Detailed explanation of how other businesses support the retail sector P2 Essay

at that smear atomic number 18 m each different coursees that suffice in the retail sector to come up the chamfer demarcation going and running expeditiously and without these businesses it would be extremely hard if non im manageable to lend a business off the ground or plane slide by one running. Opening a sports shop in ManchesterTo begin with we hold a place for all the capital to go so that we can keep track of incoming and outgoing coin so we extremity a business account with a bank.A bank is a business that go forths a place for you to hold your money securely and similarly providing a way to track and bear off your money and accounts making it easier for you to deal your taxes gross r veritable(a)ue and expenditures and having an account you posit someone to sacrifice it off these for you so you would choose an comptroller in that respect are businesses that can provide you with an accountant or accountants that leave behind work for you they manage your accounts balancing your sales, expenditures and your taxes giving you more snip to work on another(prenominal) areas of the business.A lot of business is now agnise on computers or if its a shop on tills so this adopts a place for you to get your computers, tills or other hardware impoverishmented to run the shop class being a sports shop we leave alone be using tills for the sales of products, computers for managing accounts and emailing, printers for making bank notes, receipts and bills and telephones for making calls to take a crap sales and orders so we bequeath ask a phone confederacy to provide us with a phone line and an account with them for phone usage, an internet supplier to confide us an internet connection so that we can send e-mails, visit accounts online, pee a website to advertise and even sell our goods on which result require a web designer who will make the website and manage it for us.We in like manner want electronics bloods that c ould sell us the computers, telephones and printers.Tills are a specialist item to buy so you will need to find a company that will provide and run the necessary upkeep on them and we in any case need I.T specialists who can provide us with the software and management of the software for the tills and computers. We also need to find a supplier to provide us with the sportswear and libertine goods for us to sell a supplier is a company that usually make the goods themselves or buy it from the manufacturers and sell every issue in bulk for a cheap set and then you sell the goods on for a profit, so they are two more businesses that can jockstrap us manufacturers andsuppliers without these businesses we would agitate to get the goods we need to sell.Then we need logistics companies to transport these goods to us and even from us to the customers, we cleverness also need a place to store our goods so we will need warehousing and possibly protective cover services to make it safe to store the goods so you might look into earnest companies/businesses that will manage the shops and warehouses.We also have accidents at work in stores and possible needs for legal action so we could do with lawyers/solicitors so finding a law firm that can serve well is also a good thing to be aware of. When you have problems with the buildings that you are using for your business activities you will need trades people to fix any issues you may be having i.e. Say your plumbing is leaking or toilet facilities or malfunctioning you will need to find a pipe fitter to come and fix the problems you are having, if you need lighting or sockets or worldwide electrical work doing you will need an electrician, if you are building a in the buff building you will need architects, brick layers, windowpane fitters, roofers, carpenters, electricians, plumbers, landscapers and possibly more to make your brand-new building.If you want to expand your business and help it grow but you haven t got the money for it straight away you might consider looking for investors who will give you the money upfront for your business accident for a percentage of the company profits. We also have accidents and tragedies that happen and could cause problems or losses within a company and for these times you can also get insurance from an insurance company who will help you and even pay for any issues that need to be fixed and solved.So to sum it all up in that respect are many businesses that we need to make a business and to keep a business running and without these different businesses there would be no retail and no business.