Friday, October 18, 2019
Financial part of the new project Essay Example | Topics and Well Written Essays - 500 words
Financial part of the new project - Essay Example An individual can retail companies like Wal-Mart or a financial organization. Wal-Mart is the leading retailing company. It has been rated as no.1 retailing company in United States. An individual or a firm planning to setup a store can acquire the services of Wal-Mart for the products offered by the Wal-Mart to exhibit the popular brands that comes under Wal-Mart. Instead of approaching the financial institutions like banks for funding loans the dependent can approach Wal-Mart. It can sponsor the person or firm to open store. Storeowner can get commission from Wal-Mart after the selling of the products that were displayed in the store. The commission varies depending on the store. In the current market scenario the sales of fast moving consumer goods (FMCG) and computer hardware and software sales touch saturate point. Unlike stores established for artifacts whose sales move at snails pace than the products like FMCG. In addition, capital required for establishing events that are outdated in the market like antiques and art related is unassumingly high. Moreover the cash involved in such a store will be at stake for a longer period and fetch very less margin or commission from Wal-Mart. The fixed assets required in establishing a store should be on par with the status of the Wal-Mart.
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