How To Overcome Threats In Business

Manage your business risks better with BusinessRiskTV

Focusing your limited business resources on key business threats maximises your business resilience and minimises risk of business interruption or even catastrophic failure. Fulfill your business targets more easily with better business risk management. Stop wasting time and money on unnecessary business losses. Maximise your profit.

Learn how to cope better with threats to your business plan with BusinessRiskTV

Identify assess and manage the biggest threats to your business.

  • Can we eliminate threats? Unlikely that most key threats of being in business can be eliminated. However most can be mitigated or minimised. With limited time and money for risk management, we need to focus our resources on threats that will bring greatest return.
  • How do you change threats to opportunities? During the business risk management process you will realise that not only can you reduce threat from bad risk events but you will identify new ways of doing things that will enable you to seize new business growth opportunities.
  • What are the threats of a business? The key threats to manage are the ones that could impact on your business objectives. Within the same industry, one business can have different key threats that need to be managed differently from a competitor in same business. Your business risk management plan needs to be bespoke to your business.

How do you deal with opportunities and threats? Your business risk management strategy should encompass both threats and opportunities not just threats to maximise benefit of time and money invested in enterprise risk management methodology.

How to manage threats to your business

We provide a range of risk management services to help inform your business decision making process. From providing business risk management news opinions and risk reviews to business risk management mentoring and training to enterprise risk management audits.

External Threats and Internal Threats To A Business

Some threats come from outside your business. Other business threats come from within. Knowing what you can and cannot control is part of developing the best business risk management strategy for your business. You need to look outwards to the horizon to fully assess external business risk drivers. You need to look deep inside your own business to appropriately and adequately assess the real risks within your business.

What are the major opportunities and threats in your business you can expect to experience

Our business risk management services can be focused on just your industry or your country.

Which of the company’s strengths can be used to take advantage of the identified opportunities

Make sure you make full use of your business strengths to fully exploit your opportunities for faster business growth.

Find out how to identify assess and manage business risks better with BusinessRiskTV

Enter code Threats

How to overcome threats in business

Ways To Improve Business Performance with BusinessRiskTV

Use our Pro Risk Manager service to reduce the impact of uncertainty on your business objectives

Explore new ways to grow your business online with BusinessRiskTV. Grow your business online today. Learn how to expand business with our help and support.

How to grow your business fast with BusinessRiskTV

Benefits of proactive risk management

Celebrate Your Online Business Growth With Pro Risk Manager

Our Pro Risk Manager service will protect your business better and provide practical tools and techniques to increase your online sales to maximise your profit.

Increase brand awareness ideas

How To Increase Brand Awareness

Brand Awareness Campaign Ideas With BusinessRiskTV.com

If people searching for your type of products or services do not find you they will go to your competitors

Improving business performance

Enterprise Risk Management Health Check

Enterprise Risk Management Health Check

There are many ways to improve your business performance. Are you suffering interruptions to your normal business trading ability? Could you be missing opportunities to increase your online sales? Are you really making your existing assets and resources work productively and efficiently?

Online Exhibition Platform

Online Exhibition Platform
Online Exhibition Platform With BusinessRiskTV

We have a number of virtual exhibition platforms to showcase the best of your business online. Pick the best online exhibition platform for your country or industry.

Best Virtual Exhibition Platform

Virtual Exhibition Platform To Showcase Your Business Products and Services To Buyers Already Interested In Your Type Of Business Offering

Innovative ideas for company growth

Economic Outlook and Global Uncertainties Management

Business Growth With Less Uncertainty Forums

Business Coaching Packages

Business Coaching Services

Business Coaching Services

Your dedicated online business coach will work with you and your colleagues to help drive your business forward faster

Online Business Coach

Look at your business risks through the eyes of other business risk management experts

A fresh pair of eyes will help you see threats to your business assets and opportunities for business growth. Build your business resilience and develop your online income streams with BusinessRiskTV risk management experts.

Reduce cost of being in business and boost your purchasing power

Enterprise Risk Management Explained

Enterprise Risk Management Best Practices Explored Online With BusinessRiskTV.com

Ways To Improve Business Performance with BusinessRiskTV

LiveStream Shopping Platform

Use our livestream selling platform to grow your business faster more profitably

LiveStream Shopping Will Grow Your Business With Help From BusinessRiskTV

Our Live Stream Shopping Platform will boost your profit. Increase your reach to new customers to expand your online sales. Adopt good eCommerce solutions to improve your cash flow and strengthen your business resilience. Tap into rising demand for an online shopping experience with live video shopping. Our live video selling opportunities will increase your online sales conversions. Our LiveStream shopping experience incorporates live video content, interactive communication with potential new buyers and the ability for new customers to seamlessly buy or save featured products or services directly from you online.

Livestream Shopping enables your new audience explore your offering. Potential new customers will interact through their comments, likes and eCommerce opportunities to sell more online.

Offer LiveStream Shopping to your online audience with BusinessRiskTV

Sell your products or services direct to new buyers who discover your brand online with our help. Sell more locally nationally and even globally. Our live-shopping platform will increase your online sales and your profit.

  • Solve new potential customer problems before they move on.
  • Grab their online purchasing power before your competitors do.
  • Ask buyer blocking questions to make it easier for people to buy there and then online.

The heightened level of engagement with potential new customers gives you more time to showcase why new customers should buy from you and buy today!

Flash Sales To Fill Unused Service Capacity Or Unsold Stock

Deploy our LiveStream Shopping Service to maxise your profit when you want to. Give more people the opportunity to grab and bargain whilst you boost your profit.

  • Grow your business faster with BusinessRiskTV help.
  • Create a new brand live experience for your potential new customers.
  • Expand your online sales faster.

Our flexible cost-effective Live Shopping Service will more rapidly flex your online sales. Start selling more products or services online with our new live selling service. Live streaming combine with E-commerce will secure boost your online sales. Our interactive live-streaming ecommerce platform brings potential new customers to your business more quickly more profitably.

Sell to new customers down the road or to the other side of the world

BusinessRiskTV.com Free Subscription Online

Make Products Shoppable With Livestream

To make your products or services more shoppable through live streaming in the UK, you can follow these tips:

  1. Showcase the products: Make sure to highlight the key features and benefits of your products during the live stream. Demonstrate how the products can be used and what makes them unique.
  2. Interact with your audience: Encourage your audience to ask questions and engage with them in real-time. This not only helps build trust but also provides valuable insights into what your audience is looking for.
  3. Offer special promotions: Consider offering exclusive deals or discounts to viewers who make a purchase during the live stream. This can create a sense of urgency and drive sales.
  4. Make the process seamless: Ensure that your e-commerce platform is integrated with your live stream so that viewers can easily make a purchase. Make the checkout process smooth and secure to minimise any friction.
  5. Partner with influencers: Consider partnering with influencers or social media personalities who have a large following in the UK. This can help you reach a wider audience and increase brand awareness.
  6. Utilise social media: Promote your live stream on your social media channels and engage with your followers. This can help drive traffic to your live stream and increase the chances of making a sale.
  7. Provide excellent customer service: Make sure to provide excellent customer service during and after the live stream. Respond promptly to any questions or concerns and follow up with customers to ensure they are satisfied with their purchase.

LiveStream Shopping Platform

7 Amazing Facts About Dominic Cummings and Continuity Planning

The UKs business continuity plan BCP for pandemic drafted over more than a decade under several governments was effectively written on the back of a fag packet!

The UK needs to prepare better for major risks to business economy and society. The UK and the world is now dealing with the impact of the Covid-19 pandemic. However it is clear from Dominic Cummings evidence before today’s joint parliamentary committee that the UK was not prepared for any pandemic despite pandemic risks being an acknowledged major threat to UK people businesses and society as a whole. What is your business doing to prepare for key significant threats to the survival of your business? How will you respond for known and unknown business risks? Who will manage your business sustainability through all business rough seas. Where will your existential threats come from? When will your business survival be challenged?

Business Resilience and Business Continuity Management

Some revelations from Dominic Cummings related to preparation of threats to continuity of life and business in UK include:

  1. People are ill prepared and potentially incompetent when responding to major risk events – senior people within the UK Civil Service and within political leadership are often promoted beyond their capability to react appropriately to mitigate impact of risk events.
  2. Written business or service continuity plans are poorly drafted and useless upon the occurrence of major risk events – the UK Civil Service and UK politicians across the political spectrum whilst in government failed to write suitable usable and effective plans to mitigate the impact of major risk events on UK businesses economy and society as a whole.
  3. Some people on your team will react poorly to the demands placed upon them from major risk events – just as in normal operating circumstances, during a disaster event and the recovery therefrom, people will perform poorly without the guidance support and direction from well written business continuity plan.
  4. Competing demands unrelated the major risk event will impede business recovery – the rest of the world will not stop spinning just because your business has been majorly interrupted due to a risk event. Your business continuity plan needs to accommodate continuation of normal business risks as well as recovery from major risk events.
  5. Delaying business decision making during a recovery of major risk event can increase the damage experienced by the business – procrastination due to fear you make wrong decisions can in itself cause further business damage.
  6. Group Think can cause increased damage following major risk event – just because everyone is pulling together to recover from major risk event does not mean you are doing the best thing for your business. Decisions made using bad thinking can exasperate the damage to a business trying to recover from major incident.
  7. Leaders can only make good decisions based on good risk analysis and data – just because you are receiving data on the impact of risk event does not mean the best solutions will be chosen during the mania of major risk event.

It is clear that any government would have struggled to manage the risks from the Covid-19 pandemic. The Tory government struggled in England and made mistakes as did the SNP led government in Scotland and the Labour led government in Wales as well as the DUP led government in Northern Ireland. However, relying on the wit and off-the-cuff reactions of leaders in the event of major incidents leads to worse outcomes and longer interruption.

Dominic Cummings may have his own motives for his written and verbal words on the Covid19 pandemic. However, what is 100 percent certain is the inability of leaders to make good decisions without a proper practiced and revised business continuity plan.

Subscribe to BusinessRiskTV

Read more business risk management articles and watch live or ondemand videostreaming

Risk MagazineTraining
Continuity ManagementExperts Hub

7 Amazing Facts About Dominic Cummings and Continuity Planning

The #1 Thing People Get Wrong About Lloyds Bank

Do not tar Lloyds bank with the same toxic brush of the UK banking industry

People think Lloyds bank is a big bad bank that was part of the financial crisis of 2008. Lloyds bank was in fact one of the hero’s of the financial crisis. Lloyds bank saved the Halifax brand including the Bank Of Scotland whose executives were the real baddies along with the Royal Bank of Scotland now Natwest. By saving the Halifax plc group of bank brands it helped stop the implosion of the UK economy.

If Lloyds bank had not stepped in when it did, Halifax plc group of bank brands would have collapsed and a major domino would have irreparably damaged the UK economy. If we thought it was bad economically with austerity and job losses in UK, without Lloyd’s intervention to takeover Halifax plc it would have been catastrophic. Anarchy on the streets would have resulted and the UK would have entered a period of lifespan that would have been worse than World War 2. We came back economically after Word War 2. If Lloyd’s bank had not stepped in the UK would be more like Venezuela now.

From the financial crisis Lloyds Bank has tried hard to make matters worse including but not limited to PPI scandal where more than £20 billion pounds worth of shareholder value was destroyed. Incompetent greedy executives poorly directed employees to make repeated missteps post financial crisis 2008 to make matters worse. Added to this Lloyds bank has had to manage the risks from external sources including Brexit and Covid-19 pandemic.

However Lloyds bank is now very far from the perceived bad bank it had become. Prior to the 2008 financial crisis Lloyds bank was a boring bank. Investors loved the fact it was a traditional boring bank. It’s share price was £6 plus and it paid out relatively gigantic dividends every year to support pension funds, pensioners and other investors. Lloyds bank had no choice but to take over basket case Halifax plc. If Lloyds bank did not takeover Halifax plc basket of bank brands it is likely that Lloyd’s bank would have collapsed due to the domino effect. As Halifax plc and Royal Bank of Scotland folded they would have swamped the position of Lloyds bank as the UK economy went into a nosedive it is unlikely to have recovered from for many decades, if ever.

The only positive for Lloyds bank’s takeover of Halifax plc bank brands is that in all other circumstances Lloyds bank would never have been allowed to takeover Halifax plc by the UK competition authorities. Lloyds would have become too powerful in the marketplace. As it is, the only real risk to Lloyds bank is that it could be broken up as it is too dominant in for example the mortgage market.

  • Lloyds is the biggest player in the UK mortgage market. In a marketplace where the UK housing market is booming a share price of less than £0.45 is a joke!
  • Lloyds bank has come through the PPI scandal. Having destroyed shareholder value in the past, the laws have been changed to largely cap any future payouts under the PPI heading.
  • Brexit has now happened. Whether this is good or bad for the UK economy depends on which half of the UK adult population stand on Brexit. What is perhaps clear is that if it is going to impact negatively on the UK business community it is not going to be catastrophic. It may even been hugely beneficial to UK businesses. Lloyds bank will not be significantly impacted negatively by Brexit and may be impacted on the positive side.
  • The Covid-19 pandemic is far from over. However the UK vaccination programme and its likely adaptation to combat virus variations means the UK economy is now through the worst. The only question is how good will the future be? Lloyds bank can easily navigate the future risks if, as it has done, navigated the worst of the pandemic in the UK.
  • Another enterprise risk management article looks at the UK economy as a whole in the spring of 2021. Essentially most things point to exceptional UK economic growth through 2021 and 2022. Lloyds bank is perhaps uniquely placed to take advantage of any such economic growth. Its strategy is based on making money from UK consumer and UK business confidence and growth, both of which are at record all time highs.
  • If interest rates rise it will give all banks more opportunities to be profitable. With UK interest rate at record low of 0.1 percent banks will win from interest rate rises. Interest rates are not going to go negative.
  • Unemployment in UK is a key threat to UK banks. However many predict the UK unemployment is not going to be any way near as bad as was feared due to pandemic. Indeed if the vaccination roll out continues as hoped, unemployment rates are likely to be slightly above pre-pandemic levels. Certainly not at levels that would threaten Lloyds bank profit.
  • Lloyds bank has comparatively high profit margin compared to many UK banks so is more protected from downside risks.
  • UK consumers have paid off debt and saved more during the pandemic. When their spending power is fully unleashed on the UK economy post June 2021 the UK is going to see an economic growth not experienced since post World War 2 period. Lloyds bank is ideally placed via mortgage and non-mortgage lending to take advantage of this revitalisation of UK economy.

