let the business be about selling Mobile phones, assignment help

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Business Finance

Description

BUSINESS PRACTICAL REPORT FORMAT

let the business be about selling Mobile phones :

a)Introduction to the business

b) Start up capital (how much)

c) Types of product or service offer

d) Photos while you market your product/service or capture pictures from marketing products on social media or websites

e) Simple financial statement ( Expenses and income)

f) Challenges while selling your product/service

g) Any happy or sad moment while dealing with your customers? IMPORTANT NOTE ON REPORT LAYOUT

h)Conclusion

  1. Use Font Times New Roman (size 12), type in 1.5 spacing and justified text.
  2. Plagiarism is not acceptable.
  3. Right the assignment by using I'm doing , I'm making , I'm selling as you are selling and its your business

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Explanation & Answer

hi, here is the assignment complete. in case of anything kindly notify me otherwise bye for now

Running head: Business Practical Report

1

Business Practical Report
Name
Institution
Date

Business Practical Report

2

Introduction
My business entails selling of mobile phones on a retail shop. I incorporated the business
five years ago, it was a partnership between my friend Tom and I. starting the business was a
huge decision and it came with many challenges since it was the first time doing such a business.
Over the past five years there has been tremendous changes to the business. Due to high rise in
demand for smartphones, the business picked up really well just only six months after its
opening.
I later took over the business as a sole proprietor after a mutual agreement with my friend
Tom. After financial settlement to the part of ownership he owned, I expanded the business and
opened three other retail shops in the next towns. The business has a total of seven retail shops
now, all of which are bring huge retains and the customer base has increased significantly and
the sales turnout goes to a tune of 150 smartphones in just a day.
I took an initiative and set up a website for my retail shops where the customers could
learn what is offered and the prices that are placed on the different models of smartphones. It is
also a place the customers can get to know what is new in the market and the changes in price of
our products. The introduction of the website boosted the sales of my business and the
customers’ complains was also easily accessed and acted upon through the company website.
I later improved the website to accommodate a feature where...


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