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Renovated area of hometown

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Reference no: EM131090886

You are a small business owner and you recently opened a restaurant in a newly renovated area of your hometown.  One of your co-owners recently asked you what your risk mitigation plan was and you didn't have an answer so you did some research on the subject.

Answer the following questions in a  200- to 350-word response: 

  • What is a risk mitigation plan?
  • In the restaurant industry, what are some of the areas of concern?
  • How might this be different for another type of small business?

Reference no: EM131090886

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