Success Story: Long-Term Financing to Increase Inventory - A Capital Idea

Topics:
Inventory Management,
Working Capital
Tags:
Business Development,
Strategic Planning,
Sales Strategy,
Sales Force Management,
Sales,
President,
Management,
Inventory,
Business Development Bank Of Canada,
Strategy
Source:
Business Development Bank of Canada

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Overview: When Arctic Spas President realized he could drive significantly more revenues by increasing his company's inventory and broadening its range of products, he knew that this was a business opportunity worth pursuing. The President of the company is now seeing the real advantage of diversifying its product line and increasing inventory. Today, Arctic Spas has managed to maintain 100% annual sales growth, recently opened a new store in Penticton, B.C. and plans to open additional showrooms down the road.

(Is this item miscategorized? Does it need more tags? Let us know.)

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