Strengths:
Frank: Chosen travel choice, always loved cars, helped his brother whenever he could.
He is a self motivated person, well able to do allthing on his own.
Good work ethic. Enjoys the work, pleasure to him.
How his business will counterpane: Networking(internet), word of mouth(customers telling other customers).
Established business
flavor and standards are high.
Negotiations: Banks(already successfully loaned) and market share: Frank = grocery store Leader
One stop shop for customers
Hands on employees
Qualified staff
Work ethic
Good office
Entrepreneurs
Weaknesses:
Finance: Borrowed heavily from bank
Management: Frank is inbred for the proper management of the company
Depended on, Delegation. This could be a scourge as if he was sick the company could go drop hill.
No middle men or foremen, this means crude(a) is on charge 24/7
No rout time for frank
each(prenominal) money is going to and climax from only one sector, cars and repairs.
High interest servicing his loans.
attempt taker, this could end bad aswel as he could risk the dislodge of failing.
Oppurtunities:
My business: Started from scratch and postulates to/ will do more.
“One closedown Shop” no out sourcing
Leasing – Move to a antithetical spot if needed.
Frees up capital (money for company, staff, materials )
Open more branches, or another branch
Franchise: Sell his name on for money
ITC: Websites
Online booking
Texting service
EDI: (Electronic Data Interchange) Order any parts from anywhere.
Diognostics:
On board calculating machine
Finance:
All his accounts using exel
Pay role: sage on computer
Business plan:
Desktop publishing
Websites
Green Cars: serve for green cars (with contracts)
NCT: Pretests
Threats:
No down time
Leasing
Loans are ground on frank, and frank alone so if his company busts he...If you want to get a full essay, order it on our website: Ordercustompaper.com
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