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Friday, April 2, 2010

The loan capital of-laws

When I give a seminar someone asks about future wife suitable to his side, to become businessmen, because his family is not supportive to become entrepreneurs. His parents wished him to become civil servants. "If you're desperate to be an entrepreneur, you will not provide capital to you," says father. But the participants of the seminar will insist to want to become entrepreneurs.
So I suggested "Seek sholihah wife, beautiful, ananya rich, single and his parents would have died. So after death can Andan heritage as a capital. " All the seminar participants laughing with my answers to them. I would say that the law is one alternative that can be used to start a business without cash.
Starting a business with capital from the in-laws do Sam Walton, founder of Wal-Mart. Sam set up shop with $ 20,000 in-law to borrow capital and savings as the result of military service 5000 dollars. Sam's shop is a store of The Butler Brothers franchise. With the help of Bud Walton-in-law and sister-in-law, Sam opened a store in Ruskin Heights, near the town of Kansas in a shopping center. Then open a larger store that is named Walton's Family Center along with Bud and Sam eventually founded Wal-Mart. Initial strategy was used to discount stores. This strategy is the first in the world. Five years later, Wal-Mart has 24 branches with sales of 12.6 million dollars. In 1970, Wal-Mart opens first distribution center and headquarters in Bentonville, Arkansas, and trade shares of the first. Wal-Mart and then approved and listed on the New York Stock Exchange.
In 1987, Wal-Mart's strategy is to decide later to move in the wholesale business. Wal-Mart has learned from Carrefour, which represents European retailers who runs 73 hypermarkets across Europe and there are 780 outlets. Hypermarkets are stores selling wholesale goods and other general merchandise under one roof. Wal-Mart has the potential to perform strategic combination of merchandise and wholesale operations that offer opportunities to expand the company into a more rapidly. Since Wal-Mart at that time, control 50% of 150 billion dollars discount store business, 32% held by K-Mart and Target. Wal-Mart's strategy has a simple side-effects and low profit margins. Consumers visit grocery stores more regularly than the general merchandise store. With this strategy Wal-Mart is able to overcome fierce competition and provide opportunities for consumers to get a general merchandise and troubleshooting small profit margin if the consumer is to resell the goods purchased. Wal-Mart opened four Hypermarkets and continued to open Supercenter, the store format is smaller than the hypermarket format. To create a Supercenter, Wal-Mart is experimenting for four years. The first Supercenter in Washington. Between 1992 and 1998, opened a Supercenter 558. Wal-Mart eventually became the company retailers (retailers), the largest. in the world with total sales of more than $ 100 billion in 1997, and became the company's 2003 Ranking of World One version of Fortune magazine. Even with a world record one-day sales reached 1.43 billion dollars, on the day after Thanksgiving.

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