ib/ am/ pwm interview question
How would you go about this one:
What are the credit considerations for opening a garden centre in HK?
Jan 03, 2010
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From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
Start Macro.. most people will try and dig right into financial info....
Market Size: Gardening Population, ability for growth, expansion Competition: Are there other garden centers? How have the been received? Are they making money? If not, why aren't there any right now? State of the HK economy: Gardening is probably a discretionary expense, are people spending money on gardening? Regulations/Taxes: Anything prohibitive that would make this a failing venture?
May add some more later...
Shouldn't I talk about cash flow projections etc??
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