Chocolates By Design

901 Words2 Pages

Over the years, large chain businesses have come into counties, such as Broward and have taken over local mom and pop stores and small businesses. Often times it is because theses local business are no longer receiving business because the competition was unbarring and as a result,they cannot maintain their finances. However in some cases these local businesses are able to maintain the competition from these large chain businesses because they have applied logical thinking into their investment before taking action. Therefore, the key aspects of this paper will discuss the purpose and challenges that may come from a small business by using a local business for instance. Chocolates by Design, a candy and confectionery, is a small local business …show more content…

The Judson investment allowed them to put less time in the framework and more time into the detail of their products; as a result, they were able to provide delectable treats. Also since they purchased a location where a previous business sold a similar product was located, they didn’t have to invest in advertising too much. Small candy business usually is great local business because the owners put their time and love into their work; they make sure everyone experience is joyful. The owners of Chocolates by Design applied many factors to their business when creating it , such as the location's demographics. They selected a product that a numerous amount of people enjoy, and thought how they could incorporate their product into that. For example, Chocolate by Design create platters for religious holidays , birthday’s and everyday …show more content…

Some major issue that Chocolate by Design had faced over the years, are sugar prices, and family business relationships. Sugar prices in the U.S over the years have increased several times the amount compared to Mexico; therefore, business such as Chocolates by Design were affected by the prices of sugar. However, U.S business owner's would purchase their sugar from out the state to avoid from this issue; now “U.S raw and wholesale prices plummeted more than 50% from 2010 to 2013 because subsidized Mexican sugar imports created a near-record surplus ratio of 20%” (American Sugar Alliance). Since the wholesale price of sugar has decreased, Chocolates by Design was able to overcome this issue that in a positive outcome. Also, many family owned business face challenge with separate family affairs when in their working environment. When working with family its hard to treat all employees equally, and to avoid conflict amongst staff. Although, Chocolates by Design owners experienced this issue , they were able to overcome this issue by allowing everyone to towards their positions and making sure their work space was enjoyable to avoid negative

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