Recommendations.docx - Recommendations In terms of...

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Recommendations In terms of management aspect, since the owner does all the work and he does not have sufficient fund for additional employees, he should take care of his health and well-being. But if the owner is financially stable in the future he should hire employees to help him handle the business. In terms of operational aspect, the business should increase its operating hours and set a permanent schedule. Instead of starting at 11: 00 am, it may start as early as 8:00 am. In terms of marketing aspect, the business must have its own name for its identification. In addition to that the place would seem neat but he has no Tupperware or any proper place where
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Unformatted text preview: the dough can be placed since he only puts it in a plastic bag In terms of financial aspect, the owner may take a loan for their planned expansion where they will need a big amount of money. The development, innovation and modification of their business also need a lot of capital. Since they are not earning much than what is needed, they should consider this recommendation. In time, they will be able to pay the loan little by little because they already have an extra income daily even without expanding and they will have more extra amount of money after executing their expansion plan properly....
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