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Vancouver, BC – Planning for the long-term is something nearly every business struggles with. Most businesses can only plan a month to two months ahead, but it’s about having strategies that will take you years into the future. You need to think three to five years down the road. If the purpose of your business is to turn a profit, what are you doing to ensure that that happens?
Diane Baker is the founder of RiskAssist Consulting, which specializes in providing comprehensive risk management solutions to give business owners the peace of mind they expect. No matter what kind of business you run, RiskAssist Consulting can identify your operational vulnerabilities and strengths while working on your behalf to deliver an insurance program that minimizes your exposures for potential loss.
“Everyone is thinking short-term. That’s where a risk manager comes in, to encourage long-term strategic thinking,” says Baker. “It takes somebody with an objective point of view to encourage that conversation, someone who understands the business process.”
Risk management can ensure your business meets its long-term goals by adding certainty to your operations. Whether you’re a building owner, manufacturer or real estate company, the same questions apply to every business.
“It’s a matter of paying attention. It’s a matter of asking for help,” says Baker. “Yes, you’ve done very well; you’ve built a successful business but where do you go from here? What do you as a business owner hope to achieve?"
“What’s missing today is the enthusiasm,” says Baker. “Business owners need to feel the process has already begun. Sometimes the simple act of asking the right questions and strategizing is enough to ignite the ‘fire” and excitement within. That energy will get you moving in the right direction."
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