Tidmax Due Diligence



Tidmax Due Diligence

Introduction

Tidmax Due Diligence was incorporated in year 1990 in California Washington; however, within few years of its incorporation the company was merged with traditional wholesale company. After its unexpected merger, the new management of the company introduced the concept of warehouse (Gill & Chatton, 2001).

However, after approximately three years the company changed its name back to Tidmax Due Dilligence, which is currently situation in the Southern cost of California. In addition to this, concept of warehouse has allowed the company to directly purchase its products from the manufactures, and hence has reduced its expense of suppliers.

The management of the company has selected the best possible location for the stores, as they are considered as appropriate for customers, to enjoy their shopping, and an open environment for children to play around the stores. Moreover, the average size of our stores is 130000 cubic feet, floors are well furbished, twenty-four hour air-condition, separate washrooms for male and female, dining hall, and other facilities.

Further, the management of the company is ensuring the implementation of its mission and vision, which clearly explains to sell high quality of goods at minimum price from the market, and to provide customers the guarantee of all the items sold. Further company also provides certain extra services to its customer like, discount at particular amount of purchase, gifts, and other services.

In addition to this, the company has recently expanded its operations, and has inaugurated new business ventures, Tidmax supply shop, and tidmax for children, at various states of United States. Hence, all of these expansions has resulted company unexpected profits and returns, and after witnessing such a response the management of the company has decided to expand its operation is global perspectives.

Moreover, the company has always considered its customer has an important asset, and has ensured to provide excellent facilities to all of its customers, hence, before planning to expand on global perspective the company has carefully analyzed the culture, lifestyle, and behavioral patterns of individuals belonging to different age groups. Further, the company has also analyzed the global markets laws and regulation, it political situations, and most importantly has analyzed the current economic situation of countries where it has planned to expand its business (Gill & Chatton, 2001).

However, global expansion is not an easy task, as it requires proper planning, and financial stability. Hence, after carefully analyzing the financial and other aspects, the company has speculated to face certain obstacles in its expansion process. Some prominent obstacles that management of the company is facing are discussed below.

Discussion

Raising Capital for expansion

The first major obstacle after completing all the required discussion, and drafting of the plan that company will face is the arranging financial sources. The financial condition of the company is very strong but the major problem is that global expansion requires significant amount, and company cannot utilize all of its financial resources currently available. Hence, it has become a major hurdle for the company to raise the capital, mainly because of poor economic conditions; ...