Small business financials Assignment Example | Topics and Well Written Essays - 1750 words

Small business financials - Assignment Example Increase in population has various positive effects on the businesses as well. This rise directly affects demand and supply of various goods and services including food and clothing as they are very basic in nature and required by everyone. In this regard, it is important to mention that the purchasing power of ordinary Qataris is considerably strong and sound as well; the recent estimates reflect that per capita income of ordinary Qatari is $88,000 in 2010 and this country has been identified as among the world’s richest countries (Greenfield, 2012; World Bank, 2015). Based on these fundamental economic indicators, it can be easily deduced that Qatar is ideal country for the purpose of investment as the country has all those basic economic and infrastructural factors that are highly needed for every investor. More clearly, the country has ideal business climate where stable currency exchange rate, low or no crime rate and investment friendly policies of the government, above all the absence of terror threats are some of those indicators that catch the eye of every investors. Keeping these healthy and attractive factors in mind, it is highly reasonable to open small scale retail shop in the country with the following basic accounting and budgetary allocations and estimations. Unique will be name given to this new retail store as this retail store will be located at the centre of Doha city. This location has been chosen for various reasons. First, this city is commercial hub of the country where trade and other commercial activities are carried out; additionally, Doha is highly populated area in the entire country. At the same time, the city is undergoing a faster pace of urbanization which further attracts investment and migrants from under developed areas of the country (Kovessy, 2014). And the government’s