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| Topic: |
Business
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| Number of pages / Number of words: |
21 / 5624 |
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Another crucial factor of the business is the fact that the Ratcliffes now own the South Bristol branch. Ratcliffes have also recently been granted a liquor licence. A quick look at the Balance sheet and the Profit and Loss accounts also tell us that Ratcliffes is a profitable company and has had steady growth for the last few years...
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The company is also strong on fixed assets and turnover has been steadily rising.
However the business does have weaknesses. The organizational structure seems over-complicated and the Ratcliffes had to take out loans to get the business started. There is also some work to be done in order to meet health and safety requirements...
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