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How To Perform A Simple Business Risk Assessment

Risks assessments identify potential hazards and their consequences. Companies use these to try to reduce business risks, create disaster recovery plans, and also purchase insurance for what they cannot completely control. According to the U.S. Small Business Administration, about a quarter of small businesses never recover after a disaster. Vulnerable companies need to identify potential problems in order to make plans to eliminate or cope with them. Of course, businesses also use this information to cover any risks that can't be completely controlled with proper insurance.

Topics: Safety Management & Risk Control Risk Engineering & Property Risk Control

Spotting Safety Risks And Hazards In The Workplace

Surprising or not, the most common causes of workplace injuries and illnesses are usually quite minor and easy to fix. For most companies, the key to spotting the everyday risks and hazards that are likely to generate the most incidents is simply collecting data on these incidents, spotting trends, and then communicating the problems through the entire organization.

Topics: Safety Management & Risk Control Risk Engineering & Property Risk Control