Choose a small business in USA (such as a restaurant, a retail store, or a consulting firm) and conduct a risk assessment to identify the potential hazards and liabilities that the business faces. Create a risk management plan that outlines strategies to mitigate, avoid, or transfer the identified risks.

Pick the possible type of insurance product that could be used in that business (such as health, life, or property insurance) and analyze the different policies offered by several insurance companies. Compare and contrast the coverage, premiums, deductibles, and other factors that affect the policyholders' risk and cost.

Additional Instructions:

While content is the primary focus of this paper, it is important that the paper is well-organized, free of grammatical errors, and properly structured.

The paper should include at the minimum an introduction, analysis, and conclusion and a full description of the business in terms of the sources of income, clients.