Browse The ChatGPT Prompt Bible for Small Business Owners Chapter 5: Operations & Planning

Risk Assessment

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Risk Assessment

Create a risk assessment for my [BUSINESS TYPE]:

Business stage: [STARTUP/GROWING/ESTABLISHED]
Number of employees: [NUMBER]
Key dependencies: [CRITICAL SYSTEMS, PEOPLE, SUPPLIERS]
Main revenue source: [HOW YOU MAKE MONEY]

Identify risks in:

1. Operational Risks
   - System failures
   - Key person dependency
   - Supply chain

2. Financial Risks
   - Cash flow
   - Client concentration
   - Economic factors

3. Market Risks
   - Competition
   - Demand changes
   - Industry disruption

4. Legal/Compliance Risks
   - Regulatory
   - Contract
   - Liability

For each risk:

- Likelihood (Low/Medium/High)
- Impact (Low/Medium/High)
- Current mitigation
- Recommended actions
- Early warning signs

Also create:

- Risk priority matrix
- Top 5 risks action plan

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