This can work in your favor pricing wise because a human can make pricing determinations based on your business's specific risks and not
the risks of similar businesses.
Not exact matches
In this video with Entrepreneur Network partner
Business Rockstars, attorney Jessica Olmon gives one simple reason why you should avoid using online contracts: The framework between two
similar deals might look the same, but different companies and people are willing to assume different levels
of risk.
Last week, Bank
of America's (BOA) released their SEC annual report that also contained a mention
of cryptocurrencies as a threat to their
business, with the
risk of competition described in very
similar terms: «the widespread adoption
of new technologies, including internet services, cryptocurrencies and payment systems, could require substantial expenditures to modify or adapt our existing products and services.»
The problem with such a
risk profile is that it is very
similar to an investment in equities, where investors accept much less security for the upside
of an ownership stake in the
business.
While this rise in
risk of fraud is predominantly faced by British
businesses, schools should be taking precautionary measures to ensure that the education sector does not see a
similar rise.
Actually, I'd note a number
of similar US
businesses are now being priced in
similar fashion, but I believe they face considerably less
risk.
The
business risks that mREITs face are
similar to those
of other financial firms.
Outerwall has historically produced high returns on capital, and it's a
business that doesn't need much tangible capital to produce huge amounts
of cash flow (an attractive
business), but it has been run
similar to companies that get purchased by private equity firms — leverage up the balance sheet, issue a dividend (or buyout some shareholders), thus keeping very little equity «at
risk».
The launch
of the financial think - tank's first roadmap comes as BP adopts a shareholder resolution on the
risks climate laws pose to its
business and as Royal Dutch Shell gives its backing to a
similar resolution to be voted on at its forthcoming AGM.
Had it gone the other way, there was a real
risk some
of those companies might have gone out
of business as there would have been an injunction preventing any
of the other oil field service companies from practicing the method or something
similar to it — something pretty much all
of them are doing.
Aaron Street: Yeah I mean I think this can be taken too far, so if you had an example like Brad where he only represents criminal defendants and therefore there's no
risk of him having a conflict come through the site when he's getting actual information about actual cases, but you could see in a litigation, let's say a family law lawyer, if their website were trying to collect information to provide tools as both an intake and access to justice solution that you potentially run into tremendous conflicts
of interest problems there and I think obviously any lawyer considering pursuing this for their firm should think through the implications
of their particular situation, but I think what Brad's doing is awesome in the context
of his criminal law practice and I think there are versions
of a
similar model that could be used in something like your debt collection defense practice or a small
business startup practice or an estate planning practice, but that doesn't mean that it's a model that should be replicated by every lawyer in every practice.
LexisNexis has made a
similar shift in focus by the acquisition
of Choicepoint and Seisent, companies in the
risk analytics
business, which has become its major source
of revenue and profit growth.
«It is crucial that
businesses now watch this case closely over coming months, and in the meantime they should seek legal advice to ensure their contracts and policies around the engagement
of staff are absolutely watertight, to avoid the
risk of similar claims.»
Risk - retention groups, formed by members
of similar professions or
businesses to obtain liability insurance, are also a form
of self - insurance.
While some companies have
similar business - auto coverage needs, other companies may have very unique requirements because
of their particular
risks.
The third section requires Bitcoin sites to register with the telecommunications regulatory authorities, the fourth section clarifies that Bitcoin sites are expected to have anti-money-laundering policies
similar to those demanded
of US and European exchanges, and finally the last section emphasizes that Bitcoin
businesses should help promote the «correct understanding
of virtual commodities and currencies, rational investment, control
of investment
risk and protection
of financial safety» and «guide the public to establish a correct conception
of money and investment».
We earnestly accept the terms
of the order and vow to re-examine our
business practices while simultaneously striving to make all facts involved in this case clear, discover the root cause
of the breach, safeguard our customers, and develop stronger and more effective measures for system
risk management and prevention
of similar events in the future.
Similar to banks, brokers and other traditional financial companies cryptocurrency
businesses find that they must weed out potential clients that can put them at
risk of running foul
of AML laws or international sanctions laws.
The
business risks that mREITs face are
similar to those
of other financial firms.