1. Pick any small company that you can think that is service oriented. How would you explain working capital management to them, and what specific recommendations would you make to that company?
Please give a 1 page explanation.
2. Pick any local business that has a large service component that you feel could increase sales. (Example: Maybe you have a miniature golf course in your town that is open but not very crowded. Every additional customer would be a 100% marginal profit.) What can they do to increase sales without lowering the price to the customers they have now?
Please give a 1 page explanation