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Greenways Estate Agents

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Greenways Estate Agents 1A level 1 Greenways- Business Activities Greenway is a sole trader. Greenway is an estate agent. When someone wants to sell their house, they call several estate gents to get a valuation, before they choose one to sell the property. This means that they are a service provider. The way estate agents like greenway makes money is by, selling peoples houses. But before they do that the owners of the property and the people at the estate agent draw a contract determining how much percentage the agent gets for selling the property. Greenway was based in the suburbs of Salford in north Manchester, but then moved to Didsbury in south Manchester. Greenways- Ownership Greenway is a sole trader, which means that it has one owner. The owner of Greenways is Tom Greenway who is 52. ...read more.


Greenways- Aims and Objectives Every company needs to have business aims and objectives. If they don't have these the business doesn't have a clue what thy want to achieve or how there going to achieve it. Greenways have many aims but I have chosen 4 to talk about. Aim 1 - As all businesses there initial aim is to make a profit. This is done by increasing revenue and reducing costs. This basically means increasing the amount of money you make by selling houses and lowering the costs of keeping the business alive. This can be done in a numerous amounts of ways from jus selling more houses, widen his radius in which he works in. Aim 2 - Also his aim is increase and maximise sales. This aim is mainly just to keep up with the banks and building societies that are opening estate agents. Those companies would be using the internet to advertise, buy and sell properties. ...read more.


But he would want to leave his staff without a job so he hopes that a bank or building societies would buy his company so that his staff would still have job security. 1A Level 2 Even sole traders like Tom need to set these aims so he knows what he is trying to accomplish. Aim 1 - He decided to make a profit as an aim which is more or less an aim which is established by all business. Aim 2 - Also he decided to make one of his aims to maximise his sales, which is an essential for a business because it is so small. By maximising the sales means he would get more money. Aim 3 - To grow and expand is important for a small business, because then it they get to sell or rent houses on a bigger radius of land. Then again resulting in profit. Aim 4 - Is to become highly competitive. So to provide something rival businesses don't. This in turn will result in profit. ?? ?? ?? ?? ...read more.

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