Borrowing the punch line from IDBI Bank, we try to analyse or to make some conclusion as to whether risk is risk management is for the large corporates ONLY or is it also useful and important for the smaller entities. Risk is something broader than most people think. It's not only about financial risks. It's about anything that can affect the running of a company and money is just the way that's was found to quantify this risk. “Aon just released a study that showed that those organizations that adopted a focus on risk management saw benefits that include enhanced shareholder value, a reduction in their total cost of risk, strengthened business resiliency and increased operational efficiency. “ In our opinion, every organisation has some level of Risk Management. However, when it comes to effectiveness or benefits from the risk management framework, there is always talk of larger organisations. Small players are never in the news. So, does it mean that risk management is not useful for the smaller entities? One view is that the benefit for small businesses is lower then the benefit for bigger companies due to costs of running a Risk management department, and recruiting the talent for the team. When a handful of employees run the whole show from CEO down to accounts payable, there is no room for an official CRO. Some believe that it is not the question of whether businesses have the time and resources to perform Risk Management. But the fact that small companies are more vulnerable than big companies so Risk Management is critical for them. Small companies are so busy working on the top line, bottom line that they don’t take enough time to evaluate (and avoid or fix) risks. It probably contributes to why such a high percentage of small companies fail within a few years. Still others believe that many small shops have no more a vague, if even that, notion that risk is manageable. I doubt the majority of small business owners are aware that techniques by which mange risk exist, much less that they to could apply them. And then these small businesses don’t try to learn more about something that does not generate income. Support function in large organisation is on the back burner, but in smaller organisation, it is not even on a burner. A lot of smaller businesses often exist because they fulfil the dream of an entrepreneur. This person often thinks (s)he is right about everything and would consider a risk management consultation to be an infringement on her/his territory. So, it is not a question of bir or small. It is a question of time commitment and resource spending. It is a question of facing the reality and taking actions. People who ignore risks do so willingly.