Loss Prevention Essay Example | Topics and Well Written Essays - 2000 words

Loss Prevention - Essay Example During the percent of the population residing I rented homes. Every other person wants to have his or her own company then each small thing regarding security becomes vital. While setting up an office, land value was not at all a constraining factor for the businessmen. The important elements of marketing plan are to precisely define the business, identify the goals and serve as the firm's resume. Pro forma balance sheet, an income statement, planning precise strategies, security and cash flow analyses comprises the basic components of a marketing plan. Preparing a marketing plan helps in the allocation of resources properly, making good decisions and handling of unseen or unexpected complications that may become hurdle in the future development of the business. One of the important aspects of marketing plan is that it provides organized information about the company and importantly a good business plan helps in attaining a loan application. Other important applications include informing the details of the company to the sales personnel, suppliers and others so that they become aware of company's goals and achievements. Retail business is a hugely profit making business. It is one of the booming businesses that have given fruitful results to those who invested to gain profits. A retail business can give good results if the infrastructure of concerned shop, market or trade is good. Basic facilities like water, electricity, food and shelter should be sufficient. Retail prices will increase when the land is in the center of the city, or in industrial areas, or in residential areas. Infrastructure of the city or town plays an important role because those are the basic amenities that an investor would look into, before buying the land. Lack of infrastructure and basic facilities would lead to downfall in prices of the land and investors will lose faith and retract the investment. This would be huge disaster for any businessman. Therefore before putting a land to sale check the basic amenities and infrastructure and the price of the land accordingly. Retail business has become a hotspot for retail businessmen domestically and internationally. The main reason for this is the presence of strong infrastructure, marketing and good facilities like electricity. One of the important factors that have increased the retail corporate is the high rate of ownership. A general definition of valuation of property is to state the actual value of the property both according to the government and private (commercial) sector. While valuating a property government will not consider the commercial demand that property is possessed with. Apart from state owned properties commercial and residential properties are in boom these days. Resident localities are fast growing and becoming some of the costliest living areas. Commercial properties that fetch income are of many kinds. Commercial show rooms and establishment of corporate offices are touching the heights of the retail business. Commercial show room owners are ready to pay any amount of money to get a place in the most commercially viable areas. One of the important things among retail companies is transportation of goods. For transportation these companies depend on companies like DHL, UPS, etc. The