Mr. Henry Hercules Case Study

starting his own business. Mr. Hercules was very skilled with his hand where carpentry was concerned and decided that he will start building and selling his products. Mr. Hercules used the money he saved from Coco Board and selling chicken to purchase the necessary materials and tools needed for his new business and began building furniture on his own below his parents’ house. At that specific time period, there weren’t any readymade furniture stores on the island and handmade furniture was the only type known to the people. From beds to chairs and dining room set was made and sold by Mr. Hercules and bit by bit he acquired enough money to rent a piece of land to build his own business near his home in Roxborough and thus Hercules General Supply Store was born with the staff consists of himself, his wife, niece and sister. The transition from selling underneath his parents’ house to having his own building proved to be a smooth one however, life at his new location was not all that pleasing. The business though it thrived over the years, the business was still met with several loss during the rainy and hurricane season. The business is …show more content…
Henry Hercules after the establishment of his business Hercules General Supply Store. The profitable business was then faced with a drastic decline in sales with the emersion of Kirpalani and Max Senhouse two well established companies. The two became Mr. Hercules primary competitors which stole the business status of being a monopoly. The companies offered readymade furniture and offered deals such as “buy one get one free” and “dollar down, dollar per week” which took the island by storm. Hercules General Supply Store lost several customers to these organization, so much so that the entire business almost failed. Due Mr. Hercules entrepreneurial skills, he was able to adapt to the changing market and switched from building furniture to selling household