Zero Waste Grocery Store - Save Money & The Environment
We are forced to buy things in fixed amounts and in toxic plastic packaging. We are here to change that!
Risks and challenges
As with all projects there are challenges and with our project there is no exception. As our project is working with perishable items, one of the main challenges is balancing the expense associated with spoilage with availability. Most of the product we will be selling by the gram will be dried produce, hence their shelf life would be much greater than that of fresh produce, therefore we will be able to store such items in large quantities, allowing us to buy in bulk, hence the risk for spoilage for such items will be low. Some of the items we will store will have a lower shelf life and therefore we will not be buying such items in bulk to start with but in small manageable quantities. As the shop begins to run, and we will be able to observe what the buying patterns are seasonally and the demand, this will allow us to plan our purchases better, hence allowing us to keep the most perishable items in stock and giving us better margins on products. This will aid reinvestment and allow us to keep a positive cash-flow.
Another challenge would be ensuring all items are stored in the right conditions to prevent spoilage and maintain quality. This is a challenge that can easily be overcome as we will be renting a facility, along with purchasing equipment to maintain proper storage conditions. In addition to this, daily inspections and maintenance practices will be produced to ensure cleanliness and to verify product quality.
Many of our backers will be wondering about the shipping process, as this is one of the greatest obstacles that may be the reason an online Zero Waste Produce store does not exist. The shipping costs associated with shipping each item will be included in the price of the per gram products, hence there will be no loss from shipping no matter how small or large the order is. To add to this, we will be paying for a contract with Royal Mail, which involves daily collections. This will allow a quick and reliable shipping practice and as we achieve economies of scale the cost of this contract will become negligible.
Lastly, producing a platform for this shop is another risk that is associated with this project, but as we already have an established platform, it will only require us to add to the platform to facilitate this process. Therefore, it can be considered a small risk as the foundation has already been built.
Overall, we believe the risk assessment we have performed on this project has been calculated with the worst case scenario to ensure any unexpected hurdles are dealt with accordingly.Learn about accountability on Kickstarter
- (60 days)