People's everyday life is full of risky situations; therefore, risks play a very important role both in everyday life and in business. Small and medium-sized enterprises face some kind of risk every day. In order, for companies to profit and employees to be satisfied, it is necessary to know the risks. This graduate thesis points out the importance of knowing risks, risk management and informing employees about their importance. To begin with, directors, that is, company managers, must understand what risks are, know how to identify them, analyze them and ultimately protect against them. It is important to understand that not every risk is negative, but can be turned into a good business opportunity. In the graduate thesis, a survey was conducted with the aim of collecting data on how informed directors/managers of small and medium-sized enterprises in the Republic of Croatia are about risks, which risks they most often encounter, and whether they inform their employees about them. The conclusion is reached that certain respondents believe that they encounter risks once a year. A small number of respondents believe that their company does not face risks at all, which leads to the conclusion that such a company does not have a risk management strategy. According to the conducted research, employees are insufficiently informed about the importance of risk management. The research carried out in this thesis aims to encourage thinking and understanding the importance of risk in business so that the company's operations are as successful as possible, and the employees are more satisfied.