 At McQueary Henry Bowles Troy, we pride ourselves in understanding and relating to our clients' business. The goals and objectives of the retail industry very closely align with those of MHBT. In your business as well as ours, customer service is of utmost importance as well as understanding and exceeding the expectations of the customer.
We believe that we must anticipate your needs and be prepared with the right products and services. We understand, for instance, that your business is dependent on the well-being of your suppliers and that if for any reason they are unable to deliver, your business is interrupted. We are able to help you quantify this contingent exposure and propose ways to transfer the risk via insurance or other financial mechanism.
Other risks, which are part of your business that must be valued and controlled, include:
- Stock valuation - including peak season
- Crime - theft, robbery, shrinkage, embezzlement
- Business interruption which includes how your distribution centers affect the operation at your stores
- Liabilities assumed under lease agreements
Understanding your business is the key to a sound risk management program. We believe we understand the risks associated with the retail industry and that we have the answers for you.
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