i visited a married couple, who have being immigrated for 10 years.
they are running the business which belongs to Secondary sector.they have being running business since 5years ago. it is a long story to tell, they have being done so many kinds of business and jobs.
now, they are sole trader, and suppliers to shops. their job is exports commodities from China to Slovakia, and sell stocks to shops' owner, earning profits from between.
As i mentioned before, that they have been go through many different works, to found out the best one for them.
the reason they have choose to be sole trader was because- As the owner has full control and able to keep all profit.
although the good thing is the owner can keep all profit, however, there is still some risks in this type of business, for example, there are more international stock shops and more shopping mall has built up. it kills the amount of clients and the demand.
however, they have some great strengths, it is their experiences. they did so many kind of jobs, and they are really hard-working.
they make the profits between shops and suppliers.
- what type of market research did this require?
it is clothing market.
- what did you anticipate would be the greatest challenge?
i wont able to work so hard...and this business, we have to fly between original location and sellig location. the cost of it is the owner's health.
- do you have a mission statement?
they just earn enough money to make them happy, but not deficit
- explain the different objective for your business?
- were there any ethical considerations you had to make?
no
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