Report on how to lease vacant apartments more quickly
Introduction
The aim of this report is to find ways to lease vacant apartments more quickly and perhaps at high rents.
Findings
Until now, about our apartment, 26 units are vacant, 38 units will be vacant and 27 units will be leased by June 1st.
However, in fact, there are 200 units in our apartment, which means that occupancy rates and vacancy rates are unbalanced.
Conclusion
At present, we should find a method that help us lease the rest vacant units more quickly, if we can lease to people at high rents, so much the better.
Recommendations
It is recommended that we need to make a reasonable plan. Firstly, we can decorate our apartments with substantial materials for the target customers, so as to give the units a new look. Secondly, with extensive advertising in magazines, posters, new mediums and so on, occupancy rates must increase. Lastly, installing a sound and new security system is a necessity.
Report on maximizing profits
Introduction
The CEO has requested this report on adjusting sales.
The report was written to report suggestions of maximizing
profits at a recent meeting for the CEO.
Clothing factor, the report was to be submitted to her by 3rd
November.
Findings
1. Reducing the amount of pay for each employee who is not in a management position.
2. Discarding the expensive packaging now used.
Packaging now used cost lots of money; use cheaper ones can save a large mount of money.
3. Using inexpensive material to produce the jackets.
Expensive material now used was the major part of cost in production. It will make more profit that change this kind of material to inexpensive ones than before.
4. Raise the price immediately and cover the loss of sales by firing 100 low level employees.
Research has shown that any price increase will cause an immediate loss of sales (although sales would recover in about 6 months). In case it happens we could cut down
expenses by firing some staffs to offset the loss of sales. Conclusions
1. Reducing cost of goods sold like using inexpensive material and packaging can make profit.
2. Raise price and cover loss by reducing expenses like staffs’ salaries and fire some employees can also increase profit. Recommendations
1. It is recommended that our company should work out amount of saving from reduction of salary . List a total amount and a name list that staffs will be fire.
2. It is recommended that our company should make certain the inexpensive material and packaging that we would use in the future.
Bonnie Qiu
Clothing Factory
29 October
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