RISK INVOLVED IN LIQUR BUSINESS

1. LICENSE ISSUIES
2. INVENTORY (THEFT RISK/ DAMAGE OF INVENTORY)
3. LOCATION: SHOULD NOT BE NEAR EDUCATIONAL INSTITUTIONS/ AND ALSO HIGHWAY BANNED
4. CANT ADVRTISE THESE PRODUCT
5. PENALITIES FOR SELLING LIQUR TO MINOR
6. SAFT Y (FIRE BCZ OF ALCHOL)
7. HIGHER INSURANCE PERMIUM
8. POLICE REGULATION

Solutions :

1. We should have our all documentation perfectly . there should be nothing vague in the
document
2. There should be proper barcode system, the stocks should be properly maintain.
3. location should be properly analyses before setup.
4. We should advertise through different source like using glass of that product of introducing any
soda of that product .
5. We should have a proper business ethics
6. We should not overstock the good in the inventory and there should be proper safety equipment
in the warehouse and the retail outlet.