RISK MANAGEMENT

HOW TO MANAGE RISK PROPERLY

When it comes to running a business, there is always some level of risk. But there is a difference between smart, calculated risk-taking and unintentional risks that can sink your company.

 

Do you know which side of the risk equation you’re on?

GETTING AHEAD OF RISK CAN BE THE DIFFERENCE BETWEEN HEALTHY GROWTH AND FAILURE

Effective risk management begins with identifying risks you may not even realize are there, then mitigating them by both reducing the chance that they will occur and preparing for their potential impact.

 

Risk management doesn’t mean letting your business be hamstrung by caution or miring your employees in red tape. What it means is being proactive rather than reactive and strengthening your business against potential disruptions.

 

The Rialto Group specializes in identifying and managing risk for companies of all sizes, and we can help you prepare your business for whatever may come it's way.

WHAT IS YOUR
COMPANY’S RISK PROFILE?

Most companies are so busy handling day-to-day operations and focusing on the positive aspects and possibilities of growth.

 

What that means is that they don’t think about the overall risk profile of the company, and don’t consider how each decision will affect that risk. Risk management is one of the many roles we take on as part of our Business Advisory services for our clients, and we can help you build risk management into your long-term plan for growth.

Our financial modeling and strategy experience comes from years of public accounting and corporate experience, and we bring that specialized knowledge to bear on your business, whatever the size.

For example, many smaller and midsize companies don’t bother to look closely at their insurance policies – they don’t know their coverages, and they largely rely on brokers to figure out what they need.

 

But brokers don’t know the ins and outs of your company – their job is to sell – and they don’t always take the time to properly measure and analyze your risks.

 

Another example: hiring and termination policies can carry the risk of litigation for wrongful termination or worse.

 

Or consider the decision to rely heavily on one vendor – what kind of risk will you face if they face a disruption or go out of business altogether?

 

The Rialto Group can’t eliminate all your risk, but we can make sure you are prepared when risks become reality.

SMART RISK MANAGEMENT ADVISORY

OUR FOUR STEP PROCESS

IDENTIFY YOUR RISKS

ASSESS THE SEVERITY OF THEIR IMPACT

DEVELOP A PLAN FOR RISK MANAGEMENT

IMPLEMENT THAT PLAN

Of course, risk changes constantly, evolving with every bit of growth and every new decision your company makes.

 

That is why Rialto Group will continue to assess the risks to your business on an ongoing basis and provide continual improvement to reduce the threat risks pose.

 

Risk management should be an ongoing process and it needs to be part of the decision-making process at every level. Some billing themselves as risk consultants will come in and provide a one-time risk assessment, then prepare a report and consider their duty done.

 

Rialto Group doesn’t do that – although we can come on to advise you ahead of a special project or big event, we normally provide our clients with continuing support.

 

Our business advisory specialists go above and beyond, acting as your partner in identifying and responding to risk. Rialto Group partners with your management team to provide high-level advisement you can rely on.

 

We will be there as your go-to advisor before any big decisions, and we can help you create company-wide processes to minimize risk and control the costs associated with disruptions, unforeseeable events and compliance problems.

The benefit of having The Rialto Group at your service is that you won’t outgrow our roster of services.

We offer tremendous value for startups that may struggle with accounting, finance and accounting, capital raising, HR, or IT functions as they evolve because we have years of experience managing successful mid-size and larger operations.

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BUSINESS ADVISORY
SERVICES TO HELP YOU

STRATEGY AND OPERATIONS

Helping you meet concrete objectives for both the near and long term. We can develop models and plans that help you grow your revenue, trim costs, increase production, expand operations, streamline finance and accounting functions or help you achieve other custom goals. The Rialto Group also specializes in Cash Management/AR Strategies and Technology Strategy and implementation.

BUSINESS PROCESS DESIGN

Streamlining processes and eliminating inefficiencies is key to your company’s successful operation. Rialto can come in an analyze your existing processes, map out improvements and implement them on the ground. The process work we do for clients is an excellent example of how The Rialto Group becomes a partner in implementation and not just an outside advisor.

FINANCIAL STRATEGY

From budgeting and forecasting to smart financial models for your next several years of growth, The Rialto Group can help you visualize your company’s future. Our advisors can help you make strategic decisions on growing the business, set pricing to stay competitive, and assess valuations and asset and business acquisitions.

CAPITAL MARKETS

As your business grows and opportunities appear on the horizon, you may need to raise new capital or navigate a merger, sale or acquisition. What you also need is a trusted partner who can provide a clear view of risk, someone who can assess the fundamentals and advise you on all your options. The Rialto Group can be that partner and walk you through every step of the process.

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