The owner- manager must be everything at once like, the captain of the ship and/or the pilot of the plane, unlike CEO’s (Chief Executive Officers) in a big company and more complex firms. He or she can’t afford can’t concentrate alone in one aspect of the business. The business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers. The sole proprietor ...view middle of the document...
Let us look at the situation of this case, of what is the personal strengths and weakness that an owner brings to the business? And how his/her personal situation, including values, goals, experience, education and health constrains bring as an alternative or otherwise seeking for the success or faiure of an enterprise.
You need to consider the options before deciding, the historical background of the company and other matters related to them before buying or investing.
Firm’s history, development and growth
In 1975, real estate business bloomed; many individual invested to this type of activity including Senator Manny Villar. He established real estate Development Company whick brought success to him and his family, it made him a Billionaire in real estate development. Many big companies had made their success on subdivision development.
Another individual is ENRICO B. BENEMERITO, he had undertaken the venture of development into a real estate business using his background in marketing of books. His personal friends motivated him to follow their business ventures, including the techniques and formula in the industry