Risk is when your loss can easily surpass your gain – severity of that loss can come down to exposure and vulnerability of your business.
In many industries, risk takes various forms and the risk factors that could affect your business the most are could be external – economic downturn and insolvency.
This piece from Holman Webb's Commercial Recovery and Insolvency Group takes a look at the concept of risk, what those working within a credit function need to know - and how Holman Webb can help.