discussing cause-1

  I'm a business administration student. I have been asked to analyze a case about a closed music store this semester. Below is a list of the reasons of why I think about it. First of all, its location didn't have enough population. In my opinion, he should choose a place in the shopping mall or the main steet near train station. Secondly, the owner of this music shop spend too much money on buying CDs for his shop. I think his can buy some second-handed CDs to reduce his budget. Besides, most of the CDs were hip-hop and rock which can only draw some specific groups. Maybe he can buy some pop music which can attract more people. Furthermore, he sold each CD for 15 dollars which was too cheap that he can't earn money from selling them. In addition, he didn't provide the server about the customer who was pay by checks  and credit cards. Moreover,  he hired too much clack for his shop which may increase his financial burden.  The last but not the least, his work time is on Monday to Friday from 1 to 5p.m. which is the main problem about his failed. The hours his shop worked was not the rush hours that he couldn't bring people in his shop. After I analyze about this case. I think the owner should think twice before he planned to open the shop. Otherwise, he will failure in his next investment.