Survival Strategies In Business

Survival strategy in strategic management

Business survival guide for trading through harsh economic environment

Survival Strategies in Business: A Comprehensive Guide to Thriving in Harsh Economic Environments

In today’s volatile business landscape, navigating through challenging economic conditions can be a daunting task. However, with effective survival strategies in place, businesses can not only weather the storm but also emerge stronger. This article will provide valuable insights and practical tips on how to keep your business afloat during harsh economic environments, employing key survival strategies in strategic management.

  1. Assess and Adapt: The Foundation of Survival Strategies
    Surviving in a harsh economic environment begins with a thorough assessment of your business. Evaluate your current position, identify strengths, weaknesses, opportunities, and threats (SWOT analysis), and develop strategies to leverage your strengths and address weaknesses. Adaptability is key, as businesses must be prepared to pivot and adjust their operations to align with changing market demands.
  2. Streamline Operations and Reduce Costs
    During challenging times, it is crucial to optimize your operations and identify areas for cost reduction. Analyze your business processes, eliminate inefficiencies, renegotiate contracts with suppliers, and explore opportunities for outsourcing non-core activities. Cutting unnecessary costs while maintaining quality and efficiency can help businesses survive and remain competitive.
  3. Diversify Your Revenue Streams
    Overreliance on a single product, service, or market can expose businesses to significant risks. To enhance survival prospects, consider diversifying your revenue streams. Explore new markets, develop complementary products or services, or establish strategic partnerships that can open up additional income sources. This diversification can provide stability and cushion against economic downturns.
  4. Maintain Strong Relationships with Customers
    Nurturing and retaining existing customers is vital during tough economic times. Focus on providing exceptional customer service, personalised experiences, and innovative solutions that meet their evolving needs. Develop loyalty programs, offer incentives, and engage in proactive communication to strengthen customer relationships. Satisfied customers are more likely to remain loyal and support your business, even in challenging times.
  5. Embrace Digital Transformation
    In the digital age, businesses that fail to adapt to the digital landscape risk falling behind. Invest in technology and embrace digital transformation to improve operational efficiency, reach a wider audience, and capitalise on emerging opportunities. Leverage digital marketing, social media, and e-commerce platforms to expand your online presence and connect with customers in cost-effective ways.
  6. Continuously Monitor and Anticipate Market Trends
    Survival strategies require businesses to stay ahead of the curve by monitoring and anticipating market trends. Regularly analyse industry reports, conduct market research, and keep a close eye on your competitors. This proactive approach allows you to identify emerging opportunities, anticipate challenges, and make informed strategic decisions to keep your business agile and resilient.
  7. Build a Resilient Workforce
    Employees are the backbone of any organisation, and their resilience is crucial during tough times. Foster a culture of open communication, transparency, and collaboration within your workforce. Provide training and development opportunities to enhance their skills and adaptability. Engage in effective change management practices to ensure a smooth transition during challenging periods. A resilient workforce can contribute significantly to the survival and growth of your business.
  8. Seek Financial Support and Plan for Contingencies
    When economic conditions worsen, seeking financial support can be essential for business survival. Explore funding options, such as loans, grants, or government programs designed to assist businesses during economic downturns. Develop a contingency plan that includes financial forecasts, cash flow management strategies, and risk mitigation measures. Being prepared for unexpected challenges can minimise their impact on your business operations.
  9. Collaborate and Leverage Networks
    In difficult times, collaboration and strategic alliances can be powerful survival strategies. Identify opportunities to collaborate with other businesses or industry associations to share resources, pool knowledge, and jointly tackle challenges. Collaborative efforts can lead to cost savings, knowledge exchange, and access to new markets or customer segments. Leverage your professional networks, attend industry events, and actively participate in business communities to stay connected and explore potential partnerships.
  1. Communicate Transparently with Stakeholders
    During harsh economic environments, maintaining open and transparent communication with stakeholders is crucial. Keep employees, investors, suppliers, and customers informed about your business’s situation, challenges, and strategies. Clear communication fosters trust, builds loyalty, and encourages support from key stakeholders. It also allows for collaborative problem-solving and enables stakeholders to align their expectations with the reality of the economic climate.
  2. Embrace Innovation and Agility
    Innovation and agility are key survival traits for businesses operating in challenging economic environments. Encourage a culture of innovation within your organisation, where employees are empowered to generate and implement new ideas. Adapt quickly to changing circumstances, seize emerging opportunities, and be willing to modify your business model or offerings to meet evolving market demands. Embracing innovation and agility can help you stay ahead of the competition and thrive, even in tough times.

Surviving and thriving in harsh economic environments require a combination of strategic planning, adaptability, and resilience. By implementing the survival strategies in strategic management outlined in this article, businesses can weather economic downturns, keep their businesses afloat, and position themselves for long-term success. Assessing and adapting, streamlining operations, diversifying revenue streams, maintaining strong customer relationships, embracing digital transformation, monitoring market trends, building a resilient workforce, seeking financial support, collaborating with others, and communicating transparently are key elements to guide businesses through challenging times. By employing these strategies, you can fortify your business’s survival and emerge stronger in the face of adversity.

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How can a business grow in uncertain times

Can you shape your business destiny:

  • Is your business prepared for any change in business climate?
  • Do you have a business plan recognising opportunities to grow through any crisis of fortune?
  • What is your strategy for growing through uncertain times?

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Decision making under uncertainty

Procrastination or failing to take risks can be as damaging as taking calculated risks to achieve business objectives. The uncertainty in business environment is not going to go away. Waiting for the right time may mean you wait forever and it still works out badly for your business.

A recession, even a depression, can be a good tome to beat your competition through business growth

A global recession is coming. It may even turn into years of depression. You may need to rethink your business during the uncertainty that comes during the bad months, perhaps years, ahead.

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We connect with business leaders to manage the risks during heightened uncertainty. The threats to your business have rarely been greater. However, the riskiest business environments create the best tomes for faster business growth.

Embracing Risk in Business: Overcoming Failure and Breaking the Status Quo Trap

If you want success in business you have to take risks and know that if you made bad decisions Plan B, C or D will enable you to recover and still move forward.

In the dynamic world of business, success often hinges on the ability to take risks and make informed decisions. Entrepreneurs and business leaders know that to achieve significant growth, they must step out of their comfort zones and embrace uncertainty. This article explores the importance of risk-taking in business and how it can lead to success. Additionally, we will discuss the strategies to overcome failure, the perils of the status quo trap in decision-making, and the impact of risk on the decision-making process.

  1. Why is risk important in business?
    1.1. Driving Innovation and Growth
    1.2. Seizing Opportunities in a Competitive Market
    1.3. Navigating Uncertainty and Adapting to Change
    1.4. Attracting Investors and Stakeholders
    1.5. Learning and Personal Growth
  2. How do you overcome business failure?
    2.1. Accepting Failure as a Learning Opportunity
    2.2. Analysing and Understanding the Root Causes of Failure
    2.3. Reevaluating and Adjusting Strategies
    2.4. Cultivating Resilience and Perseverance
    2.5. Seeking Mentorship and Learning from Others’ Experiences
    2.6. Leveraging Failure for Future Success
  3. The Status Quo Trap in Decision-Making
    3.1. Defining the Status Quo Trap
    3.2. Recognizing the Dangers of Complacency
    3.3. Assessing the Cost of Inaction
    3.4. Overcoming the Status Quo Trap
    3.5. Encouraging a Culture of Innovation and Change
  4. How Does Risk Affect Decision-Making?
    4.1. Rational vs. Irrational Decision-Making
    4.2. Understanding Risk Appetite and Tolerance
    4.3. Weighing Potential Gains and Losses
    4.4. Mitigating Risks through Analysis and Planning
    4.5. Balancing Risk and Reward
    4.6. Incorporating Risk Management Strategies

To achieve success in business, it is imperative to recognise the significance of risk-taking and the role it plays in driving growth, innovation, and adaptability. Overcoming failure requires resilience, a willingness to learn from mistakes, and a commitment to constantly improve. Moreover, breaking free from the status quo trap empowers decision-makers to challenge conventional thinking and embrace change. By understanding the interplay between risk and decision-making, entrepreneurs can make informed choices that lead to positive outcomes and propel their businesses forward.