Lloyds bank was never the bad bank. It had to takeover the greedy and incompetent at Halifax plc. During that process it has had to manage internal and external risk drivers. It is likely that Lloyds bank’s worst days are behind it. Lloyds bank would have to work really hard to screw up its current opportunities for exponential growth.

The #1 Thing People Get Wrong About Lloyds Bank

Uncertainty of international trade expanding or contracting impacting on your business objectives

Sign up for our introduction to international trade risk analysis assessment and management with help of BusinessRiskTV and its risk expert network

Risk Management Toolbox Talk Exploring Barriers To And Opportunities From International Trade

What could cause the opening or closing international trade marketplace? The closing or opening of international trade to your business is perhaps at a recent high level of uncertainty. What elements of international trade threaten your business? What events could open up new opportunities to your business? How do you manage the risks better? Mitigate the threats impacting on your business success. Enhance the beneficial outcomes for your business of international trade.

Northern Powerhouse Risk Management Online Seminars

Online workshop is an introduction to BusinessRiskTV online risk management service to help business leaders make key business decisions to manage threats and opportunities better.

The opening or closing of international marketplace to all who wish to participate is a moving feast. Changes in threats and opportunities can arise based on sudden economic, geopolitical and technology risks in particular.

Managing risks from international trade may be limited to mitigating threats, or harnessing and enhancing the benefits from international trade. It may be impossible to influence whether risk events occur or not. However, exploring the threats and opportunities may be critical to your business success.

Being the first mover may be just as important. The first businesses to act tend to carry the greatest risks and rewards. If you are to act first you may need help from risk experts to improve your business intelligence and international trade risk knowledge.

Benefits include:

  • Limiting losses
  • Maximising sales profit
  • Grow faster with less uncertainty

Opening the enterprise risk management process of identifying analysing and assessing to international trade risks. Working on overcoming international trade barriers. Exploring a risk profile of a company and international trade risks. Developing an enterprise risk management implementation road map to stronger business resilience and expansion. Starting to understand how to overcome trade barriers including supply chain risk management. Identifying solutions to international trade problems. Opening the door to further risk workshops with an introduction to international trade risk awareness training and enterprise-wide risk management solutions.

Pay below via Paypal to secure your place on our online risk management workshop.

Who should attend?

Business leaders, business owners, executives and senior managers as well as risk professionals.

How to attend online risk management toolbox talk on

Title:

Uncertainty of international trade expanding or contracting
Date:Friday 15th January 2021
Time:5:00 pm – 5:30 pm (GMT)
Speaker:Keith Lewis
Discover new ways to protect and grow your business with BusinessRiskTV

In this this essential risk management toolbox talk we will cover the key international trade risks potentially impacting on your business including:

  • Geopolitical Risks
  • Global Economy Risks
  • Technology Risks

Save the date for an insight into international trade risk management

Northern Powerhouse Risk Management Online Seminars

Pay fee online via secure third party payment service Paypal who do not inform us of your full account details. We will email you the Zoom video conferencing joining instructions no later than 24 hours before the workshop begins.

As a special offer you will be able to redeem your non-member payment of £20 against your first year’s subscription fee for BusinessRiskTV Pro Risk Manager for 12 months. Membership of BusinessRiskTV opens up Pro Risk Manager service benefits include huge discounts off products and services such as further training, online business coaching and advertising costs. BusinessRiskTV membership provides opportunity to continue corporate risk analysis, assessment and management business intelligence as well as option to collaborate with global risk management experts to improve your ability to manage your business better.

Post introductory online risk management toolbox talk on 15th January 2021, members and non-members of BusinessRiskTV will also be given opportunity to collaborate in future online advanced workshop sessions. These sessions will further explore how business leaders around the world can collaborate specifically on overcoming barriers to international trade, both theory and practice. These advanced workshops sessions will aim to increase international trade by participants. Workshop participants will share expert knowledge and practical business development tools. The introductory online fee will be used to reduce the cost of more advanced sessions by participants.

Participants at introductory online risk management toolbox talk can also put themselves forward as international trade risk experts at future more advanced online workshop events to share your expert knowledge and promote their business interests. Get in touch with us if this is you.

Barriers To International Trade
Better manage the risks of selling internationally

Want to promote and market your business?

How To Advertise Internationally
Sell Internationally Online With BusinessRiskTV
Cheap ways to promote your business
Find out how to promote your business locally and globally click here or email editor@businessrisktv.com entering code #Marketing

Want to sponsor this event?

Contact us to find out more about sponsoring this event to put your business in front of potential new customers.

Subscribe to receive updates on BusinessRiskTV workshops webinars and risk management toolbox on threats and opportunities from international trade

Enterprise Risk Management Expert Panels Online
Business Coaching Services
Business Coaching Services
International trade support for businesses that trade internationally
International Trade Hub
Supply Chain Risk Management UK
Supply Chain Management
Supply Chain Risk Management
Supply Chain Risk Assessment Coach enter code #SupplyChainRiskAssessmentCoach
Reducing the risk of supply chain disruptions
How to reduce supply chain risk with BusinessRiskTV
Enterprise Risk Management Training Workshops Online
MarketplacesExhibitions
Cost ReductionsRisk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #InternationalTrade #InternationalTradeWorldMarket #InternationalTradeLaw #InternationalTradeCompliance #BusinessDevelopment #Entrepreneurship #InternationalTradeToolboxTalk

Uncertainty of international trade expanding or contracting impacting on your business objectives

Small Business Coaching Packages

BusinessRiskTV Business Coaching Services

Affordable Online Small Business Coaching Packages | eBusiness Mentor Service

Unlock your business potential with BusinessRiskTV.com’s eBusiness Mentor Service! Our tailored online small business coaching packages provide affordable, one-on-one mentorship designed specifically for entrepreneurs. Benefit from practical tools and techniques to accelerate your growth and navigate challenges effectively. Whether you’re starting a new venture or looking to expand your established business, our flexible coaching blocks allow you to choose the support you need. Gain insights from experienced business coaches and transform your approach to risk management and decision-making. Invest in your success today – sign up for our coaching packages and join a community of thriving small business leaders at BusinessRiskTV.com!

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.

eBusiness Coaching Mentoring with BusinessRiskTV

Business Mentors UK
Business Mentors UK
Marketplaces Exhibitions
Cost Reductions Risk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

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

#BusinessRiskTV #SmallBusinessCoaching #SmallBusinessCoach #eBusinessMentor #eBusinessCoachingMentoring

Small Business Coaching Packages

Empowering Small Businesses Through Tailored Coaching Packages

Starting and growing a small business can be both an exhilarating and challenging journey. With numerous responsibilities and ever-evolving market dynamics, entrepreneurs often find themselves navigating a landscape filled with uncertainty. This is where BusinessRiskTV.com steps in, offering flexible and affordable online small business coaching packages designed to meet the unique needs of each entrepreneur.

The Need for Small Business Coaching

Understanding the Challenges

Small businesses face a myriad of challenges that can hinder their growth and success. From managing finances and marketing to navigating regulatory requirements and competitive pressures, entrepreneurs must juggle multiple tasks. Often, they may lack the necessary experience or resources to tackle these challenges effectively. This is where a business coach can make a significant difference.

The Value of Coaching

A business coach serves as a mentor, guide, and strategist, helping small business owners develop the skills and knowledge necessary to overcome obstacles. With tailored coaching, entrepreneurs can gain fresh perspectives, practical tools, and actionable strategies to enhance their business performance.

Introducing Our eBusiness Mentor Service

At BusinessRiskTV.com, we offer an innovative eBusiness Mentor Service that provides personalised coaching for small business leaders. Our online coaching packages are designed to be flexible, affordable, and easily accessible, ensuring that entrepreneurs can receive the support they need, no matter where they are located.

Key Features of Our Coaching Packages

1. Tailored Approach: Each coaching package is customised to align with your specific business priorities and goals. This ensures that you receive the most relevant and impactful guidance.

2. One-on-One Mentorship: You will work directly with an experienced business mentor who will focus on your unique challenges, providing insights and strategies that drive success.

3. Practical Tools and Techniques: Our coaching packages equip you with actionable tools and techniques to implement immediately, allowing you to grow your business faster.

4. Flexible Blocks of Sessions: Our coaching is arranged in blocks, giving you the flexibility to purchase additional support as needed. This allows you to scale your coaching experience according to your business’s evolving requirements.

5. Affordable Investment: We understand the financial constraints small businesses often face. Our coaching packages are designed to be budget-friendly, ensuring you can invest in your growth without breaking the bank.

How Our Coaching Packages Work

Initial Consultation

Your journey begins with an initial consultation where we assess your current business landscape. During this session, we identify your primary challenges and establish a clear set of goals. This foundational step allows us to customise your coaching experience effectively.

Structured Coaching Sessions

Our coaching packages typically consist of a series of structured sessions. Here’s how it works:

1. Identifying Goals: In the early sessions, we work together to define your business objectives and outline a roadmap to achieve them.

2. Strategic Planning: We delve into strategic planning, analysing your business model, target market, and competitive landscape. This helps in creating a solid plan for growth.

3. Practical Implementation: As we progress, we focus on implementing strategies and tools that facilitate growth. This includes marketing techniques, financial management strategies, and operational improvements.

4. Ongoing Support: You will have access to ongoing support through additional sessions, allowing for continuous improvement and adjustment of strategies as your business evolves.

Flexible Coaching Blocks

Our coaching packages are arranged in flexible blocks, allowing you to choose the number of sessions that best fits your needs. If you find that you require more support, you can easily purchase additional blocks to continue your mentoring journey.

Benefits of Our Small Business Coaching Packages

Accelerated Growth

By leveraging the expertise of a business coach, small business owners can accelerate their growth trajectory. Coaches provide the insights and strategies needed to make informed decisions quickly, enabling businesses to capitalise on opportunities faster.

Enhanced Accountability

Having a business mentor fosters a sense of accountability. Regular check-ins and goal-setting sessions encourage entrepreneurs to stay focused on their objectives, making it easier to track progress and make necessary adjustments.

Improved Decision-Making

Coaching provides small business leaders with access to a wealth of knowledge and experience. This guidance enhances decision-making capabilities, allowing entrepreneurs to navigate challenges more effectively.

Networking Opportunities

Through our coaching programme, entrepreneurs gain access to a network of like-minded individuals. This community can offer additional support, resources, and opportunities for collaboration, further enriching the coaching experience.

Who Can Benefit from Our Coaching Packages?

New Entrepreneurs

For those just starting their entrepreneurial journey, our coaching packages offer essential guidance. New business owners can benefit from mentorship that helps them navigate the early stages of business development, laying a strong foundation for future growth.

Established Small Business Owners

For established businesses, our coaching can help refine existing strategies and explore new growth opportunities. Coaches can provide insights into market trends, operational efficiencies, and innovative approaches to expand your business.

Non-profit Organisations

Our coaching services are not limited to for-profit businesses. Non-profit organisations can also benefit from our tailored coaching, helping them improve their operations, fundraising strategies, and community impact.

Success Stories from Our Clients

To illustrate the impact of our coaching services, let’s explore some success stories from clients who have experienced transformative growth through our eBusiness Mentor Service.

Case Study: Tech Startup Growth

Client: Jane D., Founder of a Tech Startup

Challenge: Jane launched her tech startup but struggled with market positioning and attracting customers.

Coaching Impact: Through tailored sessions, Jane identified her target audience and refined her marketing strategy. She implemented actionable steps provided by her coach, resulting in a 150% increase in customer acquisition within six months.

Case Study: Non-profit Expansion

Client: Mark T., Director of a Non-profit Organisation

Challenge: Mark’s organisation faced challenges in fundraising and community engagement.

Coaching Impact: With guidance from his business mentor, Mark developed a comprehensive fundraising strategy and enhanced community outreach efforts. Within a year, the organisation doubled its funding and increased volunteer participation by 40%.

Case Study: Retail Business Revamp

Client: Linda K., Owner of a Local Retail Store

Challenge: Linda faced declining sales and increased competition from online retailers.

Coaching Impact: Through targeted coaching sessions, Linda revamped her business model, incorporated e-commerce, and improved customer service. As a result, her store saw a 30% increase in sales over the following year.

Getting Started with BusinessRiskTV.com

How to Sign Up

Joining our eBusiness Mentor Service is simple. Explore our coaching packages with one of our consultants. You can choose the option that best fits your needs and schedule your initial consultation. Our team will guide you through the process, ensuring a seamless experience.

Choosing Your Coach

We understand that the right coaching relationship is critical to your success. At BusinessRiskTV.com, we take the time to match you with a mentor whose expertise aligns with your business goals. This personalised approach ensures that you receive the most relevant guidance.

Flexible Scheduling Options

Our online platform allows for flexible scheduling, making it easy to fit coaching sessions into your busy calendar. Whether you prefer morning or evening sessions, we strive to accommodate your needs.

Conclusion

Starting and growing a small business is an exciting journey filled with challenges and opportunities. With the right support, entrepreneurs can navigate the complexities of business management and achieve greater success.

BusinessRiskTV.com offers flexible, affordable online small business coaching packages that empower you to take control of your business’s future. Our eBusiness Mentor Service provides tailored guidance, practical tools, and one-on-one mentorship to help you grow your business faster and more efficiently.

If you’re ready to invest in your business’s success, explore our coaching packages today and discover how BusinessRiskTV.com can help you turn your entrepreneurial dreams into reality. Join our community of empowered small business leaders and start your journey towards success!

