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Guide to Contracting and Contract Bidding
Landing a contract with another company can help your business grow and get wider distribution for your products or services. But there’s a lot at stake for the proffering company and many factors go into their decision-making, so winning those contracts can be tough. Often business owners may never even learn why they were passed up for a contract. Fortunately, there are ways to help influence how your business is perceived during the bid process.
A warehouse burns down, a trusted supplier goes out of business, or roads are washed away in a flood - each of these scenarios represents an operational risk. Read about the diverse threats facing businesses and how risk managers try and protect companies from long-term disruptions. Learn why business data has a crucial part to play in operational risk management.