As every entrepreneur realizes, starting a business is always risky; and as long as a company remains in business, taking risks is necessary for continued growth. Basically, risk is an integral part of business, and therefore, is woven into the very fabric of the world of business enterprise. In order to reach the highest levels of success, businesses need to minimize risk by making the wisest, and most lucrative, decisions possible.
To do accomplish this feat, enterprise risk management, or ERM, has become an essential part of the most successful company business plans. At the same time, business risk management continues to evolve to meet the complexities of a perpetually changing marketplace. In light of the speed at which digital communication technology is advancing, the need to ad
According to CNN money, nearly eight million American jobs were lost as a direct consequence of the Great Recession. When that happened you can bet that tens of thousands of those unemployed workers could no longer pay their mortgages, credit card bills, utilities, or any of the other life necessities.
During 2008 and 2009 the economy was so bad that there were highly educated, skilled, and experienced professionals who found themselves looking for jobs that simply did not exist. Although some permanently laid off workers received generous severance packages, many did not. So the only choice they had was to obtain work anywhere possible, and many attempted to work two or three jobs to scrape by. Of course, many of these people ended up among the long termed unemployed, filing for bankruptcy or foreclosure, but