Risk Reduction Strategies:
Time Merchants views the following risks as posing the greatest threat to the overall success of the venture and plans to address them in the following ways:

• Not meeting sales and growth projections
  • Utilize highly trained sales people to market our services
  • Extensive marketing campaign
• Copy Cat Companies or a Downturn in the economy
  • Establish long- term relationships with both customers and suppliers/partners
  • Maintain fair prices for superior service
  • Maintain effective marketing campaign
• Customer acceptance
  • Effective marketing campaign
  • Provide references from satisfied customers
  • Provide quality and timely service
• Supplier/provider responsiveness
  • Creating an environment of cooperation and developing a vision of mutual benefit will enhance relationship between the partner and TM.
  • A complete and extensive evaluation of participating partners to determine quality and responsiveness will be completed prior to TM selecting a supplier
  • Follow up with customers will be completed to ensure quality service
  • Providers not meeting the standards set by TM will be dropped
• The internal risk of theft or accident by delivery drivers
  • All drivers will be licensed and bonded
  • Provide extensive training in customer service and customer relations
  • Performance of background checks on all employees

Insurance Provisions

• Provisions for insurance have been made and verified by G.S. Levine Insurance in San Diego, California.
• Time Merchants plans to obtain the following coverage (all of these will be in place at the start of business)