Reply Letter on Failure in Business
Dear Mr. Singh,
I commissioned a market survey of car accessories with Goodsell, a renowned firm. Their report came in yesterday. From this, I find that I had been manufacturing the wrong accessories. I would have to change over to axle and chassis components and offer these at a comparatively less price in the market. Besides, some investment is needed in advertising. I think I shall hand this part over to ‘Advert National.’ Thank you for your solace and timely advice.