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Top 10 Riskiest Industries

Risky Industries Business Planning from The Startup Garage

Every business in every industry assumes a certain level of risk.  Furthermore, every business’ fate depends on several internal and external factors and the operators ability to manage their risk and adapt to the future.  In any industry, the companies that succeed are those that can identify trends – be them positive or negative – and those that can adjust appropriately to benefit from these trends.

The Riskiest Industries

Although there are clearly many successful business in each of the industries listed below, the factors contributing their high risk are expected to keep the industry in decline over the next five years.  The risk scores referenced are on a scale of one to nine, where one represents the lowest risk and nine represents the highest risk (figures provided by IbisWorld).

Top 10 Riskiest Industries from The Startup Garage

Whether you have a question about industry risk or you’d like to discuss our business plan writing services, feel free to contact us for a free consultation!