Assessing Business Risk

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As business managers and entrepreneurs we can have much greater control over our outcomes if we properly assess risk.  In a recent read of Keith Cunningham’s The Road Less Stupid he suggests the following: Risks are the following: Something that was not predicted to happen happening Something that was predicted to happen not happening All Risks have 3 moving parts The probability of the risk occurring The cost if it does occur The manageability of controllability of the risk identified Note – When you think about what could go wrong you dramatically…