Episode 3 - What Could Go Wrong? A Simple Guide to Risk Management

The Green Ledger - Tips for a Sustainable Small Business

This won't come as a surprise to you - something always goes a little sideways when you run a business. But that doesn’t mean you have to stay in reaction mode.

In this episode of The Green Ledger, we take a big step toward building true business resilience by breaking down risk management into a simple, 3-step framework made for small businesses (no corporate-speak here). Whether you run a café, a food manufacturer, or a growing CPG brand, this episode will help you spot what could go wrong before it becomes a crisis.

We’ll cover:

• How to identify and categorize risks specific to your business (with real-world examples)
• How to use a simple heat risk map to prioritize what matters most
• Four ways to respond to risk (avoid, reduce, transfer, accept) and when to use each
• Why some risks that look “low priority” today could become urgent later - and how to keep your map dynamic
• How benchmarking can reveal hidden risks from consumer trends, climate impacts, and industry shifts
• And why managing risk isn’t about being paranoid - it’s about staying competitive

We also talk about how this risk work ties directly into your Business Continuity Plan - making both stronger.

💌 Questions? Feedback? Ready to build your plan with a guide by your side?
Reach out at [email protected] - I’d love to hear from you.
🎧 Listen now - and take the first step toward a more resilient business.

I am the founder of 3P Impact Consulting and I help small businesses build long-term resilience through sustainable practices. I adapt tools used by big corporations to fit the reality of purpose-driven small business owners - so they can grow with confidence, even in uncertain times.

💻 Learn more about my work at www.3pimpactconsulting.com/services
📬 Subscribe to my blog and newsletter at www.3pimpactconsulting.com/resources

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