Managing Business Risk

Managing Business Risk

Walid El-Khoury is a business coach and advisor at Univero Business Coaching.


Walid works with his clients to develop effective business plans that work. He focuses as much on business growth strategies as he does on managing the risk associated with these strategies.


He brings more than 10 years experience in banking, risk management and consulting. During this time, he saw, first-hand, how “successful” billion-dollar businesses were wiped out because they lacked viability and insight into risk and uncertainty.


He has been a keen business investor with a Ph.D. in Astrophysics, a passion for focused self-education and the ongoing process of improvement. For more interesting business topics, visit Walid’s Business Blog.

Walid's Blogs How to build a unique business

Last time, I explained what a unique selling proposition (USP) is. Now it’s time to look at how to create an effective USP for your business. BY WALID EL-KHOURY.

Walid's Blogs What’s your unique selling proposition?

If your business doesn't have a point of difference, the chances of it failing increases. So how is your business unique? BY WALID EL-KHOURY.

Walid's Blogs Is this real profit? Really?

Unless you manage your long-term business risks, your short-term “profits” may be nothing more than a “risk-profit” mirage. BY WALID EL-KHOURY.


10 ways retailers can flourish

It would be an understatement to say it’s been a bad year in retail. Just ask Fletcher Jones, GAME or Dick Smith. Thankfully, there are ways proactive retailers can see out this downturn. BY OLIVER MILMAN and MICHELLE HAMMOND.


How creative can you be with your taxable profits?

When it comes to tax, it can be tempting to be a little creative when you report your profits. But how creative can you be without running afoul of the law? BY GREG HAYES.


Top 10 home-based business myths

Are you weighing up whether to launch your business from the spare bedroom? Here are 10 common misconceptions you need to be aware of. BY OLIVER MILMAN.


Pop goes the start-up

Many web start-ups are opening temporary stores to boost their profile and sales. And while traditional retail is in decline, pop-up shops are bucking the trend. BY OLIVER MILMAN.


The four key steps to making your first hire

Congratulations, your start-up has grown to the point you need to hire someone. Here’s how to make sure you end up with the right candidate for your business. BY FRED SCHEBESTA.

Mum’s the Word

How to balance work and sick kids while keeping your sanity (mostly) intact
Finding a work/life balance can be tough at the best of times, let alone when you have a child running a temperature. Thankfully, there are ways you can get through it with your sanity (mostly) intact. BY AMANDA JESNOEWSKI.

Start-up Profiles

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Coco & Chloe

How would you describe suddenly being made redundant? Gloria D'Anna, founder of lifestyle store Coco & Chloe, describes it as one of the best things that ever happened to her.

Start-up Idea

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Word Lens captures the language

Ever hear about the guy who needed some cargo moved during a holiday in Paris, but ended up ordering the “escargot” by mistake? It wouldn’t have happened with today’s invention.


A new search application developed by UniQuest start-up Leximancer is being piloted at the University of Queensland (UQ), via an online research platform from Dutch company Elsevier.
The Australian Taxation Office has released its 2012/13 compliance program, with information for individuals and micro enterprises, prompting another warning about sham contracting.
Business conditions weakened in the June quarter, according to NAB’s Quarterly Business Survey, with conditions deteriorating across most industries, while confidence also took a hit.
Nationals Senator John Williams wants a small business and farming ombudsman in a bid to combat price pressure being placed on suppliers by the major supermarkets.
Social enterprise Barefoot Power has raised $5.8 million from investors, as it seeks to bring affordable renewable energy and efficient lighting to five million people by next year.


Re-energise by doing more work
Do you feel lethargic by the time Thursday and Friday roll around? It’s time to boost your energy levels by reviewing your schedule.

Tech Tricks

Create a new search folder in Outlook
Wouldn’t it be great if you could sort through your emails as if they’re an iTunes playlist? If you use Outlook, you can. Here’s how to do it.


Nicole Kersh

How can I motivate my staff?

There are plenty of easy ways to acknowledge the contribution from your staff and boost morale – imperative for keeping a team ticking along happily.


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PayPal’s scorching start-up story

Max Levchin was looking for an air conditioned room on a hot day when he stumbled into a university lecture that would, against the odds, provide the starting point for PayPal. Here, the eCommerce company’s co-founder explains how it all happened.


PayPal’s scorching start-up story


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