I. Executive Summary
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Strengths Weaknesses
* Quality Service * Lack of funds
* Cheaper cost of service * No permanent employees
* Variety of services offered * No online presence
* Customer loyalty * Newly established
* Proximity to Customers * Lack of knowledge and skills in handling
* Availability a business
Opportunities Threats
* Lack of Competitors * Natural Calamities
* Online Marketing * Inavailabilty of Supplies
* New Technology * Town ordinance that prohibits grass
* Her business is a good credential that will clippings at the curbs
make her raise her chances of getting a job * Established competitors that have bigger
* market share and
* Possible entrants in the industry
Disadvantages:
a) no opportunity for business growth
b) less chances to compete with larger competitors
c) slow gain of market share
d) business will be left out by improving industry
Disadvantages:
a) fixed income
b) uncontrollable working hour
Disadvantages:
a) expanding will require more capital
b) larger business means more work for Hazel
c) higher risk of failure
d) will increases expenses due to additional manpower and equipment
VIII. Conclusion/Recommendation.
From the suggested course of actions, the best option that will benefit Hazel the most is if
she will expand her lawn care services. By her expanding her business, this will provide her higher
income, and higher income means a better way of living for her. Although there will be some
disadvantages in expanding the business, Hazel has the capacity to do it and it is also the perfect
time for her to expand since her business is still doing well. Hazel has the momentum and she has
the ability to provide the resources needed to expand the business as well. Financial limitations can
be addressed by availing loans while market problem can be solved by stronger marketing strategy
like creating online presence.
Continuing the business as it is and getting a job are good actions for her as well, but these
will limit her in terms of growth and income. It will surely enable her to meet her basic needs but
she can earn more than that. In both scenarios, there might be lower risks, but her progress will be
slow. Choosing to continue the business will make her and her business stagnant and not much
changes in her life will happen. Getting employed on the other hand will connote uncontrollable
working hours, and fixed income as well.