BusinessRiskTV World News Today

UK and international news opinions and reviews with BusinessRiskTV.com

World news latest updates and headlines. Find breaking news stories upcoming risk analysis events and expert risk management opinion.

Business Risk News : if your objective is freedom and success you will need objectivity, clarity and independence of thought from your news source to discover freedom and success in business. The wider news media is useless to you as it has its own agenda. If your recognise that this is the real truth and understand why that impacts on your ability to make your business a success then you will want to come back to BusinessRiskTV Risk News more often for help to inform your better decision making process to achieve success in business with less uncertainty. Don’t let yourself be brainwashed by the agenda of others not aligned to your business objectives.

Read world news articles and videostream currently trending on BusinessRiskTV

Enter code #WorldNewsToday

Tune into the world of business risk global economy news opinion analysis and reviews. CLICK HERE or email editor@businessrisktv.com and enter code #WorldNews.

 

Risk Magazine
Business Risk Management Magazine Free Subscription

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.

Cheap ways to promote your business
Find out how to promote your business locally and globally

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.

Journalists Construction
Business Global
Discover better ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #WorldNews #BusinessNews #EconomicNews #IndustryNews #CountryNews #RiskNews #InternationalNews

BusinessRiskTV World News Today

Ecological Ethical Environmental Economics Educational Everyday

Working together for the common good with BusinessRiskTV.com. Help us to help you.

News opinions analysis reviews and activism with local and global people. Sixth generation movement to power 4th industrial revolution faster cheaper better. Connecting the world to achieve more with less.

6G Today Tomorrow and Everyday Thereafter

How do we improve on yesterday so that today and tomorrow is better and more cost effective. What is it that we have that is good?

  • What could be better?
  • Why is it not working now?
  • How are we going to change things?
  • When will we achieve enough is good enough?
  • Where do we need to act?
  • Who can help us move forward?

Striving for perfection is not our goal. Do not let perfection be the enemy of the good enough. Focus on making realistic changes for the better happen. Dreaming of a better world tomorrow does not make the real world good enough today.

Practical action to progressively improve the world we live in

Most people in 3rd world countries are not interested in woke words. They simply want to live better tomorrow than they did today. Most peoples 1st world problems could be alleviated with a holistic approach to good business management and lifestyle choices.

4th Industrial Revolution Latest News Commentary and Risk Review
Fourth Industrial Revolution Latest News Commentary and Risk Review

Aspiration to live better wherever you live in the world can be fulfilled by solving all our problems together at once not by a piecemeal approach. Good words do not put food on the table or a roof over your head. Sodding your neighbour does not protect you from destroying everything you have built around you.

People can work together for common good

We do not need to be in the same country culture or place to work as a team to achieve what we want for ourselves. Getting what you want can help others to get what they want out of the investment of time.

Putting up trade barriers does not work for the builder of walls. Forcing people to be in your gang does not make progression towards goals fast enough. Seeing the mutual benefit at the end for all people on the bus does.

Our holistic approach to making decisions for the common good will be successful for all who lend support

If you put your shoulder to the wheel you can reap the rewards from the effort.

We are not looking for constant companions but do seek constant progress. Moving it forward a little everyday is better than big leaps now and again. We do not need to be beside you for every step but would like to be with you at the end of the journey. We can achieve more together than on our own.

BusinessRiskTV

If you are interested in getting on the same bus join BusinessRiskTV today

Join BusinessRiskTV for free today
Join BusinessRiskTV for free today. Enter code#6G

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.

Cheap ways to promote your business
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 sales cash flow and profit

Increase the sources of your revenue streams more sustainably. Grow you business faster with BusinessRiskTV.

ProductivitySharing BI
Better Decisions360 Club

#BusinessRiskTV #Collaboration #GrowYourBusiness #BusinessProtection #RiskManagement #EnterpriseRiskManagement #6G #Ecological #Ethical #Environmental #Economical #Educational #Everyday #HolisticRiskManagement #ERM

Ecological Ethical Environmental Economic Educational Everyday With BusinessRiskTV

An Exclusive Sneak Peak At What’s Next For Risk Management Guidance

Guide to Risk Management Principles and Practices with BusinessRiskTV.com

BusinessRiskTV business risk consultancy can help guide your business improvement. Are you interested in risk management principles and practices? Connect with risk management experts and business leaders locally and globally online. Read research and development in enterprise risk management ERM.

Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your email inbox

Complete and submit the form with code #RiskManagementGuidance.

Access risk management guidance and tools to help businesses understand what they need to do to manage business risks better

Adopt an integrated approach to risk management. Create the best risk management framework and risk assessment process for your strategic operational and project needs.

Manage the impact of uncertainty on your business objectives better. Access support to build your business resilience and raise risk awareness. Manage governance risk and compliance holistically to use your business resources more effectively.

Read latest risk management guidance or watch videos

MarketplacesExhibitions
Cost ReductionRisk Magazine
Discover better ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #RiskManagementGuidance #RiskManagement #EnterpriseRiskManagement #ERM #GRC #Governance #Risk #Compliance

An Exclusive Sneak Peak At What’s Next For Risk Management Guidance

Managing business risk with more confidence to perform better

Increase your confidence in your risk management capability with BusinessRiskTV.com

Build your business risk management capability and confidence

Boost your business performance. Understand your business risk profile to inform your business decision making process.

Risk Management Confidence

Not only can you improve your risk management capability but you can increase confidence in your risk management system.

Are you asking the right questions about the key threats to you business? Do you consistently look out for and review business opportunities for growth? If you do not have a risk management system in place your business decision making may be working but is it working well?

What is your appetite for risk? Is this reflected across the whole organisation. Your risk management culture should reflect the attitude to risk of its business leaders for a consistent approach that is less confusing or contradictory further down the organisation. If you are not all singing from same hymn sheet you are losing productivity. In addition you maybe taking too much risk or not enough risk to achieve your business objectives.

Everybody should be clear about their role in your risk management framework and risk assessment process. Lack of clarity produces gaps through which failure in your risk management system can squeeze!

Everyone should be rewarded based on achievement of risk management plan. If your risk management plan has been correctly drafted and embedded it will bring business success. Your risk management plan should be to achieve business objectives set with enterprise risk management methodology. A holistic approach to business decision will produce greater resilience and longer term sustainable success.

Understand that your risk assessment process has weaknesses. Peoples perceptions of risk can skew risk management actions inappropriately. This can result in the failure of your risk management system and business.

Enterprise risk management ERM creates a clear picture of where you are now and plans to get you to where you want to be. However everyone needs to engage in the process for it to work optimally. It is to be present in strategic operational and project risk management.

Build more confidence in your ability to implement a better risk management system

Risk management can help profitability enhance all stakeholder confidence and protect your brand and reputation. Create the environment for more effective business outcomes and greater profitability.

If you improve your confidence in your risk management system you can actually take more risks to achieve more in business.

BusinessRiskTV

Increase your risk knowledge and business intelligence. Change your perspective of risks and risk management. Redefine what is acceptable risks without breaching your risk tolerance. If you are not confident in your risk management capability it is hard for the business and business leaders to perform well.

Decide how best to manage risks in your business. Build your colleagues confidence with training and support from BusinessRiskTV. Find out more by completing and submitting the form below and enter code #Confidence.

Read articles and watch videostream on building business management confidence trending on BusinessRiskTV

Project Development With More Confidence With Risk Management Principles and Practices
Develop new business projects with more confidence in your success with BusinessRiskTV business risk consulting and training services and risk management partners entering code #BusinessConfidenceForum

Promote and market your business on BusinessRiskTV for 12 months

Put your products or services in front of new buyers already interested in your type of business offering before your competitors do.

Cheap ways to promote your business
Find out how to promote your business locally and globally. CLICK HERE for more information.

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.

Academy Training
Cost Saving Risk Magazine
Discover new ways to protect and grow your business faster with BusinessRiskTV

#BusinessRiskTV #ManagingRisks #RiskManagement #EnterpriseRiskManagement #ImprovePerformance #BusinessRisk #PerformBetter #RiskManagementTraining #ERM #GRC #Governance #Risk #Compliance #BusinessConfidenceForum

Managing business risk with more confidence to perform better with BusinessRiskTV

Clever branding strategies with BusinessRiskTV

How to develop a brand With BusinessRiskTV

Clever branding to create a marketing strategy to increase your brand awareness. Let people know what your business is offering on BusinessRiskTV when they are already interested in your type of business.

How to develop a brand With BusinessRiskTV

How To Increase Brand Awareness

Brand Awareness Campaign Ideas With BusinessRiskTV.com enter code #CleverBranding

BusinessRiskTV is a great place to try some creative marketing for your business. Pick up free branding tips and ideas. Get your business brand out there more sustainably. Create a great brand positioning strategy with BusinessRiskTV. Learn how to build brand awareness.

Complete the form below and enter code #CleverBranding to find out more about what BusinessRiskTV can do for your business.

Enter code #CleverBranding

Clever Tips for Marketing Your Food and Drink Related Business

Clever Tips for Marketing Your Food and Drink Related Business

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business

Find out how to promote your business locally and globally. CLICK HERE for more information entering code #CleverBranding

Put your products or services in front of new customers already interested in your type of business offering before your competitors do.

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.

BusinessRiskTV Business Directories

  • Want to up your clever branding strategy by listing your business in the best business directory for your industry and target market?
  • Are you running any deals discounts or special offers you want more buyers to know about to grow your business faster?
  • Could you write an advertorial to advertise your business and inform our readers?

Reach more new customers with BusinessRiskTV clever branding strategies.

Northern Powerhouse Risk Management Online Seminars

Click on Register Now or email editor@businessrisktv.com entering code #BusinessDirectory

Increase Brand Awareness Ideas With BusinessRiskTV

MarketplacesExhibitions
Cost ReductionRisk Magazine

Discover new innovative ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #CleverBranding #BrandingStrategies #BrandIdentity #BrandManagement #BrandProtection #BrandResilience #UKbrands #DigitalMarketing #MarketingStrategy #ContentMarketing #BusinessDirectory

Clever branding strategies with BusinessRiskTV

Risk Management Online Video Conference with BusinessRiskTV

Grow your business faster with less uncertainty impacting on your business objectives with BusinessRiskTV.com

Marketplace risk conference. Take the opportunity to share and get help with more than 27000 members around the world. Overcome barriers to business faster. Connect with people who you can collaborate with on business development.

Enter code #MarketplaceRiskConference

Corporate Business Enterprise Risk Management Training Conference for Leaders

Get the answers to your business risk management questions quicker and easier

Live online workshops webinars discussion and training to help you manage risks better wherever you are in the world.

Collaborate with BusinessRiskTV to grow your business faster with less uncertainty

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.

Cheap ways to promote your business
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 sales cash flow and profit

Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.

MarketplacesExhibitions
Cost ReductionRisk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #RiskManagement #EnterpriseRiskManagement #ERMonline #RiskManagementOnline #RiskManagementTraining #RiskConsulting #GRC #ERMuk

Risk Management Online Video Conference with BusinessRiskTV

Risk analysis of impact of coronavirus on global economy

Coronavirus hits the global economy on both the supply and demand side BusinessRiskTV.com

Coronavirus threats to world economy. Coronavirus global economy impact. The coronavirus has not yet be officially acknowledged as a pandemic health risk. However it probably is already a pandemic health risk and is certainly a global economic pandemic spreading uncontrollably around world.

Although the world financial markets have had their worst time since the financial crisis in 2008 the actual impact of the coronavirus has yet to be felt and revealed. The financial markets are giving a glimpse into what is feared in future not what is happening now.

With just 36 cases in the UK it appears that the UK is relatively spared from the virus. The most worrying case out of the 36 is the one where the infected person has not been abroad and has not been in contact with anyone who has to his or her knowledge. Tracing the source is key to controlling and containing the spread of the coronavirus.

Many countries where the official numbers of coronavirus infection cases are so low is worrying

There are many countries where scepticism on figures inflates fear of a pandemic that may not be recoverable. China where the coronavirus originated from may have be slow to unveil the seriousness of the problem have been praised by World Health Organisation WHO for honest figures.

Some countries have different reasons to deliberately suppress news of an epidemic in the country. In addition there are countries which may not have the resources to identify the coronavirus. More worringly they also do not have the resources to stop the spread of the virus.

Other disasters in some parts of the world also have the potential to exasperate and accelerate the spread of the virus. What happens if the coronavirus infects refugees and economic migrants trying to escape to Europe via Italy Greece Bulgaria and Spain. Germany not long ago took around one million of these people. If such numbers flowed again and they also had the coronavirus how much more quickly would the coronavirus spread throughout Europe? Exponentially fast!

Control of coronavirus COVID19 is unlikely especially as there is no vaccine

A vaccine by most estimates is unlikely to be identified until early 2021. Even when a vaccine has been found it then has to be manufactured in sufficient quantities to have a reduction in the spread of the virus never mind eliminated.

The coronavirus is likely to be with us until end of 2021 at the earliest never mind getting coronvirus spread under control this year.

Major sporting events like the Olympics this summer are unlikely to proceed. Whilst this creates obvious disappointment for the athletes supports and Japanese people it in one event creates massive economic loss for Japan Olympic sponsors and lots of products or services will not be sold if the Olympics is cancelled.

Businesses will face reduced performance at best and potentially even collapse

If you are not able to sell products or services how do you pay fixed costs never mind variable costs of being in business. Potentially fatal could be loss of the ability to pay your creditors who may close you down to try to get their money back.

Central banks around the world have yet to realise they have not recovered from the financial crisis in 2008. Their tools to tackle global recession including lowering interest rate and increasing quantitative easing QE are worn out. There is little manoeuvrability for central banks. In COVID19 terms central banks do not have very good vaccines left at their disposal to support economic growth.

Individual countries will undoubtedly fall into a recession due to the coronavirus COVID19

Countries like Italy already severely impacted by coronavirus were already teetering on the edge of recession. The coronavirus will push them over the edge. The northern part of Italy is the powerhouse of the Italian economy and much of it has already been shutdown. Can Italy really stop the spread which will make economic impact worse?

