Risks & Contingency plan:-

1. Summer camps are intended to offer a broad array of entertaining activities and services
along with education and learning. There are also some serious risks involved in summer
camp that can either temporarily stop your operations, or would have catastrophic
consequences in case of an exceptional risk. IN case of a summer camp, All programs
and activities can be classified as high-risk since children safety is major concern for
parents (client). Thus we need to pay additional attention over anticipating all the risks
involved and designing the best strategies that would that would mitigate major risks. The
extensive planning often do not take in account all the unexpected events that usually are
surprising, thus a proper planning and what if scenarios can help in tackling those
areas where the likelihood of problems is the greatest . On a broad perspective, summer
camps have inherent risks and business risks.
Operational
1. Although summer camps have a robust business model, however all the events and
activities are build upon the same set of dimensions i.e. management staff, standard
operating procedures, security and emergency response measures, rules and protocols.
Including the right people is one of the most important concerns as management staff that
is not highly trained according to the set standards for such business operation which can
hinder the operational effectiveness. Besides that, the availability of preferred human
resource and screening process on the basis of previous non-criminal and voluntary
disclosure statement verification can be tedious in weak legal system. Motivation of the
staff in following the SOPs and protocols is difficult due to non-availability of
professionals, and for this purpose you may wish to have a hands-on strategy of
rewarding the staff along with recognizing their efforts. Create a crisis response plan
prior to the starting of your camp activities and also, determine the factors that would
make a staff categorize a situation as a crisis, in order to minimize many of the arousing
traumas that may occur during a catastrophe. Security issues are major concern for the
business in the advent of terrorist and other criminal activities. Luggage and inventory
theft in the outskirts of metropolitan can be raise substantial risk for the camps
management. So a security firm, that has specialized in camp security should be hired as
such a firm would understand the issues specific to camps.


Market risk
Summer camp is not a narrative term but it has always been coupled with schools in Pakistan.
But many times a summer camp is new to some parents and poses many queries in their minds.
Persuasion of parents to send their children on boarding summer camp given the current security
and law and order concerns can be strenuous exercise. As it is a seasonal business any market
uncertainty can lead to loss of earnings. The economic condition is showing signs of progress but
it is perceived not concrete in nature. Government regulations and political risk currently
prevailing in Pakistan can result in some serious issues. As our target market is narrow, so there
are chances that our marketing campaign could not reach to our targeted market.
Financial risk

The economic condition is showing signs of progress but it is perceived not concrete in nature.
As it is a new dimension to existing summer camp business model in Pakistan, arrangement for
finances on less stringent terms will be a strenuous exercise. Family disposal income is
constricting as time is progressing, hence it can reduce the conversion of the willingness of the
parents to send children to summer camp to realization.
Contingency plan:-

A contingency plan sometimes referred to as "Plan B." is devised for an upshot other than the
expected one, and thus prepares an institute to rationally counter the unplanned occasion that
otherwise would have catastrophic consequences. The contingency plan can be also used for risk
management or as a substitute, if expected results fail to occur. Ventures that create stability and
catastrophe recovery plans usually have an easier access to insurance and credit than those that do not
have one. Business that are able to show their insurers a contingency plan can help them obtain a better
coverage and bargain premiums, the reason is that the insurer has to pay less money after an emergency.
For this purpose:
Thus Proper care will be taken regarding the storage of sensitive files, papers and backup
and support data in an off-site location in case they get misplaced from the main office
complex; This type of preparation focuses on keeping a business up and running if one or
more significant aspects of its operations are compromised. In addition suitable legal
documentation and terms of employment will be prepared with our managers and
employees, and we would make sure that there is a non-disclosure contract in place.

Initial emphasis shall also be made on foreign coaches and counselors, who not only
would build our reputation of having best camping activities and facilities but also
educate and counsel our local personnel.

Another unpredictable situation that can obstruct the continuity of operations is
associated with campus security, and we shall make sure that all the high security
measures and other regulatory policy requirements that govern them are in place.

In order to cater the security concerns of parents regarding their children, detailed campus
tours and lectures would be delivered.

Similarly, economic challenges usually progress over time, especially in case of a
steadily declining economy may prompt a business to move our operations towards new
partners and increase our customers base.

Planning and extensive arrangements in order to deal with unexpected events is an
ongoing process and we often do not cover all unexpected events. So we have to continue
the contingency planning for those areas where the greatest likelihood of problems.

A crises response plan should be in place, with the appropriate resources and planning,
prior to the starting of camp activities, in order to minimize many of the emotional and
physical traumas that may occur during a catastrophe. For this purpose, not only protect
the people in your care; and act upon procedures that exhibit that your camp cares for
those who are emotionally or physically impacted even after they situation is over.
Key training staff and personnel are hard to substitute in a reasonable time. For this
purpose proper networking and being aware of possible replacements may help. Trying to
keep your staff provoked requires rewarding them and giving them recognition. A
strategy can also be of rewarding the staff, along with keeping a track of back up people.

Finding the right security firm is another crucial issue to be handled. Select your security
firm cautiously, as many of these firms dont always comprehend the issues specific to
camps in order to have a fool proof security system. Our guards will be trained and are
from renowned security firm.

In collaboration with our partner, we will also install CCTV cameras all over the site
along with coordination with local law enforcement agencies workers from your states
emergency management agency, the local rescue force and child protective services.
Parents and councilors can watch their children any time.
Exit Strategy:
It is very important for an entrepreneurial firm to have clear understanding about the
business it operates. However, it is of equally importance for entrepreneurs to think about
the exit strategy. What if the desired business could not sustain for a longer period of
time? What if the company has not been able to cover its cost? (DeTienne, 2010). As
counter-perceptive as it might seem, preparation for failure is as important as planning for
success. Thus one must have a strategic exit plans that would keep your doors open to
exit the specific course of action if it fails. We have also devised an exit strategy for our
business of Summer Camp. If the proposed business could not sustain itself and unable to
recover its cost, we will exit the business by starting a business of Tour Planners.