AUDIT

RISK AND INSURANCE

  1. Have you analyzed the risks your business and employees are exposed to under normal operations?

  1. Are you assuming unnecessary risk?

  1. Has a professional insurance broker inspected your business to help you identify areas where risks can be reduced?

  1. Do you have insurance on key personnel in the business?

  1. Have you taken advantage of all premium cost-cutting possibilities?

  1. Do you periodically review your insurance program?

Source: U.S. Small Business Administration, Management Audit for Small Service Firms, Small Business Management Series No. 38, Washington, D.C., 1979; John B. Kline, U.S. Small Business Administration, Management Audit for Small Manufacturers, Small Business Management Series No. 29, Washington, D.C., 1979, Small Business Administration, Management for Small Retailers, Small Business Management Series No. 31, Washington, D.C., 1979.

CHECKLIST EVALUATION RESOURCES AUDIT FEEDBACK HOUSE
Before You Start:
A Basic Checklist 		Business Plan
Evaluation Scale 		Small Business
and Entrepreneurship
Resources 		Small Business
Management Audit 		Feedback H o m e



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