Executive Summary Colin's unemployment status has caused him to consider opening up his own business. His dilemma is deciding where to locate his business; either at Great Eastern Building downtown or Exploits Valley in the mall. Due to him being unemployed, Colin needs to begin earning an income to live. To do so he needs to improve his projected sales so that his net income would be sufficient to live on and to be able …
showed first 75 words of 1373 total

showed last 75 words of 1373 total
…is not satisfied working there, they will leave and find employment elsewhere. Not only will they take his expertise with them, but Colin will have to train new employees. Consequently, more money will be needed which will add to his expenses, therefore lowering his net income. Some of these problems combined could lead to another closure. Should Colin's new business fail after the first year, he should declare bankruptcy and start looking for employment elsewhere.