action!
Everybody is busy, but being busy doesn’t mean to say you’re in the growth business. Are you working hard but standing still? Have you got the talent, the assets and the ambition but not the results you’d hoped for?
The UK was built on innovation and hard graft, but in the recent past, we’ve been grafting too much and not innovating enough. The UK’s business leaders need to think smarter, not just work harder.
I could do with some help here mate!
Talk is cheap! I hear you! However, talking with like minded innovators who want to move to the action phase quickly might produce new business growth for your company.
Do most business leaders want the same thing – growth? Presumably none want to down-size. Many are happy to stay the same, though few businesses can survive by staying the same.
Many of your peers are happy to share ways to overcome barriers to business survival and business growth. No one person knows it all and even if they did, what they learnt would soon be out of date. Unless you keep up to date with best practices and evolving methods of working, you are going backwards behind competitors.
Sometimes we need to be inspired by the actions of others
Olympic competitors are inspired by the achievements of other Olympians. They may be at the top of their game, but they can still be inspired by the success of their peers.
Balanced Enterprise Risk Perspective
Are you taking too little or too much risk? Poor business performance can come from too much, or too little risk.
Getting access to the horse’s mouth
If you don’t know – ask for free! It is highly unlikely that your business problems are totally unique. They might be unusual and have a different impact on your business, but the solution to your business problems have almost certainly already been found at another business somewhere in the world.
It is important to get risk into the right perspective. If you don’t know enough about your enterprise risks, it is possible that you are being overly cautious. Alternatively you might be acting (or not acting) recklessly, and are on the edge of catastrophic disaster, due to lack of risk knowledge. Are you deliberately not asking questions cause you might not like the answers?
Are you an entrepreneur or business leader who is procrastinating?
Become a Risk Management Online member to access enterprise risk management collaboration for faster business growth and better business protection.
10 Essential Habits to Nurture and Develop as an Entrepreneur
Becoming a successful entrepreneur requires more than just having a great business idea. It involves nurturing certain habits that can help you navigate the challenges and uncertainties of the entrepreneurial journey. In this article, we will explore ten essential habits that aspiring entrepreneurs should cultivate to foster personal and professional growth. By incorporating these habits into your daily routine, you can enhance your entrepreneurial mindset and increase your chances of success.
Embrace Continuous Learning. One of the key habits for nurturing an entrepreneurial spirit is a commitment to continuous learning. Successful entrepreneurs understand that knowledge is power, and they never stop seeking opportunities to expand their expertise. They read books, attend seminars, listen to podcasts, and engage in online courses to stay updated with the latest industry trends and developments. By fostering a thirst for knowledge, you can make informed decisions, adapt to changing circumstances, and position yourself as an expert in your field.
Cultivate Resilience. Entrepreneurship is a challenging endeavour, often marked by setbacks and failures. To navigate through these hurdles, it is crucial to cultivate resilience. Successful entrepreneurs view failures as learning opportunities and bounce back stronger. They develop a positive mindset, practice self-care, and surround themselves with a support network that encourages them during tough times. By embracing resilience, you can overcome obstacles, stay motivated, and persevere on your entrepreneurial journey.
Foster Creativity. Creativity is at the heart of entrepreneurship. To nurture your entrepreneurial spirit, make creativity a daily habit. Allow yourself to think outside the box, challenge conventional wisdom, and explore new ideas. Engage in activities that stimulate your creativity, such as brainstorming sessions, mind mapping, or artistic endeavors. By fostering creativity, you can generate innovative solutions, differentiate yourself from competitors, and seize new opportunities.
Practice Effective Time Management. Time management is crucial for entrepreneurs who juggle multiple responsibilities and tasks. Develop habits such as setting clear goals, prioritising tasks, and utilising productivity tools. Identify your most productive hours and allocate them to the most critical activities. Additionally, delegate tasks and outsource non-essential activities to free up your time for strategic decision-making and growth-oriented pursuits. Effective time management will enhance your productivity, reduce stress, and enable you to make the most of each day.
