A SME is Exposed to Financial Risks all the Time
When your company is doing well, revenue is pouring in, and your profit is rising, how do you know if you could be doing right? How can you tell which of your practices, approaches, beliefs, strategies will not turn riskier into future?
Many entrepreneurs are constantly afraid that they may make a mistake once attaining a certain level of success. We assist in an independent assessment of risks. It is painful to see that many entrepreneurs are suffering due to fraudulent acts, unsatisfactory internal control, wanting to grasp the trends in industry & operating environment, etc.
SMEs are exposed to risks all the time. Such risks can directly affect day-to-day operations, decrease revenue or increase expenses. Their impact may be serious enough for the business to fail as they always survive on the thin margin. Still, many businesses tend to overlook or ignore the risks, a fatal mistake.