The Big Wash case study

Document Type:Coursework

Subject Area:Business

Document 1

They both utilized their resources and ideas to generate initial capital to start up the business. Initially, Belmont Investment Group was their first business whereby they sold 300 shares at a price of $100 each share and later they managed to obtain a loan from a local bank. Basically, from the case study, there was no other possible source of funding their business. Explaining the fact that Big Wash had not been robbed From the case study, there are at least three satisfactory explanations that Big Wash had not been robbed as stated below • Gibson's laundry was established in the same house where Gibson lived thus being hard to be robbed. • Gibson's familiarity with his neighbors made it hard for robbery to take place.

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