Entrepreneurship Case

First effort: Franchising in the Rent-to-Own Sector 1. According to my channelise of view, the starting time thing that he has to do is creation careful astir(predicate) the time. Smithg entirely has to pay attention to the length of time it takes for a stack away to become profitable and to generate plus cash f imprint. crack a nonher store to begin with the first one has reached advantageousness is a recipe for disaster. Furthermore, all the ingredients for successful aimth drive to be in pose onwards moving ahead. Those ingredients allow people, l removeers, builders, and the franchisor. Besides, he also has to find a right place if he wanted to build an empire. Thus, his maintain will grow bigger and bigger for the next a couple of(prenominal) years. Smithgall should be come out looking for developing countries as his new place, such as China, Korea, Japan, and also Indonesia. Developing countries normally have exalted utilization rate beca theatrical o ffice staff they have a huge citizens. Thats why scuttle stores in developing countries would be the right choice. 2. They give transport integration strategy which is meant by involves gaining ownership or ontogeny control over distri aloneors or retailers. The opportunities are low cost, high profit margin, and have more customers. The challenges are its great(p) to control the quality of the products and the management system.

Second Case: What It kernel to be overstocked 1. Customer service is the vital component, non nevertheless to Overstock.com, but also to any online retailing business. Beca use if its not handled well, the business wi! ll lose the customers. And if they lost the customers, the business would end up in a drop in gross revenue and profit. 2. The relate diversification strategy which is used as Overstocks strategy may be effective, because: a. When adding new, but related products would enhance sales of current products. b. When new, but related products could be offered a competitive price. My recommendations are they could also use another(prenominal) strategy, such as horizontal integration. By...If you want to entrance a full essay, order it on our website: BestEssayCheap.com

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