Every business involves some degree of risk. Acknowledging the worst case scenarios and how you will minimize or mitigate the risks inherent in your business is the first step in avoiding the problems.
Often risk awareness and mitigation will warrant an operational or administration expense category, i.e. a particular type of insurance, an employee with certain credentials / salary scale, training program for staff, etc.
Consider the following:
Clearly restate the goals and objectives for your business. Address the risks and liabilities in light of a positive way forward and the resources available to you, for example: equipment, superior technology, a talented workforce, deep and wide networks.