How managing resources and controlling budget costs can improve the performance of Schuh

Subject: Personal evaluating the business performance

Dear Sir/Madam

The purpose of this letter is to share my personal evaluation of how your business ‘Schuh’ performance can be improved through effective management of resources and controlling of budgets.

There are 5 main resources in a business which can help it become successful. Human resources, financial resources, educational resources, physical resources, technological resources and emotional resources.

HUMAN RESOURCES
Human resources are needed within a business, an example of a human resource is staff and employment, businesses employ staff members who obtain skills which can create a positive impact and benefit the business. Human resources can improve the performance of a Schuh in many ways; human resources are in charge of employing the correct people who are suited for a job, and to make sure that they have everything in place in order for them to make the best out of the job. Human resources have to have a bond with each staff member making sure they treat each staff member individually and treat them with respect and sometimes sensitivity as they are ran and organized by legislations and laws. In Schuh through different seasons and peaks, human resources have to make sure that all staff members are trained to handle these kinds of stressful times; this also involves having a look at potential employee’s skills to make sure that they employ someone who is able to handle these demands.

FINACIAL RESOURCES
Financial resources are in place to make sure that the business monitors and check their financial balance to make sure they have enough money to afford to pay employees and bills. If financial resources are not monitored it can mean that a business may not be able to afford to purchase new