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Risk is any incidence which will lead to a enterprise losing profits or attracting losses. There is a wide range of occasions that will herald losses in a business. This implies that you might want to identify and appropriately handle any event that is likely to make the business incur unnecessary expenses. Whenever you think about managing risk in what you are promoting the following strategies should come up in your mind:

Risk avoidance

There are some risks which could be avoided. For example, it's worthwhile to train your employees that power ought to always be put off when machines aren't running and by no means to depart any system that uses energy unattended. This will help to avoid the risk of fire. Nonetheless not each kind of risk might be averted and subsequently you might need to consider other strategies.

Risk diversification

The risk of attracting losses might be diversified by investing in more than one business. This ensures that you earn money consistently. When one enterprise shouldn't be doing well, its earnings shall be compensated with earnings from another. Therefore risk that can't be avoided could be diversified.

Risk reduction

The following strategy for risk management for any business program is risk reduction. Risk is reduced by knowing what kind of risk is likely to occur and placing measures in place to reduce it. For instance, putting fire extinguishers in your corporation and training your staff on how to use them is a way of reducing risk. Using trustworthy cashiers will reduce the risk of cash loss.

Risk switch

This is the commonest methodology of risk management. These means the passing-on of your business risk and due to this fact care little about them. It is accomplished by passing the risk to different parties such as insurance companies. Your small business needs to be insured in opposition to occurrences comparable to fire, theft and housebreaking and loss of profits.

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„Коле-Транс Инжинеринг” Доо Штип , е основана и егзистира од 01.02.1992 год., односно 25 години градиме успешна историја која трпеливо и моќно низ годините ја испишуваме.

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2000 Штип, Македонија

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