There are four types of business management risks.
1) Knowing what the possible risks are.
2) The size, types and pitfalls of accounts receivables.
3) Salary excesses, their fringe costs and how they can be controlled.
4) Existing and potential production problems and where they can be regulated.
What compounds these problems in many companies, large or small, is the inability to adequately recognize them early on. And to monitor them, while managing their potential risks on an ongoing basis.
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