Risk Assessment & Mitigation Plan

Create a risk assessment for [BUSINESS/PROJECT].

Business/Project: [DESCRIBE]
Stage: [PLANNING / ACTIVE / GROWING]

Industry: [SECTOR]

Provide:
1. **Risk Identification**: 15 potential risks across categories (financial, operational, market, legal, team)
2. **Likelihood Rating**: Score each risk by probability (1-5)
3. **Impact Rating**: Score each risk by potential damage (1-5)
4. **Risk Matrix**: Plot risks on a likelihood × impact grid
5. **Top 5 Priority Risks**: The risks that need immediate attention
6. **Mitigation Strategies**: Specific actions to reduce each top risk
7. **Contingency Plans**: What to do IF each risk materialises
8. **Early Warning Signs**: Indicators that a risk is becoming real
9. **Risk Ownership**: Who is responsible for monitoring each risk
10. **Review Schedule**: How often to reassess risks

Create a risk assessment for [BUSINESS/PROJECT].

Business/Project: [DESCRIBE]
Stage: [PLANNING / ACTIVE / GROWING]
Industry: [SECTOR]

Provide:
1. **Risk Identification**: 15 potential risks across categories (financial, operational, market, legal, team)
2. **Likelihood Rating**: Score each risk by probability (1-5)
3. **Impact Rating**: Score each risk by potential damage (1-5)
4. **Risk Matrix**: Plot risks on a likelihood × impact grid
5. **Top 5 Priority Risks**: The risks that need immediate attention
6. **Mitigation Strategies**: Specific actions to reduce each top risk
7. **Contingency Plans**: What to do IF each risk materialises
8. **Early Warning Signs**: Indicators that a risk is becoming real
9. **Risk Ownership**: Who is responsible for monitoring each risk
10. **Review Schedule**: How often to reassess risks