Question: Brief Case Study: Quickfix Autoparts Roberto Ramirez opened his automobile parts store, Quickfix Auto Parts, five years ago, in Ponce Having worked for an automobile

 Brief Case Study: Quickfix Autoparts Roberto Ramirez opened his automobile parts
store, Quickfix Auto Parts, five years ago, in Ponce Having worked for
an automobile dealership, first as technician, and later as the parts department
manager for over 15 years, Roberto had learned the many nuances of
the fiercely competitive automobile servicing business. He had developed many contacts with

Brief Case Study: Quickfix Autoparts Roberto Ramirez opened his automobile parts store, Quickfix Auto Parts, five years ago, in Ponce Having worked for an automobile dealership, first as technician, and later as the parts department manager for over 15 years, Roberto had learned the many nuances of the fiercely competitive automobile servicing business. He had developed many contacts with dealers and service technicians, which came in really handy when establishing his own retail store. Business had picked up significantly well over the years, and as a result, Roberto had more than doubled his store size by the third year of operations. The industry and local forecasts for the next few years were very good and Roberto was confident that his sales ould keep growing at or above recent levels. However, Roberto had used up most of his available funds in expanding the business and was well aware that future growth would have to be funded with external sources of funds. Roberto's knowledge of finance and accounting, not unlike many small businessmen's, was very limited. He had often entertained the thought of taking some financial management courses, but could never find the time. One day, he consult his problem to Gustavo Gonzalez, his longtime friend. Gustavo has often given him good advice in the past and Roberto was desperate for an advice. "'m no finance expert, Roberto", said Gustavo, "but you might want to contact the finance department at our local university's business school and see if you can hire an MBA student as an intern. These students can often be very insightful, you know

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