¶ … viability of a business proposal in order to entice investors and their hard earned dollars. There are currently a number of small, medium and chain store outlets that specialize in retail sports equipment. It is the researcher's belief that competing against these institutions can be accomplished in a profitable manner if two things are concentrated on. Those two items are; 1) that the store offer sports equipment that is priced for the low-income and financially destitute individuals, and 2) that the sports equipment offered to these consumers be manufactured with social conscience and environmental safety issue foremost in mind. Many business' do not worry about such items, and there seems to be a niche for a company that does so. It is hypothesized that the business objective can be profitably attained even focusing on these two anti-business components. Current literature provides much in the way of negative perceptions of low-income consumers....
As an example "recent research suggests that individuals may not accurately estimate their own financial status" (Moulton, Loibl, Samak, Michael, 2013, p. 376). If consumers have difficulty in determining what their financial status really is, does that translate into the thought that they are perceptive enough to know a good deal when they discover it? It is the researcher's contention that consumers with low-to-moderate income do understand the value of the dollar, and because they are priced out of the sports equipment realm, supplying them with low-priced equipment will entice them to purchase more from the company, not less. Of course, that's assuming they have the funds to do so, and that they are more inclined to purchase sports equipment than they are food and housing. This report will show if such thinking is viable or not.
Business Proposal The American economy is undergoing fundamental change. Due primarily to globalization, industries continue to innovate and change. In particular, the rise of the information age has altered the manner in which business is conducted. Technology has now become an integral aspect of all business operations. In many industries however, technology has had very little impact on the fundamental operations of the business. It is these businesses that are unlikely
Business Planned Activities The current performance period runs from late October through early December 2010. There are a number of expectations that will need to be met in order to facilitate the creation of an ongoing business entity. Weekly expectations include; 1) the distribution and return of at least 50 surveys that will assist in determining the need and desire for a new travel agency, 2) a completed cost analysis, 3) compilation
It is projected that at least 10% of the individuals receiving the survey will respond. There are a variety of reasons for using qualitative methods in a study such as this one. Even though there are drawbacks to the qualitative method including (but not limited to) the fact that respondents are not known and could be lying, the responses are very subjective, and the questions themselves are quantitative in nature,
In essence, the likelihood of profitability is a longer-term gamble with Acme Consulting than it would be with the Interstate Travel Center, but the upfront risk is lessened by the experience, lower startup costs, and more diverse sources of startup funding that Acme Consulting plans to employ. These are the reasons that the risks associated with this firm are medium instead of high, and the discount rate should reflect this
. One tactic which has made the John Doe group unique in the industry is its recognition of the importance of community in the viability of individual enterprises. Its damaged relationship with the communities in which it has sought to operate can be rectified by aspects of its model which are already in place. Though the company operates thousands of funeral service establishments from a centralized point of authority, its
Business Finance Assessing the Risk in Three Potential Investments The way an investment is assessed will include consideration for the level of risk that is present in that investment. The higher a risk associated with a business the higher the required rewards referred to as the risk and reward equation. Where the risk premium increases this will also lead to the use of increased discount levels in discounted cash flow assessments, such
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