Starting your own business can be risky. Numerous factors can affect your success and your business's value. Financial risk and business risk are two common types of risks you face as a business owner. Know the differences between financial and busin...
Few business owners have happy thoughts when they think of the Occupational Safety & Health Administration (OSHA). The first thought is usually of red tape and obsolete regulations instead of the possible benefits from taking advantage of the ser...
Chances are that you outsource most risk management functions to an insurance company representative or agent. However, to protect your business against the risks you face at a price you can afford, you need to control the presentation of your loss a...
According to Julie Nelson in her paper "Are Women Really More Risk-Averse than Men?", this question is like stating Canadians are right-handed, since ninety percent are. But, you would reject that thesis immediately. Studies demonstrate t...
There will always be a risk that something will go awry during construction projects. When something does go wrong, the result is usually costly time delays and mild to devastating additional material, labor, and damage costs.
As far as risk goes,...