Tag: risk management

Actively manage risks before they actively destroy your racing business

How much risk do you have in your racing business? Chances are that if you’re not identifying, analyzing, or responding to risks in a systematic way, you have no idea! Yikes! You need some risk management skills, and you need them now! Risk management? Risk management is the term used by business owners when they...

/ January 24, 2017

Strategies for beating Mr. Murphy and his immutable laws of racing

Race promoters have tried many strategies to beat Mr. Murphy and his wheel of woe. Those few that have survived, found that the strategies that work come with a price. I think that price that is just too high for most new race promoters to pay AND manage to stay in business. That is why...

/ January 17, 2017

Is your liability waiver protecting your racing business?

Having a solid liability waiver is vital for anyone promoting off-road races. liability waivers All off-road sports are inherently dangerous and involve clear risks, but so it not having a well-written liability waiver. Not only are waivers your first line of defense against personal injury lawsuits, but they remind you that, as a race promoter,...

/ November 28, 2016

Mr. Murphy just canceled your race — now what?

Rain is great at getting your race canceled. Let’s face it, the weather is an unpredictable force. As a race promoter, you will have to deal with more than once in your life. If you ask five people what the weather will be like tomorrow, you will most likely get five different answers. This is...

/ November 13, 2016