Enterprise Risk Management is about Capital
I read the simplest description of enterprise risk management that I wanted to share. Enterprise Risk Management is about capital, Physical, Financial, and Human. By looking at the capital of small business in this way, it is easy to understand. Take out or minimize the risk in your physical plant or property, and with your balance sheet, and finally with your employees. With this type of thought process small business owners can simplify the risk managment process. Good Luck ! Until next time be careful out there and know your risks. K