Different businesses are affected by different financial risks at different times. If they aren’t prepared to face these risks, they could be exposed to cash flow problems. The ultimate financial risk is that the business can fail. Definitely something that you’ll need to avoid, then.

This course is all about financial risk management. It offers guidance to managers on how to identify and analyze risks that might threaten the financial health of the business, and how to develop a strategy for dealing with them. Consider it time well spent as you mitigate those risks.

By the end of this course, you’ll be able to:

• Categorize different types of financial risk
• Identify and assess financial risks to your business
• Create a financial risk management plan

Why take this course?

Quite simply, you can’t sustain a business with a long-term negative cash flow. Business managers must be aware of factors which could have a negative impact on their cash flow, and they need to have a plan for how to respond. Anticipating risks can help you mitigate them (or even avoid them), and an effective risk management plan can help steer you on the path to success.

10 mins | SCORM | Workbook