Even countries like USA can dramatically lose economic growth. Not all Americans have good access to healthcare services. If you cannot call upon your healthcare services to detect and help control the coronavirus spread then it could spread like wildfire in USA if it takes hold and it is close to taking hold now.

The coronavirus spread in poorer less developed countries is essentially unstoppable. How can parts of Middle East Africa Asia Central America and South America really contain spread of coronavirus. The how do you contain the spread from these areas to more wealthy parts of the world.

The economic impact is going to be so severe as it hits not just the supply side of the economy it cuts demand too

When disaster strikes businesses can stop supplying cause the risk event stops output abruptly. However the coronavirus dramatically cuts demand quickly too. People stop assembly in public in restaurants events bars concerts sporting events etc through fear of catching the coronavirus. They may start spending again when under control but we are looking at end of 2021 before this even has possibility of subsiding.

Other concerns include lack of scientific knowledge about coronavirus. The boffins do not know enough yet to be sure we will ever get this under control.

  • We do not know how long the virus can survive on surfaces when people cough or touch surfaces with contaminated hands.
  • We do not know if our normal ways of cleaning surfaces works on coronavirus.
  • There have been suggestions that people who have had coronavirus in recent months and recovered then contract virus again. Potentially not only will infected people not be immune in future but then may not be cured in first place or regenerate virus.
  • Many people across the world including the UK will now be thinking they have a mild illness or seasonal flu when in fact they have COVID19. When it can be contained you are tracing contacts to track down infection line to control risks. However when COVID19 is spreading unencumbered mildly infected people will be spreading virus unknowingly and then 80 percent infection across the UK and world starts to become realistic.
  • We do not know if the warmer weather will help the world to control the spread of the virus like it did with SARS or whether it will continue to spread.
  • We do not know if COVID19 will morph into something worse or morph into something less virulent.

Some estimates suggest that 80 percent of people in UK will contract the coronavirus COVID19 if it spreads uncontrollably in UK. The UK could well be on cusp of uncontrollable spread as the UK government gears up to act this week. On the positive side 80 percent of those who contract the virus only get mild manageable symptoms. On negative side a fatal rate of even 1 percent of UK population is still around half a million deaths.

One way some countries may manage the coronavirus risk is simply to let it spread across the whole country without stopping business activity or economic growth. If 80 percent have mild symptoms and 1 percent die what is their tolerance of risks. Will they chose economic slowdown or losing 1 percent of their population? This could mean the rest of the world suffer boomerang epidemics. What could make this less likely is that leaders can die of the virus just like their peasants!

Safety at work and managing health and safety of your workforce

Employers have a duty to take reasonable steps to protect their workers. This includes protection from exposure to coronvirus. This has obvious implications about travelling to coronavirus hotspots but also includes the coronavirus coming to your workplace. The coronavirus could change forever how we do business in future. If and when the spread of the coronavirus is brought under control we may find it more sensible to have less contact face to face and more online communication.

Ocado in UK who deliver to more wealthy customers have already announced a jump in the number of people ordering online for food and drink delivery to home. This is just one example of winners as well as losers from COVID19 outbreak.

BusinessRiskTV

We are in the foothills of the coronavirus pandemic. Yes it is a pandemic despite WHOs caution. How you manage the risks to your business will have limitations but where you can control the risks you must start implement your business continuity plan now not when when a full blown pandemic is sweeping across the world.

Subscribe to BusinessRiskTV for free alerts bulletins and reviews on business risk management to your email inbox

Promote and market your business on BusinessRiskTV for 12 months

Put your business products or services in front of new customers already interested in your type of business offering before your competitors do.

Cheap ways to promote your business
Find out how to promote your business locally and globally. CLICK HERE for more information.

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 review streams more sustainably. Grow your business faster with BusinessRiskTV

#BusinessRiskTV #Coronavirus #Covid19 #CoronavirusBusinessRisks #CoronavirusRecovery #Covid19Recovery

Risk analysis of impact of coronavirus on global economy

Diversify supply chains to reduce reliance on one country or supplier

Reducing the risk of supply chain disruptions with BusinessRiskTV.com

Reduce supply chain risk. Should one supplier be shutdown for whatever reason your business should be able to continue without interruption. At the very least ensure you have alternative risk control measures to react to normal supply interruptions. The proximate cause of the supply chain disruption could be wide and varied including fire political social unrest natural disaster or even something called coronavirus. Assessing the risks from your supply chain is critical to the resilience of your business. Diversifying supply chain can increase costs but need not automatically follow.

Supply Chain Risk Management
Supply Chain Risk Management Articles Discussion Live On Demand Video Streaming To Help You Manage Risks Better

Enter code #SupplyChainRisk

Reducing the risk of supply chain disruptions

Adapt quickly to changes within the supply chain to minimise the risk of disruptions to your business performance. Scan the horizon to look for future potential for disruption. Analyse the current risks and take appropriate action.

Supply Chain Risk Management BusinessRiskTV
Supply Chain Risk Management BusinessRiskTV

Subscribe to BusinessRiskTV for free supply chain risk management alerts bulletins and reviews to your inbox

Complete and submit the form below and enter code #SupplyChainRisks.

Join our free online supply chain risks group discussion

Collaborate with BusinessRiskTV to grow your business faster with less uncertainty
ASK TO JOIN SUPPLY CHAIN MANAGEMENT DISCUSSIONS NEWS OPINIONS AND REVIEWS

Supplier Diversification In Supply Chains

Critical Key Supply’s Should Be Manufactured In Your Own Country More To Mitigate Breaking Supply Chain To Your Business

EU leaders last month stressed the need for the bloc to have strategic autonomy after the coronavirus crisis.

The European Union and its companies need to diversify their supply chains to reduce their reliance on individual countries but that does not mean bringing all production back to Europe

European Union EU Trade Chief

With the coronavirus pandemic many have now realised that there has been an over reliance on Asia for the supply of key supplies. Austrian EU diplomats think this means more manufacturing and production of key supplies should be brought home. Whilst this does not mean all Asian supplies from Asia should cease it does mean more manufacturing is required in your own country to build supply resilience.

We need to look at how to build resilient supply chains based on diversification acknowledging the simple fact that we will not be able to manufacture everything locally

European Union EU Trade Chief

Dutch trade minister Sigrid Kaag told reporters after the video conference with EU counterparts that there was an awakening to the need to determine the weakest links in value chains. How can you mitigate the overdependence on countries such as China or India when it comes to essential goods.

During the coronavirus pandemic France Germany and USA were just some of the countries who intervened at government level to stop supply of some products including personal protective equipment and medical equipment. When supply comes from outside your own country you are diversifying your supply chain but over reliance on overseas supply can increase risk of supply chain interruption. Arriving at the right balance is key to maintaining good business performance and strong business resilience.

Promote and market your supply chain risk related 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.

Cheap ways to promote your business
Find out how to promote your business locally and globally/ CLICK HERE for more information.

Link into your existing sales process 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.

Supply Chain Risk Consulting

Get help from one of our Supply Chain Risk Consulting Partners to manage your supply chain risks better.

Business Risk Partners
BusinessRiskTV Risk Partners enter code #SupplyChainRiskConsultingQuote
MarketplacesExhibitions
Cost ReductionRisk Magazine
Discover better ways to protect and grow your business with BusinessRiskTV
Global Supply Chain Risk Management During COVID-19 Pandemic
Global Supply Risks And COVID-19 Pandemic Health Risk Management

Opening up the skies is a big part of easing global supply crisis. More holidaymakers increases airfreight opportunities and lowers international trading by air costs. Shortening supply chain, reversing globalisation, can increase speed of change and flexibility in an uncertain world as well as build resilience whilst protecting the environment from supply chain costs.

#BusinessRiskTV #SupplyChainRisks #SupplyChainRiskManagement #SupplyChain #Logistics #SupplyChainManagement #Shipping #Freight #SupplyChainRisk #SupplyChainRiskConsultingQuote

Diversify supply chains to reduce reliance on one country or supplier

Knowledge Marketplace

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

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.

Collaborate with BusinessRiskTV to grow your business faster with less uncertainty

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.

Enter code #KnowledgeMarket

Promote and market your knowledge on BusinessRiskTV for 12 months

Cheap ways to promote your business

Find out how to promote your business locally and globally. CLICK HERE to find out more entering code #KnowledgeMarketing.

Place your products or services in front of new clients already interested in your type of business offering before your competitors do.

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.

Knowledge Marketplace Directory

  • Want to list your knowledge and expertise in our Knowledge Marketplace Directory?
  • Are you running any deals discounts or special offers you want more key business decision makers to know about?
  • Could you write an advertorial to advertise your knowledge and inform our readers?
  • Could you produce a short video promoting your knowledge and providing business insight or business intelligence?

Reach more new customers with our Knowledge Marketplace and BusinessRiskTV magazines.

Northern Powerhouse Risk Management Online Seminars

Click on Register Now or email editor@businessrisktv.com entering code #KnowledgeMarketplaceDirectory

Read knowledge market related articles and watch videostream trending on BusinessRiskTV

Risk Managers and Risk Management Headlines
Building Risk Knowledge and Experience

Overcome Barriers To Greater Business Success Quicker With BusinessRiskTV

Economic Outlook and Global Uncertainties Management
Business Growth With Less Uncertainty Forums
New Learning Hub and Knowledge Exchange
Business Risk Management New Learning Hub
Use risk management experts to help you make right choices
MarketplacesExhibitions
Cost ReductionRisk Magazine

#BusinessRiskTV #KnowledgeMarketplace #KnowledgeMarket #KnowledgeMarketing #KnowlegdeMarketplaceDirectory #BusinessIntelligence #LifeCoach #RiskKnowledge #OnlineMarketplaces #BusinessOnline #eCommerceSolutions #BusinessDevelopment #BusinessProtection #LifePlanning

Discover new innovative ways to protect and grow your business with BusinessRiskTV

BusinessRiskTV Knowledge Marketplace

Risk Magazine Subscription With BusinessRiskTV

Risk management news articles opinions and reviews on BusinessRiskTV.com

BusinessRiskTV risk magazine subscription is quick online. Want to find out more about your country or industry risks? Interested in how other business leaders and risk management experts manage business risks well or badly? Subscribe to BusinessRiskTV for free.

Risk analysis risk insight with risk management news opinions and reviews

Business Magazines UK

Inform your business decision making. CLICK HERE or email editor@businessrisktv.com entering code #RiskMagazineSubscription

Scan the horizon for risks that will impact on your business objectives. Inform your foresight and scenario planning processes to be better prepared for threats and opportunities to grow faster. Stay up to date with the best enterprise risk management practices. Avoid the pitfalls of business management others have fallen into.

Exploring the key risk management trends and practices

Helping you identify and manage better key risks to your business. Business leaders get the latest news on whats happening in the business world. Read risk analysis articles or participate in online debate and discussion.

Improve your risk knowledge and business intelligence to make best business decisions more often.

BusinessRiskTV

We welcome business leader and risk management professionals contributions. BusinessRiskTV was founded by Keith Lewis and is published by C&C Associates. We work with our risk management partners to provide tips advice and support to business leaders around the world. Seize the day with more confidence in your risk management decision making process.

Subscribe today with BusinessRiskTV for free alerts bulletins and reviews to your inbox

BusinessRiskTV online risk management magazine subscription. Complete and submit the form below and enter code #RiskMag.

Enter code #RiskMagazineSubscription

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business

Find out how to promote your business locally and globally

MarketplacesExhibitions
Save MoneyOnline Magazines

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #RiskMag #RiskMagazine #RiskManagementMagazine #RiskManagementOnline #RiskManagementMarketplace #RiskManagementReviews #RiskManagementNews #RiskManagementArticles #RiskManagementTips #RiskManagementForums #RiskManagementAdvice #RiskManagement #EnterpriseRiskManagement #ERM #RiskMagazineSubscription #BusinessMagazine

Risk Magazine Subscription With BusinessRiskTV

Invest in ecommerce business with BusinessRiskTV

eCommerce solutions with BusinessRiskTV.com

Learn more about e commerce initiatives with BusinessRiskTV. Understand the reasons to invest in eCommerce even if you have your own website. Boost your online presence.

Start your own ecommerce business or expand your offline business online. Make your business brand stand out more online

BusinessRiskTV

Add an additional low cost ecommerce capability with little knowledge of effort with our help. Launch your very inexpensive ecommerce business development quickly to grow your business faster securely with Paypal on BusinessRiskTV.

How to use ecommerce with BusinessRiskTV to increase sales cash flow and profit

Setup your own Paypal account. We use your Paypal account to improve online sales cash flow on profit. Whether you are a business to business B2B or business to consumer B2C business we can help you increase online sales.

Focus you products or services branding and eCommerce sales where your customers already visit. Build your eBusiness income with our help.

Cheap ways to promote your business
Find out how to promote your business locally and globally. CLICK ERE or email editor@businessrisktv.com

Put your business products or services in front of new buyers more innovatively and profitably

Invest in ecommerce business with BusinessRiskTV

Link into your existing sales processes or use our eCommerce solutions to develop new income streams with less risk and cost. Grow your business faster.

Subscribe to BusinessRiskTV for free alerts bulletins and reviews on eCommerce and online sales development

[ninja_forms id=1]

Read eCommerce and business development articles and watch videostream trending on BusinessRiskTV

MarketplacesExhibitions
Save MoneyRisk Magazine

#BusinessRiskTV eCommerce #eCommerceSolutions #SellMoreOnline #BuySellTrade

Invest in ecommerce business with BusinessRiskTV

Be more productive with your time and grow your business faster

Ways to increase productivity in a business with BusinessRiskTV.com

Is your business productivity all it could be? Could there be other ways to be more productive in your business? Maximise collaboration to be more productive quicker.

Stop procrastination as procrastination does not improve decision making or decision outcomes.

Do not multitask . Focus on one task at a time. This will boost productivity work output and creativity.

Your business maybe running smoothly. However could it be better? Grow your business faster.

