Corporate Risk Management
We help our clients identify, document and manage business risks. Every business faces some form of risk. Effectively managing these risks is critical to the success of the business. We also assess the adequacy of the risk-mitigating procedures and controls.
Corporate Risk Management Services
All businesses face various risks that can adversely impact their operations, profitability, and long-term sustainability unless they are identified and managed with clarity and appropriate risk mitigation strategies. These risks could include economic, operational, financial, and regulatory compliance matters.
While certain operational risks would be apparent to the business managers, other significant risks, such as liquidity, interest rate, and capital adequacy, require deep technical knowledge and understanding to identify and manage. SMEs often lack in-house resources to identify, document and address risks and will benefit from assistance with their risk monitoring and management activities.
With a wide range of experience and a deep understanding of various industry-specific risks, Lakeshore’s consultants are well-equipped to assist in the following areas:
Identification and documentation of commercial, financial, operational and compliance risks
Review of existing risk management processes
Preparation of a comprehensive risk register
Evaluation and advice on the improvement of risk mitigation procedures and protocols
Assessment and advice on the adequacy of internal controls to mitigate risks
Liquidity and capital adequacy risk assessments
Business continuity risk assessments
Interested in learning more?
Send us a message or book a call to kickstart the conversation.
How Can We Help?
SERVICES
Strategy & Business Plan Development
We help our clients optimize their business strategy through financial and strategic evaluations. We identify opportunities to improve profitability and operations with specific action steps, including assessing the economic feasibility of products, departments, cost structure, and proposed investments.
Corporate Governance Services
We guide our clients as they grow from small to medium to large, and as their compliance requirements evolve concerning oversight and regulation. We will guide them on adapting to these changes concerning management oversight and financial requirements dealing with regulators and creditors.
Mergers & Acquisitions Support
We perform financial due diligence by looking at the financial health of a target company in a buy-side transaction. We also assess the target company's business viability, including operations, future earnings, and products & services. In addition, we help clients sell their business or divisions of their business by preparing them for acquisition as sell-side advisors.
CFO & Finance Function Support
We help our clients, particularly small businesses, by acting as the CFO's right-hand support. At times the finance department can be stretched thin with day-to-day responsibilities at the expense of long-term finance department objectives. We can offer assistance to bolster existing expertise to support the finance department and the CFO's longer-term goals.
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Corporate Risk Management
We help our clients identify, document and manage business risks. Every business faces some form of risk. Effectively managing these risks is critical to the success of the business. We also assess the adequacy of the risk-mitigating procedures and controls.
READ MORE
Project Management
We help our clients manage their internal projects to improve growth and profitability. Quite often, businesses embark on initiatives to grow or improve existing operations. These projects can be both in-house or through external consultants. We can oversee every step of the project: planning, sourcing skills, defining timelines, cost estimation, and success measurement metrics.