Premium Essay

Best Financial Services

In: Business and Management

Submitted By whosthatlady
Words 418
Pages 2
Suggested Questions for Case:
1) Perform a brief analysis of the industry. Identify the threats or opportunities.
Threats:
Opportunities:

2) Analyze Best Financial’s strengths and weaknesses. How will these corporate capabilities affect the growth strategy?
Strengths:
Weaknesses:

3) Provide an assessment of the consumer in the industry in general, and of Best Financial’s client base in particular.
The consumer:

4) Prepare and analyze Best Financial’s statement of cash flows for the year ended on December 31,2007. What changes would you recommend to facilitate the growth strategy?
Cash Flow Statement ending Dec 31, '07:
Changes to facilitate growth strategy:

5) Prepare and analyze the relevant financial ratios for Best Financial.
Relevant financial ratios:

6) Assess, qualitatively and quantitatively, the option of hiring a new advisor.
Hiring a new advisor:

7) Assess, qualitatively and quantitatively, the option of buying a block of business.
Buying a block of business:

8) Develop a promotional plan for Best Financial to implement in the next fiscal year.
Promotional plan:

9) Prepare a projected income statement and balance sheet for the year ended on December 31, 2009, assuming a new advisor is hired.
Projected income statement:
Balance sheet for year ending Dec 31, '09 if new advisor hired:

10) Prepare a projected income statement and balance sheet for the year ended on December 31, 2009, assuming the purchase of a block business.
Projected income statement:
Balance sheet if purchase of block business:

11) What strategic course of action would you recommend?
We recommend the following strategic course of action:

Title page containing, at least, the following information: the title of the case or problem being presented: Best Financial Services, Inc. your group number and the names of all group members (in…...

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