Remember, success in business isn’t about avoiding risks altogether but rather about managing and mitigating them effectively. Embrace the unknown, learn from failures, and dare to challenge the status quo ā€” for it is through these actions that true success can be achieved.

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Learn to enjoy and fully embrace business development process and the your business development goals will come. Focusing on sales increase may be your problem even if sales are increasing. Sustainable sales growth will come from the right business development process not sales increases. A whole host of reasons can be found to explain why your sales are increasing and not all of them can be sustained for long-term business expansion.

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Growth Strategy with BusinessRiskTV

Developing a growth strategy is an important task for any business looking to achieve success and expand its operations. A well-crafted growth strategy can help you identify new opportunities, target new markets, and increase your revenue streams. However, developing an effective growth strategy is not always an easy task. It requires careful planning, a deep understanding of your market, and a willingness to take calculated risks.

BusinessRiskTV is a platform that helps businesses develop growth strategies by providing them with access to a network of business experts, tools, and resources. In this article, we’ll take a closer look at how BusinessRiskTV can help you develop a growth strategy that works for your business.

What is a Growth Strategy?

A growth strategy is a plan of action that businesses develop to achieve growth and success in their respective markets. It involves identifying new opportunities, targeting new markets, and developing new products or services. A growth strategy can also include mergers and acquisitions, partnerships, and other strategic alliances.

There are several types of growth strategies that businesses can pursue, including:

Market Penetration: This strategy involves selling more of your existing products or services to your current customers or increasing your market share in your existing market.

Product Development: This strategy involves developing new products or services to sell to your existing customers or expanding your product line to attract new customers.

Market Development: This strategy involves selling your existing products or services in new markets or expanding your business into new geographic regions.

Diversification: This strategy involves diversifying your business into new markets or industries that are unrelated to your existing business.

Why is a Growth Strategy Important?

A growth strategy is important because it helps businesses achieve their long-term goals and objectives. It allows businesses to stay competitive in their respective markets and adapt to changing market conditions. A growth strategy can also help businesses increase their revenue, profits, and market share.

However, developing an effective growth strategy is not always easy. It requires careful planning, market research, and a deep understanding of your business and your market. This is where BusinessRiskTV can help.

How BusinessRiskTV Can Help You Develop a Growth Strategy

BusinessRiskTV is a platform that provides businesses with access to a network of business experts, tools, and resources. The platform can help you develop a growth strategy that works for your business by providing you with the following:

Business Experts: BusinessRiskTV provides businesses with access to a network of business experts who can help you develop a growth strategy that works for your business. These experts have years of experience in their respective fields and can provide you with valuable insights and advice.

Tools and Resources: BusinessRiskTV provides businesses with access to a range of tools and resources that can help you develop a growth strategy. These tools include market research reports, industry analysis, and financial modeling tools.

Networking Opportunities: BusinessRiskTV provides businesses with networking opportunities that can help you connect with other businesses in your industry. These connections can lead to new partnerships, collaborations, and business opportunities.

Training and Education: BusinessRiskTV provides businesses with access to training and education programs that can help you develop the skills and knowledge you need to succeed in your industry.

Developing a Growth Strategy with BusinessRiskTV

Here are some steps you can take to develop a growth strategy with BusinessRiskTV:

Define Your Goals: The first step in developing a growth strategy is to define your goals. What do you want to achieve with your business? Do you want to increase your revenue? Expand your operations? Enter new markets? Once you have defined your goals, you can start to develop a plan of action.

Conduct Market Research: The next step in developing a growth strategy is to conduct market research. This involves analysing your market and your competition to identify new opportunities and potential challenges. BusinessRiskTV can provide you with market research reports, industry analysis, and other resources to help you better understand your market.

Identify Your Competitive Advantage: To develop a successful growth strategy, you need to identify your competitive advantage. What makes your business unique? What sets you apart from your competition? BusinessRiskTV can help you identify your competitive advantage and develop a plan to leverage it.

Develop a Plan of Action: Once you have defined your goals, conducted market research, and identified your competitive advantage, it’s time to develop a plan of action. This plan should outline the specific steps you will take to achieve your goals, including the resources you will need and the timeline for each step.

Monitor Your Progress: Developing a growth strategy is not a one-time task. It requires ongoing monitoring and evaluation to ensure that you are on track to achieve your goals. BusinessRiskTV can provide you with tools and resources to help you monitor your progress and make adjustments as needed.

Developing a growth strategy is a critical task for any business looking to achieve long-term success. BusinessRiskTV can provide you with the expert advice, tools, and resources you need to develop a growth strategy that works for your business. Whether you are looking to increase your revenue, expand your operations, or enter new markets, BusinessRiskTV can help you achieve your goals and take your business to the next level.

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Online sales and distance selling to expand through coronavirus pandemic

Now that we have been forced to take time to think about everything differently what will you do differently to ride the 4th industrial revolution wave ahead of your competitors?

Signs in the UK that there is demand for even more online. From food to online services to fashion people still want to shop but online from a distance. Major retailers are ramping up their online shopping and delivery services. Many are employing thousands of more staff to cope with demand.

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The coronavirus will hopefully pass. It could morph into something worse or less bad. Even if it does not burn itself out the human race will take months to find a vaccine in sufficient quantities to control its spread. Even when the G20 countries have it relatively under control they will be repeatedly be reinfected from each other and less well developed countries as people start to travel again.

Make no mistake one way or another the coronavirus will have long lasting effects on businesses and the global economy. This will totally change how we do business forever. Sure people will return to shopping in High Street shops but the proportion of retail shopping completed online will jump.

Furthermore consumers and business leaders will access more of their services online. More communication than ever will be arranged online. There will be less desire to travel for face to face meetings. Business leaders will become more used to online meetings and realise its better than wasting time travelling. More training will be arranged online. There will be many benefits including protecting environment saving money and saving the most valuable thing time.

Such enforced changes in business practices will usher in the 4th industrial revolution even faster

The 4th industrial revolution was accelerating before the coronavirus. COVID19 will turbo charge it.

  • Jobs will become obsolete even quicker
  • Opportunities to innovate will come faster
  • Technology will advance more rapidly
  • Minds will be more open to change
  • Consumers workers and business leaders will be hungry for something better than what we put up with precoronavirus
  • There will be a bigger demand for faster internet speeds including 5G and increased supply

Now that we have been forced to take time to think about everything differently what will you do differently to ride the 4th industrial revolution wave ahead of your competitors?

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Harness the full innovative power of your business. Create a better future with your existing resources. Focus your assets on the opportunities offering the greatest return.

Innovate or wither and die?

Is your business in zombie mode? Is it ticking along but with a little inspiration could be zooming along! Businesses which do not innovate could wither and die in the changes which are already in motion.

If you think the decade has been changing rapidly fasten your seat belt for the next decade! Even the best businesses growing healthily are going to be subject to existential choices.

Take banking industry for example. There is absolutely no reason you will not be banking online with Facebook Google or Amazon instead of Lloyds Barcalys or HSBC.

There are already internet only or app only banking businesses thriving in the UK. They do not have the costs of bank branch network. Fewer employees delivering what especially the younger generation want online. These apps will eventually sell car insurance house insurance mortgages credit cards et al that traditional banks offer. Why could Facebook Google or Amazon not do the same with their astronomical piles of cash. Yes I mean cash as they do not need to borrow money to lend money to you which will make them even more profitable should they start their banking arm of the business in UK.

