Risk Management & Mitigation

9. Risk Management

·         How will you research clients to make sure they are  

            legitimate and will pay on time?

·         Use of confidentiality agreements/NDAs

·         Template contracts or your non-negotiables for

            contracts

·         Data backup plan

·         Late payment policies

·         Cancellation & refund policy

·         Errors and omissions insurance

·         How will you handle the peaks and valleys of demand

            in services?

·         Case of emergencies (natural

            disaster, sickness, personal or family situations that

            prevent you from working)?

·         Other ways of managing risk in your business