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Risk Management – Planning for the Unexpected (SBA Money Smart Series)

March 9, 2022 @ 13:00 - 14:30 CST

Join the SBA Minnesota, North Dakota, and South Dakota District Offices for the Money Smart Business Management Series.

Risk Management is key for a Small Business to navigate the uncertainties of disasters, both manmade and natural and understand how risk management can benefit their business.

• Identify the common risks associated with a small business.

• Identify the external and internal factors which affect risk for a small business.

• Identify situations that may cause risk for a small business.

• Identify the common warning signs of risk for a small business.

• Implement, monitor, and evaluate a risk management plan for a small business.

Money Smart introduces core skills for successful small business management, and participants can chose a topic of their choice or to attend the entire series.

The 13-Part Money Smart Series includes the following sessions:

1.) Is Owning a Business a Good Fit for You?

2.) Planning for a Healthy Business

3.) Banking Services

4.) Organizational Types

5.) Time Management

6.) Financial Management

7.) Recordkeeping

8.) Strong Business Credit

9.) Risk Management

10.) Insurance

11.) Tax Planning and Reporting – understanding taxes and your business

12.) Selling Your Business and Succession Planning business

13.) Managing Cash Flow