Michael Williams opened a small music store in September. However, his business failed about three months later. After analyzing methods of management, I knew why it closed too quickly. First, the store’s location was remote; moreover, it was three miles away from a shopping center that had two large music stores. Second, most of the CDs in the store were hip-hop and rock. However, the residents there were old. Thus, these CDs were not attractive to the residents. Third, the store was open Monday to Friday from one to five p.m. Nevertheless, few people walked past the store at that time. Eventually, Mr. Williams would not accept checks or credit cards. It was inconvenient for some people to buy CDs. According to these reasons above, no wonder why Mr. Williams closed his store rapidly.
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