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Topic: Business
Number of pages / Number of words: 7 / 1743
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They are too high with weak results. Another problem is the price of the product; it is too high from $280 to $300 which is with comparison with concurrency too high. Squirrel Defense Inc. also spent too much money and time of developing the product and concentrating on product itself instead of concentrating on starting up business and limited financial resources...


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This way, company made a high debt. Overall, financial situation of the company is not positive which could lead to more serious financial problems and even to bankruptcy.

Secondly, there is problem with marketing. Company is not able to advertise its product properly. In spite of the great beginning with winning several prizes, it did not continue successfully...


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