FamilyBusiness_Group2 - Sport Goods Running head: OHIO...

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Sport Goods 1 Running head: OHIO SPORT GOODS Ohio Sport Goods Jennifer Chessar Bobby Harris Chris Hayes Angela Gibson Indiana Wesleyan University I have read and understand the plagiarism policy as outlined in the syllabus and the sections in the Student Bulletin relating to the IWU Honesty/Cheating Policy. By affixing this statement to the title page of my paper, I certify that I have not cheated or plagiarized in the process of completing this assignment. If it is found that cheating and/or plagiarism did take place in the writing of this paper, I understand the possible consequences of the act/s, which could include expulsion from Indiana Wesleyan University.
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Sport Goods 2 Abstract Having the knowledge that your family’s business that has been around for almost sixty years is on the edge of closing is not easy. Sue, the owner and manager of Ohio Sport Goods is facing those fears. Sue decides that it is time for her and her brother Joe, the silent partner of the store to sit down to discuss the future of the family business. When their father died Joe and Sue decided that Sue would run the business, but Joe who worked full time for his own business would still reap the benefits. This was because at the time Sue couldn’t afford to buy Joe out completely. Now that the company is facing a hard time Sue feels that Joe should have a say in what happens next. Joe knows how hard it is to own your own business and he understands that Sue has done everything she can to keep their father’s dream alive.
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Sport Goods 3 Ohio Sport Goods Joe and Sue start to make a list of why the business is doing so poorly at this time. The number one reason for the struggles is the current construction issue. The state deciding to tear apart the main road leading to the store is definitely the biggest hindrance to their success. The steps that Sue has already taken, reducing staff and hours have definitely helped the situation. Knowing that the road construction is due to end in September of 2009, and knowing that when all of the construction is complete the store will actually be easier to get to then ever because there will be three lanes of traffic heading right to them makes Joe understand why Sue doesn’t want to have to let anyone else go. Other facts that we need to remember in this community. Up to this point these jobs were
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This note was uploaded on 05/08/2011 for the course BUSINESS MBA 670 taught by Professor Studebaker during the Spring '11 term at Indiana Wesleyan.

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FamilyBusiness_Group2 - Sport Goods Running head: OHIO...

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