03:24
Types of Risk
This clip introduces the concept of business risk and risk management. It notes that business risks can generally be classified into four categories: property, market, employee, and customer.
02:06
Eliminating or Minimizing Risk
This clip talks about ways to eliminate or minimize potential risks, such as buying an existing business or buying into a franchise. Sometimes, the clip explains, the best way to reduce risk is simply by using common sense.
02:07
Risk and Insurance
This clip explores the different types of insurance available to help protect against risks and liability.