Understanding the Difference Between Cost of Risk & Cost of Risk Financing: An Untapped Competitive Advantage
Risk Financing, Risk ManagementIf you are like most small to mid-sized organizations (under $1 billion in sales) then you should be prepared to define these two terms and understand their consequences for your business.
Risk Financing is a fancy term for insurance. Think…
The Single Most Underutilized Tool to Gain a Competitive Advantage - Profit & Loss Statement
Construction Practice Group Content, Food & Beverage Practice Group Content, General Liability Insurance, Human Services Practice Group Content, Risk Financing, Risk Management, Transportation Practice Group Content, Workers Compensation InsuranceAs fall approaches each year, it triggers our strategic thinking about our company goals for the next year and how we will achieve them as an organization. I am sure if you are taking valuable time to read this, you also have the foresight to…