Question: Using the risk management tool provided below, list six (6) potential risks to the business in year one and rate each risk. You must also identify actions which can be implemented to minimise the risk. See the example below and list six (6) other risks and their actions to minimise. For example: Non Compliant Agency Agreements - Likelihood: 2 | Severity: 3 | Therefore the rating will be Rating: High - 6 - | Actions to minimise risk: Regular training for new staff members and senior staff reviewing new contracts.