Coast4Life

Date: October 5th, 2012 To: Coast4Life Inc. From: Pat Brown, CMA Subject: Coast4Life Cruises Coast4Life Inc. incorporated in 2002 is a company that offers ocean cruises along the Canadian west coast. They coif unrivaled across see significant growth since 2003 and in a flash develop $55.7 zillion in revenue while operating(a) two ships, coastal Native and Natural Splendour, through the months of may to September. This yr exit be a costly one for Coast4Life Inc. and competitors in the industry. On its final cruise of the season, the coastal Native experienced alters to the hull of the ship, which will set them concealment $3 million in repairs. Sales be expect to drop-off for the 2013 season as there was a terrorist feeler on a ship in the Caribbeans. It is expected that both bookings for cruises oecumenic will significantly drop. We will see a 35% decrease in Coast4Lifes cruise bookings. A small(a) issue that Coast4Life has accepted is over the summ er months, the dry effect dock may non be operational and employees be temporally laid off. During this downturn, the board of directors would like to find slipway to fill in costs and generate more revenue. We blockade the following quatern options.

Selling Frasers dry dock, which is operational for 7 months of the year for the maintenance and the refurbishment of either ship. We live with mentioned that during the summer months, Coast4Life has to move off some employees and may not be operational. This sales agreement would eliminate seasonal lay-offs and generate a high addition in cash flow. This finis may cause damage in the relationship ! with the familiarity due to the termination of 71 of their employees. Part of Coast4Lifes plenty and mission emphasis on the safety of their customers, staff and naval life. Outsourcing the maintenance of the ships may not guarantee the same take aim of quality and safety. You have the luck to change your customer undulate due to this market study. We have noticed that 30% of your customers are between the age...If you want to fuss a full essay, smart set it on our website: BestEssayCheap.com

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