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What types of risks need to be considered by a business owner?

The size of the company, type of industry, type of organizational structure, capitalization, geographical area, management team, degree of experience and expertise in the targeted business, capitalization, competitive environment and many other factors can have a bearing on the risk environment for the company. The business owners should address such issues in their business and strategic analyses of the company’s situation.

A few of the potential operational risks are as follows:

1. Risk of Property Damage
2. Risk of Inventory Loss or Damage (through spoilage, etc.)
3. Risk of Loss from Employee Theft
4. Risk from Various Liabilities (including injuries to customers or to others)
5. Risk from Errors and Omissions Liabilities 6.Business interruption Risks
Bill Voss
Aggressive policyholder attorney that fights hard for his clients and won't stop until he wins.
If No Recovery No Fee Guarenteed

The Voss Law Firm, P.C. represents clients on a local, national and international basis. We proudly serve companies and individuals along the Gulf Coast and around the globe on a contingency fee basis. Our law firm collects nothing unless we recover on our client's behalf.

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