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Fourth Industrial Revolution Latest News Commentary and Risk Review

If traditional banking industry could fail to survive in future why do you think your business is safe?

Is it not a little arrogant to think your great business is going to survive the coming changes? If the UK ever gets up to speed with 5g which clearly it eventually will then another building block will be in place that will destroy many traditional businesses.

5G is both an opportunity and existential threat to many traditional businesses. Just because what you have done works for your business model does not mean it will work well in future.

are you really getting the most out of your solid business assets?

Even if you have a great business now are you sure it is operating productively? The greatest killer of UK economic growth is poor productivity. The UK does not perform any way near as productively as its developed competitors in the global marketplace.

Could your business grow faster if it took the slack from poor productivity out?

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How can business leaders protect and grow their business regardless of business environment

Do not panic! Think about and implement new strategies to reduce negative risks to your business. Be better prepared for downside risks. Discover fresh ideas to tackle risk management challenges.

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Risk events can destroy a business strategy. Best laid plans … Managing business risks is crucial to maximise business performance. How do you identify and mitigate strategic operational and project risks?

How To Manage Risk In Business

Taking The Leap To Greater Business Success

Take The Leap Into Your Future Business Success With More Confidence

Analyse the risk so you can decide on its importance in relation to your business objectives.

Prioritise your available business resources to tackle the key business risks for the best return on your risk management time and money.

Assign responsibility for each key risk to your senior management team members. If no one is going to be held account for failure to manage key risks then there will be insufficient consideration of the risk.

Monitor and review your key business risks and effectiveness of associated risk management measures. If the net risk rises then you may need to make changes to you risk management plan. If the net risk reduces you may assign less management time to controlling it but still allocate responsibility for controlling the risk to a key senior management team member.

Risk Identification

Identify potential problems that could cause your business trouble. The business risk can be an event or it can be a condition like changing business environment.

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Risk Mitigation

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Design a risk mitigation plan eliminate or minimise the impact of the risk on your business objectives. After evaluating the risk pick a risk mitigation strategy that avoids reduces or transfers the risk. Alternatively accept the risk as part and parcel of achieving business objectives.

Select and commit business resources required for specific risk mitigation strategies.

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Seek out guidance on how to identify the risks your business may face. Understand how to respond to risk events. Put new risk management systems in place to deal with the risks cost effectively.

Learn how to develop a risk management plan to protect your business. Find ways to minimise business risks with a new risk management strategy and approach for managing.

Reduce not only the likelihood of an event occurring but also the potential impact. Make sure you also consider the opportunities to grow your business when determining how best to manage risks.

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Global Strategic Risks: What Businesses Need to Know

In today’s increasingly interconnected world, businesses are not just affected by risks within their own industry or country, but also by global strategic risks that can have far-reaching consequences. These risks can arise from geopolitical, economic, technological, environmental, and societal factors, and can impact businesses in a multitude of ways, from supply chain disruptions to reputational damage.

In this article, we’ll explore some of the most significant global strategic risks facing businesses today, and discuss how businesses can prepare themselves to mitigate these risks and remain resilient in the face of uncertainty.

Geopolitical Risks

Geopolitical risks refer to risks that arise from political factors and can have an impact on businesses operating in a particular region or globally. These risks can arise from changes in government policies, political instability, geopolitical tensions, and trade disputes, among other factors.

One of the most significant geopolitical risks currently facing businesses is the rise of economic nationalism and protectionism. In recent years, we have seen a trend towards governments implementing policies to protect domestic industries and workers, which can lead to increased tariffs, trade barriers, and restrictions on foreign investment. These policies can have a significant impact on businesses that rely on international trade and investment, particularly those in the manufacturing and services sectors.

Another geopolitical risk is the increasing geopolitical tensions between major powers such as the US, China, and Russia. These tensions can lead to increased military spending, arms races, and regional conflicts, which can disrupt global supply chains and cause economic uncertainty.

Businesses need to be aware of geopolitical risks and prepare themselves to mitigate their impact. This can involve diversifying supply chains, developing contingency plans, and monitoring political developments in the regions in which they operate.

Economic Risks

Economic risks refer to risks that arise from changes in the global economy and can impact businesses in a variety of ways, from changes in consumer demand to fluctuations in commodity prices. These risks can arise from a variety of factors, including changes in interest rates, inflation, and exchange rates.

One of the most significant economic risks currently facing businesses is the threat of a global economic recession. While the global economy has experienced a period of sustained growth in recent years, there are concerns that this growth may be slowing, and that a recession could be on the horizon. A global recession could have significant impacts on businesses, particularly those in the retail and hospitality sectors.

Another economic risk is the increasing use of automation and artificial intelligence in the workplace. While these technologies have the potential to increase efficiency and productivity, they can also lead to job losses and a shift in the nature of work. Businesses need to be aware of these trends and prepare themselves to adapt to changing economic conditions.

To mitigate economic risks, businesses can take a range of actions, including diversifying their revenue streams, investing in innovation and technology, and maintaining a strong financial position.

Technological Risks

Technological risks refer to risks that arise from changes in technology and can impact businesses in a variety of ways, from cyber threats to disruptions caused by new technologies. These risks can arise from a variety of factors, including changes in consumer behaviour, advancements in artificial intelligence and robotics, and the increasing use of data analytics.

One of the most significant technological risks currently facing businesses is the threat of cyber attacks. Cyber attacks can have a significant impact on businesses, from the theft of sensitive data to disruptions in business operations. Businesses need to be aware of the risks posed by cyber attacks and take steps to protect themselves, such as implementing robust cybersecurity measures and regularly reviewing their security protocols.

Another technological risk is the increasing use of automation and robotics in the workplace. While these technologies can increase efficiency and productivity, they can also lead to job losses and a shift in the nature of work. Businesses need to be aware of these trends and prepare themselves to adapt to changing technological conditions.

To mitigate technological risks, businesses can invest in cybersecurity measures, regularly review their technology infrastructure, and adopt a culture of innovation and adaptation.

Environmental Risks

Environmental risks refer to risks that arise from changes in the natural environment and can impact businesses in a variety of ways, from supply chain disruptions to regulatory changes. These risks can arise from a variety of factors, including climate change, natural disasters, and resource depletion.

One of the most significant environmental risks currently facing businesses is the impact of climate change. Climate change can lead to increased frequency and severity of natural disasters, as well as changes in weather patterns that can disrupt supply chains and business operations. Businesses need to be aware of the risks posed by climate change and take steps to reduce their environmental footprint, such as investing in renewable energy and reducing waste.

Another environmental risk is the depletion of natural resources, such as water and minerals. Businesses that rely on these resources need to be aware of the risks posed by resource depletion and take steps to diversify their supply chains and reduce their reliance on finite resources.

To mitigate environmental risks, businesses can invest in sustainable practices, reduce waste, and adopt a culture of environmental responsibility.

Societal Risks

Societal risks refer to risks that arise from changes in society and can impact businesses in a variety of ways, from changes in consumer behavior to reputational damage. These risks can arise from a variety of factors, including changes in demographics, shifts in cultural values, and changes in consumer preferences.

One of the most significant societal risks currently facing businesses is the rise of social media and online activism. Social media can amplify negative feedback and criticisms of businesses, leading to reputational damage and decreased consumer trust. Businesses need to be aware of the risks posed by social media and take steps to manage their online reputation and respond to criticisms in a timely and effective manner.

Another societal risk is the increasing focus on social and environmental responsibility. Consumers are becoming increasingly aware of the impact of their purchasing decisions on society and the environment, and are demanding that businesses act responsibly. Businesses that fail to meet these expectations risk losing consumer trust and damaging their reputation.

