This note has been prepared to assist you to think about the risks that you might face when engaging in international trade or investment. Whilst some of the risks may apply more broadly, this fact sheet does not attempt to cover all aspects of business risk.
Many entrepreneurs and managers either assume that risks are small or possibly do not think about them at all. Certainly, few businesses ever undertake any sort of risk assessment or put in place mitigation plans, unless they are pressed by a customer or funder. But the recent health crisis has reminded businesses of the importance of looking at risk. Moreover, businesses cannot begin to mitigate the risks until they have identified them – and there are many risks to consider once you start to trade internationally.