Strategies to improve productivity in business

Productivity is the key to greater business success. Are you open to the potential of changing the way you work?

Successful business owners know how to make the most of business assets. Wasted effort costs money. Grow your business faster.

How to increase productivity in the workplace

Making small changes to business habits will drastically improve the levels of productivity. Get more more quality and productive work done in a shorter period of time. Reduce the time your business spends on unnecessary tasks.

Discover tools and techniques to grow your business fast?

BusinessRiskTV

Subscribe to BusinessRiskTV to receive free tips adive and support to your email inbox

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business
Find out how to promote your business locally and globally

Discover how to grow your small business with marketing from BusinessRiskTV.

Read articles and watch videostream on business productivity trending on BusinessRiskTV and learn how to grow your business fast

MarketplacesExhibitions
Save MoneyRisk Magazine

#BusinessRiskTV #Productivity #BusinessProductivity #ImproveProductivity

BusinessRiskTV Be more productive with your time and grow your business faster

Enterprise Risk Management ERM Virtual Summits

Holistic business risk management solutions with BusinessRiskTV.com

Improving collaboration on enterprise risk management. Develop your enterprise risk management framework and risk assessment process. Improve your risk monitoring and risk review information systems.

Are you responsible or interested in risk identification assessment and management?

Rethinking and Re-purposing Your Business During Uncertainty

Rethinking and Re-purposing Your Business During Uncertainty

Develop new risk management strategy for your business or enterprise. Bringing together risk management professional and business leaders online to improve risk management practices and outcomes.

Learn what ERM is and how it can benefit your enterprise performance

Global Risk Report
Enter code #GlobalRisksSymposium

Virtual online attendance at our ERM summits is free to members of BusinessRiskTV. Live stream the ERM summits wherever you are in the world.

Build your enterprise risk management system. Drive improved enterprise performance. Develop your business intelligence and risk knowledge. Improve governance risk and compliance GRC management.

Enterprise Risk Management Trends

Discover a new holistic risk management approach to improve business strategy setting and implementation.

  • Create practical business management systems to grow a better business faster inline with with your risk management culture.
  • Improve business outcomes.
  • Be inspired to improve your business.
  • Connect with local and global risk management experts.

Network with top business leaders to understand your business problems and find best business risk management solutions quicker.

Subscribe to BusinessRiskTV for free alerts bulletins and reviews on enterprise risk management

Enter code #ERMvirtualsummits

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business
Find out how to promote your business locally and globally

Put your specific product or services in front of new potential buyers interested in your business offering.

Link into your existing sales process direct from BusinessRiskTV. Increase your income streams more profitably. Grow your business faster.

MarketplacesExhibitions
Save MoneyRisk Magazine

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #ERMsummit #EnterpriseRisks #BusinessRisks #CorporateRisks #RiskManagement #EnterpriseRiskManagement

BusinessRiskTV Enterprise Risk Management ERM Virtual Summits

Sharing of business intelligence to give you an edge

Business intelligence articles on BusinessRiskTV.com

Looking for information to inform your business decisions? Protect your business better. Grow faster. Work out practical business solutions on risk insight and business intelligence. Enhance your strategic operational and project decisions.

What is business intelligence and how could it benefit your business?

Optimise your business performance with existing business resources.

BusinessRiskTV

Get an edge over competitors selling your business products or services. Pick the risk analysis tools you prefer to provide better business analysis and market intelligence.

The purpose of business intelligence is to support better business decision making to protect you better and grow your business faster

BusinessRiskTV

Include business intelligence as part of your business risk management process so that your business decisions are better informed.

Understand how your business operates and how you can run it better. Develop risk management insight. Developing better business intelligence will help you more holistically bring all parts of your business together. Make better use of your existing business resources. Become more productive.

  • Improve your management of your business
  • Dynamically increase your business flexibility
  • Reduce unplanned interruptions to business output
  • Reduce the number of systems used in your workplace to improve productivity and efficiency
  • Build business resilience
  • Seize more opportunities to grow faster

Share your business intelligence to receive business intelligence. Reciprocal collaborative online forums to improve business performance.

  • Access crucial information more easily
  • Reduce procrastination and make quicker business decisions
  • Create a competitive advantage for your business
  • Answer your business questions to overcome barriers to business growth
  • Learn from others experience of business and reduce need to reinvent the wheel to solve your business problems

Access deep risk insight to develop your business risk management knowledge more easily. Build a more successful business quicker.

More developed business intelligence will give you a competitive edge in a highly competitive marketplace in your country or industry. Making quicker decisions may be essential to win new business or reduce business losses. Make your business decisions knowing those decisions are based on clearer risk insight and knowledge to have more confidence in the outcomes of your business decisions.

Working together and sharing risk information can save you money and time at the same time as providing practical insight into what may work well for your business.

BusinessRiskTV

Having a better view of your present circumstances in business can provide you with the chance to make better choices to improve your future in business.

Subscribe to BusinessRiskTV for free alerts and bulletins on better business management tips advice and support

Promote and market your business on BusinessRiskTV for 12 months

Put your business products or services in front of people who are ready to buy from your type of business. Give your business a competitive edge with BusinessRiskTV services. Increase revenue streams more profitably. Grow faster.

Effective Digital Marketing Strategy

Reach influencers key decision makers and the business leaders who will buy from your business

Read business intelligence and risk knowledge articles and watch videostream trending on BusinessRiskTV

MarketplacesExhibitions
Save MoneyRisk Magazine

#BusinessRiskTV #BusinessIntelligence #RiskIntelligence #BusinessKnowledge #RiskKnowledge #RiskManagement #EnterpriseRiskManagement #GRC #Governance #Risk #Compliance

BusinessRiskTV Sharing of business intelligence to give you an edge

Top risks in world economy the threats and the opportunities

Global economic issues and trends with BusinessRiskTV.com

What are the biggest risks to the global economy?

Although unpredictable lets try and predict the future! What is exciting is that clearly there are many threats particularly from the environment and trade wars. There are also massive opportunities for business leaders who are in control of their own business risks.

What are the biggest threats and opportunities to the world in the new decade?

BusinessRiskTV

Some of the biggest global risks business leaders have little control over. Warfare and mass destruction global inequality between countries and unequal economic development creating mass economic migration global trade wars global pandemics political shift towards popularity driven left or right wing positions and systemic collapse of the financial markets. Contingency planning is the best that business leaders can do to manage most of such global catastrophic risks.

However there are risks business leaders do have the potential to have control over but do not always control such global occurring risks. Global risks falling into this category include deteriorating natural environment and global warming as well as cyber attacks.

Many of the risk management solutions for one global risk can manage the threat and opportunity from another risk without extra investment of time or money.

BusinessRiskTV

BusinessRiskTV is scanning for threats and opportunities to the global economy in the new decade. If you look for it you can still see an abundance of wealth and opportunity globally and locally.

Global Recession?

Putting warfare and mass destruction risk to one side the most likely cause of a global recession is the continuing or deterioration of global trade wars.

The climate threat has come off age! The solutions are already known. However the will is less obvious. The financial services industry particularly banks will probably be the biggest influencers in driving environmental protection. Many banks and investors are refusing to finance coal businesses and are threatening divestment and lack of funding for other fossil fuel businesses. Even the governor of the Bank of England has told pension fund managers to sort out investment in fossil fuel based businesses.

The flip side of this is the opportunity to make money from environmental protection. Existing and developing environmental protection technologies are a real business opportunity. Even if your business does not sell environmental protection products or services your brand needs protecting via the adoption of good environmental protection policy.

The world is drowning in debt and fake money. Government corporate and personal debt. How future generations will cope with the weight of debt when many in the developed world are also going to suffer the effects of demographic time bomb detonation. Quite frightening! However one way to cope with future and present global risks is for governments to invest money in infrastructure particularly 5G communication and utilities. Many of the innovation and inventions are going to rely on power and the internet.Necessity is the mother of invention but with power and faster communication we will be trapped in the past with only a vision of how much better our future could be globally.

Keep up to date with economic issues in the world that could impact on your business objectives

Email editor@businessrisktv.com or complete and submit the form below to receive free email alerts bulletins and global risk reviews.

Promote and market your business on BusinessRiskTV for 12 months

Put your business products or services in front of potential new customers in more innovative ways. Link to your existing sales process from BusinessRiskTV. Develop new income streams more profitably. Grow your business faster.

MarketplacesExhibitions
Save MoneyRisk Magazine

Global Risks Management with BusinessRiskTV

The global landscape is changing rapidly, with new risks emerging every day. From geopolitical tensions to cybersecurity threats, businesses around the world are facing a complex and constantly evolving set of risks that they must manage in order to survive and thrive. In this article, we will explore some of the most pressing global risks that businesses need to be aware of and offer some strategies for managing them effectively.

Geopolitical Risks

Geopolitical risks are those that arise from political tensions between countries or regions. These risks can take many forms, including trade wars, sanctions, and military conflicts. One recent example of a geopolitical risk is the ongoing trade war between the United States and China, which has had significant implications for businesses around the world.

To manage geopolitical risks, businesses need to stay informed about political developments in the regions where they operate. They should also be proactive in diversifying their supply chains and hedging against currency fluctuations. In addition, businesses can consider partnering with local organisations or governments to gain a better understanding of the political environment and mitigate potential risks.

Cybersecurity Risks

Cybersecurity risks are those that arise from the increasing use of technology and the internet. As businesses become more reliant on digital systems and data, they also become more vulnerable to cyber attacks. These attacks can take many forms, including ransomware, phishing, and malware.

To manage cybersecurity risks, businesses need to invest in robust cybersecurity measures, such as firewalls, encryption, and regular system updates. They should also educate their employees about best practices for online security, such as avoiding suspicious emails and using strong passwords. In addition, businesses can consider purchasing cyber insurance to mitigate the financial impact of a cyber attack.

Climate Change Risks

Climate change risks are those that arise from the impact of climate change on the environment and society. These risks can take many forms, including extreme weather events, sea level rise, and food and water scarcity. The impact of climate change is already being felt around the world, and businesses need to be prepared for the potential consequences.

To manage climate change risks, businesses can take a number of steps. They can invest in renewable energy sources and other sustainable technologies to reduce their carbon footprint. They can also develop contingency plans for extreme weather events and other climate-related risks. In addition, businesses can consider partnering with governments and NGOs to address climate change at a systemic level.

Supply Chain Risks

Supply chain risks are those that arise from disruptions to the flow of goods and services. These disruptions can be caused by a variety of factors, including natural disasters, political unrest, and pandemics. The COVID-19 pandemic, for example, has had a significant impact on global supply chains, causing shortages of critical goods and disrupting manufacturing and distribution networks.

To manage supply chain risks, businesses need to develop contingency plans for disruptions, such as alternative suppliers and backup inventory. They should also be proactive in identifying potential risks in their supply chains and implementing measures to mitigate them. In addition, businesses can consider investing in technologies, such as blockchain and IoT, to improve supply chain visibility and resilience.

Financial Risks

Financial risks are those that arise from changes in the financial markets or economic conditions. These risks can take many forms, including fluctuations in exchange rates, interest rates, and commodity prices. They can also be caused by systemic risks, such as a global recession or financial crisis.

To manage financial risks, businesses need to be proactive in monitoring financial markets and economic conditions. They should also develop contingency plans for potential disruptions, such as currency hedging strategies and diversified investment portfolios. In addition, businesses can consider partnering with financial institutions and other experts to gain a deeper understanding of financial risks and opportunities.

Managing global risks is a complex and ongoing process for businesses around the world. By staying informed about emerging risks and implementing proactive measures to mitigate them, businesses can reduce their exposure to potential losses and position themselves for long-term success.

It’s important to recognise that global risks are interconnected, meaning that a disruption in one area can have ripple effects across multiple industries and regions. For this reason, businesses need to take a holistic approach to risk management, considering the potential impact of each risk on their operations and stakeholders.

In addition to the strategies outlined above, businesses can also consider partnering with risk management experts and other organisations to stay informed about emerging risks and best practices for risk management. By taking a collaborative approach to risk management, businesses can better anticipate and manage global risks, while also positioning themselves for long-term success in an ever-changing landscape.

Overall, businesses that are able to effectively manage global risks will be better positioned to thrive in a rapidly changing world. By staying informed, developing contingency plans, and investing in resilience, businesses can reduce their exposure to potential losses and position themselves for long-term success.

#BusinessRiskTV #WorldEconomy #GlobalEconomy #WorldRisks #WorldThreats #WorldOpportunities #GlobalRisks #RiskManagement #EnterpriseRiskManagement #GRC #Governance #Risk #Compliance

BusinessRiskTV Top risks in world economy the threats and the opportunities

Do you want to get in front of more potential customers next decade?

Ways to get new customers with BusinessRiskTV.com

You may have created a good business but could it be doing better in 2020s? How could you attract more potential new customers to your business? Would expanding your business reach improve your profitability?

Create a new business development strategy for more success in the new decade

BusinessRiskTV

Create innovative new income streams with BusinessRiskTV. Invest with us to stand out more from your competition.

Develop a holistic marketing plan for your products or services to reach and influence the consumers. Your new business development strategy will present your business to more potential customers more cost effectively. Take simple steps to improve your online and offline sales performance.

Partner with BusinessRiskTV to boost your business performance

Help us to understand what you really offer? We can then deliver what you need more cost effectively. Deploy the best marketing strategy for your business. We will help you to engage more with potential new customers.

Business Development Manager

Grow Your Business Faster With Less Uncertainty With BusinessRiskTV.com

Develop a new business development strategy for greater success in business

Are you looking for faster business growth? BusinessRiskTV can work with you connect you with more new potential customers.

Find out more about business development opportunities

Business Growth Hub

Join our business development workshops online

Scan the horizon to see what risks may impact on your business objectives. Connect with others to stay ahead of the game. Use other business leaders experience of risk to inform your business decision making. Protect and grow your business with less uncertainty.

