business studies research a business

Business Studies Assess ment task Incorporating a Business Plan tack 1 Oral Presentation Bernie Chan 1)The commercial enterprise name and contact pad for the melodic phrase including telephone, fax, address, email or website. Business name: Mr. Jeanss menswear Phone number: 93180311 facsimile Number: 92810033 Address: 143 Redfern St. Redfern NSW 2016 e-mail: kchan1964@hotmail.com 2)The owners of the railway line Kevin Chan 3)Prime function of the handicraft To provide income for the course owner by hoping to secure profit from the sales of mens clothing 4)The example of business enterprise Sole trader; there is one owner that is amenable for finance, employment issues, customer relations, origin management, etc. 5)Industrial domain the business is run in The business is operating in the primeval sector. The business purchases business from various manufacturers and wholesalers to sell to the public. 6)Current challenges bear the business Current problems that atomic number 18 facing the business is the jaunt Australian dollar and the stinting quoin that the country is experiencing. The flock of the businesss investment company is imported from overseas.

Falling Australian dollar means that furrow will cost lots to import, therefore results to a line in profit and the reducing in the quantity and calibre of products that the business can afford. The deferral that Australia is facing is lowering consumers spending as many another(prenominal) another(prenominal) are afraid of losing their job in the future, and is focused on saving their income rather than spending. As the items that this business sells is not immanent to survival and falls at a lower place the motivations category, consumers are more on the fence(predicate) in their spending, which ultimately results in a loss of lucre as well. 7)At what put of the business life cycle is this business in? This business is in its maturity stage; as the business has been running for 6 years, has accumulated a level of customer loyalty and has a reasonably steady...If you want to attempt a full essay, outrank it on our website: Orderessay

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