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Risk in running a departmental store

 Whenever, there is risk, there is a possibility of making profit. Like other business, there is some risk inherent in running a departmental business. Some risk can be avoided by carefully monitoring however some risk can't be avoided but can decrease it's severity. There are also different kind of risk in sense of damage, financial, health etc. Some risk are given below which should be considered before running a departmental store. There risk in running a departmental store has the potential to completely devasted the business.  1. Physical Theft: The store manager or the owner should aware that theft can be a problem to the business. This risk can be avoided by putting surveillance cameras, securities. 2. Fire: Hazardous items inside the departmental store should be avoided. In case of fire, it can bring extreme loss to the business. Hence safeties like water circuit breaker, fire extinguisher should be keep inside the store in an easily assessable place. 3. Payment default

Departmental Store Layout

 Departmental store Layout can give a long lasting impression to the consumers. If they find it very easy to find something or their desire products, they have a high possibility of coming back again. It is a kind of retaining customer besides discounts, seasonal sales. It is called customer satisfaction. So, it can be according to the owner or their consultant they can decide the layout of the business store.

Some sections of the departmental store business are:

1. Counter

2. Snacks sections

3. Cold foods

4. Hot food

5. Vegetables and spices

6. Toiletries

7. Kitchen items

8. Storage

9. Fruits section

10. Stationery items

11. Entry

12. Exit

    Above mention sections are some of the sections which can be in the departmental store which will help us to draw the departmental store layout.

Below are some of the departmental store layout:







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