Finance: identifying and managing risk in your business

Guest: Lungile  Phakathi | Chartered accountant and managing director  at The Modern Firm

Any factors that may lead to lower profits or even cause a company to fail is a business risk. However you can limit the amount of risk your business is exposed to. Lungile Phakathi, a Charted Accountant and the managing director for the Modern Firm, shares some practical advice on identifying and managing risks in your business