Persuasive+from+Finance+to+President


 * MEMORANDUM **


 * Date: ** November 21, 2013


 * To: ** Tyler Shute, President


 * From: ** Christian DaFonseca, Director of Finance


 * Subject: ** Fully Utilizing Resources and Increasing Profits

We are not fully utilizing our resources or reaching our full potential. Many students are missing out on the services we provide because difficulties traveling to our current location. As a result, we are losing potential customers and not maximizing our revenues.

To fully utilize our resources, I have been considering an alternative. Opening new buildings across the state will be expensive and time-consuming. However, expanding to multiple locations throughout the state will attract new customers who found it inconvenient traveling to our current office. This can also bring out our tutors full working potential with the increase of students.

Expanding will attract more students and increase total profit by $500 a month. Renting out the office space will cost around $1000.00-1500.00 a month, as well as $750.00 for office equipment. The initial costs are high but the return in revenue will make up for this.

Please call me at Ext. 23 if you have any questions. Opening new offices around the state will improve monthly revenue and overall profits. With your approval before December 2, we could have the offices set up and ready for operations by April 17.