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The 7 Deadly Risks of Retail

Published on Nov 21, 2015

There are more ways to go bankrupt than to succeed in business. Learn to reduce the risk of failure.

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1.

The 7 Deadly Risks of Retail

Photo by See-ming Lee 李思明 SML
2.

Daytime Robbery

What to do? Slow down your assailants, speed up response!
Photo by miss_rogue
3.

Nighttime Break and Entry

What to do? make your shop look like fort knox at night.
Photo by frankieleon
4.

Payment fraud

What to do? Accept only chip-enabled credit cards. Don't give change.
Photo by Sean MacEntee
5.

Shoplifting

What to do? Greet and speak to every customer. Stay at your station.
Photo by marsmet535
6.

Employee theft

What to do? Monitor your staff and make sure they know it.
Photo by Thomas Hawk
7.

Employee error

What to do? Teach and watch your employees.
Photo by City of Marietta, GA
8.

You're unprepared for your customers.

What to do? Ensure your employees know what's for sale, what isn't and why.
Photo by bamalibrarylady
9.

Your messages are confusing

What to do? Don't talk to your customers about irrelevant shit.
Photo by lauradinneen
10.

Your products/services have become irrelevant

What to do? Ask your customers why they came to see you in the first place.
Photo by Stephen Kelly Photography
11.

Sorry, I can't count. There are really 9 Deadly Risks.

What to do?  Sue me.
Photo by sol419

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