Chapter 11
Risk Management
In This Chapter
• Determining your business’s insurance needs
• Paying attention to regulatory issues that concern you
• Growing your business the right way
• Choosing an advisory board
Risk management is a key component of any business. By doing your homework upfront, calling on help when needed, and taking action when you know it’s necessary, you can ensure that your business is both operating legally and protected to the very best of your ability.
Too often, small businesses don’t consider risk management planning as a need for their business. But isn’t it better to be prepared than not?
As a small business owner, you won’t have expertise in every area of your business. You may be great with sales but not have a head ...

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