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Understand Your Exposure to Risk by Stress Testing Your Business - SCORE Westchester
An Introduction

The COVID pandemic and more than two years of dramatic change in the markets for both products and services have alerted business owners to the urgent need to better understand their risks.

There are many kinds of risk. You can't eliminate them, but you can check that you are prepared for the most likely ones. If revenue dropped, would you have enough cash on hand to pay your bills? Are your margins large enough to generate that extra cash you may need. After you're done, you will understand your business in a whole new way.

-What is risk?
-How can you stress test your business?
-How much can you learn about the risks to which your business is exposed?
-What can you do to limit the impact of risk on your business?

Sep 28, 2022 12:00 PM in Eastern Time (US and Canada)

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