Being a business owner involves a mix of risk and reward. Without a certain appetite for risk, most business owners would instead be happily employed in someone else’s business. But of course where there is risk, the worst can happen.
The prudent director is mindful of the risks inherent in his or her business – and takes appropriate steps to mitigate these by good planning and forethought. This is the topic for the April Business Owners Forum event in Albany.
We are not talking here about risks that are commonly insured such as fire, theft, public liability and loss of a key person. This event is not about insurance – rather, it will focus on those risks that fall entirely on the business to identify and manage ahead of things going wrong.
There are a wide array of things that can go wrong for businesses – and risks to one business might be irrelevant to the next business. But there are patterns – and there are usually good strategies that business owners can put in place to mitigate the effects of these risks. The objective of managing risk is to ensure your business is protected when things go wrong.
This event will be held at the BNZ Partners facility on Constellation Drive, North Harbour at 5:30pm on Thursday 18 April 2013 – and will run through to 7:30pm on the night.
Here are the panellists for this event:
Selina-Jane Trigg. Selina is principal of law firm Family Law Results, based in CBD Auckland and Papakura. She has specialised in family law for 16 years – and is a self-described “Family Law Geek”. Selina’s work includes advising clients on avoiding the risks to their businesses in the event of death or separation. High on the list of bad news she has to deliver to her clients is that their family trust is not the protection they thought it was! Selina will entertain, inform and frighten.
Roger Hatrick-Smith. As a consultant, Roger’s experience spans operations, supply chain, management and support processes. He has provided strategic, business and financial advice as leader of Ernst & Young’s Entrepreneurial and Growth Markets Group and its Transaction Advisory service line in New Zealand. Roger is Chief Financial Officer at the IceHouse, and will share some of the insights from his journey at this event.
Keith Ward. Keith is a businessman who has had some successes and some challenges. Keith ran Recycle Boutique, owned Maggazino and was one of the founders of the Breakers, but came unstuck with a perfect storm of unrelated events. He has truly walked through the shadow of death and has spent some time in the care of the Official Assignee. Keith’s story is a valuable one to all business owners.
As always for Business Owners Forum events, this session will be free of charge and completely free of sales pitches from the supporters or the panelists. And there will be pizza, beer and wine to lubricate quality discussion.
Business Owners Forums are held monthly – alternating between Whangarei, Albany and Newmarket venues. This event will be repeated in Newmarket on 15 May.
If you’d like to attend this event, email Fraser Hurrell before the end of 16 April. And if you’d like to be included on the invite list for future events, just add your contact details in the box to the right.