To mitigate societal risks, businesses can invest in social and environmental responsibility practices, regularly monitor their online reputation, and respond to criticisms in a transparent and accountable manner.

Businesses today face a range of global strategic risks that can have far-reaching consequences. These risks can arise from geopolitical, economic, technological, environmental, and societal factors, and can impact businesses in a variety of ways. To remain resilient in the face of uncertainty, businesses need to be aware of these risks and take steps to mitigate their impact. This can involve diversifying supply chains, investing in innovation and technology, reducing environmental impact, and adopting a culture of social and environmental responsibility. By taking a proactive approach to risk management, businesses can position themselves for long-term success in an increasingly uncertain world.

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Sometimes we have to accept the risks our businesses face to achieve our goals. Taking no action to control the risks does not mean you have not managed the risk. It means you have identified and assessed it and proactively choose to accept it as the risk is within your risk tolerance and appetite for risk.

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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.

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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.

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Regulatory compliance increased investor engagement and expectations and increasingly volatile geopolitical risks makes investing for the future and management of investment risks harder

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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.

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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.

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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 organisationā€™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.

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Without effective brand awareness your business could lose out on sales your competitors have won. Consumers and businesses only have a limited amount of money to spend and if they spend their scarce resource because they found your competitor and not you then you lose. Learn here how to make your business stand out online and become more successful.

Several of the biggest retailers in the UK have collapsed or nearly collapsed due in a large part to failure to have an appropriate increase brand awareness strategy

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There are a number of straightforward ways you can build your brands reputation online. From social media marketing strategies to better Search Engine Optimisation SEO. Learn how to increase online sales faster cost effectively. Determine the right social media channels for your brand and develop a new brand awareness strategy.

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Increasing online sales is of growing importance to SMEs and large businesses. The shift from the High Street to the web continues unabated. Bricks and mortar businesses also need to explore how to increase brand awareness. Simply relying on what has worked for you in past may not be enough to survive in future.

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Maximising Your Business Growth: Insider Strategies and Tactics from Industry Leaders

Maximising your business growth tips: sharing insider strategies and tactics from industry leaders to help you take your business to the next level.

  1. Identify your target market.

Before you can start growing your business, you need to know who your target market is. This will help you tailor your products or services to meet the needs and wants of your ideal customer. To identify your target market, consider factors such as demographics, location, and interests.

  1. Set clear goals and objectives.

In order to grow your business, you need to have a clear direction and plan in place. This means setting specific, measurable, achievable, relevant, and time-bound (SMART) goals and objectives. Having clear goals and objectives will help you stay focused and motivated as you work towards growing your business.

  1. Invest in marketing and advertising.

Marketing and advertising are crucial to getting the word out about your business and attracting new customers. Consider investing in both traditional and digital marketing efforts, such as social media, email marketing, and content marketing.

  1. Focus on customer satisfaction.

Happy customers are key to driving business growth. Make sure to prioritise customer satisfaction by providing high-quality products or services, responding to customer inquiries and complaints, and continuously seeking ways to improve the customer experience.

  1. Diversify your revenue streams.

Diversifying your revenue streams can help protect your business from economic downturns and provide multiple sources of income. Consider offering new products or services, partnering with other businesses, or exploring alternative revenue streams such as licensing or franchising.

By following these insider strategies and tactics, you can take your business to new heights of growth and success. Remember to always keep your target market in mind, set clear goals and objectives, invest in marketing and advertising, focus on customer satisfaction, and diversify your revenue streams. 

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When you sell your risk management products or services on BusinessRiskTV your products and services are easier to find and even buy online. Register for more information.

Its easy and quick to set up as a Risk Management Product Seller. If you have a Paypal account you can even set up online payments. Use ecommerce to sell more online and protect cash flow.

Sell on BusinessRiskTV and fulfil order via your existing sales process. When an order has been placed for one of your risk management products the buyer can be immediately directed into your sales systems.

The Risk Management Marketplace includes independent sellers who offer a variety of business risk management products and services. Buying from a Risk Management Marketplace Seller is quick and simple and often cheaper than buying elsewhere.

Leverage your existing risk management product or service fulfilment  capabilities. Add Paypal payment button if you have a Paypal account to sell more and protect cash flow in your business. By displaying your Paypal ecommerce payment button you are committing to fulfilling orders for your new customers.

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Challenges Of Growing A Business and How To Meet Them With BusinessRiskTV.com

As a business grows, it will face various challenges that can hinder its growth and success. Here are some common challenges of growing a business and some tips on how to meet them with the help of BusinessRiskTV.com:

  1. Cash flow management: Managing cash flow can be a challenge for growing businesses, especially if they have large overheads and expenses. BusinessRiskTV.com can help businesses develop a financial plan to ensure they have enough cash to cover their expenses and invest in growth opportunities.
  2. Hiring and retaining talent: As a business grows, it will need to hire new employees to keep up with the demand. However, finding and retaining talented employees can be a challenge. BusinessRiskTV.com can help businesses develop an effective recruitment strategy and employee retention plan.
  3. Scaling operations: Growing businesses need to scale their operations to meet the demands of their customers. However, scaling too quickly can lead to operational inefficiencies and quality issues. BusinessRiskTV.com can help businesses develop a growth strategy that balances speed and efficiency.
  4. Managing risk: As a business grows, it becomes more exposed to risks such as cyber attacks, supply chain disruptions, and regulatory changes. BusinessRiskTV.com can help businesses identify and manage these risks by developing a risk management plan.
  5. Competition: Growing businesses may face increased competition as they expand into new markets or attract new customers. BusinessRiskTV.com can help businesses develop a competitive strategy to differentiate themselves from their competitors.

Overall, growing a business can be a challenging process, but with the help of BusinessRiskTV.com, businesses can overcome these challenges and achieve their growth objectives.

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Risk Hedging Strategies

Find out why you need risk hedging services to help your business manage the risk better

Take on risk on your own terms to boost your business performance with more confidence

Incorporate best risk hedging strategy into your holistic risk analysis for an integrated risk management strategy that supports your business objectives.

  • Level out business trading risks and stabilise your cash flow.
  • Remove uncertainty surrounding product or services actual sale price regardless of external risk factors including but not limited to currency movements for example.
  • Manage the actual sale price to sell more overseas. Fix the price of your products or services and reduce the risk of price fluctuations. Reduce the risk of uncertainty related to the adverse price fluctuations in an asset.
  • Reduce the impact of risks on your business and minimise the exposure to various types of risk.
  • Cover more risks more cost effectively.
  • Take advantage of unusual market opportunities to benefit your future trading position in your industry marketplace.

Combining corporate risk knowledge with technical risk hedging services to prosper with more confidence

  • Use our BusinessRiskTV holistic risk package to manage the total cost of risk to your business. We have a product for a range of industries.
  • Highly skilled personnel work with you to help you develop the best risk management strategy for your business.
  • Manage dynamic uncertain risk events with more certainty. Control adverse changes of risk moving against your business objectives.
  • Deploy the most effective risk hedging strategy to reduce total threat to your business.
  • Find new customers more easily. You have the best product or service for your customer target market. We will help you speed up their buying cycle to buy from you instead of your competitors.
  • Our partners and your new customers are global and so is our customer marketing and acquisition services.

Create a robust risk management strategy including risk hedging strategy for your business. Join our discussion forums to help you understand why risk hedging can benefit your business. Find out how risk hedging works. Identify why risk hedging will work for your business. Use our partners risk hedging techniques and services.

  • Offset the risks that may otherwise too difficult or too expensive to manage with risk hedging services.
  • Reduce the impact of uncertainty on your business success.
  • Reduce substantial financial losses.
  • Avoid difficult to predict losses.
  • Make your risk management strategy more cost effective.

