Finding and Evaluating Business Opportunities Case Study

Finding and Evaluating line of work Opportunities - Case Study ExampleThus, in 1993, both Tim and Brad Larson had the advantages of experience in managing businesses, making investments and securing pious platitude loans using the sellers assets as collateral. However, as the case study suggests, all their potential station companies argon small in size (valued at less than $5-$6 million to each one). Besides, each prognosis business was involved in a specific business segment and was affected by each limited or unseasonal sales. Thus, the Larsons argon expected to flourish the most through the point niche schema. This strategy is the most applicable as all target firms currently do not enjoy a wide scope in terms of cost leadership or differentiation. By adopting a guidance strategy, the Larsons can focus their experience and limited resources on a defined business or market place segment. Besides, the focus strategy works best for smaller companies and can be implemented with a focus on either differentiation or cost. Most suitable company for purchase The profile of each of the four companies shall be evaluated to identify the most suitable company for purchase (all discussions are with respect to the course of study 1993). Landscape Products manufactures a number of harvest-feasts and is operating at full capacity. While the labour costs are cheap, the demand is rather seasonal in nature. The company had been in operation for over 12 geezerhood and was managed by experienced owners. However, the company depended on supplies from certain lumber mills and in that respect is no source given for the unusual closure of some of these mills, which had a direct impact on the proceedsion widening at Landscape. Hence, there is some uncertainty over when production levels would pick up and whether Landscape would be in a position to reduce its dependence on these mills and seek alternatives. Fairway Outfitters has a gigantic client list and shows a s trong potential for growth in the future. Information from customers also indicated that they are satisfied with the services provided by Fairway. However, the small size of its workforce when compared to its long client list indicates that a strong reason for the companys growth could be the experience and skill of its founder, who is now concerned in managing some private golf courses. The fact that the founder does not have confidence in handing over the management to one of his staff members adds to this doubt. Richmonds Snacks has performed considerably well within the snacks fabrication over a long period. These figures were achieved even though the companys market was limited to the middle west. The company is however affected by a high level of seasonal sales. While there is a huge potential for growth (expansion into new regions, improving production capacity etc) at suffering investments, the company was being sold due to a struggle between the owner and his sons. It ma y and so be advisable to evaluate any litigation that may exist before considering this company for purchase. Although Teletechs product and operational procedure sound simple and interesting, it is a concept currently in development. The product is yet to be introduced into the market and there is no information or certainty if the product willing succeed in evoking any interest among consumers. In fact, the company is in the process of testing the product and the actual product is to be introduced only after 8 months. Besides, the owner of Teletech was asking a tincture price although the components involved in producing the product and related components are not very expensive. Based on the above considerations, Richmonds Snacks is recommended for purchase among the four candidate firms as it produces a