Catfish Creek Canoe

EXECUTIVE SUMMARY Catfish Creek Canoe This summary discusses the process by which an entrepreneur, Steve Davidson develops a origin final cause to pioneer a canoe manufacturing shop. One of Davidsons dilemmas is developing the right(a) pricing dodge to maximize his profits. It is obvious that Davidson had a choler for the art and romp of canoeing since he had canoed recreationally for more than 20 historic period and had done woods working for more than 15 years. In combining the deuce skills, he had also built three canoes and was up to(p) to switch them for a small profit. Therefore, he byword an opportunity to wee and sell handcrafted cedar canoes after experiencing hood shock at the price of canoes of much lesser timbre than the boats he had built. He felt that he would be able to capitalize on this market opportunity by providing timber handcrafted boats that he could sell for a premium price. Davidson planned to constringe in 16ft Peterboroug h canoes, which were of the mere Canadian design. Because of the popularity and reputation of these canoes, he figure building boats of colossal forest by using the highest quality materials. In appendage each canoe would bear a certificate of genuineness and would be guaranteed for five years, which exceeded the industry standard.

Davidson, took what he felt was the following logical step in his plan by enrolling in a 12 week entrepreneurial broadcast which gave him attack to a wide range of business resources. He also rented blot space near the program site. He hoped that the close proximity of these resources would give him a hawkis! h advantage. Davidson projected that he could clear 30 canoes per year. Each canoe would take 10 old age to build so this meant that production time would run three hundred sidereal twenty-four hour periods per year. This would provide him (including major holidays) a 65 day buffer period to allow for production delays. An experienced craftsman could build between 25 and 30 canoes per year. Since his...If you want to pack a full essay, order it on our website: OrderCustomPaper.com

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