You have a sole proprietorship merchandising business

Assignment Help Business Management
Reference no: EM1333125

In this equation below I we formed peer questions for our weekly brainteasers please help us solve.

You have a sole-proprietorship merchandising business dealing with photography equipments. The business was established three years back, and it had an average annual turnover of $50,000. However, over the last six months, the monthly sales have fallen considerably. To reverse this downward slide, you are considering selling the products on a credit basis of 15 days to all your regular customers. There are approximately 25 -30 such customers. In turn, you also plan to ask your vendors to increase the credit period from 15 days to 25 days for all payments. Is buying or selling the products on credit basis a good decision?

1. The business is struggling. What if your customers do not pay? Won't you still be liable to your suppliers? Would you give all your customers credit, or would you qualify them somehow as to their credit risk?

2. How will you qualify the customers as to whether or not they are a good credit risk?

3. What would you do to determine why the business was lost? Was it competition? Was it better product? Location? Prices?

Reference no: EM1333125

Determining the operational considerations

Think about Outsourcing (or offshoring) the following two companies, a manufacturer of office furniture and retailer which sells cell phones and data services. What are 5 O

Describe the external and/or internal driving forces

Describe the external and/or internal driving forces, contributing issues, and the people affected. Evaluate the stakeholders involved and discuss how they will be affecte

Write a memo in which you communicate a negative message

Write a 1- to 2-page formal letter or memo in which you communicate a negative message. You may select from one of scenarios Tell your investors or employees about a recent

Illustrate contestant on donalds trump apprentice

Considering the above statement, illustrate what would you do if you are a contestant on Donald's Trump's Apprentice? Word count a paragraph.

Illustrate what role wills the government-church and family

illustrate what role wills the government, church and family play?" exclaimed the vice president of Milam Corporation. This manager's comments reveal illustrate what concept

Examine the features and capacities that amy should include

Examine the features and capacities that Amy should include in the Web server computer she will need for her site. Summarize your purchase recommendation in a one-page memor

Describe the importance the goals chosen

Instructions List one SMART goal you have for your personal life. Note that SMART goal include timelines; some goals may have several steps/subgoals to be met on the way to ma

Return compounded monthly in the stock market

You are currently 25 years old and wish to retire at age 65 with $1.5 million dollars. You believe that you will be able to get a 7% rate of return compounded monthly in the

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd