Sunday, December 18, 2005

outline primary strengths of bus
  • creation of a new product for which there is not competiteive options
  • better service
  • lower price
  • higher quality product
  • entreprenue is a key assest -- his knowledge, energy, expertise --important very
  • george ballas : burning desire of entere to succedd.
  • avoidance of slack of established company.willingness to go extra mile
  • marketing strategy , outstanding ad compaigning
  • unique niche in highly specialized market
  • larger distributor networks.
  • business location
  • supersales person
  • financial capacity of enterprise
  • ability to grant credit terms to customers
  • lack of fixed obligation
  • cost effectiveness and efficiency of plant and equipment
  • age of plant and equipment
  • employess
  • lack of union
  • eixsiting contract or promise of contracts from customers
  • general economic climate
  • financial condition of clients of business
  • predictability of business revenues
  • can u forecast revenues with some accuracy for several years
  • accuracy imp to avoid financial embarrassment
  • atleast understand volatility to incorporate it.

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