Build a Strong Network. Successful entrepreneurs understand the power of networking and relationship building. Cultivate the habit of attending industry events, joining professional organisations, and actively engaging in online communities. Surround yourself with like-minded individuals, mentors, and potential partners. By building a strong network, you gain access to valuable resources, receive guidance from experienced entrepreneurs, and open doors to new opportunities.
Develop Effective Communication Skills. Effective communication is vital for entrepreneurs, whether it’s pitching ideas to investors, collaborating with team members, or connecting with customers. Practice active listening, articulate your thoughts clearly, and develop strong interpersonal skills. Embrace different communication channels, including public speaking, writing, and digital platforms. By honing your communication skills, you can convey your vision persuasively, build strong relationships, and inspire others to support your entrepreneurial endeavors.
Embody Adaptability. In today’s fast-paced business environment, adaptability is essential for entrepreneurial success. Develop the habit of embracing change, seeking feedback, and staying flexible in your approach. Be willing to pivot when necessary and adjust your strategies based on market trends and customer feedback. By embodying adaptability, you can stay ahead of the curve, seize emerging opportunities, and navigate through uncertain times with confidence.
Prioritise Self-Reflection. Entrepreneurs often get caught up in the daily grind and neglect self-reflection. However, taking time to evaluate your progress and introspect is crucial for personal and professional growth. Cultivate the habit of journaling, meditation, or mindfulness practices. Reflect on your accomplishments, challenges, and areas for improvement. By prioritising self-reflection, you gain clarity, make better decisions, and develop a deeper understanding of yourself and your entrepreneurial journey.
Embrace Risk-Taking. Entrepreneurship inherently involves taking risks. To nurture your entrepreneurial spirit, develop a habit of calculated risk-taking. Understand the potential rewards and consequences of each decision, conduct thorough research, and trust your instincts. Learn from failures, iterate, and adapt. By embracing calculated risk-taking, you can uncover new opportunities, gain a competitive edge, and propel your entrepreneurial ventures forward.
Practice Resilience. Resilience is the ability to bounce back from setbacks and challenges. As an entrepreneur, it is crucial to develop resilience as a daily habit. Surround yourself with a supportive network, take care of your physical and mental well-being, and maintain a positive mindset. View failures as learning experiences, embrace challenges as opportunities for growth, and persevere in the face of adversity. By practicing resilience, you can overcome obstacles, maintain your focus, and ultimately achieve long-term success.
Nurturing an entrepreneurial spirit requires the cultivation of specific habits that foster personal growth, resilience, and adaptability. By embracing continuous learning, cultivating resilience, fostering creativity, practicing effective time management, building a strong network, developing effective communication skills, embodying adaptability, prioritising self-reflection, embracing risk-taking, and practicing resilience, you can enhance your entrepreneurial mindset and increase your chances of success. Incorporate these habits into your daily routine, and watch yourself grow into a successful and thriving entrepreneur.
BUSINESSRISKTV PICK THE WINNING HORSES IN BUSINESS
Subscribe to BusinessRiskTV Learn How To Increase Sales for free tips and bulletins
How to improve sales performance with BusinessRiskTV. Discover unique ways to increase sales. Network with top business leaders and risk professionals to increase sales.
Promote and market your business with BusinessRiskTV for 12 months
Reach influencers key decision makers and the business leaders who will buy from your business
How To Get More Sales
For a business to be sustainable it needs to increase sales from existing customers or find new customers. Learn how BusinessRiskTV can help you to increase your sales.
Competition for new customers is tough. Getting seen before your competitors products or services are may mean the difference between a new sale or lost opportunity to grow faster.
Risk Management Think Tank Building Faster Growth
Want To Develop A New sales strategy?
Increase your sales. Boost your profit. Grow faster with less uncertainty.
How It Works
Contact us to schedule an online meeting and discussion about your business needs
We will submit a proposal to create a new sales strategy running alongside your existing sales and marketing or in addition
We will implement the new sales strategy agreed plan to grow your business faster more profitably.
You review how successful it has been for your business. If it was successful you ask us to repeat!
Subscribe to BusinessRiskTV.com to learn how to increase sales enter code #IncreaseSales
