The ideal strategy to mitigate risks is to consistently monitor potential threats and their consequences to your business and reputation. Many lack the time or resources to accomplish this, which is why it is wiser to consult an external firm for an objective perspective. Remaining aware of possible threats before they occur can help you become better prepared to make the right decision on how to address them. Many risks happen from a variety of sources both external and internal, and spotting them is essential to safeguarding your reputation.