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Written by:
John M
Date added:
December 16, 2015
Level:
University
Grade:
A
No of pages / words:
5 / 1249
Was viewed:
2744 times
Rating of current essay:
Essay content:
Selection of the line of Business was made considering my Engineering background as also a feeling of comfort in venturing into areas I was most familiar with. Being an Engineer, I started a development workshop for small components for the Tractor Industry as well as Import substitution of machinery spares for the Wool combing and Process machinery companies...
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My introduction into possible outlets for selling these was easy but small component’s development took complete toll of my funds availability. Buyers were many and the trap into achieving challenging developments left a hole in my pocket.
Although the orders started flowing in, situation into funds buildup or capital’s growth was nil, Efforts and costs into this left very little to show that I was in Business? Speaking with some acquaintances and friends already in business made me feel that I needed a Bank Finance to get me into better Backups, as maybe I was too small financially to achieve better volumes and growth...
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