RISK MANAGEMENT AND CONTINGENCY PLANNING

GDPR is one of the more recent legislative areas a business needs to comply with alongside such things as: insurances; contract reviews; security – virtual and physical; the impact of negative feedback/customer reviews and their effects on your reputation; and the risk of you offering falling behind the curve

More recent times have highlighted the need for disaster planning and ensuring that you have a cash buffer. Consider how well your business could cope with a sudden change in trading conditions or environment, or a loss of a major customer? Scenario planning and adapting cash flow forecasts will give some insight into this.

ADAM SHEARING

Manager 01242 680000 adam.shearing@hazlewoods.co.uk