Addressing my start-up risks as a ndis provider

What risks could your business be exposed to?

All businesses face risk. It's important to understand the risks to your business and find ways to minimise them. A business plan and risk management plan helps you to do this by detailing how you deal with risks to your business. By spending time and resources developing your strategy for managing risk, you’ll provide a safe workplace and reduce the chances of negative impacts on your business. Some of the internal and external things to think about when creating your plan are:

social, cultural, political, and regional issues
economic, technology and competitive trends or funding changes
government policies and law
your business aims, policies and strategies.
past events and risks
possible future changes to your business environment, such as changes in economic trends
social and community issues that could affect your business

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