Protect your business better from risk. Grow your business faster with less uncertainty. Identify the optimal risk hedging strategy for your business. Our Enterprise Risk Management Capability Review service will help you to identify ways to manage corporate risks more effectively.

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How to develop a business strategy plan with BusinessRiskTV.com

Need a better business strategy for success? Find out how to develop a better business strategy. Network with top business management thought leaders locally and globally.

How to develop a business strategy with risk based approach to protection and sustainable growth

Developing a business strategy with a risk based approach reduces uncertainty. Reducing uncertainty boosts business performance for the long term.

Strategy Development

Developing a business strategy for sustainable growth. Tackle both the threats and opportunities to your business. A holistic enterprise wide integrated risk based approach to decision making.

Build your business on more solid foundations

Your new practical business strategy will use our practical approach to holistic enterprise wide risk management ERM. Adopt our guided enterprise risk management approach when taking strategic operational and project decisions.

We will help you create a roadmap for the greater success of your business. Invest your time skills and energy with less uncertainty of the outcomes.

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UK Economy Weak Start To 2018 Due To Weather Not Economic Climate

Latest Economic News For UK

UK economic growth 2018 started more slowly than end of 2017. The UK economy news is normally weaker at the beginning of the calendar year. Most of the UKs economic growth comes as the calendar year progresses.

UK economy news
Latest economic news for UK and global economy

Governor of the Bank of England Mr Carney

Mr Mark Carney the head of the Bank of England says poor UK economic activity at the beginning of the calendar year 2018 was due to the weather and not UK economic climate.

In addition Mr Carney reports that all slack in the UK economy has been taken up and this is likely to push up UK prices and UK inflation.

With very high levels of employment low levels of unemployment and a million plus job vacancies unfilled it is more likely that wages will increase faster. UK employers will need to pay more to attract candidates and to keep existing staff.

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Mr Carney paints a rosier future for the UK economy in 2018 with downside risks including global international trade war. UK interest rates more likely to rise later this year and this should boost value of the UK pound.

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How To Overcome Trade Barriers In International Trade

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Solutions to problems of international trade. International trade barrier risk management solution with BusinessRiskTV. Overcoming trade barriers is not straightforward. Find out how to grow your business overseas. Increase the opportunities to grow your business faster. Save money and time growing your business with less uncertainty with BusinessRiskTV.

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Get help to improve overcome international trade barriers with BusinessRiskTV.com or discover solutions to problems of international trade. Develop strategies to overcome trade barriers. Connect live online with people who want to export and import. Get the best of the international marketplace opportunities. Read our free online risk management magazine. Signup for alerts to the best the international marketplace has to offer you with BusinessRiskTV.com. Email editor@businessrisktv.com now and put #InternationalTrade in Subject line of your email.

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Businesses in UK now realise more than ever the need to increase online presence. Find out what the best businesses in UK are offering you on BusinessRiskTV today. Browse by scrolling down or sign up for free to our international trade newsletter.

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Read about latest international trade developments. Improve your business development for less. Shop internationally better online. Protect and grow your business faster with BusinessRiskTV.

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Understanding international trade barriers helps economic growth. Both local and international trading boosts business resilience and expansion.

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An international sales strategy with BusinessRiskTV will help you cost effectively diversify your income streams more profitably. We will increase opportunities to sell internationally online. Our eCommerce solutions will help protect your business boost cash flow and make selling more online easier.

How To Do More Business and Increase International Sales With BusinessRiskTV?

Work with us to produce high impact online content to reach more overseas customers. Get support from thousands of business leaders around the world who can provide risk insight and tips to sell more in their country. Reciprocate by helping other business leaders to sell in your country.

Reach more new customers who did not know your business existed. How can you sell to new customers who know nothing about your business offering? Showcase why they should buy from you and not your competitors. Diversify your income streams to build your business resilience to global economic fluctuations.

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A key barrier to international market entry is that potential buyers do not know your business exists. Present your products or services in front of potential buyers more cost effectively.

Link into your existing sales process direct from BusinessRiskTV or use our eCommerce solutions to grow your business faster.

Increase your revenue streams more profitably. Diversify and grow your business faster internationally.

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Join our online forum exploring solutions to international trade problems. Develop access to overseas marketplaces. Develop a new strategy to access new incomes streams. Diversify your income streams and build business resilience.

Free subscription enables us to alert you to upcoming online forum events exploring solutions to international trade problems

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Overcoming Trade Barriers

Do not know where to start to export more overseas? BusinessRiskTV can help you overcome barriers to more overseas trading.

  1. Join the relevant working group for your business
  2. Cooperate and work together to generate new revenues
  3. Agree the best new business development strategy

Work with local and global business management experts to overcome all trading barriers. Combined risk knowledge will help you break into new markets. Grow your business faster and build business resilience.

We help you increase market access. Enhance capability to remove barriers to overseas trade. Learn how to overcome barriers to trade yourself.

Work together to negotiate who will do what and when.

  • Inadequate risk knowledge may be holding your business back.
  • Reduce the costs of exporting more overseas
  • Exporting more not only increase sales it increases business resilience

Connecting people with demand with people who can supply.

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Thinking More Creatively With BusinessRiskTV

Maybe you you have your own best tips to increase trade?

Any questions on increasing your overseas trade? Join our online virtual discussions to increase international trade. We have a number of ideas in which you can increase the exposure of your products or services to increased sales opportunities around the world.

Join BusinessRiskTV for free today to discover upcoming online virtual discussions on increasing international trade. We present you with clear opportunities to market your business wider inexpensively. Find out how to place your business in the right place more often.

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Forging Effective Business Alliance For Better Protection and Growth

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How to make strategic alliances work? We will develop win win collaborative work and projects success. BusinessRiskTV.com will forge and manage all strategic alliances.

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  2. Plan the work to ensure success delivered for all parties
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Strategic partnerships to strengthen your business resilience and find new opportunities for business growth

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Forge new business alliances with business leaders locally and globally. Effective partnering will achieve your company objectives with less uncertainty.

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Wherever you are. Whatever industry you work in. Whatever you want to achieve.   There is a business alliance to create here

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Ways To Expand Your Business With More Sustainable Sales

Increase your sales more profitably.   Diversify your business expansion strategy with new income streams.   Beat local competitors to new business and penetrate new markets.   Make your small business and large one!

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Simple steps to  expanding your business locally and globally

  • Identify your hottest product or service
  • Focus your resources on promoting and marketing it driving traffic
  • Sell lots of your best.   Push for repeat business or sell new products

Discount your best product may worthwhile to attract more orders.

If you are not trying to expand your probably contracting

You could be losing business to your competitors.   Lack of growth plan is increasing your business risk.   Your risking  losing business to your competitors who are expanding?

Plan your business expansion strategy

We will help you expand into new markets more easily.   Explore your business growth opportunities on BusinessRiskTV.com.   Boost your business more productively more sustainably.

Deploy high growth strategy to build your business resilience and improve business performance

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Our business intelligence tools and techniques protects your business better. Grow more sustainably with less uncertainty. Look to the horizon to see the threats and opportunities. Put in place the best risk management action plan.

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Analyse emerging risks and developing existing risks

Our business intelligence solutions cover:

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Gather organise and analyse corporate risk information. Inform your business decision making. Make better decisions.

Assess the pros and cons of your current business strategy

Measure the upside and downside risk of your business strategy. Use a holistic risk based approach to reduce uncertainty. Develop business intelligence techniques for better decision making.

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Effective methods for internet advertising with BusinessRiskTV.com

Discover the most effective types of online advertising with BusinessRiskTV. Guide more potential new buyers to your products or services online. Drive new online purchases from your business.

