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Problem Briefing: Swot/ Planning Management Problem

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Submitted By Nashona
Words 393
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After reviewing the company’s background we offer the following recommendations to help improve their position in the market with the aspiration of growth & financial prosperity.
The first thing which must be done is to define the scope of the services offered. To effectively target the right customers Cal Inc. identify what services are being sold.
To help alleviate some of the financial stress of the business Cal Inc. should consult with the Small Business Administration regarding loans and/or business opportunities for businesses at risk.
Since investors are reluctant to invest, Cal Inc. should consider a partnership or relinquishment of a share of the profit. If the Cal Inc. agrees to give a hefty share of the profits to an investor, it is recommended that a set time frame for the profit split be agreed upon (with an option to extend or modify the agreement). This agreement will attract investors as it would offer a higher potential return on their investment. An agreement of this sort would also benefit Cal Inc. by offering financial assistance without having to give up the profits of the company during the entire life of the company. A partnership will not only offer financial support but also offer labor support as Cal Inc.’s owner will not have to run the company on his own anymore.
To also help with the financial matters it is recommended that Cal Inc. consider the sale of stocks. To make these stocks appealing to potential investors Cal Inc. needs to prepare a projection report detailing how it plans to grow its business.
Cal Inc. should consider hiring accounting/ bookkeeping personal. This is a must needed investment for the company. Proper accounting/ book keeping of the company’s financial records will help to alleviate fines that are paid for late bills. An office manager should also be hired to help the owner keep track of customer’s/

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