Risk Register Template for Small Businesses

Most risk registers show you one thing: the risk as it stands today.

 This one shows you two. The inherent risk, what the risk looks like before any controls are in place, and the current risk, where it sits now after your mitigations. That before-and-after view is what makes a register genuinely useful rather than a static list of things that might go wrong.

 WHAT IS INCLUDED

 One Excel workbook with three tabs.

 The Risk Register tab captures every meaningful risk in your business. For each one you record the inherent likelihood and impact (before mitigation), describe your current mitigation and its status, then re-score the current likelihood and impact. The risk score and rating calculate automatically — Low, Medium, High or Critical — colour-coded in both the inherent and current columns so you can see at a glance whether your controls are working.

 Pre-loaded with 10 risks that founder-led businesses commonly overlook: key person dependency, cash flow exposure, data handling gaps, supplier concentration, missing complaints procedures and more. Edit, delete or build on them as needed.

The Scoring Guide tab gives you a plain-English reference for what each score level means so you are not guessing.

The Start Here tab walks you through how to set it up and — more importantly — why each element matters.

WHAT YOU RECEIVE

 — One Excel workbook (.xlsx), compatible with Microsoft Excel and Google Sheets

— 10 pre-loaded example risks — fully editable

— Dropdown controls for category, likelihood, impact, mitigation status and risk status

— Automatic risk scoring and colour-coded rating in both inherent and current columns

— 26 blank rows for your own risks

— Instant download on purchase

 WHO THIS IS FOR

 Founders and business owners who want a working risk register rather than a corporate template that requires rebuilding before it is useful. Also suitable for VAs and OBMs setting up governance documents for clients.

 FREQUENTLY ASKED QUESTIONS

 What software do I need?

Microsoft Excel 2016 or later, or Google Sheets. Both work fully.

 Can I edit the pre-loaded examples?

Yes — they are there to show you the format. Edit or delete them freely.

 Is the full four-document kit available?

Yes — the Founder Operational Foundation Kit in this shop bundles all four documents at £35.

Questions? enquiry@bloomfieldstreet.co.uk