This Assignment is based on a small family owned business, called TriComms, which mainly deals with a small consumer market, however it operates in a large region.

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Introduction


This Assignment is based on a small family owned business, called TriComms, which mainly deals with a small consumer market, however it operates in a large region. This company concentrates on providing high-speed wireless Internet to the end-users. This company is based in High Wycombe, a small town in London (map); the company may have chosen this location, as it is a densely populated area, where there may be demand for this service.
This company provides wireless Internet for a locality of people and mainly focuses its market on large clusters of people, to maximize its business. Providing this facility would require large zone, in which the customers would be targeted. I will be studying the factors involved in this business:

Location: 

This company has chosen to set itself relatively close to its customers, so that if any technical problems that may occur could be dealt with immediately. The company does not have any working staff, however it manages its business over a controlled network, in which it can be aware of any problems. Keeping staff would cost the business, as it would be urged to pay the wages of each staff, as it is a small business it cannot afford any extra expenses. This business requires little raw materials and operates on a footloose location, as it is not tied to its raw materials however it does require small components, to set up a working connection. On choosing this location the business did not take in account any transportation links, as they are not needed. However it did decide to be close to a densely populated area, to target its market, also choosing a densely populated area provides easy access to customer.

Ownership:
This Company is owned and ran by a single person, this is a clear example of a sole trader. A sole trader usually being a one-man business such as corner shop. A sole trader receives all the profit made in the business. As the owner is the sole trader he has unlimited liability which means if the owner is unable to run the business securely he will be liable to loose both his house an his assets.  This company is and an example of a sole trader, that owns and runs the business. As it is a newly set-up business there is no need for a large ownership, Being a sole trader allows the person to be working for himself, this independence allow the owner to have good motivation, and benefit the business well.

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Nature:

This company concentrates on providing high-speed wireless Internet to the end-users Basically this company provides wireless Internet to a community of people, targeting an area where this service may be in demand. As this is a latest form of technology there is little awareness of this service. However it provides computing repairing as an additional service. Providing wireless Internet requires a high-speed broadband connection that is shared amongst a network, this allows the connection to be distributing to the customers.


Size:

The size of this business is fairly small, it does not have any working employers, ...

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