What is Risk? Understanding Business Risks in 2023

Image of two pictures depicting risk and how it's defined. Caption reads "What is Risk?" Blaze Business & Legal Logo. Define Risk.

IntroductionFor anyone owning, leading or managing a business, it is critical to understand the concept of risk. This article explores the different types of risk that businesses face daily, with the aim of giving you a thorough understanding of what โ€œriskโ€ means in a business context. We discuss financial, operational, strategic, hazard, legal and compliance, [โ€ฆ]

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