Course Overview

Business risk is the possibility a company will have lower than anticipated profits or experience a loss rather than taking a profit. Business risk is influenced by numerous factors, including sales volume, per-unit price, input costs, competition, the overall economic climate and government regulations. A company with a higher business risk should choose a capital structure that has a lower debt ratio to ensure it can meet its financial obligations always.

Training DurationTotal Training Hours : 30 Hours
Training Duration : 1 Week
Total Training Days : 5 Working Days
Training SchedulesWeekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included

WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included

1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE - With Online Worldwide recognition facility

2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) - With Online Worldwide recognition facility

Learning AidsYes
Course MaterialHard & Soft Copies of Study Material
Language of InstructionEnglish
Instructor HelplineYes
1. Email
2. Social Media (For Emergency requirements)
Registration Requirements1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
Mode of Payment:Cash / Cheque / Credit Card / Bank Transfer.
Eligibility Criteria
(Who should attend this training)

- Risk Managers

- Internal Auditors

- Accountants

- Backoffice Employees

- Controllers

- Managers

- Compliance

- Regulators

- Account Managers

Course Benefits

Successfully you can manage the following:

Benefits of risk identification

Benefits of risk assessment

Treatment of risks

Minimization of risk

Awareness about the risks

Successful business strategies

Saving cost and time

New opportunities

Harvesting knowledge

Protecting resources

Improvement in credit ratings

Regulatory compliances

Values shareholders

Possibilities of risks

Identification of possible threats

Reduces impact and loss

Stability of earnings
Course Contents / Outline

Direct Risks to the Business

Employee Related Risks


Departure of a key employee

Lack of training

High turnover

Sabotage/intentional misbehavior

Employee disputes

Poor customer service.


Revenue Related Risks

Competitor enters market

Market size shrinks (local population shrinks, demographics change)

Economic pressure (reduces money available to be spent on your product)

Substitute product becomes available

Customer access disrupted (e.g. road construction in front of your business)

Pricing doesn’t match value perceived by customers

Expense Related Risks

Material costs increase

High rework expense

High warranty expense

Loss of key supplier

Increased wage expense (tight labor market)

Increased benefit costs

Loss of lease/increased rent

Increased utility rates

Increased bank charges (interest rates, credit card fees)


Quality Related Risks

Poor production process

High rework expense

High warranty expense

Poor customer service

Low quality materials

Poor employee morale

Inadequate equipment/tools

Poor/unattractive packaging

Equipment/tool breakdown


Schedule Related Risks

Customers are slow paying

Unfavorable terms from suppliers (e.g. cash in advance)

Late delivery of materials

Lost/misdirected shipments of your product

Slow response of bank, government agency (e.g. loan proceeds, permits, etc.)

Delayed construction/remodel

Slow response to marketing campaign

Equipment/tool breakdown (e.g. internet down, computer virus)


InDirect Risks to the Business

a) Suppliers are affected, you may run out of the products you sell, or the materials you need to make products.

b) Customers are personally affected their priorities may change and you could experience a reduced demand for your products or services.

c) General location is affected, you and your customers may not be able to access your premises, or your utilities could be affected.

d) Perishable goods and replace them, which can be costly."
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