Artemis Sportswear Proposal Essay
Alyssa Casler, Derrik Carr, John Humphrey, Raven Porter, Tieran Dysart
Oct 13, 2014
Artemis Sportswear Proposal
When running a business, there are many factors that go into a successful business. Keeping your customers, shareholders, and employees happy will determine if your business fails or succeeds. The biggest part in keeping a business thriving is if it is making money. We could raise prices and leave everything the way it is, but that could lead to a decline in customers. Raising the prices with no inside changes to how the business runs could also scare away investors or lead to less interest in our company. This could also lead to our employees not having very much …show more content…
Before we consider hiring, we should consider adding overtime pay. According to Lewis, M (n.d.) considering if our current employees would enjoy the extra pay we would be able to get more work done with fewer people. The overtime pay could be considerably less than hiring, recruiting, and spending money to retain employees.
Outsourcing certain duties to third party services is another viable option. Instead of hiring full time employees for non-critical tasks such as janitorial, secretaries, or other maintenance duties we can combine the use of technology and independent firms according to Lewis, M (n.d.). Finding a service that can provide janitors and maintenance staff for a smaller fee than paying monthly salaries can be very beneficial. For duties, that