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What should you pay attention to in your business, and what's not important? Key risks and success factors are the highest leverage points of a business - learn how to control them.
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Key Risks and Success Factors
Business Pros Webinar
What is a…
•Key Risk?•Success Factor?
What are YOUR Success Factors?
• What is it about your business that makes things successful
• Examples…• Execution• Financial sustainability• Targeted marketing• The right niche
Keep an eye out for these Key Risks!
• Things that could kill your company
• Examples• Product launches/new service offerings
• Alienating your base• Taking on too much business/growing too fast• Hiring the wrong people• Putting all your eggs in one basket• Incurring too much debt (esp. in initial stages)
• On average, a company should be profitable on year 3
