President+Formal+Report+to+Vice+President


 * STUDENTS ACHIEVING ACADEMIC EXCELLENCE INC. MEMORANDUM**

 **Date: ** November 13, 2013

 **To: ** Brian Andrea, Vice President

 **From: ** Tyler Shute, President

 **Subject: **  Feasibility of Lengthening Company Hours

The plan calling for lengthening the company hours is possible and can be implemented by January 6. This report discusses the background, benefits, problems, costs, and time frame executing the plan.

 **Background: Students Unable to be Tutored Due to Conflicts. ****Students have been missing valuable tutoring time due to conflicts with work and school. Students have asked to stay later but we have been unable to fulfill this request due to our hours. As a result, we have lost potential profits and potential students. **

 **Benefits of Plan: Increase in Students. ****<span style="font-family: Arial,sans-serif;"> The proposed plan of lengthening our company hours will invite more students with tight schedules to sign up. We will keep tutors available for two more hours each day. And will leave the building open for a two more hours after that to allow for computer use and studying. This will insure students with all different schedules can attend. **

<span class="apple-converted-space" style="font-family: Arial,sans-serif; font-size: 10pt;"> **<span style="font-family: Arial,sans-serif;">Hiring New Personnel. ** <span style="font-family: Arial,sans-serif; font-size: 10pt;"> One of the biggest problems will be hiring new personnel. We would have to hire more tutors to meet these new hours. As well as keep someone later to watch over the students studying and using computers. This could be prove to be costly.

<span class="apple-converted-space" style="font-family: Arial,sans-serif; font-size: 10pt;"> **<span style="font-family: Arial,sans-serif;">Costs. ** <span style="font-family: Arial,sans-serif; font-size: 10pt;"> Implementing the plan will result in two direct costs. The first would be the increase in electric bill, which would cost 2,000 a month. The second cost would be the additional payroll for the extended hours, which will end up costing $1,500 a month. However, these costs are within the company’s budget.

<span style="font-family: Arial,sans-serif; font-size: 10pt;">Please contact me by December 22 if you would like additional information regarding lengthening the company hours.