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Increase traffic to your website or social media account. Promote and market your business products or services. Drive brand awareness.

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Discover effective ways to expand your business reach

Find new customers and diversify your revenue streams. Diversification will build your business resilience and maximise your profit.

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Discover our new online advertising services. Use our online marketing tools and techniques. Internet online advertising just got easier cheaper and more sustainable.

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Deliver new promotional marketing messages to more potential customers.

Guide more traffic to your website and increase business

Make the most of your own website. Work with us to deliver the best online advertising strategy for your business.

We will help new customers find more information about your business. They will discover new information about your products.

How to create a professional online presence with BusinessRiskTV

How to create a professional online presence with BusinessRiskTV

Select the most effective online advertising services to make your business grow faster more profitably. Pick the best place for your business to get noticed most.

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Put your specific business products or services in front of new potential customers. Link into your existing sales process direct from BusinessRiskTV. Increase you revenue streams more profitably. Grow your business faster.

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Improve your digital marketing strategy with BusinessRiskTV.com

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Learn how to do digital marketing better and more cost effectively.  Digital marketing help tips and advice to grow your business. Kick start an innovative digital marketing campaign today. Develop a new digital marketing strategy for your business.

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Create and fine tune a dynamic digital marketing strategy

Make your business stand out from your competitors. Target your audience locally and globally.

Like all marketing it’s not an exact science. Your digital marketing needs to be super flexible and rapidly change. Rapid adjustments allows you to respond to rapidly changing customer needs.

Explore new markets. Cost effectively find new income streams to protect and grow business.

Make sure you beat competitors. Make your business findable. Make sure consumers and other businesses choose your business first.

Become more creative innovative and cost effective at finding new customers

We use various tools and techniques to improve digital marketing:

  1. Search Engine Optimisation SEO
  2. Creation of interesting content
  3. Innovative use of social media

There is no silver bullet for digital marketing. If you have a massive digital marketing budget then this could be the solution. Is that sustainable digital marketing? Or is it a quick way to waste of pots of money?

Examples of digital marketing tools and techniques

We use a great number of digital marketing tools and techniques. Which ones we use for you depends on what you need.

The above is not an exhaustive list cause what you need might be unique.   Unique digital marketing solutions is what we develop every day.

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Marketing is one of the most critical aspects of running a business. It is essential for any company, regardless of size or industry, to have a strong marketing strategy in place to attract and retain customers. With the rise of the internet and social media, digital marketing has become increasingly important for businesses to stay competitive in the modern marketplace. In this article, we will explore the concept of Get Visible Marketing and how it can help businesses thrive in today’s digital age.

What is Get Visible Marketing?

Get Visible Marketing is a term used to describe a marketing strategy that focuses on increasing a company’s visibility online. The goal of this strategy is to make it easier for potential customers to find a business when searching online for products or services that the company offers. This type of marketing is essential because it helps businesses stand out from the competition and reach new customers who may not have otherwise known about their business.

One of the key components of Get Visible Marketing is search engine optimisation (SEO). SEO is the process of optimizing a website to rank higher in search engine results pages (SERPs). When someone searches for a keyword related to a business’s products or services, the goal of SEO is to make sure that the company’s website appears at the top of the search results. This is important because most people don’t look beyond the first page of search results, so if a company’s website doesn’t rank well, they may be missing out on potential customers.

Another important aspect of Get Visible Marketing is content marketing. Content marketing is the creation and distribution of valuable, relevant, and engaging content to attract and retain a target audience. The content can be in the form of blog posts, videos, social media posts, infographics, and more. The goal of content marketing is to provide value to potential customers, establish a business as a thought leader in their industry, and ultimately drive sales.

Social media marketing is also an essential component of Get Visible Marketing. Social media platforms like Facebook, Twitter, and LinkedIn provide businesses with an opportunity to connect with potential customers and promote their products or services. Social media marketing involves creating and sharing content on social media platforms to engage with followers, increase brand awareness, and drive website traffic.

Why is Get Visible Marketing important for businesses?

Get Visible Marketing is crucial for businesses because it helps them stand out in a crowded marketplace. With so many businesses competing for the attention of consumers, it can be challenging to get noticed. By focusing on increasing visibility online, businesses can reach more potential customers and increase their chances of success.

Another reason why Get Visible Marketing is important is that it is cost-effective. Traditional advertising methods like TV and radio ads can be expensive, and the ROI is often difficult to measure. Get Visible Marketing, on the other hand, is relatively inexpensive, and the results can be easily tracked and analysed.

Additionally, Get Visible Marketing is essential because it allows businesses to connect with customers on a more personal level. By creating valuable content and engaging with customers on social media, businesses can establish themselves as thought leaders in their industry and build trust with potential customers. This can lead to increased customer loyalty and higher sales in the long run.

How can businesses implement Get Visible Marketing?

Implementing a Get Visible Marketing strategy requires a well-thought-out plan and consistent effort. Here are some steps that businesses can take to get started:

Define your target audience: The first step in implementing a Get Visible Marketing strategy is to define your target audience. Who are the people that are most likely to buy your products or services? What are their interests, pain points, and needs? By understanding your target audience, you can create content that is relevant and engaging to them.

Conduct keyword research: Keyword research is essential for SEO. By researching the keywords that your target audience is searching for, you can optimise your website and content to rank higher in search engine results pages. Tools like Google Keyword Planner can help you identify the keywords that are most relevant to your business.

Create valuable content: Content marketing is a critical component of Get Visible Marketing. By creating valuable content that educates, entertains, or solves a problem for your target audience, you can attract potential customers to your website. Make sure your content is well-written, engaging, and optimised for SEO.

Optimise your website: SEO is crucial for Get Visible Marketing. Make sure your website is optimized for the keywords that your target audience is searching for. This includes optimising your website’s meta tags, URLs, and content. You should also ensure that your website is mobile-friendly, as more and more people are using mobile devices to search the internet.

Engage with your audience on social media: Social media is an essential component of Get Visible Marketing. Create social media accounts for your business on platforms like Facebook, Twitter, LinkedIn, and Instagram, and post regularly to engage with your followers. Use social media to promote your content, share news about your business, and connect with potential customers.

Track and analyse your results: Finally, it’s essential to track and analyse your results. Use tools like Google Analytics to monitor your website traffic and track your social media engagement. This will help you identify what’s working and what’s not, so you can adjust your strategy accordingly.

Get Visible Marketing is a powerful strategy for businesses looking to increase their visibility online. By focusing on SEO, content marketing, social media marketing, and other tactics, businesses can attract more potential customers and establish themselves as thought leaders in their industry. However, implementing a successful Get Visible Marketing strategy requires a well-thought-out plan and consistent effort. By defining your target audience, conducting keyword research, creating valuable content, optimising your website, engaging with your audience on social media, and tracking your results, you can increase your chances of success in today’s digital age.

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Growth Hacker Marketing

Growth Hacking Tips Tools and Techniques

Join our club for innovative tactics to grow your business faster.   Do you have a low marketing budget your business?   Need to make your promotional activities work hard?   Dynamically boost interest in your products or services.   Growth hacking services maybe your solution to marketing problem.

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Growth Hacking Services

Traditional marketing techniques still have their place in a growth marketing strategy.   TV or radio commercials, billboards, etc may still be needed.   What is increasingly needed is a dynamic online marketing approach.

How do you attract your first hundred clients?

Then how do you attract your next hundred clients?   How do you ensure your business is sustainable?   How do you make survival and prosperity more likely?

Growth hacker marketing is a new more sustainable way to grow your business

Grow your product or services sales more profitably.   We’ll help you become a growth hacker for your business.