Discover upcoming training opportunities

Marketing and PR News

Marketing your business more cost effectively with BusinessRiskTV

Online marketing with BusinessRiskTV

Discover innovative ways to promote and market your business more cost effectively with BusinessRiskTV.

Marketing Ideas

Promote and market your business on BusinessRiskTV for 12 months

Effective Digital Marketing Strategy

Reach influencers key decision makers and the business leaders who will buy from your business

Read business development articles and watch videostream trending on BusinessRiskTV

MarketplacesExhibitions
Save MoneyRisk Magazine

#BusinessRiskTV #BusinessDevelopment #BusinessGrowth

BusinessRiskTV Do you want to get in front of more potential customers next decade?

Risk management leaders magazine for risk management news opinions reviews

Risk leadership theory and practical risk management advice with BusinessRiskTV.com

Pick up risk management tips. Read risk management articles and view videos. Network with top risk management thought leaders locally and globally to solve your risk management problems quicker and cheaper.

Managing business risks better with BusinessRiskTV
Managing business risks better with BusinessRiskTV

Enter code #RiskLeadership

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business
Find out how to promote your business locally and globally
MarketplacesExhibitions
Save MoneyRisk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #BusinessLeaders #RiskLeaders #RiskManagementLeaders #RiskManagementLeadership #RiskLeadership #BusinessLeadership #RiskManagementNews #RiskManagementReview #EnterpriseRiskManagement

BusinessRiskTV Risk management leaders magazine for risk management news opinions reviews

Emerging trends in business management

Global and local business management trends with BusinessRiskTV.com

Emerging trends in business management debated risk analysed and risk controls reviewed. What emerging trends in business management must you know about today? Consumers and business decision makers have easy access to business intelligence so business leaders need to use business intelligence more in risk management strategy setting to grow faster. Due to the rapidly changing business environment and increased nationalism it may be better to have shorter supply chains. Alternatively restructure your supply chains to embrace new cost saving opportunities in supply.

Spot emerging trends before your competitors to protect your business better and grow business faster

BusinessRiskTV

Fully adopt new technology to react faster and lower business costs. Evolve more business from existing customers by engaging customers more in your business. Redfine they way you do business to do more business.

Emerging Trends in Business Management

Exploring The Future Of Work Trends and Analysing The Risks To Your Business Your Career and Society
Future Of Work Trends

Identify and understand emerging risks better to inform your decision making quicker. Keep up to date with global and local trends in your industry and country. Tap into our risk management experts networks to solve business problems faster and cheaper.

Subscribe to BusinessRiskTV for free alerts bulletins and reviews on emerging trends in business management

Enter code #EmergingTrendsInBusinessManagement

Beat Your Competitors To New Business Growth with BusinessRiskTV

Grow Your Business With Us
Grow Your Business With Us
Strategy to compete with competitors
Discover How To Beat The Competition In Sales

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business

Find out how to promote your business locally and globally. CLICK HERE or email editor@businessrisktv.com entering code #EmergingTrendsInBusinessManagementMarketing

Put your products or services in front of new people already interested in your type of business offering before your competitors do.

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.

Emerging Trends In Business Management Directory

  • Want to list your business on our Emerging Trends In Business Management Directory?
  • Are you running any deals discounts or special offers on emerging trends in business management you want more people to know about to grow your business faster?
  • Could you write an advertorial on emerging trends in business management to promote your business products or services whilst informing our readers?

Reach more new customers with BusinessRiskTV.

Northern Powerhouse Risk Management Online Seminars

Click on Register Now or email editor@businessrisktv.com entering code #EmergingTrendsInBusinessManagementDirectory

MarketplacesExhibitions
Save MoneyRisk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

BusinessRiskTV #EmergingTrendsInBusinessManagement #EmergingTrends #EmergingTrendsInManagement #RiskMag #RiskMagazine #RiskManagementMagazine #EmergingRisks #HorizonScanning #RiskTrends #RiskWatch #BusinessIntelligence #BI #SupplyChains #BusinessManagement #EmergingTrendsInBusinessManagementMarketing #EmergingTrendsInBusinessManagementDirectory

BusinessRiskTV Emerging trends in business management

Building business relationships and increasing business value

Building effective business relationships with BusinessRiskTV.com

To build business value in your business you may need to increase relationships with like minded business leaders. Work with us for mutual business growth. Discover innovative ways to increase the the value of your business.

Build and maintain a good business relationship with our network of top business leaders

BusinessRiskTV

Whether you are an entrepreneur with a start up business offering or an SME with aspirations to grow faster you can find the answers to your business growth questions. Improve your customer relationships to improve your business brand.

Join our online community to engage more with your customers and prospective customers.

BusinessRiskTV

Offer more to add more to the value of your business. Lower your long term costs to build a more resilient successful business. Increase your business value over time.

Business Collaboration Tools and Ideas Development

Work with others to build a better business for yourself. Building and maintaining relationships can be a more efficient way to increased business success.

Understand and appreciate the value of our growing online community to your business. Increase the value of your online relationships and online business growth opportunities.

What is your business worth? Could you increase its value with a little help from online business relationships?

Innovative Growth Forum

How to improve relationship with new business partners

Promote and market your business on BusinessRiskTV for 12 months

Cost effective ways to market your business online with BusinessRiskTV

Cost effective ways to market your business online with BusinessRiskTV

Read risk management articles to grow your business faster and watch videostream trending on BusinessRiskTV

MarketplacesExhibitions
Save MoneyRisk Magazine

#BusinessRiskTV #BusinessRelationships #BusinessCollaboration #IncreasingBusinessValue #BusinessGrowth #RiskManagement #EnterpriseRiskManagement #GlobalEconomy

BusinessRiskTV Building business relationships and increasing business value

Discover innovative ways to grow your business online

How to grow online sales with BusinessRiskTV.com

Growing your business online with BusinessRiskTV. Learn how to grow a business online. Pick up how to grow business tips. Take advantage of free marketing tools. Create an online advertising strategy to boost your online sales and business growth.

Develop a more cost effective advertisers online strategy. Pick up practical tips to grow your business faster online.

BusinessRiskTV

Diversify your income streams to make your business more profitable. Reach more new customers. Expand the audience viewing your products or services. Engage people online in your business brand.

Small business owners entrepreneurs and leaders of SMEs check out our innovative ways to grow your business faster. Do you want to grow your business without spending a lot of money.

Better Business Performance With BusinessRiskTV
Better Business Performance With BusinessRiskTV

Find out how to expand a business online

Generate new business by growing your potential customer base. Find business mentors to help advise on your business expansion. Discover new ways to meet the demands of the savvy business leader or cost sensitive consumer. No need to spend lots of money to attract new customers online.

Enter your code #GrowMyBusiness

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business
Find out how to promote your business locally and globally
MarketplacesExhibitions
Save MoneyRisk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #GrowingYourBusiness #GrowingBusinesses #GrowthPotential #GrowthStrategy #BusinessGrowthStrategy #GrowthManagement #GrowOnline #BusinessTips #BusinesAdvice #GrowBusinessOnline #GrowMyBusiness

BusinessRiskTV Discover innovative ways to grow your business online

Dig the well before you are thirsty

Better business planning with BusinessRiskTV.com

Better business planning will ensure you are ready for any risk event impacting on your business objectives. If you have completed the ground work no risk event should stop you achieving what you want for your business.

Enter code #BusinessPlanning

Best Small Medium Sized Business Planning
Subscribe to BusinessRiskTV.com for free enter code #BusinessPlanning

Use appropriate risk management tools and techniques including scenario planning to prepare better for unwelcome risk events.

Subscribe to BusinessRiskTV for quick tips for better business planning

Enter code #BusinessPlanning

MarketplacesExhibitions
Save MoneyRisk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #BusinessPlanning #BusinessObjectives #SettingObjectives #RiskStrategy #RiskManagement #HolisticRiskManagement #EnterpriseRiskManagement

BusinessRiskTV Dig the well before you are thirsty

You must enter the tigers den to catch his cubs

Advantages of risk taking in business with BusinessRiskTV.com

Business success normally only comes for those who take a few risks. However taking more risks does not automatically exposing your business to unacceptable risks necessary to beat the competition.

Open your business up to new business development opportunities and manage the risks that flow from this better

BusinessRiskTV

You might there are better ways to do what you already do in business or find ways to do new things to grow faster.

Guide To Business Enterprise Risk Management ERM

Risk Appetite and Risk Tolerance

Subscribe to BusinessRiskTV for free alerts and bulletins to your email inbox

Promote and market your business on BusinessRiskTV for 12 months

Benefits of proactive risk management

Celebrate Your Online Business Growth With Pro Risk Manager

Read articles and watch videostream trending on BusinessRiskTV

MarketplacesExhibitions
Save MoneyRisk Magazine

#BusinessRiskTV #RiskTaking #RiskTakers #DecisionMaking #Leadership #Innovation

BusinessRiskTV You must enter the tigers den to catch his cubs

Help for manufacturers selling direct to consumers to sell more

Direct to consumer trends with BusinessRiskTV.com

Why do manufacturers not sell directly to consumers? Well actually British manufacturers are forecast to sell 13 billion pounds worth of goods direct to consumers by 2025. UK manufacturers are moving away from selling to wholesalers and retailers and going direct to consumers according to Barclays Bank.

Nearly three out of four UK manufacturers now sell direct to consumers

Barclays Bank

Manufacturers in the UK and rest of the world can use BusinessRiskTV to sell more direct to consumers. Get on or expand the direct to consumer trend. BusinessRiskTV social media and digital marketing service can put your manufactured products in front of potential buyers cost effectively. You deliver from your factory direct to consumer with your preferred consumer logistics and stay in control of the sale and distribution process. If there is any after care required you give it direct to consumer too.

Manufacturers can deliver a better quicker cheaper service to the consumer than wholesalers or retailers

BusinessRiskTV

Manufacturers can reap the reward of cutting out the businesses in the middle that require a share of your profit. Boost your output turnover and profit. At the same time you can make your products more attractive to consumers by reducing the end user price paid for your products.

Manufacturers need to seize the moment. Sell more and sell directly to consumers with help from BusinessRiskTV. We can help you get started or provide an additional online sales marketplace to sell more online direct to consumer.

Enter code #ManufacturersForum

UK Manufacturing PMI September 2020 Update

Find out how your manufacturing business can sell more by selling directly to the consumer

Enter code #ManufacturersForum

Promote and market your manufacturing business on BusinessRiskTV for 12 months

Cheap ways to promote your business
Find out how to promote your business locally and globally
Marketplaces Exhibitions
Save Money Risk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #Manufacturers #ManufacturersUK #ManufacturingUK #ManufacturersMarketplace #ManufacturersOnline #ManufacturersReview #ManufacturingBusiness #ManufacturersForum

BusinessRiskTV Help for manufacturers selling direct to consumers to sell more

Do you know your business risk profile

Help to complete your own business risk assessment to be better prepared for your future

Understanding your business risk profile is an important step to making better risk based business management decisions. Identify the threats and opportunities your business faces now or will do in future. Assess the risks of this uncertainty to your business objectives. Your resulting business risk profile will help you make better business decisions. Focus your limited business resources on the risks which will bring you greatest reward of business resilience and business growth.

Business Risk Assessment
Enterprise Wide Risk Assessment For Faster Business Growth With Best Use Of Business Assets

Profiling your business risks will help you to stop wasting time and money. You can also use your business risk profile to monitor the impact or lack of impact on your business performance.

Prepare for and manage key business risks your business faces today and tomorrow. Learn from past business risk management events your business experienced or other businesses experienced so you do not have to.

Make sure all your employees know your critical business risks. Create a more effective business risk management framework to allocate responsibilities and accountability for managing business risks.

Your business risk profile should not be a one off exercise. It should not just sit in a file with a to do list ticked. Use your own business risk to mitigate potential threats and maximise business development opportunities. Holistically manage the whole business with the best use of available existing business resources.

Enterprise risk management methodology should be applied to strategic operational and project uncertainties. Inform your decision making process with the whole picture not just part.

Subscribe to BusinessRiskTV for free alerts and bulletins to protect your business better and grow faster

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business
Find out how to promote your business locally and globally

Read business risk management articles and watch videostream trending on BusinessRiskTV

Business Risk Management Professionals Magazine ERM
Enterprise Risk Management ERM Capability Reviews
Business Coaching Services
Business Coaching Services
MarketplacesExhibitions
Save MoneyRisk Magazine

#BusinessRiskTV #RiskProfile #BusinessProfile #RiskManagementProcess #RiskProfiling #RiskManagement #EnterpriseRiskManagement #RiskAssessment #RiskIdentification #RiskAnalysis #RiskControl #BusinessRiskAssessment

Discover new ways to protect and grow your business with BusinessRiskTV

BusinessRiskTV Do you know your business risk profile

Do you overvalue your current business decision making ability and undervalue an alternative enterprise risk management process?

Benefits of enterprise risk management

Improve your risk management process. Mitigate threats or seize new opportunities more quickly. Simplify your enterprise risk management ERM process.

Introduce a framework for your business to use an enterprise risk assessment process to reduce uncertainty. Make quick well informed business decisions. Take a systemic risk based approach to manage enterprise risks more effectively.

Use an enterprise risk management business strategy to inform your decision making process

BusinessRiskTV

Adopt an holistic approach to business risk management. Develop your risk knowledge and improve your risk management capability. Better business decision making will build long term business resilience regardless of the economic environment. Develop a more structured approach to making business decisions.

Enhance strategic operational and project decision making with enterprise risk management ERM

BusinessRiskTV

Increase your ability to prioritise your business resources for best effect on your business objectives.

Subscribe to BusinessRiskTV for free alerts bulletins and reviews on enterprise risk management

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business
Find out how to promote your business locally and globally
MarketplacesExhibitions
DealsRisk Magazine

#BusinessRiskTV #EnterpriseRiskManagement #RiskManagement #DecisionMaking #BusinessDecisions

BusinessRiskTV Do you overvalue your current business decision making ability and undervalue an alternative enterprise risk management process?

Working to make sure your company seizes growth opportunities

What makes a business sustainable and profitable?

