Every food delivery company should create a risk management plan to deal with potential losses before they occur. To get started creating one, here are the four steps of a food delivery risk assessment.

1. Identify Hazards

The first step is to brainstorm a list of every possible thing that could go wrong. Include each step of the food delivery process, including decisions made by management personnel.

2. Name Potential Victims

For each potential mishap you identified in step one, determine who is at risk. Potential victims include customers, members of the general public, and employees.

3. Determine Ways To Mitigate Risks

Now that you are aware of all the accidents waiting to happen, come up with ways to prevent them from occurring and to deal with them if they do occur. Researching best practices of other successful food delivery businesses is a good place to start.

4. Create a Plan

Now create risk management policies and procedures for employees to follow. A crucial element in the document you create is a list of the insurance policies you will purchase.

Following these four steps to assess your food delivery risks is almost like seeing into the future. While you can’t change potential negative outcomes, you can soften their impacts by being prepared.