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Risk Management Guide for Small Business

To download the full version in PDF format, please click here.

To download individual chapters, please click the links below.

Contents

Foreword
Purpose
Why is risk management necessary?
What is a small business?
How to use this guide
Acknowledgements

1 Risk management principles and concepts
1.1  Demonstrating good governance practice for small business
1.2  Defining risk and risk management
1.3  Types of risk
1.4  Drivers of risk management - why manage risk?
1.5  Limitations of risk management

2 Categories of risk in small business
2.1  What is a category of risk?
2.2  The use of categories of risk
2.3  Common risk categories in small business
2.4  Definition of risk categories
2.5  Integrating risk management in small business

3 The risk management process
3.1  What is the risk management process?
3.2  Step 1. Communicate and consult
3.3  Step 2. Establish the context
3.4  Step 3. Identify the risks
3.5  Step 4. Analyse the risks
3.6  Step 5. Evaluate the risks
3.7  Step 6. Treat the risks
3.8  Step 7. Monitor and review
3.9  Summary of risk management steps

4 Applying risk management
4.1  Who should use risk management?
4.2  Where should risk management be applied?
4.3  How much risk management is enough?
4.4  Recording the risk management process
4.5  Risk management and business size

5 Sustaining a risk management approach
5.1  Risk management framework

6 Risk management tools and activities
6.1  Risk identification methodologies
6.2  Risk analysis tools
6.3  Risk management documentation - risk management plan
6.4  Risk profile

Helpful resources
Glossary
Bibliography
Annex A - D

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