Risk Section Audit for a Business Plan
Check whether the plan faces its biggest risks.
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Audit the risk section of my business plan. Paste the section: [RISK_SECTION]. What I think could go wrong: [MY_RISKS]. Dependencies on people, suppliers, platforms and regulation: [DEPENDENCIES]. Compare the listed risks with the dependencies and the financial assumptions, find risks that are missing, generic or placed at the bottom although they are the largest, and check whether each has a trigger, an owner, a response and a cost. Do not accept risks like competition without specifics. Return a risk register with Risk, Likelihood, Impact, Warning sign, Response and Owner, a score from 1 to 10 for honesty and usefulness, and a list of the three risks to test first. Also rank the risks by the product of likelihood and impact on a three-point scale, explain the reasoning, and identify any risk that could end the business within six months. Suggest one early warning indicator for each major risk, owned by a named person, with a threshold that triggers action.
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