
Mondays with Rick: Running a small business comes with risks
Dr. Rick Franza, Dean of the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he talks about risk management practices. The interview has been edited for clarity and impact. ABD: Being in business, even just starting a business, always carries risks. That requires some way to manage them. So how does one assess and manage those risks? Rick: Risk management is important in business because you can never think of everything. So you identify the potential risks that can undermine








