COMM-1007EL Lecture Notes - Lecture 2: Pizza Hut
11 Apr 2016
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* conditions: masonville the proposed location gets 160,000 customers per week, 60% of whom are. London residents, of which most of them live nearby. * character: john has experience with with owning a successful business with his mmmuffin company. John opened up one of his stores already in the masonville mall and therefore he"s familiar with the area. Peter has experience in managing restaurants and has his honours business and bachelors degree. * capacity: as previously mentioned they"re structured to be profitable even if they"re on the lower end of sales. * collateral: because john also has another business, the bank can use the muffin company as a way to endure that the bank will get its money from the loan. John and peter also received a federal government small business loan approval which would guarantee 90% of the required loan amount.
