Articles Posted in Business Risk Management

Economic uncertainty and global instability. Is this the new normal for 2025? For the main street business,these risks and uncertainty are a source of intense pressure., Some closely held business owners turn uncertainty to advantage by implementing strategies that make their enterprise resilient and adaptable to changing circumstances. Rarely has there been a more pressing…

Key Takeaways Introduction: Understanding the 5 Ds Most business owners focus on growth, profits, and market expansion. Few take time to consider the potential risks that could derail everything they’ve built. The Exit Planning Institute (EPI) has identified five critical risk factors that every business must prepare for—known as the 5 Ds: These unplanned events…

Running a closely held business requires more than your vision and hard work. It demands careful documentation, accurate records, and financial transparency. Yet, many business owners underestimate the importance of record-keeping—until it’s too late. Poor record-keeping can cripple a business, leading to legal disputes, tax penalties, and financial ruin. In my years of practice, I…

Protect the Intagible Assets of a Closely Held Business with Bulletproofing I sometimes ask closely held business owners if they lock the doors to their business when they leave. The answer is ‘of course.’ I may push further. Do you have an alarm system? What about at home? Bulletproofed Businesses are Protected Against Theft of…