This measure will give the public a feeling of being secure and this is likely to act to the advantage of the business venture. The project also aims at increasing the operational duration of the business so as to cater for both daytime and night clients. The project recommends a 24 hour operational business venture that is fully operational seven days a week. Risk management is an important business strategy since it prepares the business for risks that it is bound to encounter in the course of its operation. One of the most essential risk management strategies is diversity. Diversification of the capital base can grant a business security to combat the risks involved. The project is based on the expansion of the business venture that is already established instead of aiming at developing other stores which would enable it to spread the risk. Concentrating capital exposes a business venture to the risk of losing its capital in the occurrence of disasters such as earthquakes project offers the business great opportunities to increase its sales. The project captures the aspect of expansion of the capital base venturing in new business lines. The project states that a food sale support area be introduced together with an indoor garden center. Analysis of Walmart Expansion to Ukiah Project.
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