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Thomson Greenhouse

In: Business and Management

Submitted By stasai
Words 958
Pages 4
Memo
To: Earl Thomson and Lisa Thompson
From: Shinichi Tasai
Date: December 1, 2013
RE: How Thomson Greenhouse can successfully transfer the ownership to Ryan, and increase the sales by expanding market, and increase the work efficiency by restructuring the organization structure.
Short-Term (Immediately to September 2010, before winter season) 1. Develop a business plan for successful business transition and expansion. 2. Start training and a succession planning for successful business transition. 3. Start building a new greenhouse. Cash payment is recommended.
Med-Term (November 2010 to Three Years) 1. Hire sales personnel with an incentive plan for sales increase. Advertising is recommended. 2. Expand the market. 3. Training and recruitment should be done in winter season.
Long-Term (After Three Years) 1. Complete the transition of the business ownership and continue expanding the market.
Control/Feedback
1. Incentive plans should be given to non-family employees in order to avoid the lack of motivation. Commission incentives are recommended. 2. Advertising on newspaper, school board, or websites (classified, kijiji) will be the advertising channels for recruitment.
Contingency
1. Bank loans for investing building are the second recommended option. 2. The structure of the business can be changed based on the demand. 3. If the demand after the expansion requires more capacity and productivity, the company should stop contracts of renting land to the local farmers. *

Executive Summary
Introduction
Thomas Greenhouse, is located in Sudbury, Ontario, is previously owned by Earl and Lisa. Although the business is not their first income job, the business has been successful since its establishment for 17 years. Although the fact they have been successful, there are some issues they need to solve.…...

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