The discussion seeks practical, cost-effective risk mitigation strategies beyond standard insurance that have proven effective in real business scenarios.
Specific areas of interest include:
Key question posed:
What single tactical change delivered the most significant risk reduction impact during early business stages?
The thread remains open, awaiting community responses with concrete examples and actionable tactics that members have successfully implemented.
Beyond ‘buy insurance,’ what practical tactics you find worth checking out? Supplier vetting tricks, returns policy wording, chargeback prevention steps, backup carriers, or SOPs that reduced mistakes.
What single change had the biggest impact on reducing your risk early on?