Business of Beverages Shop - Assignment Example

The entrepreneur intends to make contractual agreements with the big names in the industry. The companies such as Coca-Cola, Pepsi and other leading companies would be reached. In the agreements, retailer margin, transport of products, loss in transit, bulk purchase discounts and other important factors shall be discussed. However, before going to finalize agreements, the entrepreneur intends to research the existing policies and interactions between these companies with the retailers. For this purpose, both online and offline resources would be used to gather the relevant information.

The entrepreneur intends to hire three full-time assistants to serve customers. These assistants would be required to guide customers, provide information and assist them with any other requirements needed by the customers. The reason behind hiring three assistants is to facilitate customers. This facilitation enhances the possibility of customer loyalty. Subsequently, this would generate an interrupted flow of customers and revenue would keep coming.