I am too quite.
I can’t work for long hours.
Looking at my own strengths and weakness, it describes that I m good in Finance and spend most of the time on computer. I got some good skills in Maths, and I take care of Finance work, but I can’t lead a group as I am too quiet.
Michaels
Strengths
He can lead group
Organise a group
Persuade and advice
Good talker
Good communication skills
Good advisor
Weaknesses
He’s not the best typist
He’s not good reaching out in the street
He’s not a good advertiser
He can’t design
Michael is a good communicator so he will be spending his time on customer service desk as his strengths describes that he is a good communicator. His strengths also describe that he gives advice and persuade customer and make them satisfied. Michael has really excellent skills in public speaking, so he will deals with customers as a sales man, but he is not a good typist and designer. Michael will take care of all Marketing and Sales work in our business.
Shuaibs
Strengths
Good speaker.
Good Typist.
Take work seriously and willing to work for long hours.
Can also prepare business documents.
Weaknesses
Not good in Numerology.
Not good in Finance.
He is too quiet so he can’t lead any group.
Shuaib is a good speaker to people. He is also reasonable good typist. During his work he can also talk on telephone and give information. He always takes his work seriously and willing to work for long hours. Unfortunately he is not good in finance. He is a quiet person and can’t be able to lead a group. He takes care of all Admin work. He is a retail manager and can communicate with customers.
Samirs
Strengths
Good Designing skills
Hard working skills
Weaknesses
Can’t lead a group
Samir has good skills of designing and creating art so I believe that he will mostly be busy in creating advertisement for our estate agent which hopefully attract more customers. He is one of outstanding designer in our group who always advertise for our company and make leaf lets. He really works hard in our business, but samir can’t lead a group. Samir is taking care of all media work such as advertise and leaflets.
Gerald’s
Strengths
Can type fast
Communicate with customers
Working hours
Can take responsibility
Weaknesses
Can be board of doing lots of paper work.
Have no advantage when money is needed.
Gerald will be hopefully taking care of the finance and some of admin work. As his strength show that Gerald is good hard worker. Gerald’s can take responsibility on his work and can communicate with customers, but he is board by doing lot of papers work. He is also a fast typist, but he gets board of lots of paper work.
Opportunities
There is wide range of opportunities in this business as in 2006/07, over 30% people are moved. People buy, sell and rent their properties. Slough is becoming a part of London, because of people work. People from other places like reading are moving to Slough because they can’t effort to live in that life style. They buy properties in slough because it’s cheap and near to Heathrow, West London and M4. When people buy or sell property its price goes up, so we can easily make profit in this business.
Threats
The threats of our business are not enough experience about the selling and buying property. Another threat could have lake of money. Another threat could be not enough time to contribute to our partnership. People in the organisation need to be able to carrying on their tasks get knowledge from reading books, journals and rival agencies leaflets. Another threat is lack of advertisement which could put us out of business because customers don’t know what we offering them.
Benefits of running a business:
There are many benefits of this business. The main benefit is to make profit. If I was a sole trader this business is easy for me to control. I will be earning more money than I would do by job. When being by self employed, I won’t be under pressure and I will have all profit. I will do my own decision, solve my own problems and aware of my own business. I will increase my profit by investing money in my own organisation. I will make enough to live on. Just like small business mans they work 4 to 5 days a week. I will provide work to my family members because I trust them. I want to get rich and to achieve my targets I have to work hard. No boss means, no petty rules, no asking permission to visit the dentist and the freedom to set my own goals. There are lots of insurance products out there that can provide me with a financial safety net. Long term sickness or my sudden death need not mean poverty for my family. I can take off as much time as I can, and where ever I want. I can adapt quickly to new opportunity. I can improve my lot through my own efforts. I can grow in my profession at a speed that I can set and in a direction that suits me. However as I am trying to set up a partnership but some of there ideas would come true. I will have to share profit, can’t be able to take all the decisions myself which I might find difficult.