Innovative ways to sustain your business. Identify and seize new business opportunities. Fulfil your entrepreneurial attitude and seize the right opportunities for business growth.

Subscribe to BusinessRiskTV for free alerts and bulletins on innovative ways to grow your business faster

How To Grow A Business With No Money
Learn how to grow your small business enter code #BusinessGrowth
[ninja_forms id=1]

Enter code #BusinessGrowth

Promote and market your business on BusinessRiskTV for 12 months

Working to make sure your company seizes growth opportunities

Read business growth articles and watch videostream trending on BusinessRiskTV

Business Growth Club
Business Risk Management Tips
International Risk Specialists
Roundtable Discussions and Debates
Horizon Scanning

Online MarketplacesOnline Exhibitions
Offers Deals DiscountsEnterprise Risk Magazine

#BusinessRiskTV #BusinessGrowth #GrowthOpportunities #GrowingABusiness #GrowABusiness

BusinessRiskTV Working to make sure your company seizes growth opportunities

Strategies For Innovative Thinking

Creative and innovative thinking with BusinessRiskTV.com

Develop innovative thinking skills and process for your business. Find new and innovative ideas to help your business grow faster.Learn about strategies to help develop innovative thinking.

Develop a more innovative business to create a competitive advantage

BusinessRiskTV

Creative thinking for practical benefits will help your business grow faster. Learn techniques for generating new ideas. Connect with top business leaders around the world to help you.

Identify and seize new business opportunities.

BusinessRiskTV

Subscribe to BusinessRiskTV for free alerts and bulletins on innovative ideas to protect and grow your business

Enter code #InnovationLab

Promote and market your business on BusinessRiskTV for 12 months

How to find new customers and increase sales
Targeted Marketing Investment To Hit The Potential Buyers You Need To Grow Your Business Faster

Read articles and watch videostream trending on BusinessRiskTV

Innovation and Entrepreneurship News

Strategic Foresight Consultants

Innovation Lab Workshops

Disruptive Innovators

Leaders In Business Innovation

MarketplacesExhibitions
DiscountsRisk Magazine
Support for Entrepreneurs and Intrapreneurs

#BusinessRiskTV #Innovation #StrategicThinking #InnovativeThinking

BusinessRiskTV Strategies For Innovative Thinking

Tackling the risks that matter to businesses

Securing business benefits of tackling key business risks with BusinessRiskTV.com

Business performance can improve faster tackling business risks holistically rather than individually. Discover the best ways to tackle the biggest risks to your business. Is your business properly prepared with effective risk management tools and techniques.

Secure greater business benefits from enterprise risk management ERM

BusinessRiskTV

Take more confident steps to tackle increased business risks. Read and watch videostream on practical risk management suggestions for the key risks that matter to your business performance. Address the key risk in your business more cost effectively and profitably.

Redesign your risk management plan to detail new strategies for dealing with key risks specific to your business. Focus your existing resources on the issues that will build strongest business resilience.

Businesses of every kind in every sector and every country seizing business opportunities to grow faster with less uncertainty. Risk affects all areas of your business. Manage those risks better for heightened business success.

Subscribe to BusinessRiskTV for free alerts and bulletins to inform your business decision making

[ninja_forms id=1]

#BusinessRiskTV #RiskManagement #EnterpriseRiskManagement

BusinessRiskTV Tackling the risks that matter to businesses

UK Economic Future

UK economic outlook with BusinessRiskTV.com

Subscribe to BusinessRiskTV for free UK business and the economy alerts and bulletins notifications

UK economic forecast next 5 years. Global business and economy experts opinions analysis and review of best guess for UK economy. Network with top business leaders and risk management professionals to help you make better more informed business decisions.

Businesses in the UK will grow over the next 5 years. Will your business be one of them. Not all businesses in UK will grow. The UK business leaders which take the right decisions to protect and grow their business will grow their business regardless of the UK economic future.

What of the future? Economic growth not contraction. The fundamentals of the UK economy are strong. Can your business exploit the opportunities for growth that are ahead?

Enter code #UKeconomicfuture

Promote and market your business in the UK on BusinessRiskTV for 12 months

Effective Digital Marketing Strategy
Reach influencers key decision makers and the business leaders who will buy from your business

Recommended articles and videos trending on BusinessRiskTV

Is printing money a Ponzi scheme designed to bail governments out and create asset bubbles to make rich richer and poor poorer?

The claim that printing money by western central banks is a Ponzi scheme is a controversial one. Some economists argue that it is true, as printing money can lead to inflation, which erodes the value of money saved by citizens and investors. Others argue that printing money can be a necessary tool to stimulate economic growth, and that the negative effects of inflation can be managed.

Here are some of the potential consequences of printing money:

  • Inflation: When the government prints more money, it increases the amount of money in circulation. This can lead to inflation, as people have more money to spend and demand for goods and services increases. Inflation can make it more expensive to buy goods and services, and can erode the value of savings.
  • Devaluation of the currency: If the government prints too much money, it can lead to the devaluation of the currency. This means that the currency will become worth less in terms of other currencies. This can make it more expensive for businesses to import goods and services, and can make it more difficult for people to travel abroad.
  • Unintended consequences:Printing money can also have unintended consequences. For example, it can lead to asset bubbles, as people invest in assets in the hope that their value will increase. This can lead to a financial crisis if the asset bubble bursts.

It is important to note that the effects of printing money can vary depending on the specific circumstances. For example, the effects of printing money during a recession may be different from the effects of printing money during a period of economic growth.

In conclusion, the claim that printing money by western central banks is a Ponzi scheme is a complex one. There are both potential benefits and risks associated with printing money, and the effects can vary depending on the specific circumstances.

Jobs Trending Now

What You Need To Know About UK Business and Economy Today

UK Mystery Shopper Services

UK Online Trade Show

UK Business Magazine

Ask The Experts On The UK Economy and Business Prospects For Free

Find out when the next live business management expert panel is hosted on BusinessRiskTV. Subscribe to BusinessRiskTV for free alerts and bulletins.

Free Business Management Advice and Tips

Find ways to grow your business faster more resiliently and with less uncertainty

Our innovative approach to business growth will help your business grow faster regardless of the UK economic outlook. Some businesses always grow and there is no reason it could not be your business.

How to grow your business online
Help to grow your business faster

Sure there is uncertainty about the UKs economic future. When has there been certainty? The key is to find ways to grow whatever the economic future or at least protect your business so it is resilient and survives.

There are undeniable challenges ahead for UK business leaders. Identify them assess their impact on your business and set a risk management plan and strategy for business resilience.

MarketplacesExhibitions
OffersRisk Magazine

#BusinessRiskTV #UKeconomy #UKbusiness #UKmagazine #UKonline #UKmarketplace #UKnews #UKreports #UKreview

BusinessRiskTV UK Economic Future

Interested in speaking as a country or industry or specific type of risk expert

All types of risk management tips advice and support on BusinessRiskTV.com

Could you help business leaders and help yourself at the same time? You can with BusinessRiskTV. Join our panel of enterprise risk management experts. Network with your peers and risk management experts to boost your business performance. Pick up tips to overcome barriers to business growth.

Importance Of Risk Taking In Entrepreneurship

Importance Of Risk Taking In Business

Subscribe to BusinessRiskTV for free alerts and bulletins to upcoming panel discussions and debates

Enter code #RiskPanel

Recommended articles and videos trending on BusinessRiskTV

Enterprise Risk Management Experts On Business Protection And Business Growth
Enter code #ERMexperts

Business Risk News Videos

Citizen Journalism Videos

Business Live Streaming

Business Risk Radar

Risk Events

Managing business risk advice tips consulting and training with BusinessRiskTV

Get help support and advice from our risk management experts with BusinessRiskTV

#BusinessRiskTV #Speakers #RiskExperts #IndustryExperts #CountryExperts #ExpertPanels #BusinessTips #BusinessAdvice #RiskManagementTraining #Networking

Interested in speaking as a country or industry or specific type of risk expert

We need to invest money in old ideas and new

Do you want to invest in your business future today

Subscribe to BusinessRiskTV for free alerts and bulletins on business innovation and growth ideas

Our future is here. We need to invest hard cash into the money innovative ideas that are just seedlings. In addition we need to invest money on old ideas that have legs but no backers. There are enormous opportunities for business and economic growth. Trouble is that we are still trying to make the obsolete ideas work for us now.

 

Business Change and Transformation For the Better

Promote and market your business with BusinessRiskTV for 12 months

Sign up to BusinessRiskTV
Sign up to BusinessRiskTV newsletter or follow us via your favourite social media account

Recommended articles and videos trending on businessrisktv

Innovation Lab

Mutual Business Growth Collaboration

Business Innovation and Skills Development

How To Grow Business Tips

Find Key To Business Growth

Innovative Business Ideas
Find Out More About Business Innovation Opportunities and Ideas for Business Click Here
Marketplaces Exhibitions
Deals Risk Magazine

#BusinessRiskTV #InvestInOurFutureToday #GrowYourBusiness #StartYourBusiness #BusinessGrowth #InnovationLab

BusinessRiskTV We need to invest money in old ideas and new

Risk Events

BusinessRiskTV Risk Management Events online help for business leaders to grow business faster with less uncertainty

Did you want to understand the threats and opportunities you are or will face?

BusinessRiskTV Risk Events will help inform your risk management decision making. Make better decisions with less uncertainty.

Join us at free risk management events. BusinessRiskTV free online Risk Events are aimed at business leaders. Our risk management experts will help business leaders overcome barriers to success.

Come to our online risk events armed with any questions specific to your business needs as you like. Pick up free business risk management advice wherever you are in the world with a WiFi signal.

To confirm your interest and receive alerts to future Risk Events subscribe to BusinessRiskTV for free today.

Subscribe to BusinessRiskTV free Risk Events to receive free alerts and bulletins

Enter code #RiskEvents

Who Is BusinessRiskTV

BusinessRiskTV was created by Keith Lewis as a hub for business leaders to connect with business management experts and other business leaders to solve business problems quicker.

With BusinessRiskTV you can pick up free business risk management tips advice and support. Our risk management tools and facilities provide various ways to gain support when making important business decisions wherever you are in the world.

Get a quiet nights sleep knowing that your business is better protected and more likely to grow faster with less uncertainty

BusinessRiskTV

Come back time and again for the latest business risk management news headlines opinions and reviews.

How can BusinessRiskTV help your business

With our support uncertainty will have less of a negative impact on your business. Be more positive about future of your business.

It is our mission to help protect your business better and help you grow it faster more profitably for longer. Without making the right decisions at the right time you expose your business to losses and may miss opportunities for business development.

We have a range of services to help you. Most of them are free. We are constantly evolving our range of services to keep you covered. You develop a more holistic approach to business problem solving for a greater chance of more success.

  • Sell More In UK Online. We can help you with ecommerce solutions to sell more profitably and safely online.
  • Sell More Overseas. We can help you sell more in overseas marketplaces more profitably and safely.
  • Collaborate and network online with top business leaders and risk management experts for free. Find best ways to protect and grow your business faster.

Join us at an online Risk Event to taste what we have to offer your business

Subscribe to BusinessRiskTV to find out when the next Risk Event takes place and where to find the best Risk Events for your business needs on BusinessRiskTV.

Online entry to Risk Events is free but by invitation only so subscription is essential. You can book into specific Risk Events when you receive specific Risk Event invitation.

To subscribe to BusinessRiskTV please complete and submit the above form free of charge.

Find out more about our founder Keith Lewis

Recommended articles and videos trending on BusinessRiskTV

Find training course near you or online

Effective Practical Enterprise Risk Management Workshops

Focal Point For Risk Leadership

Organisational Resilience and Agility

News Headlines Breaking Stories

MarketplacesExhibitions
DiscountsRisk Magazine

#BusinessRiskTV #RiskEvents #RiskManagement #EnterpriseRiskManagement #RiskWorkshops #RiskTraining #BetterDecisions #BusinessManagement #RiskManagementTips

BusinessRiskTV Risk Events

UK Currency Conundrum

How to make the UK currency work in your business favour

USA president Donald Trump plans to add a 10 percent tariff to another 300 billion dollars of Chinese imports on 1st September. Without a trade deal the global economy will continue to suffer not just China and USA economys. Part of the trade war rhetoric from USA is that China is manipulating its currency to keep it artificially low to gain a competitive advantage.

A weaker yuan makes Chinese exports more competitive or to put it another way a weaker yuan makes it cheaper to buy more Chinese goods with foreign currencies.

BusinessRiskTV

Here in the UK the low value of the pound is held up as a bad thing for the UK economy. The airwaves are full of woe about the negative effects of the low value of the pound on the UK. In the USA president Trump moans about the Federal Reserve keeping the value of the dollar too high with too high interest rates. In addition the USA Treasury classed China as a currency manipulator as it claims China manipulates its currency to keep it lower than warranted.

The USA Treasury says China manipulates its currency to keep it lower to improve its international balance of trade and gain unfair competitive advantage in international trade. USA is taking steps in a trade war to lower the value of the dollar and push up value of the yuan.

Why does president Trump and China want lower currency valuation and UK whinges and bellyaches over low value of pound?

BusinessRiskTV

It seems that many people with their own political agenda are happy to talk the UK into a recession it does not need to enter if it looks at the opportunities from selling more overseas from UK. If you are open to more ideas to grow your business faster contact us.

Most of the FTSE 100 companies in the UK benefit from a low value in the pound. Their profits are in dollars and when converted to the pound these companies receive a currency benefit to business performance. Investors including the UKs pension funds receive a low value in currency beneficial online casino bonuses at bonushitlist.

Furthermore the UK is benefiting from more income from more tourists coming to the UK. UK tourism money from overseas visitors will help boost UK economy. Business leaders in UK tourism industry should be going all out to attract visitors to their business. The low value of the pound is giving these UK tourism related businesses a competitive advantage.

