In paragraph form please give me an example by providing a discussion of a type of business you would one day like to own
In paragraph form please give me an example by providing a discussion of a type of business you would one day like to own. It could be a brick and mortar store or a virtual business. After your discussion, identify key threats to the successful operation of your business (provide an example to me of at least six threats: 3 internal and 3 external). Give an example explanation how these are threats. Also provide an example for me on what risk controls will you implement to address each of the six identified threats? Provide an example to me of a specific and thorough discussion of how each these six controls will reduce or eliminate the threat considerably. Are there any threats or risks of you implementing your risk control plan? If so, give me an example discussion what they are. If not, provide an example discussion on why your risk management plan is sound. Also conclude with an example discussing how personal insurance for you as the business owner would help to eliminate a risk that you identified as one or your internal or external threats.