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Risk Analysis and Mitigation
Risk Category


Key Risk

Impact on Business

Mitigation Strategy

Market Risk


Seasonal fluctuation in trekking tourism

Reduced demand during off-season

Target domestic tourists, offer discounts, partner with trekking agencies

Financial Risk


High startup cost and cash flow issues

Difficulty managing expenses

Maintain emergency fund, cost control, phased investment

Operational Risk


Damage, loss, or theft of equipment

Increased replacement cost

Security deposits, inventory tracking, insurance coverage

Health & Safety Risk


Equipment failure causing injuries

Customer dissatisfaction and liability

Regular inspection, proper maintenance, customer usage guidance

Legal & Compliance Risk


Non-compliance with regulations

Legal penalties or shutdown

Timely license renewal, compliance with tourism and business laws

Risk Category
Key Risk
Impact on Business
Mitigation Strategy

Market Risk

Seasonal fluctuation
in trekking tourism

Reduced demand
during off-season

Target domestic tourists,
offer discounts,
partner with trekking agencies

Financial Risk

High startup cost
and cash flow issues

Difficulty managing
expenses

Maintain emergency fund,
cost control,
phased investment

Operational Risk

Damage, loss, or
theft of equipment

Increased replacement
cost

Security deposits,
inventory tracking,
insurance coverage

Health & Safety Risk

Equipment failure
causing injuries

Customer dissatisfaction
and liability

Regular inspection,
proper maintenance,
customer usage guidance

Legal & Compliance Risk

Non-compliance
with regulations

Legal penalties
or shutdown

Timely license renewal,
compliance with tourism
and business laws

c

by saoon

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