Georges case study

May 21st, 2016
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Colorado Heights University
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How Georges succeeded in his business including best practices he used.

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Running Head: GEORGES TRAINS1Georges Trains: Managerial FinanceInstitutional affiliationDateGEORGES TRAINS2IntroductionGeorges is amongst the biggest stores for model trains in North America. The store onlydeals with only model trains as well as one of the few hobby shops online that is dedicatedexclusively to model trains. Georges specializes in the sale, trading, repair, and types of modeltrains. Usually; Georges sells everything for layouts and sets, scenery, and model accessories.The store offers a sales and service to both occasional customers and serious collectors across theglobe. Georges trains had focused on repairing model trains for others just after WWI. With hisbrother, they are both showing their passion and expertise for model trains. They have been ableto keep the original values Georges trains while moving with the economy by making one of thebest hobby shops online. During the year 2007, the two brothers saw a need of a location outsideof Torontos busy downtown core and purchased Railview Trains and Crafts in Markham. Theirparking is located right in a place whereby their customers are able to see trains travelling eastand westbound from the store. Georges trains has been seeing to innovate as well as improve onits demand of trains, which has made the business to be one of the best innovating businessacross the world (Georges, 2013).Working capital practices and methods of capital budgeting analysis

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