McBride Financial Services Problem solution

McBride financial Services, Inc. is a privately held brokerage true short headquartered in Boise, Idaho, specializing in conventional loans as well as loans for military veterans as guaranteed by the United States Department of Veterans monetary maintenance (VA) for home purchasing and refinancing (University of Phoenix, 2008). Under chief operating officer Hugh McBrides leadership, McBride Financial is comparatively small, but with all the makings of a large potbelly; Hugh McBride has an decision maker Assistant, HR Manager, IT Director, Controller, and eight brokers on staff, apiece of which the CEO needinesss to fill in the eight spick-and-span locations where he envisions his troupe fating (University of Phoenix, 2008). Hugh McBride has met with an IT consultant to talk of his plans to declare low-cost mortgage helps over the Internet, as well as partnered with a more experienced firm; Beltway Investments to act as shareholders to aid in realizing his business plan . Hugh McBride has to a fault recently appointive memb!ers to a raw Board of Directors for his company (University of Phoenix, 2008). Still at the start-up stages, however, McBrides business plan shows a neglect of experience, financial planning, and honorable responsibility. This assessment will discuss selection solutions for Hugh McBride to consider as he moves forward with his plan to expand his business, and the implementation of an optimum solution so that his companys end-state goals can be realized.

Situation AnalysisIssue and probability IdentificationMcBride Financial Services has current figure losses nearing $30,000 and CEO Hugh McBride is looking to expand to eight new lo cations. None of these new locations engage! been purchased yet. Real estate negotiations have not withal begun. McBride wants to launch an Internet-based business, where the bulk of his plan is to offer customer service over the Internet and keep his representations minimally staffed with only a licensed broker as an office manager and... If you want to get a full essay, tell apart it on our website: OrderEssay.net

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