Identifying Areas of Risk in Contracts
Mon, 19/04/2010 - 19:43 | administrator
Seeing Potential Risk In Contracts:
Generally, business is impacted by either the contracts they effect and or the law. While you might be inclined to at first say we don’t have contracts, you will see by looking closely at the following list that most businesses at least have leases for:
- buildings
- vehicles
- plant etc
- rental agreements
- ISP providers and internet providers
- service agreements for alarms, fire protection
- plant and stock purchasing
- human resources agreements
- tenders
- supply contracts
| The list of primary risks inherent in contracts
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The secondary risks arising from the primary risks |
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Are your contracts leaving you exposed? Contact BBO to discuss your risk management
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