I need to develop a risk management plan for a ficticious real estate company.?

Question

This would be a small real estate office with about 5 employees - mainly rental properties and the occasional sale of property

Answer 1

set up a trust and make yourself trustee, google it!

Answer 2

Get the risk management standard, Australian Standard 4360, from standards.com.au, and apply it.

If you are asking about a more precise risk, you need to provide more detail.

(Having a trustee company controlling a trust which owns a business or real estate creates a legal liability barrier, but is not the solution for all risks.)