6. Business Protection Plan

Protect your plan -

Begin by finding out about risk management practices and how you can use them. You should also talk to others involved in your business (including your employees and customers) to decide on the best way to manage risk in your business.

Before you decide what to do, you’ll need to work out what your risks are and which ones are most urgent:

1. Identify – work out what risks your business could face.  
2. Analyse – find the level of the risks and which ones are most urgent.
3. Evaluate – compare the risk against set risk criteria to decide what to do.