BELLE FLEUR BUYING AN EXISTING BUSINESS OR STARTING FRESH.docx - BELLE FLEUR BUYING AN EXISTING BUSINESS OR STARTING FRESH Group 1 Name Aravind A S

BELLE FLEUR BUYING AN EXISTING BUSINESS OR STARTING FRESH.docx

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BELLE FLEUR: BUYING AN EXISTING BUSINESS OR STARTING FRESH Group 1 Name Roll No Aravind A S EPGPKC05003 Deepak Sasikumar EPGPKC05035 Rajish K EPGPKC05053 Vikram P Rao EPGPKC05066 Jaseel K P EPGPKC05011 a. What are the advantages and disadvantages of Coquis buying Belle Fleur? Advantages: - 1. Capital requirement/arrangement: Its easy to arrange the finance for the existing business than starting new venture. 2. Staff: The existing staff can be trained as per the vision of Coquis. She doesn’t have to hire the new employees and then train. Which will save some cost for her 3. Existing Customer base: The existing customer base is added advantage and she can influence the existing customers on customized flower bouquet. 4. Location of the business: Since its already in one of the prime areas, its easy for Coquis to start her business in existing one. Rather than searching for new location and paying huge amount of deposits.
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5. Ease of start-up: The business can be carried out with existing infrastructure and staff.
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