Business Report Of Tennis Momentum
Business name: Tennis Momentum.
Owners: Mariam Mawad and Mariam Toumas.
Prime function: The business operates to provide quality tennis gear, including different styles, sizes and colours of high quality equipment, men?s and women?s clothing and accessories.
Location: Shop number 576, Westfield shopping center, Corner Brontey St. with Oxford St. Bondi Junction. The shop is located in an area where there are many passers by and visibility for the business. Since this business partially relies on visibility this location is very suitable for the business nature.
Legal structure: The legal structure of tennis momentum is a partnership owned and operated by two people. The reason for this choice is that it is of low start up costs, suitable for both owners? budget. It is also less costly to operate a partnership than operating a company. Further more, the owners avoid paying taxes on business profit, but rather only pay taxes on their personal income. From the workload perspective, it is much more efficient and convenient to operate a partnership, as the workload can be shared between the two partners.
Mission statement:
Tennis momentum is a tennis store that operates to provide quality products and services for potential tennis players who regularly require tennis gear. Tennis momentum
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