The name of the company will be ‘Fit Stitch’ as it is a very short name and it shows the nature of business as well. The official website of the company will be published with the URL name www.fitstitch.com. Currently there is no company offering services with this name therefore, Fit Stitch will become a trademark for my business.
The nature of the business will be sole proprietorship, which means that I will be the sole trader of this business and I would be liable to bear all profit or loss. Moreover, in this kind of business, only I would have the decision making authority, however, to increase the participation of my workers, I would take their input before making any business decision.
Fit Stitch aims to offer affordable, outclass, quick and convenient stitching services it to its customers. Our skilled and expert designers offer outstanding stitching services for all kind of dresses. Our ultimate aim is to satisfy our customers while achieving break even profit.
The company will offer its services in Lisbon, Portugal. There are two basic reasons because of which I am targeting Lisbon market: the first, it is my home city; second, the market need. Fit Stitch will target all these market segments including men, women and kids. Attracting customers who get their clothes stitched from tailors will be easier because most of these people are sick of the prices of tailors and they usually feel very boring when it comes to visit the tailors. Since we will be offering online service and with some extra charges we will also offer the facility to get order from home, therefore, most of the customers will find it very convenient. The customers who prefer readymade garments will also find Fit Stitch services convenient, affordable and creative therefore, they will be also attracted by Fit Stitch.
The only weakness of this product is the geographical limitation. Since, the budget is limited therefore; Fit Stitch cannot offer its ...
Cite this document
(“Business Accounting assement 2 Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/399944-business-accounting-assement-2
(Business Accounting Assement 2 Essay Example | Topics and Well Written Essays - 1500 Words)
“Business Accounting Assement 2 Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.net/miscellaneous/399944-business-accounting-assement-2.
This essay demonstrates that the company has performed well in this year up to January 29, 2011, in terms of mainly its revenue and net profits which have both escalated by 1.4% and 10.14%. There were quite abysmal supplier conditions in the domestic and international market but Next incorporated strategies.
The specific tasks and duties of an accountant are detailed herein, based on answers provided by a real-life accountant who has been requested to be a part of this research endeavor. An account of the owners of the business enterprise - as the employer of the account - is also included.
The global workforce of the firm is composed of 8,000 workers. The firm was founded in Ted Waitt in 1985. The chairman and chief executive officer of the organization is Stan Stih. The purpose of this paper is to analyze the financial performance of Acer Group during fiscal year 2012.
As such, it becomes important to evaluate the financial situation of Northern and Southern branches to identify their relative strengths and weaknesses. In order to accomplish this task, this report will utilize financial ratio analysis.
Financial ratio analysis has become one of the most popular techniques utilized in order to ascertain the health and well being of a business organization.
Under payback method the cash outflow of investment will be covered in third year. As per NPV the project will earn inflow more than outflow in its present value. The present value on net inflow (inflow minus outflow) is $
as a guide for the Board to develop accounting standards and guides in solving the different problems related to accounting which is not dealt with in the International Accounting Standard or International Financial Reporting Standard or Interpretation (IASPLUS,
the achievement of the American dream by saying that “Frank places his blame on the economists for the inflation and argues that the economists have left their work for the philosophers to come up with the solution of income inequality” (Page 2, paragraph 1). The analysis
1 Pages(250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Business Accounting assement 2 for FREE!