After 12 months of the enthusiastic operation, the financials were revealing that the revenues could not support the expenditures and the market analysis had been some what over optimistic. The products were good and there was a sound basic for continuing sales income and expansion, but not a sudden surge of revenue as had been [...]
Over control – the financial extremes
Many studies have been made of the automotive industry and its influence on economies and markets. As multibillion dollar operations the impact of business success or slowdown on the areas in which they function is significant. Material suppliers, workers, distributors and the customers themselves are affected when problems arise in the industry.
During the late 1970’s [...]
Running a head of the figures
A small enterprise based on an import distribution license for functional novelty items was established after few initials orders, taken on speculation by the entrepreneur suggested a reasonable large potential for the range of products available from the foreign manufacturer. The initial customers were encouraging thus the business developed committed borrowed resources to the establishment [...]