Without having to enter a trade war or manipulate its currency the UK has been dealt cards that includes low value of the pound. Instead of encouraging UK business leaders of SMEs and large firms to export export export the UK media and political opportunists talk down UK economy. The result is that the UK is failing to taking advantage of the low value of the pound.

By constantly talking up Brexit uncertainty and ignoring the real threats and opportunities from the current global economic conditions the UK will suffer more pain than it needs to that Germany Japan France Italy and most other countries are suffering too.

Scores of central banks around the world have recently lowered interest rates to cope with the global economic slowdown. The UK can use the low value of the pound to trade its way out of the global economic slowdown. It could that is if business leaders focused on the real threats and opportunities from the low value of the pound.

Subscribe to BusinessRiskTV for free alerts and bulletins to help protect and grow your business with less uncertainty

[ninja_forms id=1]

Enter code #BusinessRiskTV

Promote and market your business on BusinessRiskTV UK Currency Conundrum for 12 months

UK Currency Conundrum

Recommended further business risk management articles and videos

Risk Management Products

Business Risk Management Workshops

Meeting Place For Practical Risk Management Tips and Advice

Business Risk Management Club

Why Business Risk Management Is Important

Risk AcademyOnline Marketplaces
Online ExhibitionsEnterprise Risk Magazine

#BusinessRiskTV #UKeconomy #UKbusiness #UKmagazine #BusinessMagazine #CompetitiveAdvantage #UKcurrency #TradeWar #Brexit #USA #China #EuropeanUnion

BusinessRiskTV UK Currency Conundrum

Ebola Virus Disease Pandemic Risk Review

Reviewing the pandemic risks with BusinessRiskTV.com

Discover more about ebola virus. Identify ways to prevent ebola contraction and spread. Review current ebola virus pandemic risk.

The World Health Organisation WHO declared the Democratic Republic of Congos ebola outbreak as an international health emergency

BusinessRiskTV

Those most at risk from ebola outbreaks tend to be health care workers caring for ebola victims.

Subscribe to BusinessRiskTV Ebola Virus Risk Alerts and Bulletins

[ninja_forms id=1]

Enter code #EbolaVirusDisease

19th July 2019 Ebola Outbreak Crisis Worsens

The risk of global pandemic is very low but locally the number of deaths continues to climb. 1600 people have been killed by ebola virus in the DR Congo.

11000 people died in last ebola epidemic in West Africa from 2014 to 2016

BusinessRiskTV

The current large ebola outbreak has not yet resulted in restrictions on travel or trade but the rate of deaths is accelerating.

A further factor in the spread of ebola in the region is the attacks on healthcare workers. This makes it even more likely that neighbouring countries could be seriously affected by the outbreak in the DR Congo.

Recommended global risk management and pandemic risk articles and videos

AcademyMarketplaces
Risk MagazineExhibitions

#BusinessRiskTV #PandemicRisks #EbolaVirus

BusinessRiskTV Ebola Virus Disease News Headlines

Existential Threats With BusinessRiskTV

Existential risks business leaders should be aware of today with BusinessRiskTV

We are in an existential crisis on so many fronts. Geopolitics threatens around every corner domestically in UK and around the world. Technology could create societal threats and even AI attacks on humans! Pandemic threats are closer than we could ever imagine last century.

However each of these threats presents opportunities to take the upside risk. Turn the threat into an opportunity to grow and prosper.

Subscribe to BusinessRiskTV for free alerts and bulletins

Enter code #ExistentialThreats

Recommended articles and videos

Covid-19 UK Risk Management Review
Tony Blair An Covid-19 25 October 2021
AcademyMarketplace sales
ExhibitionsRisk Magazine

Existential Threats

Business Risk Reviews With BusinessRiskTV

Understand key business risks facing your business with help from BusinessRiskTV

Subscribe for free to BusinessRiskTV for alerts and bulletins

What should you be worried about? What are you doing you should not be doing in business? What are you not doing that you should be doing?

Enter code RISKREVIEWS

Recommended risk review articles events training and videos

AcademyMarketplaces
ExhibitionsRisk Magazine

BusinessRiskTV Business Risk Reviews

Business Risk News BusinessRiskTV Risk Management Articles and Videos

Risk and insurance news on BusinessRiskTV

Subscribe to BusinessRiskTV business risk management news bulletin to inform your decision-making.

BusinessRiskTV.com Free Subscription Online
Subscribe to BusinessRiskTV.com for free

Why is risk management in the news today? Latest business risk management news headlines opinions and business reviews. Top business videos live and on demand. Pick up tips advice and support to inform your business decision making process. Network with key business risk management thought leaders around the world.

Subscribe to BusinessRiskTV Business Risk News for free to receive alerts and bulletins

Breaking News on BusinessRiskTV.com Online Live News Alerts
BusinessRiskTV News Opinions Reviews

Enter code #BusinessRiskNews

Promote and market your business on BusinessRiskTV for 12 months

Cheap ways to promote your business

Put your products or services in front of new people 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 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.

Business Risk News : if your objective is freedom and success you will need objectivity, clarity and independence of thought from your news source to discover freedom and success in business. The wider news media is useless to you as it has its own agenda. If your recognise that this is the real truth and understand why that impacts on your ability to make your business a success then you will want to come back to BusinessRiskTV Risk News more often for help to inform your better decision making process to achieve success in business with less uncertainty. Don’t let yourself be brainwashed by the agenda of others not aligned to your business objectives.

Academy Marketplaces
Exhibitions Risk Magazine
Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #RiskNews #RiskManagementNews #RiskManagementReviews #RiskManagementOpinion #TopBusinessVideos #BusinessRiskNews #Marketing

Business Risk News BusinessRiskTV Risk Management Articles and Videos

Business Risk Management Products and Services Marketing BusinessRiskTV Influencer Marketing

Enterprise risk management tools and solutions on BusinessRiskTV

Partner with BusinessRiskTV Influencer Marketing services. Collaborate with BusinessRiskTV to get your business risk management business noticed more. Make your influencer marketing budget go further to increase revenue.

Maximise your return of investment in your marketing and advertising with BusinessRiskTV.

BusinessRiskTV

Develop the right content to showcase your business products and services. BusinessRiskTV moves away from the traditional term of influencer. We work with key business risk management influencers in country risks and industry risks as well as holistic risk management influencers.

We team up with top business risk management influencers to promote your business interests in an ethical and transparent way.

  • Understand risks facing your business better
  • Make your brand stand out in a positive way
  • Helping brands and influencers build lasting partnerships

Enter code #InfluencerMarketing

Use Influencer Marketing to enhance your brand communication

BusinessRiskTV immerses itself in business risk management trends. We build connections with the top business thought leaders around the world. Helping your brand join the conversation at the right time. Promote your brand in the best way.

AcademyMarketplaces
ExhibitionsRisk Magazine

Discover new ways to protect and grow your business with BusinessRiskTV

BusinessRiskTV Influencer Marketing

Financial services risk management approach that creates business and economic opportunities BusinessRiskTV Strategic Risk In Financial Services

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. Italian Chinese 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 Europe Asia 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

Alternatively CLICK HERE to find other ways of promoting your business more cost effectively.

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.

Recommended articles and videos

AcademyMarketplaces
ExhibitionsRisk Magazine

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.

BusinessRiskTV Strategic Risk In Financial Services

Develop sustainable competitive advantage BusinessRiskTV Competitive Advantage Strategies

How to achieve sustainable competitive advantage with BusinessRiskTV.com

Subscribe to BusinessRiskTV for free

Offer greater value for lower cost with BusinessRiskTV. Lower your price but still make profit. Provide greater benefits in collaboration with other business leaders at higher price.

Develop new ways to lower your costs to drive your competitors out of your marketplace and win new business for yourself

Learn how to gain competitive advantage in our marketplaces. Our online marketplaces lower your costs of promotion and marketing for increased new business and profit.

Helping connect people and businesses online

Finding the latest best products and services can be time consuming or unfruitful. We make life and business easier and better.

Searching for what you need to help your business grow faster is free. Come back often to find the best of BusinessRiskTV articles and reviews quickly. Pick up the latest business risk management news headlines opinions debate and business reviews.

Innovation led risk based approach to improving business performance. Find new keys to unlock greater success in business.

Do you own or manage a business?

Want to distinguish your business from the competition? Develop real competitive advantages.

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.

Become Competitive Advantage Strategies Post sole sponsor for 12 months

Sponsor Competitive Advantage Strategies Post for 12 months

Alternatively CLICK HERE to find other ways of promoting your business more cost effectively.

Recommended articles and videos

Academy Deals
Risk Magazine Marketplaces

BusinessRiskTV Competitive Advantage In Business

Suggestions To Improve Risk Culture In Banking BusinessRiskTV FCA Risk Culture Review

2008 should have been the watershed moment for the financial services sector and banking in particular to implement systemic changes to incorporate enterprise risk management principles and practices.

Financial services companies have continued to bring to market products that have led to claims for compensation. Nonsense of putting the customer first is often uttered in the financial services sector.

The reality is that the financial services sector risk management culture is still systemically broken and it is likely to lead to the next financial crisis. A financial crisis comes along roughly every 10 years. As we look towards 2019 the next financial crisis is overdue.

How will the next financial crisis manifest itself? Not known. Will it happen? Almost certainly. Most countries have not fully recovered from the last financial crisis. Their economies are still very weak. Even the strong are comparatively weak. This means we may never recover from the next financial crisis and so should do more to make sure the next financial crisis is avoided or mitigated.

Most likely cause of the next financial crisis is the compounding and aggregation of financial risk.

BusinessRiskTV

The last financial crisis grew and exploded from the productionisation of simple debt prototype ideas thought up by people who thought they were masters of the world. Despite the new false perception that after ten years we have now paid our dues we are in fact drowning in more unpaid debt than ever.

Unpaid debt will continue to be wrapped up in shiny new marketing material designed to protect the buyers from the toxicity of the core material. Piled high and sold cheap these debt instruments will be combined and recombined. The new for old debt products will build the tower that will be the start of the beginning of the end for many a business in the next financial crisis.

Connecting Business Leaders On BusinessRiskTV

Finding the latest best risk management practices can be time consuming or unfruitful. We make it easier and better.

Searching for what you need to inform your business decision making process is free. Come back often to find the best of risk management online quickly. Pick up the latest business risk management news headlines opinions debate and business reviews.

Subscribe to BusinessRiskTV for free for tips advice and support to improve risk management culture in your organisation

CLICK HERE to subscribe to BusinessRiskTV for free

Do you own or manage a business?

CLICK HERE to learn about innovative ways to promote and market your business more profitably

Become Suggestions To Improve Risk Culture In Banking sole sponsor for 12 months

Business leaders do not always have the marketing budget to promote their business in Aberdeen and beyond. We provide a range of online marketing options for businesses in Aberdeen to fit most budgets so you can promote your business products or services for longer.

Paypal is an independent third party payment system provider. We will never see your full payment details. Pay with your credit or debit card and be protected by Paypals secure systems.

Sponsor Suggestions To Improve Risk Culture In Banking for 12 months

Name of your business

When Paypal tell us your sponsorship fee has cleared to our account we will

  1. Email you to get your logo or image an link it to your business website
  2. We will also ask for more information about your business to create a business review to promote your business
  3. We will include all your preferred contact details to make it easy for new potential customers to buy from you instead of your competitors

Alternatively CLICK HERE to find other ways of promoting your business more cost effectively.

Recommended articles and videos

Follow Us @HolisticRiskMgt for updates and highlights on BusinessRiskTV
Risk AcademyDeals Discounts Offers
Online MarketplacesRisk Management Magazine

BusinessRiskTV Financial Services Risk Culture Review

Tsunami Of Change In Retail Sector BusinessRiskTV Retail Risk Management News

Buy and sell more cost effectively with BusinessRiskTV

Retailers in UK often talk about the threats to their business model and profitability

Maybe this year it is particularly justified. Certainly the amount of retail business failures is significant and the job losses have been truly shocking. Businesses that have been successful for decades or at least around have finally closed their doors or are in the process of closing the doors to their shops.

Manage troubles in the retail industry better and seize new business development opportunities with BusinessRiskTV. Combat the causes of the tsunami of retail store closures regardless of the macro changes your business has to cope with.

Connecting Business

Finding the latest best retail risk management can be time consuming or unfruitful. We make life and business easier and better.

Searching for what you need to inform your retail business decision process is free. Come back often to find the best of retail thinking and practices. Pick up the latest retail business risk news headlines opinions debate and business reviews.

Subscribe to BusinessRiskTV Retail Risk Management for free

Pick up tips advice and support to improve your retail business. From supply chains to delivery to the door of your new customers.

CLICK HERE to subscribe to BusinessRiskTV

Do you own or manage a retail related business?

CLICK HERE to find new ways to promote market and develop your retail related business

Recommended articles and videos

Academy Hot Deals
Marketplaces Magazines

BusinessRiskTV Retail Risk Management News

Keep Calm And Carry On With BusinessRiskTV

Developing best risk management plan for your business with BusinessRiskTV.com

Business leaders must keep calm and carry on regardless of what risks materialise

Your risk management planning should encompass proactive and reactive actions to manage risk efficiently.

Make sure you protect and utilise your people processes premises and suppliers cost efficiently. Develop processes to seize and develop your business opportunities.

Risk Management is not just about maintaining business as usual. It is a risk based approach to ensuring you make the most from your business assets

Network with business leaders around the world to inform your business decision making process to achieve greater success with less uncertainty.

Subscribe to BusinessRiskTV for free

Connecting Business Leaders

Finding the latest best risk management practices and news can be time consuming or unfruitful. We make it easier.

Searching for what you need to inform your business decision making is free. Come back often to find the best of risk management products and services. Pick up the latest business news headlines opinions debate and business reviews.

CLICK HERE to subscribe to BusinessRiskTV for alerts to latest business risk management news headlines opinions debates and product reviews

Do you own or manage a business involved in business risk management?

CLICK HERE to find ways to promote and market your business products or services more cost effectively.

Recommended articles and videos

Academy Risk Magazine
Marketplaces Exhibitions

BusinessRiskTV