A risk assessment is required by law to help protect you, your employees and the general public. Get your free template for your small business According to accident prevention organisation ROSPA, ...

Sutthiphong Chandaeng // Shutterstock Risk management plan for small business owners: 6 tasks for success. U nexpected ...

Good business risk management strategies include doing regular risk assessments. To perform a small business risk assessment, start by writing down the types of risks the business may face. Some ...

A good way to think about this is by using a simple matrix: rank the impact of each risk (low, medium, high) and the likelihood of it happening (unlikely, possible, likely).