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AK Barber Shop - Coggle Diagram
AK Barber Shop
Technical risks
Flood
Wind
Fire
Burglary
Liability
Regulatory risks
Licensing risks
Zoning risks
Health and safety risks
Financial Risk
cost of rent or mortgage payments
risk for employee theft.
cost of inventory - significant expense
Regulatory risks
a clear and effective communication plan in place in order to quickly address any incidents that do occur
a positive relationship with the community
a clear and concise policy in place regarding sexual harassment and discrimination
Operational risks
a good business plan and financial backing in place.
up to code and meets all local ordinances.
the proper licenses and permits in place
Market risks
Recession
Competition