We’ll:

  1. Find out what you need potential customers to know
  2. Rapidly experiment across growth marketing channels
  3. Develop new business sales opportunities for you to convert

Identify the most cost efficient ways to grow your business.   Repeat repeat repeat what marketing works for you.   Review marketing success, modify and execute.

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How to grow business faster with BusinessRiskTV Business Tips

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Pick up tips on how to grow business faster. Grow your business faster in the UK and overseas. Identify new ways to grow your business. 

Looking to grow your business

Maximise your profit with a balanced risk based approach to business decision making. Change your strategy with new steps to attract new customers. Achieve greater success more sustainably.

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Pick up practical tips to help you grow your customer base. Look for new business opportunities locally and globally online. Increase your sales more sustainably growing your business faster.

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Want to grow your business but do not know which growth strategy to deploy? Benefit from the best return of your investment in business promotion marketing and advertising.

Is your business ready to grow faster

We can help you grow your business in the UK and overseas. Use our practical tools and techniques to help your business.

Supplement your traditional sales and marketing strategies. Develop a new online sales marketing strategy. Expand your new business development opportunities locally and globally.

Small and medium businesses growing faster

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Grow you business faster regardless of the economic environment. Whatever your budget we have ways to help your grow faster. Reach new customers more sustainably for greater success.

Entrepreneurs and business managers can access new business growth ideas. Get advice from experts to grow your business. Pick up essential tips for fast growth businesses.

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Are you a small or medium sized business? Share tips on business growth with other members of BusinessRiskTV. Adopt their marketing tips to promote your business. Attract more customers online. How do you plan to grow your small and medium sized business?

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Our marketing and advertising methods are less time consuming and more cost effective.   Smoothly introduce your business to new potential customers in the marketplace for your products or services.

  • Reduce marketing risks and costs
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Our growth hacking services will put your business in front of people who are interested in your type of products or services.

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Recommended Further Reading

Advertising Marketing IdeasGrow your business faster.
Promote Market Advertise Online Our online marketing and internet advertising services reach out to your potential customers needs priorities and preferences when it comes to lifestyle and business purchases.
Marketing NewsOur marketing management service will provide marketing ideas to help your business grow more profitably, with more certainty.
Online Business MarketplacesDeveloping global and local prosperity for your business with our online marketplaces.   Weā€™re sharing insights and developing services that offer new ways to increase your revenue more profitably, to create value for your business, and reinvigorate growth and innovation to improve your business performance.
Digital GuruWeā€™ll become your secret weapon in the battle to win new business more profitably.   Our digital guru services include writing copy in the right place for your business to attract new customers.
BusinessRiskTV Holistic Risk Management Services
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Digital Guru Magazine

Read the latest digital guru tips to boost your online presence and increase your online sales with BusinessRiskTV

Tap into BusinessRiskTV digital guru services tips and advice. Promote market and advertise your business more cost effectively online. Use our eCommerce solutions to grow your online sales quicker. Use our risk management guru service to protect and grow your business with less uncertainty.

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Make BusinessRiskTV Your Digital Guru

We will become your secret weapon in the battle to win new business more profitably. Our digital guru services include writing copy in the right place for your business to attract new customers. Digital gurus will back up the copy with suitable photos images and video content. Get help to find new customers. Make people find your great products or services you offer. Help them understand why they should buy from you today.

Our digital gurus service will promote your business. We will use our websites and social media to reach as many consumers and business leaders as possible. Do it more cheaply so your marketing budget will go further. Grow you profit faster.

Inexpensive Marketing Ideas For Small Business Digital Gurus

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Digital marketing promotion and advertising tips advice and support. Use social media and online marketing in clever and interesting ways. Creatively and innovatively grow your business. Increase your profit sustainably.

Feature Are You Using Your Social Media To Best Effect On Your Business

Social media is relatively easy to setup. It is even easy to use. Why then do many many businesses not use their on social media accounts?

Social Media Consultancy Services

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If you use your own social media accounts better it can boost your business brand increase sales and cost effectively grow your business faster.

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Will you suffer catastrophic loss to disruptive innovation or become a business disruptor yourself

Understand your future business threats and opportunities better with BusinessRiskTV

Protect yourself and benefit from innovation driven business growth

The 4th Industrial Revolution is upon us. For some it will be a plague but for others it’ll will be a feast.

Every day you can find multiple great ideas that could potentially disruptive the current way of doing things. My favourites at the moment are flying modes of transport that could easily replace vehicles that have to travel on roads and flying machines that briefly go to space to get to their destination quicker. They may seem like far off technological developments, but the technology works now.   Its flight rules and regulations that will hold them back to protect carmakers and airplane makers not technology risks.

Everyday new innovative ideas and products flood onto the market. For most it will be like Tomorrows World. The innovative ideas will not be sustainable. We want to work with people who want to take over the world in a good way!

Pull in our resources to make innovation-driven business growth more likely to succeed and maximise the return of your investment of time and money.

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If you don’t have time to be innovators you may need to find time to protect against business market disruptors

Fatal existential business decisions are easy to see in hindsight. Foresight consultants can help you take steps to protect yourself from your own poor business decisions.

Anyone can take a wrong turn. If you’re lucky the decision may not be malignant. You might survive to fight another day. On the other hand.

Professional Risk Management Services

Pro Risk Manager Service

Your brand maybe vulnerable to others who have been thinking differently, or from changes to the marketplace. It may fail cause your performance ain’t good enough, or because your competitors change the rules of the game.

How you fail may not matter too much after you’ve failed. It will be too late to consider what you are doing wrong. Kodak didn’t want to change when they had to change to survive. They were making too much money from photographs to change to embrace digital photography. Market changes can kill the best businesses.

The best form of defence is often attack

Being more innovative or creative can be frightening. Picking the wrong horse in a paddock of new opportunities can be very costly. Innovation can also be exciting and highly rewarding.

How To Increase Sales More Sustainably In Business

We aim to make innovation for you more exciting and rewarding as well as reducing the uncertainties that accompany innovation and creativity. Disruptive innovators can draw on our tips advice and support to become more successful with more certainty.

BUSINESSRISKTV DISRUPTIVE INNOVATION BUSINESS GROWTH OR PROTECTION

Do you understand weaknesses and strengths of your business strategy

Looking at strengths and weaknesses of an organisation with BusinessRiskTV.com

Could you be wasting your business resources? Could you achieve more with the business assets you already have? Find out how to protect and grow your business faster with less uncertainty.

Will your strategy for business success fail or fail to achieve more?

Analysing your business strengths weaknesses opportunities and threats will help you understand your business better and the marketplace within which you need to succeed. By identifying where you are now within the market will facilitate any assessment of the best strategies for future business success.

  1. Decide how best to allocate your limited resources to get the best return of your invest of money and time
  2. Assess which weaknesses and threats to mitigate and which to accept
  3. Assess which strengths you need to capitalise upon
  4. Assess which new business opportunities will bring greatest reward from the same cost of capital and management time.
  5. Set a new strategy for business success with more confidence

Not only must you protect your business but you must explore the opportunity cost of not doing something that could bring greater rewards with the same cost.

By getting the most from your money and time you can maximise the profitability of your business.

For more information tips advice and support subscribe to BusinessRiskRV.com for free alerts to business news, risk analysis and business reviews

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Analysing Your Business Strengths Weaknesses Opportunities Threats SWOT
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Cheap ways to promote your business
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Put your products or services in front of new buyers more innovatively and sustainably

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Strategic Planning Process

Know Where You Are and Where Your Going

Develop new strategies to achieve what you want for your business with less uncertainty

Strategic Planning Consultants

BusinessRiskTV.com Strategic Planning Consultants assist you to achieve more with your existing assets rather than wish you had more resources.

