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Essay

Butler Lumber Company

Essay specific features

 

Issue:

Business

 

Written by:

Lawerence V

 

Date added:

July 14, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 568

 

Was viewed:

10034 times

 

Rating of current essay:

 
Essay content:

Northrop National Bank offered BLC a line of credit of up to $465,000. BLC would have to sever ties with Suburban National if they were to have this LOC extended to them. As Mr. Butlers financial advisor, I would advise him to take the loan in an attempt to grow the business. One alarming fact about his business is the lack of a sales staff, yet the revenue has been able to grow at a fast pace; 18% in 1989, 34% in 1990, 19% in 1991...
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One alarming fact about his business is the lack of a sales staff, yet the revenue has been able to grow at a fast pace; 18% in 1989, 34% in 1990, 19% in 1991. By adding another an experienced salesman that is working for a base salary plus commission, they can grow the revenues even more. By having this person work on commission, this will eat into the profit margin for the materials he is selling...
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General issues of this essay:
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