{"id":1445,"date":"2019-11-22T17:22:06","date_gmt":"2019-11-22T17:22:06","guid":{"rendered":"https:\/\/www.insurancebee.com\/blog\/?p=1445"},"modified":"2023-02-08T09:59:53","modified_gmt":"2023-02-08T09:59:53","slug":"main-types-business-risk","status":"publish","type":"post","link":"https:\/\/www.insurancebee.com\/blog\/main-types-business-risk","title":{"rendered":"What are the main types of business risk?"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.insurancebee.com\/blog\/wp-content\/uploads\/2019\/11\/protection.png\" alt=\"\" class=\"wp-image-1516\" width=\"300\" height=\"150\" srcset=\"https:\/\/www.insurancebee.com\/blog\/wp-content\/uploads\/2019\/11\/protection.png 440w, https:\/\/www.insurancebee.com\/blog\/wp-content\/uploads\/2019\/11\/protection-300x150.png 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/figure>\n<\/div>\n\n\n<p>The key to risk management is being able to identify and understand the types of risk your business faces.&nbsp;<\/p>\n\n\n\n<p>That\u2019s because business risk comes in many forms. And not all kinds of risk can be managed the same way.  So where to start?<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Risk planning cheat sheet<\/strong><\/h2>\n\n\n\n<p>To help you, we\u2019ve created a risk planning cheat sheet. It explains the 5 main types of business risk and has a useful checklist. So you can be as prepared as possible, if the worst happens.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>If you\u2019re at start-up stage, it\u2019ll set you on the right track. But even if you\u2019ve been in business for years, it\u2019s something to keep handy for when you need a quick risk-refresher.<\/p>\n\n\n\n<p>Click the image to download:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/www.insurancebee.com\/report\/cheat_sheet-risk_planning.pdf\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.insurancebee.com\/blog\/wp-content\/uploads\/2019\/11\/Cheat-sheet-1.jpg\" alt=\"\" class=\"wp-image-1536\" width=\"600\" height=\"848\" srcset=\"https:\/\/www.insurancebee.com\/blog\/wp-content\/uploads\/2019\/11\/Cheat-sheet-1.jpg 600w, https:\/\/www.insurancebee.com\/blog\/wp-content\/uploads\/2019\/11\/Cheat-sheet-1-212x300.jpg 212w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Small business risk guide<\/strong><\/h2>\n\n\n\n<p>Or, for a more in-depth look at business risk, download our <a href=\"https:\/\/www.insurancebee.com\/small-business-risk-guide\"><strong>big guide to small business risk.<\/strong><\/a>&nbsp;<\/p>\n\n\n\n<p>It explains how to identify, understand, and reduce risk, and has practical advice on getting your business back on its feet again. Because no matter how careful you are, mishaps are sometimes unavoidable.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The key to risk management is being able to identify and understand the types of risk your business faces.&nbsp; That\u2019s because business risk comes in many forms. And not all kinds of risk can be managed the same way. So &hellip; <a href=\"https:\/\/www.insurancebee.com\/blog\/main-types-business-risk\">Read more&#8230;<\/a><\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[],"class_list":["post-1445","post","type-post","status-publish","format-standard","hentry","category-smb-advice"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>What are the main types of business risk? Find out here<\/title>\r\n<meta name=\"description\" content=\"Business risk comes in many forms. InsuranceBee&#039;s handy factsheet explains the 5 main types. Download it and keep it handy.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.insurancebee.com\/blog\/main-types-business-risk\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"What are the main types of business risk? Find out here\" \/>\r\n<meta property=\"og:description\" content=\"Business risk comes in many forms. InsuranceBee&#039;s handy factsheet explains the 5 main types. Download it and keep it handy.\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.insurancebee.com\/blog\/main-types-business-risk\" \/>\r\n<meta property=\"og:site_name\" content=\"InsuranceBee Blog\" \/>\r\n<meta property=\"article:published_time\" content=\"2019-11-22T17:22:06+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2023-02-08T09:59:53+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.insurancebee.com\/blog\/wp-content\/uploads\/2019\/11\/protection.png\" \/>\r\n<meta name=\"author\" content=\"Kate Naqvi\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kate Naqvi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.insurancebee.com\\\/blog\\\/main-types-business-risk#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.insurancebee.com\\\/blog\\\/main-types-business-risk\"},\"author\":{\"name\":\"Kate Naqvi\",\"@id\":\"https:\\\/\\\/www.insurancebee.com\\\/blog\\\/#\\\/schema\\\/person\\\/25d21b56419ae3d58431b36966e079bf\"},\"headline\":\"What are the main types of business risk?\",\"datePublished\":\"2019-11-22T17:22:06+00:00\",\"dateModified\":\"2023-02-08T09:59:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.insurancebee.com\\\/blog\\\/main-types-business-risk\"},\"wordCount\":191,\"image\":{\"@id\":\"https:\\\/\\\/www.insurancebee.com\\\/blog\\\/main-types-business-risk#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.insurancebee.com\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/protection.png\",\"articleSection\":[\"SMB advice\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.insurancebee.com\\\/blog\\\/main-types-business-risk\",\"url\":\"https:\\\/\\\/www.insurancebee.com\\\/blog\\\/main-types-business-risk\",\"name\":\"What are the main types of business risk? 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