They’ll help you identify what’s coming down the line for your business and then help you seta course for more success with less uncertainty.   Your business will become more resilient.   All your employees and other stakeholders will know clearly what your doing and why.   You’ll al be on the same bus going in the same direction and you’ll get there quicker and more profitably.

We’ll break down the steps you need to take for heightened success into manageable bites that you’ll quickly digest and move onto the next mouthful without indigestion!   Your diet of business advice will increase your appetite for more and more success, but you’re eyes will not become too big for your belly!

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Stress Test Global Economy

Does the world present great dangers to your business survival or great opportunities to expand?

What risks present threats and opportunities to your business today?

Stress Test Global Economy

Mitigating Threats Maximising Opportunities

Improving business performance with BusinessRiskTV.com

Taking risks is critical for heightened business success. Too much or too little risk taking exposes an enterprise unnecessarily or restricts business performance unwittingly. Missed opportunities can be as expensive as massive business losses.

New Business Strategies Are Increasingly Important To Be More Successful For Longer

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Minimised Threats Maximised Opportunities

Strategic foresight consultants can help business leaders and entrepreneurs to make a success of their business regardless of the business environment. They inform the decision making process to reduce uncertainty and improve productivity.

Business Opportunities and Threats

Business Threats and Opportunities Live

Understand the threats and opportunities in front of you. Make decisions now to protect your business better and grow it faster. Identify evaluate and manage risks to exploit the creative insight of your existing employees to become more productive and more successful.

Business Risk Partners

BusinessRiskTV Risk Partners

BusinessRiskTV works with partners and clients to maximise the opportunities and minimise the threats to business objectives.

BusinessRiskTV Mitigating Threats Maximising Opportunities

Operational Risk Management Strategies Process Framework

Developing better risk management strategies and processes with BusinessRiskTV

Get Help To Protect and Grow Your Business

Access risk management solutions for your business or enterprise. Improve your inadequate failing or poorly performing business processes people or systems. Protect your business better from external and internal risk factors.

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Risk Consulting and Training Services

Enhance your risk based decision making and improve the risk management capability of your key assets your employees

Upgrade your operational risk management strategy. Ensure your operational risk management strategy supports your strategic business enterprise goals. Protect the reputation of your business brand.

Build on the stability of your business to date and grow faster with less uncertainty.

Identify evaluate and mitigate all commercial risks

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How To Boost Sales In A Small Business

Unique ways to increase sales with BusinessRiskTV.com

Grow your business faster with us. Discover innovative ways to increase revenue more profitably. Grow your business faster.

How To Increase Sales Of A Product Or Service

Develop new business strategy to increase sales more profitably more sustainable for continued business growth. Our ideas to increase sales fits many a small marketing budget. So how do you plan to boost sales online? Are you asking yourself How do I improve my small business? How do I increase business growth?   We have small business improvement ideas for you.

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Work With Us To Increase Sales Growth For Your Business

You don’t need to become a merchant to advertise more cost-effectively with us, but it is one option to increase your revenue.

Business Marketing Ideas and Business Marketing Strategies
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Find out how to increase your sales with help of BusinessRiskTV.com.

  • Pick up new ideas to increase sales more profitably.
  • Improve your sales performance with simple and effective ways for SMEs in UK.
  • Tap into our quick and cheap marketing tools

If you are looking for a new business strategy for business growth you have found it with BusinessRiskTV.

Want More Sales Online?

Is your sales performance too slow?

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Do you think you have great products or services?

  1. Want help to sell more?
  2. On a small budget?
  3. Think there are more creative ways to advertise?

Get your message out to more potential buyers more profitably.

Use social media and online marketing in clever and interesting ways to creatively and innovatively grow your business more profitably more sustainably.

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Put your specific products or services in front of people ready to buy your business offering. Link into your existing sales process direct from BusinessRiskTV. Increase your revenue streams more profitably. Grow your business faster with BusinessRiskTV.

How To Boost Sales In A Small Business

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Risk management knowledge and skills development with BusinessRiskTV.com

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Develop your business enterprise corporate risk management knowledge. Find out how to manage uncertainty in business better. Save money and time with BusinessRiskTV.

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Business risk management training programme for business leaders and managers in small to medium-sized companies

Enterprise Risk Management Partners

Our featured business risk management training programme offers ongoing, interactive, and up-to-date training on managing various types of business risks, including political, economic, social, technological, legal, and environmental risks. Our program is designed to help business leaders stay informed and make informed decisions that will protect their company’s bottom line and open new opportunities for growth.

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Tune in live and on demand to corporate business enterprise risk management training academy

Watch participate in or contribute to online corporate business enterprise risk management workshops discussions and enterprise risk management training courses.

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Free risk management courses to watch and download. Sign up for free risk management discussions and debates. Register for enterprise risk management training courses.

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You will learn practical business enterprise risk management tools and techniques. Easily apply what you learn to your business. Boost performance and increase business sustainability regardless of business risk environment.

Browse professional corporate business enterprise risk management courses to improve your business prospects. Better understand the threats and opportunities facing your enterprise.

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Take part in online discussions and debates anywhere from your mobile device or PC.

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Join our executive and senior management training courses to overcome lack of good risk management practices. Develop your risk knowledge and expertise needed to run a more cost effective entity.

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  1. Protect your business assets better.
  2. Reduce liabilities.
  3. Seize new business opportunities for growth.

Complete the form about and tell us about your corporate business enterprise risk management needs.

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Small Business Improvement Ideas

Strategies to improve business performance with BusinessRiskTV.com

Could you improve your business? Discover small business improvement ideas. Most businesses could improve. It can be be easier to work with other business leaders to improve your business.

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How To Improve Productivity in UK

How Do I Improve My Small Business

Making improvements to your small business is an ongoing process. We do not have a silver bullet to small business problems but we can help with some of the barriers to small business improvement barriers.

Access low cost ideas to boost your small business. Make better use of your existing resources to protect your business better and develop new growth ideas and opportunities. We have simple strategies to improve your business success rate.

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Find ways to improve your business

Learn new ways you can improve your business today. Can your business improve its competitiveness and profitability? We can help you get to the front of the queue. We don’t try to get people to buy products or services they do not need or want. We do help you to make the sale before your competitor does.

There are numerous steps you can take to improve your marketing approach. We have a few ideas to help you grow faster more profitably.

For advice and inspiration on how to start or grow your business subscribe to BusinessRiskTV Small Business Solutions via the form below.

Marketplace Consultants Helping Online Selling Partners Grow Their Business Faster With BusinessRiskTV
Marketplace Consultants Helping Online Selling Partners Grow Their Business Faster With BusinessRiskTV

Suggestions to improve company performance

How to improve an organisation performance will vary depending on the type of business and the culture of your business developed by its leaders. Our approach is flexible.   We would welcome the opportunity to talk to you about our ideas for better business protection and faster growth.

Every organisation is striving to improve. We can help you achieve that improvement through greater employee engagement to simple tools and techniques to attract new customers.

  • Pick up tips and ideas for improving overall company performance with a risk based approach to business management.
  • We will help you find the best way to improve business efficiency and develop new ideas and opportunities for your business.
  • Access tips to help you improve your business performance today

Boost your small business performance with BusinessRiskTV.

Better Business Performance With BusinessRiskTV
Better Business Performance With BusinessRiskTV

BusinessRiskTV Small Business Improvement Ideas

Access latest small business improvement ideas by submitting the form below and entering code SMALL BUSINESS IDEAS. By submitting the form you agree to submit your details and your business details to BusinesRiskTV and its business partners who will contact you regarding small business improvement ideas.

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Promote and market your business on BusinessRiskTV for 12 months

Put your business products or services in front of more potential new customers more cost effectively.

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

Increase your online sales. Link to your existing sales process from BusinessRiskTV. Maximise your profit with new income stream.

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