GTC Financial

Four steps to minimising business risks

As part of Succession Planning Series we’ve explored the risks to your business and possible solutions or actions that you can take to minimise those risks.

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Posted by GTC Financial on 16.11.2016

Business specific risks... what are they?

In earlier Blogs I noted that riskier businesses are worth less. I also identified that risks could be external to, or within (internal) to a business.

This Blog focuses on internal business risks, specifically looking at the categories they fall into and exploring their importance to your business:

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Topics: Business Planning

Posted by GTC Financial on 2.11.2016

Risky business: part 3 your free risk assessment calculator

Last blog, I asked you about two butchers' businesses. You can read the article here.

The responses from the question were interesting with the majority of people assuming both businesses would be worth a similar amount.

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Topics: Business Planning

Posted by GTC Financial on 18.10.2016

Risky business: part two.

As I said last week in Risky Business: part 1, we will now compare two fictional businesses in the same industry. Whilst these two businesses have the same turnover and profit, they have vastly different risk profiles.

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Topics: Business Planning

Posted by GTC Financial on 7.10.2016