Easy Business Financial Analysis - 2588 Words

ALTERNATIVES We had come out two alternatives in order to help Sindy solve the dilemma she faced. The first alternative is expanding her business into middle and senior level segment after 2 years. By expanding the business, Sindy will able to get more profit. This is because the revenue that she will get from senior staff positions is higher compare to junior staff positions. The second alternative that we suggest is doing nothing. Doing nothing means that Sindy have to continue on what she do now and just focusing on the blue collar and junior staff positions. Alternative 1: Expand the business into middle and senior level segment after 2 years. Since on the first year of operation, Sindy are able to get an amazing profit as well†¦show more content†¦Sindy can change her thinking from doing nothing to doing something, but not after two years. This means that, after two years, she has to maintain on what she does now and can change it only after 5 years for example. This is because to help Sindy gain more knowledge in recruiting agency as well as gain more money. She also will be able to gain lots of experience in doing this business. This can be an advantage for her once she starts expands her business after 5 years because has lots of experience in recruiting agency. Besides that, Sindy also can gain loyalty from clients on hiring company since she is focusing in just one segment. The positions is same, therefore the clients from hiring company sometimes may also be the same. If she continuously works with the same client, the pr obability for loyalty from clients will be high. Clients will be loyal if they are comfortable with the services provided. Once hiring companies feel comfortable with Easy Business, they may recommend it to others. This is an advantage to Sindy since she can get more clients through this. Other than that, Sindy also do not have to compete with others since the competition for blue collar positions is low compare to white collar. This can reduce the level of stress for Sindy in doing the business. She also does not have to thinkShow MoreRelatedBusiness Plan For A Business Essay1708 Words   |  7 Pagesstart a brand-new business, expand an existing company, or get financing for a business venture, you will need to write a business plan. A business plan not only lends your business a sense of credibility, but also helps you to cover all your bases, increasing your chances of success. Although writing a business plan can be a lengthy, intimidating project, it is not necessarily difficult. Here is an overview of how to write a successful business plan. 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