What is Risk Management?

Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings.  It is more than just buying insurance.

Risk Management Considerations

  • Crime and Security

  • Product Liability

  • Worker’s Compensation

  • Cash Management

  • Auto Liability

  • Regulatory Compliance

  • Business Continuity & Interruption

Identify Risk

The first step in risk management is to quantify the potential for losses in your business. After identifying potential risk the appropriate action (or inaction) is taken to establish risk tolerance based on your business objectives.

Assess Risk

The Cannabis Industry presents many challenges. Therefore, it is important to consider your risk at every level of your business. At Green Life Consulting, we help you assess your risk by examining all aspects of your business before we make any recommendations.

Control Risk

Once your risk is assessed the next step is to control the risk. Not doing due diligence with controlling risk will wreak havoc on your business. Green life Consulting practice risk management by diversifying coverage in ways to minimize the exposure of risk.

Review Controls

Identifying, assessing, and controlling risk all help to ensure limited risk exposure; however, reviewing controls help to maintain an applicable and effective plan.

THC FARM.jpg

Get started today!

Book your Free 30 Minute Consultation.

  • Facebook
  • Instagram

P: 832-821-5840

 281-862-8611

E: info@greenlife-consulting.com

©2020 by Green Life Consulting, L.L.C- "Green Life Consulting", GLC refers to the brand under which Green Life Consulting member firms and affiliates provide genuine high-quality, insurance and advisory services to their clients and/or refers to one or more member firms and affiliates, as the context requires. Its member firms and affiliates are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Advising Process Model is a Registered Service Mark.

We offer insurance by phone, online and through independent agents. Prices vary based on the service/product you buy. Each insurer has sole financial responsibility for its own insurance. Not all insurers are authorized in all states. Not all products, coverage, & discounts are available in every state. Restrictions, exclusions, limits, and conditions apply. Discuss with an agent for details.  All Rights Reserved.