Will borrowing funding for my business expose me to greater personal risk?
If you go to your bank, yes, your bank will likely require you to secure personal assets (i.e your house) against the loan, exposing your personal assets to risk as…
The Hidden Cost of Business Success (And How to Fix It)
Do you ever look at your successful business and wonder why more profit brings less freedom? You’re not alone.
Discover how the top 20% of business owners transform their success into true freedom—without sacrificing growth.
Is your business Owner-Proof?
For many SMEs the business owner(s) are both the key to success and the source of the highest risk. 61% of SMEs report a high – very high degree of…
3 Steps to Success
Are business concerns keeping you awake at night? Follow these 3 steps to de-risk your business and get a better night’s sleep! 1. Understand the risk and value drivers in…
The Standout personal risks for SME business owners all relate to planning for the future
Would you be able to manage financially if your income dropped by 15% for six months? Are you free from financial stress? These are some of the personal risks that…
Do you have a sounding board for your business?
A sounding board for your business can make a huge difference to how your business performs because it’ll give independent (and objective) input into how things are going. Would you…
Have you made a plan of how your business will handle this crisis?
The biggest impacts come from uncontrollable non-financial risks like epidemics (covid-19) and pandemics, and natural disasters. While each crisis does eventually pass, the businesses that survive are those that have…