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"The Chinese use two brush strokes to write the word 'crisis'. One brush stroke
stands for danger; the other for opportunity. In a crisis, be aware of the danger - but recognize the opportunity." ~
John F. Kennedy
Summary
Protecting existing assets is essential to build financial strength. Understanding
the likelihood and significance of specific business risks is the first step toward mitigation and control, and possibly toward
turning them into a strategic advantage.
Description
Potential threats to a business are infinite. Management has no chance
of guarding against every uncertainty, but a real possibility of protecting against the likely and significant
risks. In some cases the hedge will be through insurance, and in others through changes in business approach and practices.
LedgerSource's approach is to help you prioritize risks so that you can
determine which you will address and which you will choose to ignore, based on a thorough assessment of significance and likelihood.
We encourage the active involvement of your insurance representatives and others with specialized expertise.
Our facilitated approach helps you identify key risks, understand their source, assess and prioritive based
on potential impact, and determine how they will be managed. The process is also useful for considering which risks may be
turned into a competitive advantage. These services can be expanded to complement formal business continuity planning as well.
Benefits
Here are just a few advantages from dealing with risks 'head on'...protection
of assets...improved peace of mind...better competitive position...new business opportunities...fewer unhappy surprises...enhanced
valuation...heighten the chance for business continuity...
Scope
Our services range from a few hours to facilitate quality prioritization
sessions and up, depending on the extent of research and analysis assistance requested.
Our facilitated approach helps you identify key risks, understand their source, assess and prioritive based
on potential impact, and determine how they will be managed. The process is also useful for considering which risks may be
turned into a competitive advantage. These services can be expanded to complement formal business continuity planning as well.
Benefits
Here are just a few advantages from dealing with risks 'head on'...protection
of assets...improved peace of mind...better competitive position...new business opportunities...fewer unhappy surprises...enhanced
valuation...heighten the chance for business continuity...
Scope
Our services range from a few hours to facilitate quality prioritization
sessions and up, depending on the extent of research and analysis assistance requested.
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