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General Resource Requirements
Risksandmitigation
Risk of Fire
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Appropriate fire insurance coverage to protect the inventory and small machines will be taken.
Risk of Theft
Appropriate detection mechanisms (e.g., alarms, CCTV monitoring, etc.) Complete burglary protection insurance coverage will also ensure that risk of theft is mitigated.
Food Safety Risk
Following all the required procedures to ensure food safety like tying up with quality suppliers, ensuring food containers are sealed, storing in a temperature controlled environment etc.
New to the market
Active marketing and promotion through networking, add on services, advertising etc. and optimum product mix in inventory
Risk from existing competition
Providing top-quality products as well as ensuring in demand products are available as per market trends.