Start your marketing plan. Part of Passion Soles' marketing strategy will be based solely on location. Passion Soles is located in a trendy mall that receives abundant walk-through traffic. This location will cost a premium and will not be directly linked to the marketing budget as rent has been categorized under general overhead.
The present research has identified that IT Shoes business is as well popularly known for supplying high quality materials which is used to manufacture high quality shoes. The IT Shoes company long term plan is to become the world leader in the supply of ladies shoes. The company current popularity and increased sales and profitability is to a great extent brought about by its reputation in offering convenient means of selling its shoes to local customers. Therefore, to become the world leaders in the contemporary multifaceted global market, the company ought to have an effective business plan which incorporates views and options of all players. Moreover, based on the available financial statistics, the business requires some external financial assistance to facilitate its long term development plan. Moreover, the level of the company market competition is relatively low compared to other global markets.
Paul Kidd bought the company in and increased the shoe-making sector as demand grew. Disclaimer: This work has been submitted by a student. This is not an example of the work written by professional academic writers. Here you can order a professional work.
Last Updated: May 6, References Approved. With over 15 years of experience in accounting, Keila specializes in advising freelancers, solopreneurs, and small businesses in reaching their financial goals through tax preparation, financial accounting, bookkeeping, small business tax, financial advisory, and personal tax planning services. Keila spent over a decade in the government and private sector before founding Little Fish Accounting. There are 19 references cited in this article, which can be found at the bottom of the page. This article has been viewed 2,, times.