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Risk Management

"Risk comes from not knowing what you are doing" (Warren Buffett)

The five "key risks"

critical to the survival of new companies

Risk is inevitable, avoiding risk impossible. Risk management is the key, always tilting the venture in favor of reward and away from risk. From original technological idea generation, the company evolves in several stages:

• Inception

• Start-up

• Pilot stage

• Roll out

• Growth

• Expansion

• Maturity

At all these stages, the company faces the five major risks that change in nature as company evolves: development risk; manufacturing risk; marketing risk; financial risk; and growth risk. You cannot avoid these risks, but you can manage them. Our Problem-Solution-Action (PAS) Business Development Coach will lead you through the above stages of your company growth and will help you to manage risks and turn them into opportunities.

Development risk

Manufacturing risk

If the product can be developed, can it actually be produced in appropriate volume?

Marketing risk

If the product can be made, can it be sold effectively?

Financial risk

If the product can be sold effectively, will the resulting company be profitable and can the profits actually be realized in a form that allows investors to receive cash?

Growth risk

If the company can achieve operating profitability at one level, can profitability be maintain as the company evolves?

What changes as company grow?

This business coach guides entrepreneurs and business managers through various stages of their business formation and company growth helping them to turn risks into opportunities. It also provides easy to use support tools for preparing essential business documents such as:

• reality check

• milestone chart

• cash flow forecast

• business plan

• project presentation to prospective investors.

• feasibility study

• legal agreements and MOUs