Michael Ng

Background

About Michael Ng

Business risk management is a key element to long term viability for many Canadian enterprises. It is not about finding ways to protect your business, but rather learning how to deal with new threats and take advantage of new opportunities as the world around you evolves and changes. In commercial finance, the key to business risk management is learning to recognize early warning signs that are applicable to your specific business/sector. These early warning signs can take many forms including financial performance trends/metrics, social/political pressures, regulatory changes, and economic indicators such as interest rate and inflation. Once you learn to recognize these early warning signs, then you can effectively manage your business’s risk and plan accordingly to take advantage of potential growth opportunities. Disclaimer: The opinions or comments expressed herein do not necessarily reflect the point of view of BDC or its management.