Cybersecurity Threats: With increasing dependence on
technology, businesses are more susceptible to
cyber-attacks such as phishing, ransomware, and data breaches.
Financial Risks: Poor financial management, inadequate
cash flow analysis, and unreliable financial forecasting can expose businesses to significant financial vulnerabilities.
Operational Inefficiencies: Inefficiencies in
supply chain management, production processes, or service delivery can lead to increased costs and reduced profitability.
Compliance and Regulatory Risks: Failure to comply with industry regulations and legal requirements can result in fines, legal actions, and operational disruptions.
Market Risks: Changes in market conditions, consumer preferences, and competitive landscape can affect a business's ability to sustain its market position.