💼 Understand Risk Management in 4 Steps
1:00
YouTubeCorporate Finance Institute
💼 Understand Risk Management in 4 Steps
Understanding risk management is essential for any business! It's about preparing for uncertainties, protecting assets, and ensuring steady growth. Here's a quick breakdown of the four key steps: 1. Identify potential risks 🕵️‍♂️ 2. Assess their impact 📊 3. Mitigate them strategically 🔍 4. Monitor for changes regularly 📈 ...
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Here are 6 of the best ways to reduce your risk: 1. Use a signal-blocking pouch (Faraday pouch) to stop thieves from amplifying your key fob signal. 2. Fit a steering wheel lock, it's old school, but still a strong deterrent. 3. Install a tracking device 9 so your car can be located quickly if stolen. 4. Add extra immobilisers or ghost systems that stop the engine from starting without proper authorisation. 5. Park smart... well-lit, secure areas whenever possible. 6. Upgrade locks & alarms to h
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