Question

Client 3

I am 35 years old and have been running three successful bookstores for five years. My customers think I have the right mix of books to appeal to younger and older readers. My “coffee-house nights” which feature local authors reading passages of their books to espresso-drinking customers have been a big hit. I am thinking about expanding to eight stores. I have identified the new locations. They seem just right. My two biggest problems are that I do not have enough money to support this expansion and I am not sure I have the skill to manage all eight locations.

What type of business organization do you recommend? Why?

This is for my Business class help!!

Answer 1

Well, first you must have the savings for this project. Since your expanding to eight locations, I suggest you hire some employees so they can help run the other locations. I'd hold off on the expansion until you've got the correct amount of savings, that way if there are any issues in the expansion project, you'll easily be able to cover it.

Explanation:

I know a bit about business, but I'm still learning. I think this might help, I'm not sure. I think you can do a combination of coffee & books.