Dragonfly Corp

DragonFly corporation case skeeter hawk Corporation is high last teenage clothing stores based in Seattle. It was founded in 1994 by Janet and Michael Thompson former buyers in a department store, and mostly financed by Janet`s parents. Unfortunately once launched the store didnt drop dead up to the expectations; the sales were insufficient, margin too small, they had take stock oversight problem and started to fall behind in the rent payment. To base runner their losses and the inventory surplus, they decided to open a indorse store in an enhanced location. Undeniably their strategy worked; inventory was down, sales were up, turnover had increase, and most payable were in clipping except for the Crossroad rent unpaid balance. Just when Dragonfly started to finally breakeven, the Crossroad mall, the first store location, with over 20 000$ and one year contract left wing, was threatening legal action. The Thompson were left with a choice to make; both to bankrupt and free the family money, to put in additional financing or to bollix up their fingers and hope. I reckon that the Dragonfly Corporation should non bind unsuccessful person or neither crosses their finger and hope except they should restructure and downsize their company.

Given that the shopping centre Crossroad is chop-chop deteriorating by losing a significant number of inhabits and is struggling to rive traffic and clients, I believe there is no likely and profitable future for Dragonfly Corporation there. Therefore I think that the best option for Dragonfly Corporation is to negociate an early exit from the rent by using the bankruptcy menace as a lever against the mall. However they may need a small investment to help narrow down the impasse in view of the fact that the landlord business is in like manner going down the road and he might not be so incline in losing another tenant and additional money. Moreover since unpaid lease dragonfly biggest period debt, an arrangement with Crossroad would liberate them from most of their financial... If you want to work over a full essay, order it on our website: Orderessay

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