Business+Models+and+Systems

In: Business and Management

Submitted By Jasper47
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Business Models and Systems In the foundation of a Business you need three main focus points to establish a firm foundation. I like a small cute store called old time treasures in my home town, which sells items from the past as well as the present. The main goal with this type of business is to use process as a form of keeping sales and revenue high enough for a good turn over, she buys from different people in the community old time antiques as well as more up dated items. She also trades items of value for other items of a much higher value.
The main point is to keep her customers happy so that they keep returning as well as word of mouth and advertising, Even though word of mouth is free, there is the cost of a small bill board she uses to advertise her place of business north of town this might cost her a little money each month which is part of her overhead spending. It still gives her a much higher chance of increasing her production, the advertising helps with sales which give her overall revenue.
With this she has been able to enlarge her store and bring in more goods to help benefit the community she has been able to hire several people full time. This is what makes a good business is keeping people in jobs as well as meeting the needs of the community by the merchandise being sold.
I know the main point of her existence is to build more stores in other community’s which will make her a chain store and give her more profits; she has to keep overhead low, I know in many ways she has given back to the community by helping make jobs for people through the progress of her business, and helping keep money coming in to are small community, because if a person traveling through stops because of interest in her billboard sign they also will stop at other stores of interest as well giving revenue not only to her business but other businesses as well in to…...

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