Guillermo Furniture Store Financial Concepts FIN 571 Abstract This paper will give a description of the financial principles; compare the accounting net income, cash flows, and the market value of Guillermo Furniture Store. This scenario provides an opportunity to in developing a financial plan for Guillermo to compete in an economic environment. This paper will provide information on some ethical and moral decisions that Guillermo can use to become competitive with companies in the furniture
Words: 662 - Pages: 3
Guillermo’s Furniture Store Aleshia Huffman FIN 571 John Kushner April 29, 2013 Guillermo’s Furniture Store Guillermo’s Furniture Store, a once profitable business in Sonora, Mexico, has recently experienced some new competition and a decrease in profits. By using three different financial principles, Guillermo has been able to identify several possible solutions to his problem. While there is no clear “right” answer for his company, he has found three viable solutions to his loss of
Words: 644 - Pages: 3
Finance/FIN 571 April 29, 2013 John Kushner Guillermo’s Furniture Store Concepts Guillermo Navallez is the owner of a large manufacturing furniture store located in Sonora, Mexico. Guillermo’s store was doing good business with the locals by providing them handcrafted products. The store was making good profits due to low labor costs, and charging premiums for handcrafted products. Currently Guillermo is facing issues with making profits due to a new overseas competitor. Guillermo needs to
Words: 697 - Pages: 3
Guillermo Furniture Store Concepts Paper Channon Williams February 20, 2012 FIN/571 Guillermo Furniture Store in Sonora, Mexico has been manufacturing furniture by hand for many years. Guillermo Navallez has used local timber to create the tables and chairs. Using the local supplies and handcrafting the furniture has allowed him to keep labor costs inexpensive, but he has kept the price of the items high due to the premium quality. For businesses, there are many concepts one should follow
Words: 816 - Pages: 4
FIN 571 September 10, 2012 Gurpreet Atwal Guillermo Furniture Store Concepts Guillermo’s furniture store is a manufacturer of custom furniture in Sonora, Mexico. The founder and owner, Guillermo Navallez has built up his business over many years and enjoyed success. With recent economic challenges, and pressure from large competitors, Guillermo has to make changes to his operations and how to continue to operate in a competing field as a small business owner directly competing against large
Words: 686 - Pages: 3
FIN/571 January 09, 2012 Danica Djordjevich Guillermo Furniture Store Concepts Guillermo has a furniture manufacturing company is Sonora, Mexico. Guillermo has a good location for his business because of the supply of timber for his furniture. Inexpensive labor and slight raise in the price of the furniture had Guillermo making a good profit. The business was going well for Guillermo until a new competitor entered the furniture market. At the same time one of the largest retailers in the nation’s
Words: 875 - Pages: 4
The Guillermo Furniture Store Scenario Susie Smith FIN/571- Corporate Finance September 26, 2011 Danica Djordjevich, Instructor The Guillermo Furniture Store Scenario Guillermo Navallez is the owner of a furniture manufacturing company located near his New Sonora, Mexico home. This company specialized is handcraft products priced at a slight premium for the quality they represent. This scenario presents a challenge from the arrival of new competition from overseas that has entered the
Words: 1084 - Pages: 5
Guillermo Furniture Store Concepts FIN/571 February 27, 2012 Guillermo Furniture Store Concepts Guillermo Navallez lived a good life in Sonora, Mexico. He owned a successful furniture store in a beautiful vacation spot known for furniture manufacturing. The area afforded him a good supply of timber and inexpensive labor (University of Phoenix, n.d.). Guillermo produced a variety of tables and chairs, plus handcrafted products, at great quality allowing him to set premium prices. Business
Words: 957 - Pages: 4
Guillermo Furniture Store Analysis FIN 571 May 20, 2012 Guillermo Navallez has had a very successful furniture business in Sonora, Mexico. Lately, however, the retail environment has changed. Competition has moved in to the area, and labor costs have risen. This has caused Guillermo’s profits to decrease significantly. Guillermo now needs to research options for his business, in order to stay competitive in the market. One option would be to purchase automated equipment that would make his
Words: 1128 - Pages: 5
Juarez FIN/571 March 22, 2012 John Triplett Store Analysis Guillermo’s Furniture store was hit by companies that are now his competitors. Guillermo’s furniture store has been losing profits and needs to consider other options. The paper will cover Guillermo’s different choices and consider doing some of his business overseas. Guillermo furniture store has been running for over ten years and has been profitable. Then the competitors moved in and brought down the profits for Guillermo. Budgeting
Words: 1240 - Pages: 5
