The Biggest Risks Concerning Small Businesses

Introduction Small businesses don’t have the extensive resources or the stunning manpower that their larger brethren do, but these companies still need to soldier on through many of the same risks. That means they face many of the same challenges that large businesses do. Without the latter’s combined knowledge, manpower, and resources, small businesses can […]

What is ERM?

ERM is an acronym for “enterprise risk management” and refers to the processes put in place to minimize internal and external threats that a business may face. According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO), ERM includes all the steps and procedures that a business needs to establish to handle unexpected […]